COMMERCIAL operations are expected to start next month for the bulk supply water project undertaken by the joint venture of Manila Water Consortium, Inc. and the Cebu provincial government, an official said over the weekend.
Nov 092014
BusinessWorld Online: Economy
Nov 092014
SMALL AND MEDIUM-sized enterprises (SMEs) vary in size and type across countries and industries; despite these differences, it is globally recognized that SMEs play a vital role in economic development. Based on a report presented by R. Aldaba in August 2014, “Gearing Up SMEs for Association of South East Asian Nations (ASEAN) Economic Community 2015 (AEC 2015),” ASEAN SMEs account for about 99% of all registered businesses, employ more than 60% of the work force, and contribute 16% to 35% in exports.
Nov 062014
TWO power plants under construction have experienced delays of about two months due to congestion at the Port of Manila, though the setback will not affect the government’s target of having them in operation during the 2015 dry season, Energy Undersecretary Zenaida Y. Monsada said.
Nov 062014
EXPECTATIONS of slowing economic growth this year are continuing to mount amid underspending by the government, with Australia and New Zealand Banking Group Ltd. (ANZ Bank) joining other financial institutions that have cut their projections for the Philippines.
Nov 062014
PILIPINAS Shell Petroleum Corp. said it is awaiting clarity on the government’s energy mix policy before it moves forward with plans to build a liquefied natural gas (LNG) import terminal.
Nov 052014
IMPORTS of a food sweetener has been tagged in the Finance Department’s latest Tax Watch advertisement, after regulators noted price differences in the declared prices of the top importing companies.
Nov 052014
PROJECTS and programs for the proposed Bangsamoro political entity will be tackled in this year’s pledging session between the Philippines and multilateral lenders, the government’s Investor Relations Office (IRO) said on Wednesday.
Nov 052014
THE Philippines is reputed to have the longest Christmas season in the world, an observation borne out by the onset of gift shopping as of this writing, just under 50 days from the actual holiday itself.
Nov 022014
THE BANGKO SENTRAL ng Pilipinas (BSP) may tighten monetary policy settings anew early next year should the US Federal Reserve hike its own interest rates, a Malaysian bank said in a research note.
Nov 022014
TWO PUBLIC-PRIVATE partnership (PPP) projects under the Transportation department have been further delayed after the agency opted to push back bid submission deadlines, separate bulletins issued last Friday showed.