The Semiconductor and Electronics Industries in the Philippines, Inc stated on October 9 that it expects to earn $32bn this year, up from last year's total of $29.6bn.
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Economic Update | Charged Up Exports
22 Jul 2010
Economic Update | Real Estate on the Rise
22 Jul 2010
The real estate industry, which posted growth of 30% in the first quarter of 2007, is the fastest-growing sector in the Philippines, according to the National Statistical Co-ordination Board.
Economic Update | Room for Improvement
22 Jul 2010
The Philippines' global ranking in terms of the ease of doing business tumbled even further this year, according to a recent International Finance Corporation study.
Economic Update | Power Price Cut
22 Jul 2010
Manila Electric Co and the National Power Corporation have agreed to put a price ceiling on generation charges. As a result, companies located in economic zones will receive lower power rates.
Economic Update | Tax Holidays May Be Numbered
22 Jul 2010
The International Finance Corp recently recommended the government withdraw the income tax holiday incentive enjoyed by some businesses.
Economic Update | Taking Stock
22 Jul 2010
The saga of Borse Dubai's campaign to gain control of the Nordic stock exchange operator OMX took another twist this month, with claims it may have breached Sweden's strict financial regulations in...