Business

MinDA to organize trade mission to Middle East

By Digna Banzon/PNA DAVAO CITY – Seeing the Middle East as a potential huge market for Mindanao, the Mindanao Development Authority (MinDA) is organizing a trade and investment mission there any time...

Importers no threat to local cement manufacturers

By Kris Crismundo/PNA MANILA -- Cement importers insisted that they do not pose sufficient threat to the market position of local cement manufacturers, saying calls for additional safeguard duties against them are...

Spain offers 300-M euro funding for PH infra, tourism projects

DOF PR/PNA MANILA -- Finance Secretary Carlos Dominguez III on Wednesday welcomed Spain’s offer of a financing facility of up to 300 million euros to support government projects in the areas of...

AboitizPower remains keen on offshore biz

By Kris Crismundo/PNA MANILA -- AboitizPower remains keen on investment opportunities outside the Philippines, its Chief Operating Officer Emmanuel Rubio said Tuesday. Rubio told reporters that the company is still looking for investment...

Economy to grow 6.8%-7.2% in 2019: FMIC, UA&P

By Leslie Gatpolintan/PNA MANILA -- The Philippine economic growth trajectory is expected to pick up this year, growing between 6.8 percent and 7.2 percent on an upturn in consumption spending amid improving...

AboitizPower spared from Hanjin trouble

By Kris Crismundo/PNA MANILA -- AboitizPower dodged a bullet by its non-participation in the power supply bidding for Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), which is now faced with financial ruin. AboitizPower...
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