RL Commercial REIT Inc., the real estate investment trust company backed by Robinsons Land Corp., has set its P26.6-billion initial public offering (IPO) in August.
Published May 27, 2021, 4:14 PM
Dubai
Port (DP World) is the latest investor from the Middle East to have joined the growing number of firms from the region that have been attracted to the
Philippines.
Philippine Economic Zone Authority (PEZA) Director General Charito B. Plaza announced the Dubai Port investment at the recent online briefing and testimonial for the Philippine Ambassador to the Kingdom of Saudi Arabia (KSA), H.E. Adnan Villaluna Alonto, together with his embassy officials in Riyadh: Atty. Rommel Romato, First Secretary & Consul General; Atty. Von Ryan Fererra, Third Secretary & Vice-Consul; and Abigail Pajarillo, Political and Economic Assistant.
PEZA Director General Charito B. Plaza
Published May 26, 2021, 5:08 PM
The Philippine Economic Zone Authority (PEZA) has tapped American firms, the agency’s third last largest foreign investor by nationality, in the promotion of investment opportunities in the country’s various economic zones.
PEZA Director-General Charito B. Plaza advanced her push for deepened collaboration during her attendance at the virtual General Membership Meeting (GMM) spearheaded by the American Chamber (AmCham) of Commerce of the Philippines
PEZA Director General Charito “Ching” Plaza
Plaza seeks to further strengthen ties with international investors. The monthly AmCham GMM is one platform for discussion among key public and private stakeholders thereby expanding their networks and collaborate with a wide range of industry leaders.
Lipa City, the Little Rome of the Philippines, has long been famous for its old-world charm and baroque churches. But in the last years, it has evolved into a progressive city backed by modern conveniences and technological advancements. For this reason, the Department of Information and Communications Technology included it in the top 10 Next Wave Cities not only once, nor twice, but thrice, in 2009, 2012 and 2016.
As enterprises set up shop in this rising business hub, it’s no surprise that professionals are trailing behind, ready to move out of the capital and into the promising city of Lipa. These are the factors that contributed to the city’s in-demand career and business hub:
BusinessWorld
May 25, 2021 | 8:27 pm
REUTERS
THE Philippine special envoy to the US is planning a public-private initiative to invite US companies to relocate to the Philippines from China.
The initiative will target manufacturing and assembly, logistics, and green energy companies.
“More than raising the level of discourse about this investment opportunity for our country, we will endeavor to chart an efficient roadmap for US companies seeking to do business in the country as guided by the Ease of Doing Business Act,” Special Envoy Jose E.B. Antonio said in a statement Tuesday.
The project will start with virtual conferences to discuss ease of doing business in the country, including reforms to business permit processing, the automation of transactions, and anti-corruption policies.