Phoenix Petroleum seeks financial partner
Keeping its eye on the ball at becoming a key player among the league of independents in the deregulated downstream oil industry, Phoenix Petroleum Philippines Inc. is prolonging its search for a strategic financial partner that can help it pump up investment portfolio.
Phoenix Petroleum president and chief executive officer Dennis A. Uy said they are [...]
East Asian economies urged to coordinate forex policies
Emerging East Asian economies must coordinate their foreign exchange rate policies in the face of likely continued appreciation of their currencies next year, the Asian Development Bank said.
The region’s currencies are under increasing pressure to rise as a result of their faster economic turnaround, it said.
Japan’s Sojitz Group eyes mining investment in Philippines
Sojitz Group of Japan is planning to invest directly invest in the mining sector through here through long term sourcing of copper concentrates here and eventually investing in an existing copper mine.
Trade and Industry Undersecretary and Board of Investments managing head Elmer C. Hernandez , who met with top executives of the Japanese firm during [...]
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