investment
ARTICLE FINDER

[OPINION] Why democracy's not a constraint to infrastructure, development

Nov 22, 2017 - 8:20 AM

In authoritarian regimes, infrastructure projects are subject to large commissions, bribes, and kickbacks, and this often compromises their quantity and quality

Rubbing elbows with ASEAN business giants? Here's the price

Nov 15, 2017 - 3:36 PM

On the sidelines of the 31st ASEAN Summit in Manila, some of the region's most prominent businessmen get the chance to meet and network together

SEA OF ATTENDEES. Photo by Chrisee Dela Paz/Rappler

Sy, Zobel still in, Aboitiz out of Forbes' list of Asia's richest families

Nov 15, 2017 - 2:09 PM

Two prominent Filipino clans are included in the magazine's annual list of the 50 wealthiest business dynasties in the region

BILLION-DOLLAR CLAN. Sy and Zobel de Ayala families are Philippines' two richest clans. Photos from Ayala's and SM Investments's official website

India's Modi hails the Philippines as 'services powerhouse'

Nov 14, 2017 - 9:10 PM

The Philippines challenges India's dominance as the top business process outsourcing destination in the world

INDIA'S ACT EAST POLICY. Prime Minister Narendra Modi pitches India to business leaders at the ASEAN Business and Investment Summit as part of his Act East Policy. Photo from RTVM feed

MSMEs must benefit from free trade, Robredo tells ASEAN businessmen

Nov 14, 2017 - 7:20 PM

Vice President Leni Robredo says technology is a 'wild card' that both rich and poor countries must learn to decode to help small-scale entrepreneurs

INCLUSIVE GROWTH. Vice President Leni Robredo speaks at the ASEAN Business and Investment Summit on November 14. Photo by Angie de Silva/Rappler

Pangilinan still optimistic over oil hunt in West Philippine Sea

Nov 14, 2017 - 6:15 PM

As ASEAN countries and China prepare to craft a Code of Conduct, Filipino tycoon Manuel Pangilinan is hopeful potential oil and gas reserves in the disputed waters can eventually be tapped

HOPEFUL. 'We are quite optimistic that something could happen, but that is entirely beyond our control,' PXP Energy chief Manuel Pangilinan says. Photo by Angie de Silva/Rappler

HIGHLIGHTS: ASEAN Business and Investment Summit 2017, November 14

Nov 14, 2017 - 4:00 PM

Watch the highlights of the ASEAN Business and Investment Summit

PH, Russia mull Northern Luzon railway corridor, new direct flights

Nov 14, 2017 - 3:40 PM

The two countries are exploring direct flights between their capitals and development assistance for the Philippines' Northern railway corridor

BILATERAL TALKS. Transportation Secretary Arthur Tugade and Russian Minister for Transport Maksim Sokolov discuss possible areas of cooperation. Photos from Department of Transportation

Japan reaches out to ASEAN startups

Nov 13, 2017 - 10:20 PM

Following China's lead, Japan is starting to aggressively invest in startups in Southeast Asia, creating opportunities mainly for firms focused on the Internet of Things and healthcare

Democracy, infrastructure development not a good mix – Razon

Nov 13, 2017 - 9:35 PM

Enrique Razon Jr says 'countries with the best infrastructure in the world are dictatorships'; Jaime Augusto Zobel de Ayala says he won't go that route

In ASEAN business summit, Razon asks PH to 'just get things done'

Nov 13, 2017 - 6:00 PM

The port magnate and casino operator says the Philippines can achieve larger economic gains than its neighbors by improving its infrastructure

FOCUS ON OWN. 'Once and for all, we (the Philippines) really have to focus and invest in our own infrastructure,' tycoon Enrique Razon Jr says. Photo by Adrian Portugal/Rappler

$60 billion a year needed to address ASEAN infrastructure gap – ADB

Nov 13, 2017 - 3:25 PM

To fill the region's massive infrastructure gap, some businessmen recommend the public-private partnership (PPP) route

INFRA GAP. Citing an ADB study, ADB's Diwakar Gupta saya a 10% increase in energy distribution would mean 7% increase in exports; while a 10% increase in trasnportation leads to 2% increase in exports. Photo by Adrian Portugal/Rappler

