Business & Economy

PH largest solar farm up in Batangas

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A sea of metalloid panels as far as the eye can see gleams in the sun in a 160-hectare farm traversing a rolling terrain near the foot of Mount San Piro in Batangas province.

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Trade groups seek repeal of SEC rulings

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Local business groups have urged the suspension or repeal of four regulatory issuances made by the Securities and Exchange Commission (SEC) as these were seen derailing the competitiveness of Philippine industries and companies, particularly the micro, small and medium sized enterprises (MSMEs).

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China manufacturing activity shrinks at fastest in 4 years - govt

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BEIJING, China – Manufacturing activity in China shrank at its fastest rate in four years in February, government data showed Tuesday, March 1, a fresh sign of sustained weakness in the world’s second-largest economy.

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US seeking stronger trade ties with Asean

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RANCHO MIRAGE, California -- US President Barack Obama on Tuesday, Feb. 16, sought stronger economic ties with Southeast Asian nations and called on members of the regional bloc to improve entrepreneurship and innovation to bring about inclusive economic growth.

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World Bank names new exec for PH

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The World Bank recently announced the appointment of Mara K. Warwick as its new country director in the Philippines, effective March 1, 2016.

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Plans readied to absorb returning OFWs

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Philippine corporations are seeking ways to help the country create new job opportunities for some 1.5 million overseas Filipino workers (OFWs) who are at risk of being displaced out of the Middle East, which is reeling from a prolonged downturn in oil prices.

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Village rice farms shift to calamansi

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CONCEPCION, Tarlac -- Rice farmers of an agricultural village here have shifted to planting calamansi to beat the changing weather pattern.

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Airbus wins $1.85 billion order from Philippine Airlines

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SINGAPORE -- European plane-maker Airbus said on Wednesday, Feb. 17, it had won a $1.85 billion deal for the purchase of six A350-900s by Philippine Airlines (PAL).

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Big Japan firm eyes P171-B rail project

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Japan’s Hitachi Ltd. is considering making a big infrastructure play in the Philippines via railway public-private partnership (PPP) project like the P171-billion North South Commuter railway deal, where it will also need local partners, a company official said Friday.

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Japan firms see market growth

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The Philippines climbed to eighth place among the most “promising” countries where Japanese manufacturers, including automotive assemblers, might expand in the next three years on the back of a growing economy and expanding market, the latest survey of the Japan Bank for International Cooperation (JBIC) showed.

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