LATEST NEWS


PEZA says Qatar firm keen on investing in PHL

Janina C. Lim    November 21, 2018   

DOHA-BASED Al Jameel Showroom Furniture is looking to put up operations in the country, according to the Philippine Economic Zone Authority (PEZA). “I have convinced them to invest in PEZA’s Economic Zones especially in the Agro-forestry ecozone for wood-based industries and paper-making industries zones,” PEZA Director-General Charito B. Plaza said in a Facebook post o


Chinese steel firm to build $3.5-B plant in Misamis Oriental

Victor V. Saulon    November 21, 2018   

CHINESE steel company Panhua Group Co., Ltd. will build a 305-hectare integrated steel manufacturing plant in Misamis Oriental through a three-phase project at an investment of $3.5 billion, the Trade secretary said on Tuesday. The project, which will be set up at the PHIVIDEC Industrial Estate of the Misamis Oriental-Special Economic Zone, will consist of a port, an integrat


APO Cement raises prices of cement products amid quarry suspension

Roy Stephen C. Canivel    November 19, 2018   

APO Cement is raising the price of its cement products by P10 per bag in Cebu and other parts of Visayas, citing the suspension of its main supplier after the landslide in Cebu months ago. In a statement on Sunday, the company said its production costs have “suddenly gone up,” causing a significant impact on its operations. Its main supplier of raw materials, APO Land &


ADB sees ‘Build’ program boosting PH corporate bond market

Ben O. de Vera    November 19, 2018   

Manila-based multilateral lender Asian Development Bank (ADB) is bullish about prospects in the domestic corporate bond market as real estate firms participate in the Duterte administration’s ambitious “Build, Build, Build” program. In a statement Monday, the ADB welcomed financing company AEON Credit Service (Philippines) Inc.’s P1-billion bond issuance, which was is


Megaworld net income climbs 12.8% P11.66 B in 9 months

James A. Loyola    November 13, 2018   

Megaworld Corporation, the Philippines’ biggest integrated urban township developer and office space lessor, posted a 12.8 percent hike in net income to P11.66 billion during the first nine months of 2018 from the P10.34 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said attributable net income grew by as faster 13.1


LATEST NEWS

News
PEZA says Qatar firm keen on investing in PHL

Janina C. Lim    November 21, 2018   

DOHA-BASED Al Jameel Showroom Furniture is looking to put up operations in the country, according to the Philippine Economic Zone Authority (PEZA). “I have convinced them to invest in PEZA’s Economic Zones especially in the Agro-forestry ecozone for wood-based industries and paper-making industries zones,” PEZA Director-General Charito B. Plaza said in a Facebook post o ....

News
Chinese steel firm to build $3.5-B plant in Misamis Oriental

Victor V. Saulon    November 21, 2018   

CHINESE steel company Panhua Group Co., Ltd. will build a 305-hectare integrated steel manufacturing plant in Misamis Oriental through a three-phase project at an investment of $3.5 billion, the Trade secretary said on Tuesday. The project, which will be set up at the PHIVIDEC Industrial Estate of the Misamis Oriental-Special Economic Zone, will consist of a port, an integrat ....

News
APO Cement raises prices of cement products amid quarry suspension

Roy Stephen C. Canivel    November 19, 2018   

APO Cement is raising the price of its cement products by P10 per bag in Cebu and other parts of Visayas, citing the suspension of its main supplier after the landslide in Cebu months ago. In a statement on Sunday, the company said its production costs have “suddenly gone up,” causing a significant impact on its operations. Its main supplier of raw materials, APO Land & ....

News
ADB sees ‘Build’ program boosting PH corporate bond market

Ben O. de Vera    November 19, 2018   

Manila-based multilateral lender Asian Development Bank (ADB) is bullish about prospects in the domestic corporate bond market as real estate firms participate in the Duterte administration’s ambitious “Build, Build, Build” program. In a statement Monday, the ADB welcomed financing company AEON Credit Service (Philippines) Inc.’s P1-billion bond issuance, which was is ....

News
Megaworld net income climbs 12.8% P11.66 B in 9 months

James A. Loyola    November 13, 2018   

Megaworld Corporation, the Philippines’ biggest integrated urban township developer and office space lessor, posted a 12.8 percent hike in net income to P11.66 billion during the first nine months of 2018 from the P10.34 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said attributable net income grew by as faster 13.1 ....

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