Philippine Updates
-
Expansion Plans of Phinma Corp. Laid Bare
Phinma Corp.’s expansion plans for its several businesses have been charted. These plans are “riding on the sustained high-growth trajectory of the Philippine economy”, as…
-
Bidding for IBC-13 Invite Expected in Apri
An invitation to bid on the privatization of IBC-13 is expected to be issued by the government. IBC-13 president Lito O. Cruz revealed in an…
-
Local Government Units Get Help with Composting Facilities
Composting facilities worth Php100 million has been allocated by the government to 172 qualified local government units. The purpose of this allocation is to enhance…
-
New Outsourcing Firm Hopes to Hire 500 in Philippines
ServiceSource International is expecting its business to grow strongly within the Philippines. A newcomer in the local knowledge process outsourcing industry, it forecasts more companies…
-
Thrift Bank Incentives Considered
The Bangko Sentral ng Pilipinas is considering extending incentives towards thrift banks that will consider mergers. This is part of their efforts in improving the…
-
The Philippines to Benefit from China Infrastructure Push
The “Belt and Road” initiative of China is expected to boost the financial sector of the ASEAN region. The endeavor can also help the Philippines…
-
P5.5B to be Spent by SM Prime for Mixed-Use Projects
SM Prime Holdings plans on spending Php 5.5 billion for the launching of several mixed-use projects outside Metro Manila. These developments are said to be…
-
Anflo Condominium Project Fast-tracked in Davao
Damosa Land, which is part of Anflo Management and Investment Corporation’s real estate arm, is accelerating the progress of its first condominium project. Encouragement for…
-
Outsourcing Firms Targeted by PLDT Alpha
PLDT is set to introduce new digital services that will cash in on both the offshoring and outsourcing industries. In a statement the company revealed…
-
Peso Expected to Sustain Upward Momentum
The expectation is that the peso will sustain its upward momentum against the dollar. This is because of the US data due this week, which…
