MWSS board OK’s water rate hike starting 2023
CONSUMERS in Metro Manila will face higher water bills starting next year.
Who will be the next Entrepreneur Of The Year Philippines?
THE SEARCH for the Entrepreneur Of The Year Philippines 2022 will conclude with a much-awaited award gala at the Grand Hyatt Manila on Nov. 21.
Peso inches lower vs the dollar
THE PESO moved sideways against the dollar on Thursday as the Bangko Sentral ng Pilipinas (BSP) delivered a widely expected 75-basis-point (bp) rate increase to fight inflation.
Stocks rise as investors get bullish on economy
PHILIPPINE STOCKS inched higher on Thursday as investors were optimistic that the economy can absorb monetary tightening after the central bank delivered another large rate hike.
Thailand’s Charoen Pokphand weighing more PHL investments
THAILAND’s Charoen Pokphand Group Co. Ltd. (CP Group) has expressed interest in investing in Philippine aquaculture and hog production, the Office of the President said in a statement.
PEZA sees Japanese interest in renewables, electric vehicle projects
THE Philippine Economic Zone Authority (PEZA) said Japanese manufacturers are considering investing in Philippine renewable energy and electric vehicle (EV) projects.
National strategy for logistics industry due in December
THE government is drafting a national strategy for the logistics sector for launch next month, with the goal of attracting more investment into the industry, the Department of Trade and Industry (DTI) said.
Gov’t gauging level of private interest in EDSA busway, north rail PPPs
THE government is consulting the private sector on how to make two key transportation projects more attractive to potential public-private partnership (PPP) investors, the Department of Transportation (DoTr) said.
DoE opens RE to full foreign ownership
THE PHILIPPINES’ renewable energy (RE) sector is now open to full foreign ownership, the Energy department said on Wednesday.
SEIPI clings to 10% export growth goal this year
THE SEMICONDUCTOR and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is clinging to its 10% export growth target this year, as it expects higher demand during the holiday season.
PHL improves ranking in bribery risk index
THE PHILIPPINES improved its ranking in a global index that measures business bribery risks, although its score worsened.
Fuel for the people
TRUE BLUE corporate guy-turned-entrepreneur Ricardo “Jun” Abelardo, Jr.’s track record for success speaks for itself. He graduated first honor from Ateneo de Naga University High School, and completed a degree in chemical engineering at the University of the Philippines. He received leadership awards upon graduation from high school and college. Mr. Abelardo joined a multinational petroleum company as part of its international leadership program, which is limited to high-potential employees. He was one of the youngest and fastest promoted to the management committee in the company.