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SBMA chief outlines Subic infra development plan

MANILA, Philippines - A sprawling industrial zone, a bypass road and an upgraded airport are among the key infrastructure projects in the pipeline by the current Subic administration. In a Kapihan sa Manila Bay forum Wednesday, Subic Bay Metropolitan Authority (SBMA) chairman Martin Dino said since he took over last October, he has laid out an aggressive expansion plan for the area, o…

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Investors commit P441.8 B projects in 2016

MANILA, Philippines – Investment pledges approved by the Board of Investments (BOI) continued to pile up in the second half of the year, pushing the full year total to its second highest level in 16 years. The BOI s…

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Trade missions, business summits planned for 2017

Cebu Chamber of Commerce and Industry president Melanie Ng CEBU business leaders are lining up activities to help them maximize in getting a share of the opportunities in 2017 as they look back at a productive 2016. With Preside…

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Index retraces climb above 7000

All sectors ended in positive territory with the property and services counters among the biggest gainers, closing higher by 3.60 percent and 2.93 percent, respectively. MANILA, Philippines – The market…

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DBS sees Philippine GDP growth easing this year

In its latest Economics Markets Strategy report on the Philippines titled “Phl: Still strong,” DBS economist Gundy Cahyadi said the country’s gross domestic product (GDP) growth would likely ease to 6.4 percent this year from the projected…

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