THE PHILIPPINES is poised to remain a regional outperformer over the coming months with the government’s pivot to China and Japan for trade and investment expected to boost economic growth, BMI Research said.
THE Department of Environment and Natural Resources (DENR) said it completed an audit of two coal-fired power plants and is about to put together national guidelines for reviewing various projects that pose critical threats to the environment.
THE National Economic and Development Authority (NEDA) swore in Ferdinand A. Pecson as new Executive Director of the Public-Private Partnership Center of the Philippines yesterday, after President Rodrigo R. Duterte signed the appointment papers on Nov. 15.
What happens when a corporation is dissolved but the stockholders failed to liquidate the corporation and distribute the remaining assets of the corporation? May a stockholder who was deprived of his share in the remaining property demand to inspect the books of the corporation? Under Philippine laws, a corporation which has been dissolved, has three years after dissolution to continue as a body corporate but only for the purpose of liquidating its assets and winding up its affairs.
INVESTMENT pledges the Philippines secured from China during President Rodrigo R. Duterte’s state visit to Beijing last month may soon be implemented after government officials met with Chinese authorities last week.
THE Mines and Geosciences Bureau (MGB) forecasts metal output this year to decline from 2015 levels due to the unfavorable price environment and the government’s environmental audit that threatens to suspend several miners.
THE Philippine Economic Zone Authority (PEZA) said it has briefed Qatar and the United Arab Emirates on the possibility of investing in economic zones in the Philippines.
THE Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) is preparing its position paper against the government’s plan to hike the tax on automobiles, a top official of a member company said.
COLLIERS International Philippines predicts the economy to grow by 6.5% to 7% this year following strong third quarter gross domestic product data.
THE Philippines will be among the hardest-hit economies should the US adopt protectionist trade policies, Moody’s Investors Service said in a report, which could dampen the prospects of the burgeoning business process outsourcing (BPO) sector that employs over a million Filipinos.