Business

Malaysian firm offers to build P122-B gov’t center in Clark

MANILA -- Malaysian investment holding firm MTD Capital Bhd. has offered to build a government center in New Clark City in Central Luzon worth PHP121.8 billion. Bases Conversion and Development Authority (BCDA)...

PEZA eyes 8T hectares of mining lands as ecozones

MANILA -- The Philippine Economic Zone Authority (PEZA) plans to turn some 8,000 hectares of land of Philippine Mining Development Corp. (PMDC) into mineral processing industry zones, PEZA Director General Charito...

NEDA says foreign businesses confident on PH business climate

MANILA– The National Economic and Development Authority (NEDA) on Tuesday gave the assurance that foreign investors remain confident to do business in the Philippines despite the 14 percent decline in foreign...

Semirara Mining H1 royalty payment triples to P1.7-B

MANILA -- Semirara Mining and Power Company (SMPC) said Friday it has tripled its royalty payment to the government during the first semester of the year. In a disclosure to the Philippine Stock Exchange,...

Dominguez to American businessmen: PHL now among Asia’s fastest-growing economies

NEW YORK CITY— Finance Secretary Carlos Dominguez III told the American business community here that the Philippines has started to deliver on its anticipated economic breakout on the Duterte watch, turning...

Forbes writer cites Duterte factor in PH econ

MANILA -- A contributor of Forbes magazine cited the latest run-up of the Philippine Stock Exchange index (PSEi), saying markets have noted the strength of the domestic economy. President Rodrigo Duterte's ratings have...
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