Coca-Cola Femsa to Invest $800 Million in the Philippines
Coca-Cola Femsa Philippines Inc. is set to invest $800 million between now until the year 2020. The purpose of this investment is to continue the upgrade of its facilities, as …
Philippines Ranks 70th in Economic Freedom Index
In a report published by The Heritage Foundation of the United States, Philippines jumps 6 ranks which puts the country to the 70th place among 186 countries in the 2016 …
The World’s First Forbes-branded Office Building in the Philippines
Century Properties Group Inc., a real estate company in Philippines and Mitsubishi Corp, a Japanese conglomerate, broke ground for the Forbes Media Tower, a 35-storey office building that will rise …
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 solutions especially in financial sector. …
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 country this week. The Japan …
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 partnerships both local and abroad. …
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 assessment, and environmental assessment outlined …
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 Philippines. Landbank will serve as …
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 to produce 200,000 vehicles per …
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 recent interview, Mr. Bautista said …