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Tag: Philippines

Posted on February 21, 2025

Philippine vehicle sales grow 10% in January

New vehicle sales in the Philippines increased by over 10% to 37,604 units in January 2025 from 34,060 units a year earlier, according to member wholesale data released jointly by the Chamber of …
Posted on February 21, 2025

Grooming the Philippines as a professional services hub

With the global professional service market projected to have grown nearly 10 percent in 2023, professional services firm PricewaterhouseCoopers (PwC) opened another office in the country recently to …
Posted on February 20, 2025

Ayala Land Plans $1.3 Billion Debt, to Focus on High-End Homes

Ayala Land Inc. is looking at fresh borrowings of up to 75 billion pesos ($1.3 billion) this year as the Philippines’ top property developer plans to continue pushing expensive homes amid still …

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Posted on February 20, 2025

Tokyo Gas purchases 20% stake in Philippines offshore LNG terminal

Tokyo Gas has acquired a 20% stake in FGEN LNG, the owner and operator of an offshore floating liquefied natural gas (LNG) terminal in Batangas City, Southern Luzon Island, Republic of the Philippines …
Posted on February 20, 2025

Tokyo Gas purchases 20% stake in Philippines offshore LNG terminal

Tokyo Gas has acquired a 20% stake in FGEN LNG, the owner and operator of an offshore floating liquefied natural gas (LNG) terminal in Batangas City, Southern Luzon Island, Republic of the Philippines …
Posted on February 20, 2025

Saudi Aramco to acquire 25% stake in Unioil Petroleum Philippines

Saudi Arabia’s Aramco has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a statement late on Wednesday. The company, however, did not disclose …
Posted on February 20, 2025

Saudi Aramco to acquire 25% stake in Unioil Petroleum Philippines

Saudi Arabia’s Aramco has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a statement late on Wednesday. The company, however, did not disclose …
Posted on February 19, 2025

Philippines secures P1 billion EU grant to strengthen justice system

The Philippines has secured a P1-billion (€16.5-million) grant from the European Union (EU) to support reforms aimed at enhancing the Philippine justice system, according to Finance Secretary Ralph …
Posted on February 19, 2025

Aramco plans to enter Philippines retail market with agreement to acquire 25% stake in Unioil

Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 25% equity stake in Unioil Petroleum Philippines, one of the largest …
Posted on February 19, 2025

Philippines secures P1 billion EU grant to strengthen justice system

The Philippines has secured a P1-billion (€16.5-million) grant from the European Union (EU) to support reforms aimed at enhancing the Philippine justice system, according to Finance Secretary Ralph …

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