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P321-M coconut processing plant to rise in Palawan

By: Roy Stephen C. Canivel Philippine Daily Inquirer 12:07 AM February 28, 2017 http://business.inquirer.net/225368/p321-m-coconut-processing-plant-rise-palawan Lionheart GPPAC Farmers Corp. will soon build a P321-million coconut processing plant integrated with a hybrid coconut plantation in Palawan, the Board of Investments (BOI) said on Monday. In a statement, the BOI said the project was approved under the Investment […]

Century Properties targets first-time homebuyers

By Keith Richard D. Mariano Posted on February 28, 2017 http://www.bworldonline.com/content.php?section=Corporate&title=Century-Properties-targets-first-time-homebuyers-&id=141361 CENTURY PROPERTIES Group, Inc. is launching its residential line catering to first-time homebuyers within the second quarter, as it expands its portfolio consisting mostly of luxury and mid-priced condominiums in Metro Manila. The listed property developer made the announcement about three months after partnering […]

ArthaLand taps foreign partners for premium Cebu office building

By Iris Gonzales (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676362/arthaland-taps-foreign-partners-premium-cebu-office-building MANILA, Philippines – ArthaLand Corp. has signed agreement with China Railway Dongfang Group and Knusford Berhard of Malaysia for a $166 million engineering, procurement and construction contract for its  38-story Cebu Exchange Project. China Railway and Knusford will form a joint venture […]

Cement sales rise 6.6% in 2016

By Richmond Mercurio (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676367/cement-sales-rise-6.6-2016 MANILA, Philippines – The local cement industry finished 2016 with higher sales despite a slowdown in the fourth quarter due to unfavorable weather conditions. The Cement Manufacturers Association of the Philippines (CeMAP) said cement sales last year rose 6.6 percent to 25.96 […]

Gas prices to go down, diesel up on Tuesday

ABS-CBN News Posted at Feb 27 2017 07:43 PM http://news.abs-cbn.com/business/02/27/17/gas-prices-to-go-down-diesel-up-on-tuesday MANILA (UPDATE) – Gasoline prices will go down while diesel prices will go up on Tuesday, oil companies said Monday. Petron, Shell Philippines, SEAOIL, and Flying V said prices of gasoline will go down by P0.40 per liter while diesel prices will go up by […]

PPA says options open for Sasa port

By Imee Charlee C. Delavin Posted on February 28, 2017 http://www.bworldonline.com/content.php?section=Economy&title=PPA-says-options-open-for-Sasa-port&id=141349 THE GOVERNMENT is still open to “any privatization” option for the Sasa Port redevelopment after the project is withdrawn from the list of public-private partnership (PPP) projects approved by the previous administration’s National Economic and Development Authority (NEDA) Board. The Philippine Ports Authority (PPA) […]

P321-M coconut processing plant to rise in Palawan

By: Roy Stephen C. Canivel Philippine Daily Inquirer 12:07 AM February 28, 2017 http://business.inquirer.net/225368/p321-m-coconut-processing-plant-rise-palawan Lionheart GPPAC Farmers Corp. will soon build a P321-million coconut processing plant integrated with a hybrid coconut plantation in Palawan, the Board of Investments (BOI) said on Monday. In a statement, the BOI said the project was approved under the Investment […]

Century Properties targets first-time homebuyers

By Keith Richard D. Mariano Posted on February 28, 2017 http://www.bworldonline.com/content.php?section=Corporate&title=Century-Properties-targets-first-time-homebuyers-&id=141361 CENTURY PROPERTIES Group, Inc. is launching its residential line catering to first-time homebuyers within the second quarter, as it expands its portfolio consisting mostly of luxury and mid-priced condominiums in Metro Manila. The listed property developer made the announcement about three months after partnering […]

ArthaLand taps foreign partners for premium Cebu office building

By Iris Gonzales (The Philippine Star) Updated February 28, 2017 – 12:00am http://www.philstar.com/business/2017/02/28/1676362/arthaland-taps-foreign-partners-premium-cebu-office-building MANILA, Philippines – ArthaLand Corp. has signed agreement with China Railway Dongfang Group and Knusford Berhard of Malaysia for a $166 million engineering, procurement and construction contract for its  38-story Cebu Exchange Project. China Railway and Knusford will form a joint venture […]

JC Penney shuts 130-plus stores, offers early retirements

By AP (The Philippine Star) Updated February 27, 2017 – 12:00am http://www.philstar.com/business/2017/02/27/1676117/jc-penney-shuts-130-plus-stores-offers-early-retirements NEW YORK–  J.C. Penney is joining its department store rivals in pruning its store numbers in an era of online shopping. Penney said Friday it would close 130 to 140 stores as well as two distribution centers over the next several months as […]