The service sector will take center stage in the three-day 31st Philippine Business Conference (PBC) that will start tomorrow at the historic Manila Hotel.
|
 |
At least six investment leads on health and wellness including the world’s leading Apollo Group of Hospitals and Louisiana-based St. Frances Cabrini Hospital are being pursued by the Board of Investments (BoI) as part of the government’s effort to develop and promote the Philippines as a health and wellness destination in Asia.
|
|
The country’s net foreign direct investments flow increased 107 percent to $499 million as of July from $241 million the year before, the central bank said.
|
|
At least 124 distribution utilities and 33 industrial customers that availed of the time-of-use (TOU) pricing offered by the state-owned National Power Corporation (NPC) registered aggregate savings of P754 million in their electricity bills.
|
|
With majority of the members of the Joint Congressional Power Commission (JCPC) having thumbed down the first two privatization schemes already presented by the Philippine National Oil Company-Energy Development Corporation (PNOC-EDC), energy officials have been strongly advised to work on a third scheme that would clear up all issues and concerns raised by the oversight congressional body.
|
|
Total gross assets of the nine overseas banking units or OBUs in the country amounted to $1.291 billion as of June, up 59.8 percent from $807.74 million previously.
|
|
The peso rate closed at P55.805 to the US dollar last Friday at the Philippine Dealing System of the Bankers Association of the Philippines. The weighted average rate stands at P55.858.
|
|
|
