PROJECTS APPROVED by the Board of Investments (BoI) rose by 2.4% in January to April from year-ago levels, the investment promotion agency reported yesterday.
The Philippine economy may have grown by just 3.9 percent in the first quarter of the year on the back of slower growth in dollar remittances from overseas Filipinos, an economist said yesterday.
The Philippines has been included in the roster of the so-called Next 11 Emerging Markets but has lagged behind other countries in terms of investments, according to PhilDev trustee Winston Damarillo.
INTERNATIONAL HOTEL chain Marco Polo has firmed up plans to put up a five-star hotel in the Ortigas central business district, yesterday inking a deal with property developer Xin Tian Ti Development Corp. (XTT) of businessman Samuel L. Po ahead of the 2014 target opening.
A NON-PROFIT group is looking to propose a sustainable master plan for Makati City and Bonifacio Global City in Taguig, readying consultations with stakeholders in a bid to align the country’s planning standards with regional peers.
