Philippine Updates
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Red Hat Seeks to Establishing Subsidiary in the Philippines
Red Hat Inc., an American multinational software company, is looking to establish a subsidiary in the Philippines as it sees growing adoption of open source…
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Japanese Businesses to Explore Opportunities in Philippines
Japanese manufacturers investing in Philippines is said to gain steam as a new group of investors is scheduled to scout for business opportunities in the…
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BDO Looking for Partnership Deals and Potential Acquisitions
BDO has made numerous smaller bank acquisitions as part of its expansion strategy. It has moved to expand its product offerings by forging tie-ups and…
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DA Confident that New Safeguards Will Pass SC Scrutiny
Dennis M. Guerrero, Department of Agriculture undersecretary, has said that he is confident that the new rules are addressing concerns regarding the consultation process, risk…
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Landbank-DBP Merger Approved by Aquino
President Benigno Aquino III has recently approved the merging of two state-run banks: The Land Bank of the Philippines and the Development Bank of the…
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Small Cars to be Produced Locally by Mitsubishi Philippines
Mitsubishi is quite keen to help expand the local auto industry. The company is busy preparing its application for its incentive program, which requires automakers…
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Steady Growth is in the Future for Union Bank Loan Portfolio
Union Bank president and COO Edwin R. Bautista has remarked that the bank’s total loan book stood at Php 190 billion in 2015. In a…
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PSE Named Best in Stock Exchange in Southeast Asia
On February 2, 2016, institutional investment magazine Alpha Southeast Asia gave The Philippine Stock Exchange, Inc. (PSE) an award for Best Stock Exchange in Southeast…
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Filipinos – The Most Confident Consumers in Southeast Asia
Nielsen, an American research firm, said that the consumer confidence in Philippines registered the highest score in Southeast Asia for 2015. According to their Global…
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Pork Production in Butuan City Pushed
Pilmico, Aboitiz Equity Ventures Inc.’s food subsidiary, is trying its best to encourage a ‘buy local’ mindset and promote sustainable entrepreneurship. This accomplishment is expected…




