ECCP: PHL to attract ‘billions’ after easing investment caps

THE European Chamber of Commerce of the Philippines (ECCP) is expecting the Philippines to attract “billions” worth of investments after various industries were cleared to receive up to 100% foreign ownership. ECCP President Lars Wittig said at a launch of event in Makati City on Thursday that the group is expecting “billions of dollars” worth of […]

Broadhill Capital Announces its Capital Deployment Strategy for 2023

LOS ANGELES, CA, Jan 24, 2023 – (ACN Newswire via SEAPRWire.com) – Broadhill Capital announced today that the firm will target to commit equity investment of USD $15 Billion across approximately 100-150 businesses. “We expect to make non-control equity investments into businesses that have the potential to achieve 5-10x revenue growth with our capital commitment,” […]

Marcos gets pledges in Davos but investment analysts unimpressed

By Kyle Aristophere T. Atienza, Reporter PHILIPPINE President Ferdinand R. Marcos, Jr. has secured investment commitments from at least two foreign companies during his trip to Switzerland, according to the presidential palace. But investment analysts were unimpressed, saying these commitments were insignificant and could be had without a foreign trip. New York-based investment firm Morgan […]

Marcos to seek out potential infra, agri investors at Davos

PRESIDENT Ferdinand R. Marcos, Jr. said he will seek out potential partners for his agriculture and infrastructure development plans at the Davos conference in Switzerland. In his pre-departure speech, Mr. Marcos added that he will pitch potential locators on the Philippines’ readiness to receive multinationals seeking to expand their operations in Asia. “I will draw […]

DBP sees wealth fund role as provider of infra capital

THE Development Bank of the Philippines (DBP) views the proposed Maharlika Investment Fund (MIF) as a valuable source of long-term capital for developing infrastructure. In a statement, the bank’s President and Chief Executive Officer Emmanuel G. Herbosa said such investment will be critical for food, water, green energy, agro-industrial ventures, telecommunications, public infrastructure, and road […]

Cebu investment center gears up for more B2B, mentorship

WITH the extension of the Cebu Investment Development Concierge Center (CIDCC) project until June 2023, the Cebu Chamber of Commerce and Industry (CCCI) expects to facilitate more business-to-business matching and mentorship programs next year on the back of a recovering local economy. Jay Yuvallos, CCCI’s vice president for business development, said the extension will allow […]

JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group make new strategic investment in operational risk management firm Acin

LONDON, Dec 15, 2022 – (ACN Newswire via SEAPRWire.com) – Acin, the global operational risk control data network, today announced it has closed $24 million in Series B funding from a strategic consortium of industry-leading banks, comprised of JP Morgan, Citi, BNP Paribas, Barclays, and Lloyds Banking Group. The funding round was also supported by […]

International Cricketer Shikhar Dhawan announces $75M Global Investment Sports Tech Fund

ABU DHABI, UAE, Dec 13, 2022 – (ACN Newswire via SEAPRWire.com) – On day one of the prestigious Abu Dhabi Finance Week (ADFW), leading international cricketer and entrepreneur Shikhar Dhawan announced that he would be launching a $75 million Global Investment Sports Tech Fund, consisting of a Greenshoe option of $25 million. The proposition is […]

LABSHIGH Disrupts the NFT Industry with the Launch of NFTMOA – the World’s Leading NFT Integrated Search Platform

NFTMOA of LABSHIGH, a user-friendly online marketplace, officially launches the first-of-its-kind NFT integrated search platform and take extra steps to serve as real estate NFT investment service platform. Seoul, Korea, December 08, 2022 – (SEAPRWire) – It is looking like the dawn of a new beginning in the NFT world with the introduction of NFTMOA of LABSHIGH. Described as […]

Malaysian Investors take part in Indonesia Investment Forum in Penang

PENANG, Malaysia, Dec 2, 2022 – (ACN Newswire via SEAPRWire.com) – A total of 95 Malaysian investors took part in the Indonesia Investment Forum which was co-organized by the Ministry of Investment/Investment Coordinating Board (BKPM) of Republic of Indonesia and the Consulate General of the Republic of Indonesia (KJRI) Penang in Penang, Malaysia, Tuesday. Promotion […]

Investment pitches target Japan pharma, agriculture companies

THE Department of Trade and Industry (DTI) said it is seeking to attract more Japanese pharmaceuticals and life sciences investments, while also inviting more Japanese participation in modernizing Philippine agriculture. In a statement on Thursday, the DTI said its Philippine Trade and Investment Center (PTIC) in Osaka and the Board of Investments held a roadshow […]

Increased investment in maritime transport needed to prepare for future crises

By Arjay L. Balinbin, Senior Reporter INCREASED investment in maritime supply chains, including ports, shipping fleets, and hinterland connections, is needed to boost sustainability and prepare for future global crises, the UN Conference on Trade and Development (UNCTAD) said. The recovery of maritime trade globally is hindered by port congestion and unreliable schedules amid increased […]

Marcos to sign EO fast-tracking strategic investment approvals

PRESIDENT Ferdinand R. Marcos, Jr. is expected to sign an executive order (EO) that will fast-track applications for investments deemed strategic to the economy, the Palace said on Tuesday. The order will establish a green lane in government agencies and local government units (LGUs) to streamline the issuance of permits and licenses, Acting Press Secretary Cheloy Velicaria-Garafil […]