GMA Expands International Reach
GMA Network, Inc. reveals that it has partnered with two foreign pay TV operators to make its international channels available in various other parts of the world. This includes North …
More PPPs to be Awarded by the Government
The government plans on awarding seven more public-private partnerships before the succeeding administration takes over. This news was broken by the PPP center, despite the most recent postponements in the …
Premiere Horizon Stake in Boutique Hotel Sold
Premiere Horizon Alliance Corp. has divested its interest in a boutique hotel-owning real estate company in Makati City. This is in line with their efforts to focus on their core …
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 stated by the holding firm …
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 interview that the invitation to …
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 the prospect for organic farming …
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 around the globe to shift …
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 viability of smaller lenders. Back …
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 identify brand new opportunities that …
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 anchored on low-cost residential projects. …