The Philippine government is seeking companies interested to pre-qualify and bid for the International Airport New Passenger Terminal Project located at the second largest airport in the Philippines. The response deadline is 21/02/2013. According to UKTI, UK companies are invited to pre-qualify and bid to finance, design, construct, operate and maintain the new passenger development …
January 2013 archive
Jan 15
Philippines ends discrimination against imported spirits
Great news for the UK Drinks Industry. The introduction of a WTO-compliant regime on alcohol and tobacco taxes will end discrimination against imported spirits that was a concern and financial handicap to many UK manufacturers. Wider benefits for the Philippine economy and health sector. This represents a further sign that President continues to push his economic reform …
Jan 14
Philippines 2013 Budget approved
President Aquino has signed the two-trillion peso Philippines 2013 budget (GBP 30 billion and approx. 16% of GDP) into law. Main priority areas are infrastructure development, health, education and support to the conditional cash transfers programme. Growth and increased revenue allow for extra spending while also reducing debt as a percentage of GDP. No pre-election splurge, but …
Jan 13
Commercial Real Estate Boom in Manila
How do we know there’s a commercial real estate boom in Manila? Just count the tower cranes in Manila. According tho this article published in the South China Morning Post, “Tower cranes tell story of commercial real-estate boom in Manila” Manila’s changing skyline demonstrates a city coming up in the world. The capital of the …
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