News

‘Adapting to change’ key to survival in pandemic

Editor’s Note: Manuel V. Pangilinan shared his insights on crisis leadership to members of the Penn-Wharton Club of the Philippines on June 25, 2020. He spoke about how the MVP Group of Companies responded to the pandemic and its impact on their businesses. Pangilinan, who heads telecom giant PLDT, infrastructure conglomerate Metro Pacific Investments Corp., […]

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‘Economy on way to recovery’

MANILA, Philippines — The economy is starting to recover but remains in a fragile state as shown by recent indicators, the National Economic and Development Authority (NEDA) said. In a press briefing, acting Socioeconomic Planning Secretary Karl Chua said the slower decline in trade performance, the softer decline in manufacturing output, as well as the […]

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Infrastructure program to create 1M jobs

Acting Socio-economic Planning Secretary Karl Kendrick T. Chua said the flagship “Build, Build, Build” program has the potential to create around one million jobs once construction returns to full operations following the lockdown. “On the ‘Build, Build, Build” program, in general, what we see here is every P1 million spent on the infrastructure program, we […]

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SEC approves first ever listing of a REIT company

Property giant Ayala Land Inc. has obtained approval from the Securities and Exchange Commission (SEC) to bring to public hands the country’s very first real estate investment trust (REIT) that will raise as much as P15.1 billion in fresh capital for more local real estate ventures. In its July 9 meeting, the SEC en banc […]

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