HIGHLIGHTS: ASEAN Business and Investment Summit 2017, November 13

Nov 13, 2017 - 10:55 AM

Watch the highlights of the ASEAN Business & Investment Summit

Philippines aims to identify 300 new eco zones in January 2018

Nov 12, 2017 - 11:30 PM

These would include mega economic zones, spanning 1,000 to 4,000 hectares

ECO ZONES. Location of some of the Philippines' economic zones, according to PEZA. Image grabbed from PEZA website

Over 140 business leaders to mentor ASEAN's micro, small entrepreneurs

Nov 12, 2017 - 8:45 PM

Under the ASEAN Mentorship for Entrepreneurs Network (AMEN), the entrepreneurs will be given knowledge and tools to penetrate global value chains

ASEAN MENTORS. After the forum, some of the over 140 mentors huddled to discuss the implementation of the program. Screenshot from Facebook live

HIGHLIGHTS: ASEAN Business and Investment Summit 2017, November 12

Nov 12, 2017 - 7:25 PM

Watch the highlights of the ASEAN Mentorship for Entrepreneurs Network launch

Suu Kyi pushes for more women in top business roles

Nov 12, 2017 - 7:00 PM

(UPDATED) But critics call Myanmar's de facto leader a hypocrite, amid sordid accounts of Rohingya women being raped in Myanmar

WHO RUN THE WORLD? Myanmar State Counsellor Aung San Suu Kyi tells business leaders at the ASEAN Summit that women should be given more decision-making roles. Photo by Angie De Silva/Rappler

[ANALYSIS] ASEAN likes, but also fears, China's economic weight

Nov 12, 2017 - 9:30 AM

Recent analyses make the case for why ASEAN's 10 member countries need to work on deepening trade and investment ties among themselves

SM Investments' income up on strong core businesses

Nov 08, 2017 - 7:25 PM

The listed conglomerate of the Philippines' richest man, Henry Sy Sr, benefits from growth in its property and retail units

VIBRANT GROWTH. 'Our solid 3rd quarter results benefitted from vibrant growth in our property and retail businesses,' SM president Frederic DyBuncio says. Photo by Rob Reyes/Rappler

Metro Pacific eyes more toll roads, water projects in ASEAN countries

Nov 08, 2017 - 6:15 PM

For Indonesia alone, Metro Pacific CEO Jose Maria Lim says his firm is exploring dozens of toll road concession deals

New list of investment areas off-limits to foreigners now on Duterte's desk

Nov 07, 2017 - 8:30 PM

This list – shortened compared to the previous one – is seen to boost foreign direct investments flowing into the Philippines

OPENING UP. The new list is now on President Rodrigo Duterte's desk. Business groups have pointed out that lifting some restrictions on foreign ownership would drive up foreign investment in the country. Presidential photo by Karl Alonzo

SM Prime income surges 16% on steady mall rental, residential sales

Nov 06, 2017 - 9:35 PM

SM Prime attributes revenue growth to higher rental revenues, steady improvement in same-mall-sales, and higher contribution from residential sales

65TH. SM Center Tuguegarao Downtown is the Sy family's 65th mall in the Philippines. Photo by Raymon Dullana/Rappler

Metro Pacific tollways unit expands presence in Indonesia

Nov 06, 2017 - 8:40 PM

For $132 million, the toll road arm of Metro Pacific Investments Corporation raises its stake in Indonesian infrastructure holding company PT Nusantara

Leaks show U.S. commerce chief, UK queen's offshore investments

Nov 06, 2017 - 6:47 AM

The findings emerge as part of the Paradise Papers released by the US-based International Consortium of Investigative Journalists (ICIJ), which was behind the 2015 Panama Papers

In this file photo, Britain's Queen Elizabeth II delivers the Queen's Speech during the State Opening of Parliament in the Houses of Parliament in London on June 21, 2017. Carl Court/Pool/AFP

Dela Rosa on Undas, Japan invests in PH, Trump aides charged | Evening wRap

Oct 31, 2017 - 8:25 PM

Watch the evening newscast with Mara Cepeda

Family sells everything they own for bitcoin

Oct 20, 2017 - 11:28 AM

This Dutch family is betting on the virtual currency, believing 1 bitcoin will be worth nearly $30,000 by 2020

