MANILA, Philippines — The country must leverage the reciprocal tariffs of the US to secure a trade deal that would expand Filipino farmers’ market access to the world’s biggest economy while allowing the entry of more food items that are not grown locally to boost food security, analysts said. V. Bruce Tolentino, a former agriculture undersecretary and former member of the Mon...
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MANILA, Philippines — Aboitiz Equity Ventures Inc. (AEV) will raise its capital expenditure this year by 37 percent mostly to expand its power segment, its main income driver, while developing its other businesses. The conglomerate on Monday said it had earmarked P104.6 billion in capital outlays, P78.1 billion of which would go to Aboitiz Power Corp. Last year, the segment contributed...
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NEW LIFE A new and improved Laguindingan International Airport in Misamis Oriental is coming up soon, courtesy of the Aboitiz Group. —PHOTO FROM FACEBOOK OF CAAP AREA X MANILA, Philippines — The Laguindingan and Bohol airports are to be turned over to the Aboitiz Group in the first half, allowing the new operator to expand the passenger capacity of the gateways to popu...
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Two decades on the PSE: SM Investments’ vision for the future BY Chino S. Leyco Mar 23, 2025 08:13 AM Two decades after listing on the Philippine Stock Exchange (PSE), SM Investments Corporation (SM Investments) is increasing its focus on its core retail, banking, and property sectors while aiming for regional market expansion and inclusive growth. SM Investments P...
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DAVAO CITY – Mindanao’s real estate sector is experiencing significant growth, driven by infrastructure development and urban expansion, the Mindanao Development Authority (MinDA) reported Monday. MinDA Secretary Leo Tereso Magno said demand for residential and commercial properties has reached unprecedented levels amid increasing business activities in the region, particularly...
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BPO Industry's Surge Fuels Office Space Demand in the Philippines The Business Process Outsourcing (BPO) sector continues to be a significant driver of economic growth in the Philippines, with its expansion markedly influencing the demand for office spaces across the nation. Current Trends in Office Space Demand In 2023, the Philippine office space market experienced substantial growt...
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