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Full foreign ownership in utilities faces tough Senate debate amid federalism...

THE chairman of the Senate energy committee has expressed concerns about a plan to grant full foreign ownership over power distribution and transmission as well as water services under a federal form of government as called for in a proposed constitutional change.

Banks seen staying strong despite competition

PHILIPPINE BANKS are seen to remain resilient despite increased competition from new foreign players entering the country as the homegrown lenders enjoy the “healthiest”...

Gov’t to ease foreign cap in construction

THE GOVERNMENT is looking to allow foreign contractors to take on public construction projects under a more liberal Foreign Investment Negative List (FINL) in...

Foreign banks eye PHL presence

By Melissa Luz T. Lopez, Senior Reporter AT LEAST two global banks are looking to establish their presence in the Philippines, the central bank chief said,...