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Ayala group mulls infrastructure projects as it prepares NAIA bid

Ayala group mulls infrastructure projects as it prepares NAIA bid

AC Infrastructure Holdings Corp. may submit “some” unsolicited proposals of national significance within the year, its President and Chief Executive Officer Jose Rene D. Almendras told reporters late Tuesday. The infrastructure projects may cost billions of pesos, similar to the proposed redevelopment of NAIA, the company official noted without disclosing details. The administration of President […]

Phl proposes 40 projects for possible China funding

MANILA, Philippines – The Philippine government has submitted 40 projects for possible funding support from China, the Department of Finance said yesterday. Of the 40 projects, 15 were proposed for loan financing, while 25 were submitted for feasibility study support. The projects were presented to China by a high level Philippine delegation led by Finance […]

US BPO firms put expansion plans on hold

US BPO firms put expansion plans on hold

MANILA, Philippines – After reeling from President Duterte’s rhetoric last year, American outsourcing companies remain jittery on expanding their operations in the country, this time due to President Donald Trump’s pronouncements. Philippine Economic Zone Authority (PEZA) director general Charito Plaza said there are a lot of American business process outsourcing (BPO) locators who have expressed […]

Metro Pacific may also build drug rehab facility

THE METRO PACIFIC Group could be the next firm to build a drug rehabilitation facility after several conglomerates have committed to support the Duterte administration’s efforts to combat substance abuse in the country “We’re looking at that [drug rehab centers] also. We’re also looking at that kasi (because) we’re not so familiar with rehab centers. […]