MULTILATERAL LENDER Asian Development Bank (ADB) is targeting to double its private sector financing and investment portfolio to $16 billion by 2020, with the Philippines seen to continue serving as an “important market.”
Jan 252016
Jan 132016
THE HEAD of the Asian Development Bank (ADB) on Wednesday said its Board will soon green-light an additional $400 million for the Philippines’ conditional cash transfer (CCT) program.
Jan 042016
DAVAO CITY — When President Benigno S. C. Aquino III took his oath as the President of the Philippines in 2010, Mindanao didn’t have enough power.
Dec 292015
THE ELECTRONICS industry is expected to post revenue growth of 10% in 2016 — double the 5% expansion projected this year — amid strong overseas demand and foreign companies setting up shop in the Philippines.
Dec 292015
DAVAO CITY — Banana growers and exporters in the Philippines, currently the second biggest such industry in the world, are bracing for competition from fellow members of the Association of Southeast Asian Nations (ASEAN), which have started to develop banana plantations.
Dec 022015
THE EUROPEAN Chamber of Commerce of the Philippines (ECCP) will next year look at expanding its membership base in Europe as well as in the Philippines amid the growing number of companies from both sides that are planning to expand.
Nov 172015
AFTER HOSTING this year’s Asia Pacific Economic Cooperation (APEC) meetings, the Philippines should identify the sectors it can excel in and ensure that micro, small and medium enterprises (MSMEs) gain a share of economic growth, economic leaders said.
Nov 012015
THE ADMINISTRATIVE procedures relating to licensing and permits for on-grid solar photovoltaic plants in the Philippines has been described as “complex, time-consuming and costly” by the German international development agency GIZ.
Oct 282015
With the presidential election barely six months away, we can already see the candidates trying to position themselves vis-à-vis each other, and in the public’s mind. The stakes for the Philippines have never been higher. The next administration has the potential to shape the economic landscape of the country for the next 20 years. This might be the most hotly contested presidential election since after Martial Law.
Oct 132015
GERMAN COMPANIES are seeking local partners to pursue projects involving the generation of solar power in areas not connected to the Philippines’ main power grid, the German-Philippines Chamber of Commerce and Industry said in a statement.