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If there is one message the onslaught of Super Typhoon Yolanda has so savagely delivered to numerous businesses in the country, it’s that the debilitating impact of natural calamities has been increasingly harder to predict, much less prepare for. Climate change has rewritten the rules of Mother Nature. What used…

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Last-minute buying saved the local market from a looming dip on Wednesday, which resulted in the benchmark index registering a gain for the second straight day this week. The Philippine Stock Exchange index (PSEi) was still up on Wednesday, rising a bit by 0.47 percent, or 28.50 points to end…

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The country’s total foreign investments for the third quarter of the year increased by 86.6 percent to P33.1 billion as approved by seven investment promotion agencies (IPA), according to the National Statistical Coordination Board (NSCB). The NSCB also said that the approved foreign investments for the first nine months of…

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European and Japanese businessmen urged the government and the Supreme Court (SC) to “have a “prospective ruling” on the value-added tax (VAT) refunds for foreign investors in the country. Henry Schumacher, executive vice president of the European Chamber of Commerce of the Philippines, said in a press briefing on Wednesday…


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The real estate and tourism prospects for the Visayas remain strong even if the region severely suffered from the wrath of Super Typhoon Yolanda that severely ravaged the region three weeks ago. Bill Barnett, managing director of international hospitality consulting firm C9 Hotelworks, said in an interview with The Manila…

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SM Development Corp., the property arm of Henry Sy’s SM Group, has launched the next phase of Grass Residences, a five-hectare condominium complex in Quezon City. Phase two of Grass Residences, which will have sales value of approximately P10 billion, involves the development of the fourth and fifth tower of…

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