China’s BYD in talks with Philippines for EV plant
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The Philippines, Vietnam and Indonesia are competing to host an electric-vehicle assembly plant for BYD Co., the world’s second-largest maker of EVs,…
JPMorgan should reveal more about CEO Dimon’s role in Epstein accounts -US Virgin Islands
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REUTERS NEW YORK – JPMorgan Chase & Co. should disclose more about Chief Executive Jamie Dimon’s role in business decisions related to Jeffrey Epstein, the US Virgin Islands said in its lawsuit accusing the bank of aiding…
Biden nominates former Mastercard CEO Ajay Banga to head World Bank
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REUTERS WASHINGTON – US President Joe Biden nominated former Mastercard Inc. CEO Ajay Banga to lead the World Bank, betting the India-born executive’s ties to the private sector and emerging markets will jump-start the 77-year-old…
Converge supports ASEAN ICT chiefs’ push for digital inclusion, transformation
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Leading fiber broadband provider Converge ICT Solutions, Inc. (PSE: CNVRG) supports the push of ICT ministers in the ASEAN region for continued…
Good governance recognition, a win for AboitizPower efforts in transforming energy for a better world
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THE GOLDEN ARROWS. Aboitiz Group receives three plaques of recognition from the ACGS Golden Arrow Awards. Photo shows VP for Corporate Affairs…
Net ‘hot money’ inflows surge in Jan.
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More “hot money” entered the Philippines in January, central bank data showed. — REUTERS By Keisha B. Ta-asan, Reporter MORE FOREIGN CAPITAL…
NEDA eyes 3,700 projects worth P15T
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National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan — PHILIPPINE STAR/ KRIZ JOHN ROSALES By Luisa Maria Jacinta C. Jocson,…
BoI hikes investment target to P1.5 trillion
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The Board of Investments expects to register P1.5 trillion worth of investments this year. — PHILIPPINE STAR/MICHAEL VARCAS THE BOARD of Investments…
Balance of payments deficit seen to narrow this year
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THE PHILIPPINES’ balance of payments (BoP) deficit could narrow this year amid slower domestic demand and easing imports growth, ANZ Research said….
PetroWind secures P1.8-B loan for wind farm
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YUCHENGCO-led PetroEnergy Resources Corp. through its unit has secured a P1.8-billion loan from a state-led bank for the construction of its 13.2-megawatt…