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Helping SMEs get financing key for Asia's continued growth – ADB
MANILA, Philippines – An Asian Development Bank (ADB) expert said Wednesday, September 2 that the Asian region and the whole world is faced with a slowdown in the global economy, thus, a new growth...
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Western Visayas gets P187M for El Niño mitigation
NEGROS OCCIDENTAL, Philippines – At least P187 million ($4 million) has been allocated for Western Visayas to mitigate the effects of El Niño, acting Western Visayas regional director Roy Abaya of the...
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Primavera builder pushes back IPO
MANILA, Philippines – The Italian-Filipino builder of the Primavera Residences in Cagayan de Oro, Italpinas Development Corporation, has further pushed back by about two months its planned P242-million...
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Ex-NEDA chief to Mindanao bizmen: Tap into ASEAN market
ZAMBOANGA DEL NORTE, Philippines – Mindanao businessmen should seize opportunities in the Association of Southeast Asian Nation (ASEAN) market, former socio-economic planning secretary Cielito Habito...
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Ayala Land invests P70B in Cavite mega dev't
MANILA, Philippines – Ayala Land, Incorporated (ALI) is investing P70 billion ($1.50 billion) in its newest and third biggest estate, Vermosa, a 700-hectare integrated, mixed-use development in Metro...
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Villar to NTC: Persuade telcos to help protect public vs text scams
MANILA, Philippines – A senator has called on the National Telecommunications Commission (NTC) to persuade telecommunication companies (telcos) to do their part in protecting the public from text...
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BSP to release new real estate price index before end 2015
MANILA, Philippines – After a series of delays, the Bangko Sentral ng Pilipinas (BSP) is looking at releasing a new residential real estate price index (RRPI) before the end of the year.BSP Deputy...
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LRT4, LRT6, NAIA dev't projects up for final approval
MANILA, Philippines – The National Economic and Development Authority (NEDA) Board is expected to approve at least 3 public-private partnership (PPP) projects – including two elevated railways and an...
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No record of balikbayan boxes being used for smuggling – Marcos
MANILA, Philippines – Senator Ferdinand "Bongbong" Marcos Jr said there is no basis on record that the balikbayan boxes sent by overseas Filipino workers are being used for smuggling arms and illegal...
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PAL lays off 117 workers, outsources services
MANILA, Philippines — The country’s flag carrier Philippine Airlines (PAL) has decided to outsource its non-core businesses like ground handling, resulting in laying off 117 employees.The shake-up...
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Cebu Action Plan to boost PPP share of infra projects
MANILA, Philippines – As much as 40% of the Philippines’ infrastructure requirements from 2010 to 2020 could be public-private partnership (PPP) projects, thanks to the expected boost from the Cebu...
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Policymakers urged to help SMEs enter global value chains
MANILA, Philippines – Globalization has changed the way products are made, and small to medium enterprises in Asia are well positioned to take off as a result of this, the Asian Development Bank said,...
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Inflation hits another all-time low
MANILA, Philippines – Lower energy, food, and oil prices restrained inflation anew to an all-time low of 0.6% August 2015, according to the National Economic and Development Authority (NEDA).The...
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Federal Resources shareholders OK LBC Express buy
MANILA, Philippines – Federal Resources Investment Group Incorporated's shareholders have approved the acquisition of LBC Express Incorporated, paving the way for the backdoor listing of the...
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Homegrown Sizzlin' Steak enters Vietnam
MANILA, Philippines – Restaurant chain Max’s Group, Incorporated (MGI) is set to bring another homegrown restaurant brand, Sizzlin’ Steak, to the international market.Max’s Group said in a disclosure...
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Philippines to close 2015 with fewer approved investments – BOI
MANILA, Philippines – The Philippines is expected to close 2015 with fewer approved domestic and foreign investments than last year due to lesser applications for energy-related projects and stricter...
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5 ways to #BeTheBoss
MANILA, Philippines – Small and medium enterprises (SMEs) are now challenged not only to excel at management, but to take charge of every facet of their business, particularly as it comes to braving...
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NEDA Board approves LRT4, LRT6 projects
MANILA, Philippines (UPDATED) – Five projects in transportation and energy worth P131.4 billion ($2.80 billion) were approved Friday, September 4 by the National Economic Development Authority (NEDA)...
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Palace: No new or higher taxes, income tax cuts
MANILA, Philippines – Presidential Communications Secretary Herminio "Sonny" Coloma said in a radio interview Saturday, September 5, that the government is for the "status quo" on the issue of new,...
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[Executive Edge] Empowering the Filipino farmer via texting
Texting is often viewed as an activity to pass the time away with friends and family.But TJ Resabal, the founder and CEO of cloud-based solutions provider Spectres Solutions, saw it another way: he saw...
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