Posted on April 30th, 2011 by Roy
The China Council for the Promotion of International Trade (CCPIT)-Guangzhou and Philippine Chamber of Commerce and Industry (PCCI) recently signed a cooperation agreement to co-organize the Manila-Guangzhou Trade and Investment Conference slated to be held on June.
The event, which is aimed to further boost the Philippine-China trade and investment relations, is expected to gather around [...]
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Posted on April 29th, 2011 by Roy
The Trans-Asia Oil and Energy Development Corp.’s plan to raise fresh fund for power generation via stock rights offer was approved by the Philippine Stock Exchange (PSE).
The Phinma-led company got the nod from PSE when the latter posted a memorandum on Friday saying that its board has approved the listing of 1.16billion additional common shares [...]
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Posted on April 28th, 2011 by Roy
The Philippine government believes that the country deserves a better credit rating, that is why it is wooing the three major credit rating agencies for an upgrade in its credit scores, amid the improving fiscal situation and external liquidity.
The three credit rating agencies – Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s (S&P), were [...]
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Posted on April 24th, 2011 by Roy
San Miguel Corp. said it is interested in taking over the operations of the Ninoy Aquino International Airport Terminal (NAIA) 3. San Miguel said it will join in the bidding for NAIA 3 should the government open it for privatization.
In its disclosure to the Philippine Stock Exchange, the company stated, “The company may participate in [...]
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Posted on April 21st, 2011 by Roy
The Department of Trade and Industry (DTI) reported that their recent trade and investment mission in India have generated new investment pledges worth $42 million. Trade Secretary Gregory Domingo said they were from three energy projects and a pharmaceutical packaging ventures.
The Philippine delegates, led by Domingo, attended the recent ASEAN-India Business Fair and Conclave held [...]
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Posted on March 27th, 2011 by Roy
The Pami Asia Balanced Fund, the fund management unit of the Philam group, has been given license by the Securities and Exchange Commission to operate as an open-end investment company and to register its entire authorized capital stock consisting of eight million common shares at a par value of P0.45 each. The new mutual fund [...]
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Posted on March 22nd, 2011 by Roy
“Maharlika Board” or a separate trading board for the Philippines companies that comply with high governance standards is being planned by the Philippine Stock Exchange (PSE). If plans push through, the “Maharlika Board,” which will be the first of its kind in Asia, will start on September this year. It is part of the government’s [...]
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Posted on March 16th, 2011 by Roy
The Canlaon Alco Green Industrial Corporation will be investing P5.192 billion for a bioethanol plant in Bago, Negros Occidental. And because of its multi-million investment in the bioethanol project, Canlaon will be receiving six years worth of income tax holiday (ITH), according to Lucita P. Reyes, executive director of the Board of Investments (BOI).
Reyes said [...]
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Posted on March 15th, 2011 by Roy
Conglomerate Ayala Corp. is planning to sell as much as P10-billion in 10-year innovative bonds via public offering to beef up its cash position. In its disclosure to the Philippine Stock Exchange, Ayala plans to issue at least P6 billion “multiple puttable” retail bonds with an option to increase by P4 billion in case of [...]
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Posted on February 27th, 2011 by Roy
Jesus Vicente-Garcia, executive vice-president and branch banking head of Philippine Veterans Bank, believes that time deposit remains to be one of the simplest, safest and most rewarding investments . Despite the many investment options available in banks, Garcia explained that a time deposit is a sound option to grow one’s investment because it enjoys higher [...]
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Posted on February 25th, 2011 by Roy
Based on World Bank’s (WB) assessment, the Philippines have the potential of generating more investment this year, as well as next year. The World Bank cited recent reports about improving business sentiments that could fuel economic growth faster than its previous estimates. It has set its growth forecast for the Philippines at 5 percent this [...]
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Posted on February 25th, 2011 by Roy
Ayala Land Inc. (ALI) is planning to offer P2.02 billion worth of investment bonds, which the company called “Homestarter,” this May. The property giant would like to offer the bonds to retail investors who would like to put up seed money to buy residential units. This will be the fourth time that ALI will be [...]
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Posted on February 23rd, 2011 by Roy
The Clark Development Corporation (CDC) said that it expects the employment at the Clark Freeport Zone to surge this year as operations of new investments starts. The CDC said as early as the end of January 2011, the number of workers in Clark had already grown by an annual 4.7% already. The Freeport Zone administrator [...]
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Posted on January 15th, 2011 by Roy
An opportunity comes when we least expect it, but an astute entrepreneur is always on the lookout for this. That is why when he stumbles upon a really hot opportunity, he does not hesitate to get Business Loans if lacks the funding just so the chance for another investment opportunity would not escape him. He [...]
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Posted on January 7th, 2011 by Roy
There is nothing more frustrating for an entrepreneur, whether seasoned, aspiring or a star-up, than when an opportunity drops on his lap and he has no excess cash to invest. Especially when it is a low-risk and high return investment opportunity. It would have been nice to that excess cash when such opportunity come, otherwise, [...]
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Posted on December 21st, 2010 by Roy
Wise entrepreneurs know that it is not advisable to “put your eggs in one basket,” that is why you find them having diversified investment. They would either have another business, have a joint venture with other entrepreneurs, or spend in their excess money in bonds to earn passive income.
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Posted on December 4th, 2010 by Roy
To raise funds to pay for its maturing debt, the country’s biggest power distributor, Meralco Electric Co., will be selling P4.8 billion worth of seven- and 10-year notes. In its disclosure to the Philippine Stock Exchange, the electric company signed an agreement to sell the seven- and 10-year fixed rate bonds at a price of [...]
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Posted on October 16th, 2010 by Roy
A Qatar-based telecommunications company is looking to increase further its investment on Philippine soil. Qatar Telecom QSC (QTel), has a minimal investment in a local listed firm, Liberty Telecommunications Holdings, Inc. The company, through its chairman Abdul Bin Saud Al-Thani, said that prospects in the Philippine telecommunications were so good that they feel that new [...]
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Posted on September 29th, 2010 by arbe
Good news for many of us, Mr. President Benigno Simeon C. Aquino III is coming home with $2.8 billion pledges of investment. This also includes the Millennium Challenge Corp. that grant $434 million and will be using for road construction, tax administration projects and specially for fighting the poverty.
This will help our economy to grow [...]
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Posted on September 22nd, 2010 by PinoyBusiness
The Philippine franchising today is so strong in terms of income and investment. And even the global economic crisis didnt slow it down and now with the global economic crisis slowly going to recover the franchising industry has more and more investment to offer.
The Association of Filipino Franchisers Inc. (AFFI) even said [...]
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