News: DOTr woos Japanese firms

Wednesday, August 30, 2023

DOTr woos Japanese firms

August 31, 2023

DOTr woos Japanese firms to bid for Naia deal

The Department of Transportation (DOTr) is looking at Japanese investors to realize some of the country's major public-private partnership (PPP) projects, including the rehabilitation of the congested Ninoy Aquino International Airport (Naia).

By Tyrone Jasper C. Piad

Del Monte Pacific lays down plan to cut debts by P 10B

Campos-led Del Monte Pacific Ltd. will launch a "strong debt reduction program" over the next year as it aims to cut obligations by nearly P10 billion amid global recession concerns. The listed canned fruit and condiment giant outlined plans to cut total debts in 2024 by about $170 million to $2.1 billion from $2.27 billion, a presentation to shareholders during its annual meeting showed.

By Miguel R. Camus

Fear not the dip: BDO says to buy stocks during Ghost Month

BDO Securities, the stock brokerage arm of industry giant BDO Unibank Inc., is calling on fearless investors to "buy the dips" during Ghost Month as it maintains its year-end target of 7,700 for the benchmark Philippine Stock Exchange index (PSEi). If reached, the target offers an upside of about 22 percent from the current level.

By Miguel R. Camus

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BIZ BUZZ

Investing in inclusive sports

The nation was euphoric when weightlifter Hidilyn Diaz won the first Olympic gold medal for the Philippines at the 2020 Tokyo Olympics. Equally commendable but unknown to many, a 17-person delegation of Filipino athletes with intellectual disabilities also brought honor to the country at the Special Olympics World Games Berlin 2023 in June.

By Doris Dumlao-Abadilla

INQUIRER PLUS-EXCLUSIVE

Coco industry wants bigger biodiesel share

As motorists bear the brunt of successive pump price hikes, the United Coconut Association of the Philippines Inc. (UCAP) said it is "about time" to increase the biodiesel component in diesel as mandated by law.

By Jordeene B. Lagare

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