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By: DORIS DUMLAO-ABADILLA Philippine Daily Inquirer 12:20 AM March 02, 2017 http://business.inquirer.net/225448/metro-pacific-sets-p79-b-capex-17 Infrastructure holding firm Metro Pacific Investments Corp. (MPIC) is jacking up capital outlays this year to P79 billion to grow its power, toll road and water businesses. “Prospects look good, volumes are still quite strong,” MPIC president Jose Ma. Lim said in a briefing […]
ABS-CBN News Posted at Mar 01 2017 09:55 AM http://news.abs-cbn.com/business/03/01/17/bpo-changes-unlikely-due-to-trump-us-envoy-says MANILA – American companies are unlikely to change their operations in the Philippines to align with US President Donald Trump’s protectionist stand, Washington’s envoy to Manila has said. The Philippines offers “very very capable, smart employees, English fluency (and) reasonable labor costs,” Ambassador Sung Kim […]
By Richmond Mercurio (The Philippine Star) Updated March 2, 2017 – 12:00am http://www.philstar.com/business/2017/03/02/1677001/british-firms-eye-mindanao-projects MANILA, Philippines – British companies are considering Mindanao as a new investment destination given the island’s huge growth potential. British Chamber of Commerce of the Philippines (BCCP) chairman Chris Nelson said a private sector delegation composed of exporters and investors will be […]
By Elijah Joseph C. Tubayan Posted on March 02, 2017 http://www.bworldonline.com/content.php?section=Economy&title=DoF-rejects-VAT-exemption-on-socialized-housing-inputs&id=141549 THE Department of Finance (DoF) wants a direct subsidy instead of tax exemptions for building materials used in socialized housing projects, citing the potential for massive leakages from the current “imperfect” tax system. Senate Bill 3776, introduced by Sen. Maria Lourdes Nancy S. Binay, aims […]
The DLSU Rufino Campus, a 1,395-square-meter building, has 17 classrooms, an auditorium, a moot court, a library, and a prayer room Rappler.com Published 5:55 PM, March 01, 2017 Updated 12:11 AM, March 02, 2017 http://www.rappler.com/bulletin-board/162936-dlsu-bgc-campus True to its commitment to serve as a resource for church and nation, De La Salle University inaugurated its newest […]
posted March 01, 2017 at 06:30 pm by Manila Standard Lifestyle http://thestandard.com.ph/lifestyle/home-living/230624/vrp-medical-center-improvements-for-44th-anniversary.html In its commitment to serving healthcare to as many as possible, VRP Medical Center (VRPMC) is on the road to achieving another milestone in its 43 years of providing accurate, humane and affordable healthcare, by opening 43 new rooms, composed mostly of private […]
By: Doris Dumlao-Abadilla Philippine Daily Inquirer 08:28 AM March 01, 2017 http://business.inquirer.net/225417/arthaland-alco-arca-south Boutique property developer Arthaland Corp. (ALCO) has gained a foothold in Arca South – the former FTI complex now being developed by Ayala Land into a new central business district – with the purchase of a 4,000-square meter landbank for P1.05 billion. In […]
Bulk of its planned projects over the next two years consists of 7,000 economic housing units, two mixed-use communities, and two hotel projects in Cebu By Rappler.com Published Wed, Mar 1, 2017 5:25 PM http://www.rappler.com/business/162919-cebu-landmasters-capital-expenditures-2017-2018 MANILA, Philippines – Cebu Landmasters Incorporated, a property developer planning to conduct an initial public offering (IPO) in 2017, said […]
By Czeriza Valencia (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676353/green-projects-seen-fill-job-losses-mine-closures MANILA, Philippines – Job losses from mine closures can be easily replaced by green projects approved by the environment department, said Socioeconomic Planning Secretary Ernesto Pernia. While there is still no full tally of the total number of workers to be affected […]
HB 4903 also seeks to simplify the donor’s tax rate for gifts worth more than P100,000 to 6% Mara Cepeda Published 7:00 PM, February 27, 2017 Updated 7:00 PM, February 27, 2017 http://www.rappler.com/nation/162729-house-approves-bill-exempting-gifts-donors-tax MANILA, Philippines – The House of Representatives approved on 3rd and final reading a bill seeking to exempt gifts worth P100,000 and […]
