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Removal of ownership cap seen to boost RE investments in PHL

Following the removal of foreign ownership cap on renewable energy (RE) investments, Senator Sherwin Gatchalian is upbeat more investors are coming in to boost the local RE industry. Gatchalian foresees investments in RE to “rise substantially” in the wake of the Department of Justice’s (DOJ) opinion affirming natural resources including… ....

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JTI expanding PH operation

Global tobacco company Japan Tobacco International (JTI) vowed to continue investing in the Philippines, including a substantial capital expenditure for next year, hiring of additional workers for its Global Business Service (GBS) center, and potential production of its heated e-cigarettes at its ma ....

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