BETTING BIG. The Dutch family has been traveling across the globe after trading in most of their assets for bitcoin. Photo from Didi Taihuttu/Instagram


[OPINION] The real score on foreign investments in the time of Duterte

Oct 14, 2017 - 5:00 PM

The latest FDI figures – alongside signs of weaker business confidence, lower growth forecasts, and declining competitiveness – seem to presage a brewing storm in the Philippine business climate

BSP still expects 2017 FDIs to be near 2016 level

Oct 12, 2017 - 7:45 PM

The Bangko Sentral ng Pilipinas sees this year's foreign direct investments hitting close to the $8 billion posted last year, noting that push and pull investment factors remain

SEC warns public against investing in Pluggle

Oct 12, 2017 - 5:50 PM

(UPDATED) While Pluggle is registered with the Securities and Exchange Commission, it is not authorized to solicit investments

UNAUTHORIZED TRADES. While Pluggle is registered with the commission, SEC says it is not authorized to solicit investments from the public because it has not secured a license permit yet. Screenshot from Facebook page of Pluggle Inc

#ThewRap: Things you need to know, October 11, 2017

Oct 11, 2017 - 12:46 PM

Hello! Here's a roundup of news you need to know this Wednesday.

Comelec chairman Andres Buatista is emotional as employees of the agency show their support during the weekly flag raising ceremony at the Comelec main office in Manila on August 14, 2017. Photo by Ben Nabong/Rappler

Foreign direct investments in PH drop to one-year low in July

Oct 10, 2017 - 6:40 PM

(UPDATED) Despite the drop, the economic team of President Rodrigo Duterte says foreign investors remain confident to do business in the Philippines

Metro Pacific to ink deal with Leighton for CALAX

Oct 08, 2017 - 11:45 PM

Under a contract worth about P7.3 billion, Leighton will build the Cavite side of the Cavite-Laguna Expressway (CALAX)

CALAX. The tollways arm of Metro Pacific Investments Corporation (MPIC) is spending P153 billion until the first quarter of 2018 to start building highways and toll roads around the Philippines that will make up for the country's national infrastructure. Photo from MPIC website

Philippines’ lone Islamic bank seeks P2 billion fresh capital to book profit

Oct 04, 2017 - 4:34 PM

Al Alamanah Islamic Investment Bank of the Philippines has been reporting net losses for the past few years, and to reverse that it awaits Congress to approve the amendment of its Charter, according to Alex Bangcola, the bank’s chairman and chief executive officer

ALEX BANCOLA. Photo of Alex Bancola from http://www.amanahbank.gov.ph/

How OFWs can avoid getting buried in debt

Oct 03, 2017 - 7:49 PM

For migrant workers, failing to pay off loans can mean jail time and loss of income

Qatar wants to invest in PH via Islamic bonds

Oct 03, 2017 - 6:45 PM

The Qatar Investment Authority has at least $320 billion worth of excess funds which may be used for energy projects in the Philippines and Southeast Asia

ALEX BANCOLA. Photo of Alex Bancola from http://www.amanahbank.gov.ph/

Metro Pacific group eyes P20 billion for MRT3 takeover

Oct 02, 2017 - 6:20 PM

This would be P7.5 billion higher than its initial investment projection to take over and rehabilitate the Philippines' most congested mass transit railway

NEW OPERATOR SOON? Once the Metro Pacific group hurdles the Swiss challenge, it expects to take over the operations, maintenance, and rehabilitation of the MRT3 by early 2018. File photo by JR Belardo/Rappler

WB, AIIB commit P21 billion to manage Metro Manila floods

Sep 30, 2017 - 7:10 PM

This comes as the Metro Manila Flood Management Master Plan is expected to be fully implemented in 25 years

Competition policy enforcement in the digital age

Sep 30, 2017 - 11:26 AM

The decisions to be made by the Philippine Competition Commission in coming months, as it fully implements the Philippine Competition Act, will set the tone for competition regulation in Philippine markets

Singson leaves Light Rail Manila, moves to Meralco

Sep 25, 2017 - 5:15 PM

A source privy to the matter says Primitivo Cal is set to replace Singson as the president and chief executive officer of Light Rail Manila

