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Building wealth for health

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sunlife2

Conventional wisdom says that health is wealth. But when an unexpected illness occurs within the family, this usually throws households off-balance, with majority being driven to heavy debt and about 95 percent depleting their savings, based on a study conducted by insurer Sun Life of Canada (Philippines) Inc.

Posted: April 20th, 2014 in Editor's Pick,Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

ICTSI to operate Iraqi port

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A general view shows the Umm Qasr port in the southern Iraqi city of Basra on June 9, 2011. AFP PHOTO/AHMAD AL-RUBAYE

International Container Terminal Services Inc. (ICTSI), a global ports operator owned by Filipino billionaire Enrique Razon Jr., plans to invest an initial $130 million to modernize and expand a container port in Iraq.

Posted: April 11th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

US tech company to invest $40M more in PH facility

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On semiconductor, a manufacturing company based in Phoenix, Arizona, will invest an additional $40 million in its Philippine manufacturing plants over the next two years to better serve growing global demand for electronic goods, the top executive of its local unit said.

Posted: March 31st, 2014 in Headlines | Read More »

Malaysian firm to turn land around Maguindanao massacre site into plantation

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Maguindanao Gov. Esmael Mangudadatu (second from right). AP FILE PHOTO

Idle land around the site of the 2009 Maguindanao massacre in which 58 people were killed is up for conversion into a banana plantation and agricultural complex with amenities such as a hospital and a prayer house, Maguindanao Governor Esmael Mangudadatu announced on Saturday.

Posted: March 22nd, 2014 in Latest Business Stories | Read More »

Ayala Land marks second year in US by opening another office

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Opening second Ayala Land office, left to right: Country Manager Bong Gutierrez, Deputy ConGen Jaimon Ascalon, Ayala Land Int'l President Antonino Aquino and Gen. Manager Anna Tatlonghari. PHOTO BY MANDY CHAVEZ

Business must be good. Ayala Land, the Philippines’ premier real estate developer, marked the second-year of its presence in the US by opening its second office here last Feb. 27.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

Filipino investors most optimistic in Asia, says Manulife

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Philippine investors were tagged as the most optimistic in all of Asia despite volatile market conditions as of the end of last year, with overall sentiment getting a boost from solid economic growth.

Posted: March 10th, 2014 in Headlines | Read More »

Peace deal seen to open Mindanao to investment

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The Department of Trade and Industry expects the signing of the Bangsamoro Peace Agreement to open up Mindanao to investment opportunities, particularly in the agriculture sector.

Posted: March 5th, 2014 in Headlines | Read More »

With no solution in sight for Thailand, investors look to PH, Indonesia

Protesters chant slogans in support of Prime Minister Yingluck Shinawatra and her government outside the gate of the National Anti-Corruption Commission office in Bangkok, Thailand, Thursday, Feb. 27, 2014. Thailand's anti-graft commission on Thursday summoned Yingluck Shinawatra, to hear charges of negligence for allegedly mishandling a government subsidy program. Her supporters blocked access and chain-locked one of the gates to the agency's headquarters, so Yingluck's legal representatives met commission members elsewhere to accomplish the formalities. AP

Foreign investors prefer Indonesia and the Philippines right now as they do not see any sign of a solution to Thailand’s political crisis, Chua Hak Bin, Asean economist at Bank of America Merrill Lynch, told The Nation during an exclusive interview.

Posted: March 1st, 2014 in Latest Business Stories,Photos & Videos | Read More »

Aquino invites Malaysian businessmen to invest in Mindanao

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Philippine President Benigno Aquino III, center, listens to an unidentified officer as he walks with Malaysian King Sultan Abdul Halim Mu'adzam Shah, left, during a welcome ceremony at Parliament Square in Kuala Lumpur, Malaysia, Friday, Feb. 28, 2014. AP

With peace at hand in Mindanao, President Benigno Aquino has invited the Malaysian business community to invest in the region’s untapped resource potential, citing how governance reforms and a fairer business climate have led to an economic revival in the Philippines in recent years.

Posted: March 1st, 2014 in Latest Business Stories | Read More »

China’s manufacturing slows to eight-month low

AP FILE PHOTO

China’s manufacturing activities expanded at the slowest pace since June, amid government efforts to rein in credit and investment growth, according to the industry group China Federation of Logistics & Purchasing.

Posted: March 1st, 2014 in Latest Business Stories | Read More »

Cement company eyes billion-peso expansion

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Cement firm Lafarge Republic Inc. is investing some 18.48 million euros, or over a billion pesos, in a new cement mill at its manufacturing plant in Bulacan to further boost its production capacity by 2015.

Posted: March 1st, 2014 in Headlines | Read More »

UAE delegation eyes PH for investment opportunities

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UAE

United Arab Emirates (UAE), one of the world’s wealthiest countries, is looking for investment opportunities in the Philippines and has also invited Filipino businessmen to come to UAE to look at opportunities there.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

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