Bloombury breaks ground for US$ 577 million hotel complex
MANILA,
July 30 (PNA) - Bloombury Investments Holdings, Inc. recently broke
ground to start the development of an 8.3-hectare, world class
integrated resort complex at the Bagong Nayong Pilipino–Entertainment
City Manila, an investment amounting to US$ 577 million.
[ Read More ]
LR releases software for developing safer container vessel design
MANILA,
July 30 (PNA) -- Ship classification society Lloyd’s Register (LR)
announced that it has developed and released new container-securing
rules and software to provide a robust framework for safer, more
effective modern vessel designs.
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BOI approves Kenrich housing project in Cebu
MANILA,
July 30 (PNA) -- The Board of Investments (BOI) recently approved the
application of Kenrich Development Corp. for its housing project in
Tungkil, Minglanila, Cebu.
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BOI approves garments exporter
MANILA,
July 30 (PNA) -- The Board of Investments (BOI) recently approved the
application of TTC Garments, Inc. as an expanding garments manufacturer
that will export 70 percent of its production.
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StateMotor Corp. invests P371M
MANILA,
July 30 (PNA) -- StateMotor Corporation has proposed to invest P371
million for the assembly of commercial vehicles and parts manufacturing
in the country. [ Read More ]
BSP survey shows improved business outlook in Visayas in Q2
CEBU
CITY, July 30 (PNA) - A survey by the Bangko Sentral ng Pilipinas (BSP)
showed business outlook in the Visayas, especially Region 7, improved in
the second quarter of 2010, at the height of the election season.
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First business week rakes over P.5M in Tacurong City
COTABATO
CITY, July 30 (PNA) – The 1st Tacurong City Business Week celebration
with entrepreneurs actively participating has raked P511,898 in sales,
trade and industry officials said.
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DOF eyes tweaking of REIT implementing rules
MANILA,
July 30 (PNA) – Finance Secretary Cesar Purisima on Tuesday disclosed
the possible “tweak” in the implementing rules of the Real Estate
Investment Trust (REIT) act to counter revenues loss from this law.
[ Read More ]
BSP plant capable of printing more than 1B money bills at any given time
MANILA,
July 30 (PNA) - The Security Printing Plant complex of the Bangko
Sentral ng Pilipinas in Quezon City is perfectly capable of meeting the
printing and minting requirements of the economy no matter that it
sometimes resorts to outsourcing a portion of the demand to foreign
entities like De La Rue PLC.
[ Read More ]
Meralco eyes 600MW capacity expansion
MANILA, July 30 (PNA)--Distribution giant
Manila Electric Company (Meralco) plans to expand its power projects in
Luzon by 600 megawatts from 2011 to 2013.
[ Read More ]