Arjay L. Balinbin
Multimedia Reporter at BusinessWorld
BusinessWorld Journalist | Arjay L. Balinbin, editor - Corporate & Property sections
Articles
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Jun 10, 2024 |
bworldonline.com | Arjay L. Balinbin
By Arjay L. Balinbin, Corporate EditorJAPAN-BASED department store chain Mitsukoshi is gearing up to introduce more Japanese brands and local partnerships at its Philippine branch Mitsukoshi BGC, a company official said.
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Jun 3, 2024 |
bworldonline.com | Arjay L. Balinbin
By Arjay L. Balinbin, Corporate EditorJAPAN’s Nomura Real Estate (NRE) Development Co. Ltd. said it expects the Philippines, a primary investment focus in Southeast Asia after Vietnam, to contribute up to 30% of its total overseas profit by 2031.
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Dec 25, 2023 |
bworldonline.com | Arjay L. Balinbin
Philippine President Ferdinand R. Marcos, Jr. has approved the extension of reduced tariffs on rice and other food items until the end-2024 to keep prices stable amid a threat of dry weather in the coming months, his office said on Tuesday. The modified rates first approved in 2021 had already been extended this year due to high inflation, and Marcos said another extension was needed until the end of next year.
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Dec 21, 2023 |
bworldonline.com | Arjay L. Balinbin
The Philippine Economic Zone Authority (PEZA) aims for investment approvals of over P250 billion next year, its top official said on Friday. “We really want to target over P250 billion because that will bring us back to the peak levels of PEZA during the time of [former PEZA Director-General] Lilia B. De Lima when we were hitting P250-P300 billion,” PEZA Director-General Tereso O. Panga said during a briefing.
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Dec 15, 2023 |
bworldonline.com | Arjay L. Balinbin
Consumers remained pessimistic in the fourth quarter due to elevated prices and lower salaries, a survey by the Bangko Sentral ng Pilipinas (BSP) showed. The BSP confidence index (CI) among consumers decreased to 19% in the fourth quarter from a 9.6% contraction in the third quarter.
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