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Standard Chartered seeks share in Philippine infrastructure projects

Cathy Yang, ABS-CBN News Posted at Mar 01 2017 04:31 PM http://news.abs-cbn.com/business/03/01/17/standard-chartered-seeks-share-in-philippine-infrastructure-projects MANILA – Standard Chartered is eyeing partnerships with conglomerates to participate in the government’s ambitious infrastructure overhaul, its CEO said Wednesday. The UK-based international lender recently gave up its retail business to concentrate on corporate and institutional clients. It also appointed its first […]

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EO 14 returns ownership of Clark Int’l Airport Corp to BCDA

President Duterte’s 14th Executive Order transfers CIAC back to BCDA from the Department of Transportation Pia Ranada Published 7:36 PM, March 01, 2017 Updated 7:36 PM, March 01, 2017 http://www.rappler.com/nation/162939-executive-order-14-clark-international-airport-corp-bcda MANILA, Philippines – In the name of efficiency, President Rodrigo Duterte signed Executive Order No. 14 bringing back the Clark International Airport Corporation (CIAC) into […]

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Metro Pacific sets P79-B capex for ’17

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 […]

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BPO changes unlikely due to Trump, US envoy says

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 […]

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British firms eye Mindanao projects

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 […]

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DoF rejects VAT exemption on socialized-housing inputs

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 […]

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DLSU inaugurates new campus in Bonifacio Global City

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 […]

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VRP Medical Center’ improvements for 44th anniversary

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 […]

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Arthaland gains foothold in Arca South

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 […]

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Cebu Landmasters sets P12B capital spending until 2018

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 […]

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