MANILA, Philippines – Government-owned and controlled corporations remitted lower dividends to the national government in the first five months despite a recovery in May, according to the Bureau of the Treasury (BTr). Based on the latest Treasury data, state corporations remitted P18.64 billion in dividends from January to May, 32.83 percent lower than the P27.75 […]
Read MoreMANILA, Philippines – The Philippines may undertake future collaborations with the Thailand government to improve its agriculture sector. In a statement, the Philippine Carabao Center (PCC) said it was able to identify the areas it may collaborate on with Thailand, following its meeting with the Department of Livestock DevelopmentThailand. Among the areas of collaboration identified […]
Read MoreMANILA, Philippines – Investment pledges approved by the Philippine Economic Zone Authority (PEZA) nearly doubled in the first five months this year, fueled by the agency’s aggressive program to attract foreign investors, its director general Charito Plaza said. Plaza said PEZA approved P107.75 billion worth of investments from January to May, almost twice the P54.38 […]
Read MoreMANILA, Philippines – The Philippines targets a huge leap in its ranking in the “Doing Business” report of the World Bank in three years as it plans to start automating government processes. Trade Secretary and National Competitiveness Council (NCC) chair Ramon Lopez said the country aims to move up within the top 20 global rankings in […]
Read MorePhilips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including debt, in a deal agreed with the company’s boards. Philips , the Dutch medical equipment maker, said on Wednesday it will acquire U.S.-based Spectranetics Corp for 1.9 billion euros (US$2.16 billion), including […]
Read MoreTHE Contact Center Association of the Philippines (CCAP) said investment in the industry slowed in the first quarter of 2017, an official said on Tuesday. “First quarter of CCAP this year slows in terms of investments compared with the same period to last year. But we are still on track though there are still factors […]
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