| |
|
|
 |
 |
|
Investments in ecozones soar 201% to P69 billion
The Philippine Economic Zone Authority (PEZA) scored another triple growth achievement in its performance in investments, exports and employment generation propelled by the influx of new capital infusion from foreign suppliers and IT related services.
Asia urged to spend FX hoard on infras
SINGAPORE (AP) — Asia should use some of the US$ 3 trillion lying idle in foreign exchange coffers for sorely needed infrastructure projects that are crucial for the region’s development, a senior Asian Development Bank official said Monday.
Toyota Fin’l ups capital to P500 M
Auto financing and leasing company Toyota Financial Services Philippines Corporation (TFSPH) has increased its capital by P500 million in a bid to strengthen its position in the growing car financing market.
Cement imports to hurt local industry
The lifting of the 3-5 percent tariffs on imported cement is expected to usher in cheap imports, closure of local cement manufacturing companies, government’s potential loss of R6 billion in annual taxes and jeopardize the livelihood of 120,000 industry workers.
P/$ rate closes at P46.075/$ 1
The peso exchange rate closed slightly lower at P46.075 to the US dollar yesterday at the Philippine Dealing & Exchange Corp., (PDEx) from P46.06 last Friday. The weighted average rate depreciated to P46.105 from P46.10. Total volume amounted to 7 million.
|
|
|
 |
|
