THE Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) is urging the government to review the incentives rationalization, which it said is putting the industry at a disadvantage. At a webinar on Wednesday, Seipi President Danilo Lachica pointed out that he earlier proposed to former Finance Secretary Carlos…
THE cancellation of three massive railway projects due to a financial tussle between the governments of the Philippines and China may prove to be both good news and bad news for commuters and the economy. Experts interviewed by the BusinessMirror gave mixed responses, with one camp saying that the Philippines…
Beijing-led Export-Import Bank of China (CEXIM) indicated higher returns to bankroll the Duterte administration’s three big-ticket railways projects, former Finance Secretary Carlos G. Dominguez III said.
Dominguez, who served as former President Duterte’s chief economic manager, explained that t
Philippine Ambassador to the US Jose Manuel Romualdez said the Marcos administration should adopt a “very aggressive” investment drive to the US as more American companies are starting to diversify from China to the ASEAN region. Romualdez emphasized the need for heightened investment drive in the
The Marcos administration will revive and enhance the public-private partnership (PPP) program, with an initial plan of offering the management and operations of some airports to non-government enterprises. Socioeconomic Planning Secretary Arsenio M. Balisacan said they will bring back the PPP sche