Companies

Net capital flows to emerging markets in 2015 will be negative for the first time since 1988, the Institute of International Finance (IIF) said in a report. 

Globe Telecom Inc. has signed a 10-year, P5-billion and seven-year term loan with Metrobank, which it intends to use for capital expenditures (capex). 

By Riza Lozada Postharvest losses of the fishery sector is estimated at P20 billion a year, but this can be mitigated through the strict implementation of the Republic Act 10654 that limits commercial fishing, Dennis Calvan, executive director of NGOs (non-governmental organizations) for Fisheries Reform Inc., said. 

Subic Bay International Container Terminal Corp. (SBITC), a unit of global port operator International Container Terminal Services Inc.(ICTSI), recently received and commissioned three new reach stackers and 16 new Kalmar Ottawa terminal tractors. 

By Riza Lozada The Philippine Exporters Confederation Inc. (Philexport) sought from the Philippine National Police (PNP) clear rules on the securing of permits for the importation and distribution of regulated chemicals. 

The Market Monitor salutes the contributions to the Philippines industrial landscape, of one of the pillars of the construction industry – the late Felipe F. Cruz Jr., who, unknown to many, subscribed to the wisdom of Abraham Lincoln. 

By Jerry Maglunog The power sector and infrastructure remain the most promising investment destination in the country because of the huge backlog in power and the continuing increase in population. 

By Riza Lozada The government and the mining industry were encouraged to adopt international standards in revenue-sharing on mining operations to avoid the prevalence of disputes among players in the local mining industry.

The National Food Authority (NFA) approved on September 17 the awarding of contract for the supply of 750,000 metric tons (MT) of long-grain white rice 25 percent brokens to Thailand and Vietnam, based on the results of the government-to-government procurement.

The country’s foreign debt reached $75 billion at the end of the second quarter of this year, $3.6 billion lower than $78.6 billion during the same quarter last year, Bangko Sentral ng Pilipinas (BSP) data showed.