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January 30, 2012

Foreign investors offer bright outlook for economy

January 30, 2012

Foreign investors offer bright outlook for economy

Source: Sun Star, 28 January 2012 By Sunnex FOREIGN businessmen said the Philippines may post an economic growth of as high as six percent this year if the government will improve its spending programs, corner higher overseas capital, and expedite implementation of private-led infrastructure projects. The Philippine economy, as measured by the gross domestic product... continue reading
January 25, 2012

Cebu Pac to borrow up to $160M to buy 4 aircraft

January 25, 2012

Cebu Pac to borrow up to $160M to buy 4 aircraft

Source: Malaya Business Insight, 25 January 2012   CLARK FREEPORT — Cebu Pacific Air (CEB), a subsidiary of JG Summit Holdings Inc., yesterday said it will borrow $150 million to $160 million this year to finance the acquisition of four new aircraft. In an interview at the CEB and CAE groundbreaking ceremonies of Philippine Academy... continue reading
January 24, 2012

Gokongwei Group eyes 4 airport projects

January 24, 2012

Gokongwei Group eyes 4 airport projects

Source: The Philippine Star, 24 January 2012 By Iris C. Gonzales MANILA, Philippines – The Gokongwei Group’s JG Summit Holdings Inc. said it is interested in four airport projects the government plans to bid out under its Public Private Partnership (PPP) program. In a chance interview with reporters, JG Summit president and chief operating officer Lance Gokongwei... continue reading
January 24, 2012

Better growth rate in 2012

January 24, 2012

Better growth rate in 2012

Source: Manila Bulletin, 24 January 2012 By Zoilo P. Dejaresco III MANILA, Philippines — Something is disturbing about RP’s GDP growth rates between 2007-2010 – they only display spunk during election years. Consider the record: during election years, they were 2007 (7.1%) and 2010 (7.3%) and only 2008 (3.7%) and 2009 (1.1%) in non-election years. Every... continue reading
January 24, 2012

Sawasdee, Madame Prime Minister

January 24, 2012

Sawasdee, Madame Prime Minister

Source: The Manila Times, 20 January 2012   Sawasdee, welcome to the Philippines. Thanks for visiting us, Honorable Prime Minister Khun Yingluck Shinawatra. Sawasdee, God bless and goodbye, Madame Prime Minister. The visit was only a six-hour affair. Despite its brevity, the bright and beauteous Khun Yingluck Shinawatra’s visit to our country was an event... continue reading
January 24, 2012

PM to help Thai firms keen on PPPs

January 24, 2012

PM to help Thai firms keen on PPPs

Source: Business Mirror, 19 January 2012 By Mia M. Gonzalez The Bangkok government will support Thai firms keen on participating in the Philippines’s Public-Private Partnership (PPP) program. This was the assurance given President Aquino by visiting Thai Prime Minister Yingluck Shinawatra when they met and talked on Thursday. The two leaders also agreed to expand... continue reading
January 20, 2012

Philippines, Thailand agree to strengthen economic ties

January 20, 2012

Philippines, Thailand agree to strengthen economic ties

Source: Business World, 19 January 2012 By Johanna D. Poblete THE PHILIPPINES and Thailand have committed to strengthening their economic relationship, including easing of trade and investment restrictions, in addition to exploring other areas of cooperation such as disaster risk reduction and mitigation, education and combating drug trafficking. President Benigno S.C. Aquino III had an expanded... continue reading
January 19, 2012

Aquino invites Thai companies to invest in PPP program

January 19, 2012

Aquino invites Thai companies to invest in PPP program

Source: Sun Star, 19 January 2012 By Jill Beltran/Sunnex PRESIDENT Benigno Aquino III took the opportunity to invite Thai companies to invest in government’s public-private partnership program during the visit of Thailand Prime Minister Yingluck Shinawatra in Malacanang Thursday. In his statement following a bilateral meeting with Thailand’s first-ever female leader, Aquino said both countries committed... continue reading
January 19, 2012

Two PPPs up for submission to NEDA board within weeks

January 19, 2012

Two PPPs up for submission to NEDA board within weeks

Source: Business World, 18 January 2012 By Eliza J. Diaz TWO PUBLIC-PRIVATE partnership (PPP) projects under the Health department are slated to move forward to the National Economic and Development Authority (NEDA) board in the next few weeks, an official said on the sidelines of a business matching forum yesterday. Invitations to bid for the Philippine... continue reading
January 17, 2012

Gov’t to fast-track infrastructure projects

January 17, 2012

Gov’t to fast-track infrastructure projects

Source: Philippine Star, 17 January 2012   MANILA (Xinhua) — The government of Philippine President Benigno Aquino III will fast-track, starting this month, infrastructure development throughout the country through massive release of public funds as well as through the public-private partnership (PPP) program with the participation of private investors both local and foreign. Early this... continue reading

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