NEW MPIC APPOINTMENT. Rogelio Singson (R) says he will now be engaged in 'new business models like solar, renewable power generators, electric vehicles, and electric mass transport system.' In the photo are Singson and Metro Pacific boss Manuel Pangilinan (L). Photo by Martin San Diego/Rappler

After 2GO, SM group not looking to buy other logistics firms

Sep 20, 2017 - 7:45 PM

The president of SM Investments Corporation says their plate is 'full' when it comes to the logistics sector

PLATE IS FULL. 'No. At this time, we are fairly new in 2GO. We believe there is a lot of growth opportunities in 2GO,' SMIC chief Frederic DyBuncio replies when asked if SM is interested in other logistics firms. Photo by Rob Reyes/Rappler

After a decade, construction of MRT-LRT Common Station to begin in September

Sep 19, 2017 - 9:10 PM

The coveted project has seen 3 transportation secretaries come and go. Finally, the construction will start on September 29.

PIFA holds mutual funds conference this month

Sep 19, 2017 - 11:12 AM

The Philippine Investment Funds Association is optimistic about the Philippine GDP's growth momentum for 2017. Learn how to tap into this by attending the Mutual Funds Conference on September 23

Pangilinan-Ayala group poised to bag MRT3 original proponent status

Sep 18, 2017 - 7:00 PM

Other private groups will be able to submit competing offers under a Swiss challenge, while the original proponent, the Pangilinan-Ayala group, would be given the right to match them

HURDLES. Once the Pangilinan-Ayala group is given the original proponent status and hurdled the Swiss challenge, it expects to take over the operations, maintenance, and rehabilitation of MRT3 by early 2018. Photo by Martin San Diego/Rappler

PH to add more sectors allowing 100% foreign ownership

Sep 14, 2017 - 10:15 PM

I want to be more aggressive and to be at par with other ASEAN countries says Socioeconomic Planning Secretary Ernesto Pernia

MORE AGGRESSIVE. 'I want a more aggressive liberalization. The draft list is too puny in terms of changes. I want to be more aggressive and to be at par with other ASEAN countries,' Socioeconomic Planning Secretary Ernesto Pernia says. File photo

August net outflows hit $58M as ghost month begins

Sep 14, 2017 - 8:40 PM

Tensions between the US and North Korea mixed Q2 corporate results and political developments also contribute to investor hesitancy according to the Bangko Sentral ng Pilipinas

SM Prime to open mall in Puerto Princesa, Palawan

Sep 13, 2017 - 4:50 PM

Once the mall opens on Friday September 15 it will be competing with Robinsons Place Palawan Chinatown Center Palawan NCCC Mall and LRC 908 Market Mall

ITS FIRST. SM City Puerto Princesa will have 3 levels of retail and dining floors, a supermarket, 3 158-seater SM digital cinemas, and two 48-seater Director's Club cinemas. File photo Rappler

DBP open to unload MRT3 interests

Sep 12, 2017 - 3:15 PM

A new owner and operator for Metro Rail Transit Line 3 MRT3 is in the books of the Philippine government This is to give the railway proper upgrade and maintenance

COMMUTERS' ORDEAL. During rush hour, MRT3 passengers endure long lines and jampacked trains. Rappler file photo

Mindanao construction boom to pull migrants back from Manila

Sep 05, 2017 - 9:38 PM

There is a shortage of manpower given the demands of the growing number of construction and development projects on the island

Pangilinan-Ayala group eyes MRT3 takeover by early 2018

Aug 31, 2017 - 8:25 PM

The group hopes to operate maintain and rehabilitate the Metro Rail Transit Line 3 for 32 years Will its unsolicited proposal be approved?

NEW OPERATOR SOON? MRT3 is currently being maintained by Korean-Filipino firm Busan Universal Rail Incorporated (BURI), while the system's rail replacement is being handled by the government. MRT Corporation owns the system. Photo from the Metrostar Express website

PSE buys IHAP's stake in PDS Holdings

Aug 29, 2017 - 4:37 PM

The acquisition is part of the planned unification of equities and fixed income exchange

PDS MERGER. Under the share purchase agreement, PSE will buy IHAP’s 0.5831% interest in PDS Holdings. This will boost PSE's stake in the operator of the country's fixed income exchange to 53.36%. File photo