THE COMPANY: Ayala Land, Incorporated (ALI) is the real estate arm of Ayala Corporation, one of the Philippines’ biggest and oldest business conglomerates. With over eight decades of experience in real estate, ALI has earned a reputation as the country’s premier real estate developer. Its projects include...
THE COMPANY: Incorporated in 1998, Aboitiz Power (AP) operates as the power unit of the Aboitiz Group. AP, as a publicly listed firm, is considered to be one of the leading local players in the power industry, with interests in various privately owned power generation companies and distribution utilities...
China is one the Philippines’ most important trading partners. In 2012 it was number three in total bilateral trade, behind the US and Japan, but it became number two by July 2013 and was number one for imports to the Philippines by that time (up from number three). The trade relationship is certainly a vital one. Yet beyond the numbers, the...
Inclusiveness is one of the main priorities of Bangko Sentral ng Pilipinas (BSP). According to a survey published in 2012 by the central bank, eight out of 10 Filipino households have no bank account, and in early 2013 the Philippine National Statistical Coordination Board reported that the poverty rate stood almost unchanged from 2006, at 27.9%....
An archipelago of 7107 islands, the Republic of the Philippines lies south of Taiwan and east of Vietnam, and is bounded in the west by the South China Sea and in the south by the Sulu and Celebes Seas. With a complex history marked by successive waves of migration and periods of colonisation and occupation, the Philippines is home to a host of...
Foreign firms have objected to trade union proposals to raise the minimum wage, fearing this will cost the Philippines its competitive edge in a tough global investment climate. But unions say the changes are crucial as workers shoulder increasing utility costs. Citing inflation-based rises in the cost of essentials like electricity, water,...
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