The Philippine National Oil Company announced on November 21 that Red Vulcan Holdings was the top bidder for the government's remaining 60% share of the geothermal energy producer, PNOC-Energy...
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Economic Update | Geothermal Sale
22 Jul 2010
Economic Update | Motor Vehicle Limits
22 Jul 2010
This month the supreme court made a final ruling upholding its decision to prohibit the importation of used motor vehicles.
Economic Update | Biodiesel Sources
22 Jul 2010
Demand for biodiesel in the Philippines is on the rise since a regulation requiring that a proportion of the environmentally friendly product be blended into the country's fuel supply came into...
Economic Update | More Competitive
22 Jul 2010
Up four spots from last year, the Philippines ranked 71st this year in the World Economic Forum's annual Global Competitiveness Index, released on November 1.
Economic Update | Attracting Tourists
22 Jul 2010
Two major investment projects are underway to attract visitors to the Philippines. A massive aquarium and adjoining commercial establishments as well as a a Las Vegas-style gaming and entertainment...
Economic Update | Remittances Record
22 Jul 2010
Remittances from Filipinos working overseas reached $9.3bn in the first eight months of this year, a year-on-year increase of 15.3%.
