Companies

Conglomerate San Miguel Corp. (SMC) has alloted a total of P3.43 billion this year out of the sale of its shares to finance its investments on infrastructure.

Committed investments in seven major investment promotion agencies (IPAs) has reached P227.4 billion in the first half, a 48.8-percent increase from a year ago, the Philippine Statistics Authority (PSA) reported.

By Riza Lozada A British trade mission will visit the country next month to explore business opportunities and to establish local networks for possible investments.

Listed Roxas Holdings Inc. unit Roxol Bioenergy Corp. (RBC), had started maintenance repairs in its La Carlota City plant following a 30-day suspension by the city government due to foul odor the plant emits.

E-commerce advocates like the Ureka Forum and its consortium members hope the newly formed Department of Information and Communications Technology (DICT) can provide lasting solutions and empower the entire business value chain to go beyond their growth potential.

By Riza Lozada The rules for the setting up of microfinance non-governmental organizations (NGOs) has been released that, among other things, will provide such financing firms a low 2-percent preferential tax.

Enhancing the quality of locally manufactured electronic products is the target of an industry group to ramp up exports receipts of the country.

The Lopez group’s First Gen Corp. (First Gen) will start commercial operation of the 100-megawatt (MW) natural gas-fired power plant San Gabriel Avion in Batangas City.

Small-scale farming—which is mainly for a family’s sustenance, plus a little income from agricultural produce—does not get the same attention as commercial farming, but it has the best potential to eradicate hunger in the majority of Filipino families.

The Board of Investments (BOI) has signed a memorandum of agreement with local companies for the demonstration of the P550 million e-vehicles project of Japan’s New Energy and Industrial Technology Development Organization (NEDO).