Recent Posts

Red tape still a PHL turnoff

By Jerry Maglunog Accolades about the Philippines are being peddled by government drumbeaters to convince the public that the economy is growing and investors are investing their money in the country.

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Complex problems remain at Manila ports–PIDS study

The seven month-long truck ban last year in Metro Manila cost the national economy around P43.85 billion, but while the country’s leaders insist that the operation has normalized in the ports since last February, complex problems with port congestion and underutilization remains, a recent policy note released by state think tank Philippine Institute for Development Studies (PIDS) said.

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Bourse suffers ‘jinx’, stays below 8,000

Stock market stakeholders call it as almost “a jinx.” The stock index in the days after the visit of President Aquino to the bourse had refused to rise back to the 8,000 point level, ending the week at 7,946.89 down by 0.02 percent or 1.31 points.

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Lopez, SMC lead bidders for 200-MW coal project

By Riza Lozada Twelve power consortia, led by the Lopez group and San Miguel Corp. (SMC), expressed interest to bid for the contract to become the independent power producer administrator (Ippa) of the 200-megawatt (MW) Mindanao coal-fired thermal power plant.

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PNB income up 5% to P5.5B last year

The Philippine National Bank (PNB) posted a net income of P5.5 billion in 2014, reflecting a 5-percent increase from its previous year’s level-despite the challenging conditions in the local financial markets that caused the bank’s trading gains to decline substantially by 72 percent to P1.3 billion.

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HK limits Shenzhen residents’ visits

Hong kong—The Hong Kong Special Administrative Region (SAR) government welcomed a cap on trips to Hong Kong by residents of neighboring Shenzhen city and vowed to continue curbing cross-boarder parallel trading.

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