Philippine Updates
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Landbank Announces New Loan Facility for Farmers, Fisherfolks, and Micro-Small Enterprises
Landbank is allotting P1 billion in loans to qualified farmer and fisherfolk beneficiaries for eligible projects such as agri-enterprise, livestock, and fishery production. The new…
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PH Moves to Hasten Business Permits and Licensing Services
Last Tuesday, the Departments of Trade and Industry (DTI), Interior and Local Government (DILG), and Information and Communication Technology (DICT) agreed on a joint memorandum…
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Henry Sy Remains Philippines’ Richest Man
For 9 years straight, the Chinese-Filipino business magnate remains to be the Philippines’ richest man. Sy owns various business properties all throughout the country, including…
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Globe’s commitment to improve internet services in the Philippines
An anti- spam mechanism is now being activated by Globe to get rid of the daily spam and scam messages being delivered to users on…
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AboitizLand to Launch Four Major Projects in Luzon
Cebu real estate developer AboitizLand is setting its eyes on Luzon. The real estate arm of the Aboitiz Group is allotting P2.35 billion for the…
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Metro Pacific Reports 25% Increase in Net Income
Metro Pacific Investments Corp. (MPIC) reported a net income of nearly P7 billion in the first half of the year or about a 25 percent…
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Nestle Philippines Builds 2B Worth Malt Plant in Batangas
Something good is about to arrive in the province of Batangas. In a press conference held earlier this week, Nestle Philippines Inc. stated that the…
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Mining Companies Take Duterte’s Stern Warning as a ‘Challenge’
The President has maintained his tough stance against businesses that are violating government standards and damaging the environment. He put particular emphasis on mining companies,…
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Phoenix Net Profit Up by 33% in First Half
Phoenix Petroleum Philippines Inc. saw its net profit rise by 33 percent in this year’s first half owing to stronger sales compared to the same…
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Philippine-France Partnership to Boost PH Economy
Last year in Paris, former Department of Trade and Industry chief Gregory Domingo met French Minister of State for Foreign Trade Mathias Fekl to discuss…
