Stankevicius Alternative Investment Banking explores credit financing options for clients

EQS Newswire / 16/02/2023 / 09:00 UTC+8 Stankevicius Alternative Investment Banking explores credit financing options for clients   New York, Stankevicius Alternative Investment Banking, an independent entity of Stankevicius Group, providing alternative capital solutions is looking to explore credit financing options for clients for specific industries in the United Arab Emirates and overseas including Asia […]

OECD urges more green investment in Southeast Asia

SOUTHEAST ASIA needs to undertake more green investment to minimize environmental footprints and promote sustainable development, the Organisation for Economic Co-operation and Development (OECD) said in a report. “Investment for green growth is central to the ASEAN Comprehensive Recovery Framework (ACRF) and needs to be scaled up significantly to advance sustainable development in the region, […]

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 […]

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 […]

PHL urged to diversify markets after achieving scale in services

THE Philippine service industry has achieved sufficient scale to start exploring diversification into new markets even during the looming global recession, economists said. “The goal is to be able to expand our investments and trade in services, such as in food, business activities and health, beyond our borders since economies of scale in the service […]

US chamber pushes for repeal of agri foreign investment cap

THE American Chamber of Commerce of the Philippines (AmCham) has called on the government to remove foreign investment restrictions in the rice and corn industry if it wants to boost farm productivity. AmCham issued the statement after President Ferdinand R. Marcos, Jr. extended tariff reductions on pork, rice, corn, and coal until the end of […]

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 […]

House approves Maharlika Fund bill

THE HOUSE of Representatives approved on third and final reading the bill creating the Maharlika Investment Fund (MIF), just over two weeks after it was filed by Speaker Ferdinand Martin G. Romualdez. At Thursday’s session, 279 lawmakers voted in favor of the MIF bill, while six voted against. The six lawmakers who opposed the measure […]

ALI sees new Bulacan estate as trade, commerce center

AYALA LAND, Inc. (ALI) has broken ground for its 49th estate development, which it targets to turn into a center for trade and commerce in Plaridel, Bulacan. The integrated mixed-use master-planned estate named Crossroads will sit in an 83-hectare lot in the province. ALI put a P5.2-billion initial investment in the estate to develop the […]

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 – 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 […]

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 […]