A more detailed study of the proposed gas pipeline that would link Malampaya to gas fields in Brunei Darussalam has been agreed by the two countries as discussions are progressing at the 8th Asean Council on Petroleum (ASCOPE).
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The International Monetary Fund (IMF) has lauded the government for the significant progress in implementing economic reforms.
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National Economic Development Authority Director Dennis Arroyo said the Philippines missed out on the export opportunities for the poultry sector, offered by its bird flu-free status.
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A soybean mission from the US is in the Philippines this week to explore possible supply agreements that promises to provide better sourcing alternative for the country’s one million metric ton (MT) yearly soybean import normally bought from Argentina.
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The recently-concluded oil and gas contracting round cornered firm interests from array of investors, according to the Department of Energy.
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SINGAPORE, Dec. 3 (XFN-ASIA) — Philippine-based JG Summit Holdings Inc. failed to receive enough valid acceptances for its mandatory cash offer to shareholders of Singapore’s United Industrial Corp. Ltd. (UIC), according to its financial adviser.
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The peso rate closed at P54.155 to the US dollar last Friday at the Philippine Dealing System of the Bankers Association of the Philippines. The weighted average rate stands at P54.222.
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