BSP: Foreign investments surge in PH in 1st quarter

Inquirer.net 06/11/2018

Inflows of foreign direct investments to the Philippines rose substantially in the first quarter of the year as investors were reassured by the country’s strong economy, the central bank said on Monday. In a press statement, the…

Manufacturing investments dropped by half in 2017 due to tax reform

Inquirer.net 02/28/2018

New investment pledges in the manufacturing sector plunged last year to almost 50 percent due to the uncertainty brought by the tax reform law, top officials of the Philippine Economic Zone Authority (PEZA) said on Wednesday. New…

Infra investments: Mandaue’s economic booster

Victor Anthony V. Silva 12/15/2017

Infrastructure projects to spur property development in this ‘gateway city’ to Cebu Mandaue City is already a favorable destination for investors as it is, with proximity to the Mactan-Cebu International Airport and Cebu International Port being one…

Solar energy, cement projects push 3Q investments to P20M

Victor Anthony V. Silva 10/16/2017

CEBU Big-ticket projects in solar energy and cement registered at the Board of Investments Cebu Extension Office (BoI-Cebu) helped push investments in Cebu in the third quarter to P20 million, which is a marked improvement to previous…

IT-BPM sector in Cebu still upbeat despite dip in investments in PH

Victor Anthony V. Silva 09/27/2017

Despite the decline in investments in the country’s Information Technology-Business Process Management (IT-BPM) sector during the second quarter of the year, a local industry leader still considers Cebu “lucky.” This is because Cebu continues to enjoy the…

City sees more investments at North Reclamation Area

Miguel Ernest E. Ermac, Norman V. Mendoza 08/28/2017

ROAD LOTS donated to mandaue city More investments and greater development would be expected in Mandaue’s North Reclamation Area especially with the donation of 11.5 hectares of privately owned road lots to the Mandaue City government. “It…

Most traveled president also got most investments — Palace

Inquirer.net 06/26/2017

PRESIDENT Rodrigo Duterte’s trips abroad brought in at least $35 billion worth of investments into the country, Secretary Martin Andanar of the Presidential Communications Operations Office (PCOO) said yesterday. Andanar said this meant that the Philippines earned…

Property investments continue to pour into Mandaue City

Agnes Alpuerto 05/19/2017

MANDAUE City continues to attract more investors as more property developments continue to sprout in the city. Mario Ocleasa, Mandaue City Planning and Development officer, said in an interview yesterday that they attributed these development to Mandaue…

‘Dutertenomics’ seen to drive more investments in Cebu

Victor Anthony V. Silva 04/19/2017

The Duterte administration’s thrust to ramp up public spending on infrastructure was seen to drive private sector investments in the country, a local investment promotions official said. This, in particular, was a key in spreading development to…

BoI notes drop in investments as of Q1

Victor Anthony V. Silva 04/19/2017

The value of projects registered with the Board of Investments (BoI) reached P720.58 million in the first quarter of 2017, down from P7.65 billion during the same period in 2016. Ellorence Cruz, BoI Cebu extension office OIC…

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