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The Philippine Star (April 11, 2018)

HAINAN, Philippines — Nine Chinese firms have expressed interest to invest in the Philippines in a development that may create more than 10,000 new jobs. 

President Duterte yesterday witnessed the signing of letters of intent by companies that are keen on exploring opportunities in the energy, tourism, infrastructure, agriculture and health sectors. If all the nine companies’ plans materialize, they will generate about $9.5 billion in new investments and create 10,810 jobs.

INQUIRER.NET (April 11, 2018)

Short-term portfolio investments may be leaving the Philippines, but long-term capital from overseas is headed in the opposite direction, having risen sharply in January on the back of the country’s positive economic prospects, the central bank said. 

The Bangko Sentral ng Pilipinas said foreign direct investments (FDIs) yielded net inflows of $919 million in January 2018, an increase of 56.7 percent from the same month last year.

Philippine Daily Inquirer (March 21, 2018)

SunRay Power Inc. (SPI), an affiliate of MRC Allied Inc., will develop an P8.5-billion solar project in New Clark City, the Department of Energy (DOE) announced on Tuesday.

It said that they had officially released the Solar Service Contract of SPI for the development of its 100-megawatt (MW) Clark solar project in Capas and Bamban in Tarlac province.

Business Mirror (April 10, 2018)

THE Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) is confident that the country’s exports will reach at least $122 billion by 2022, through the efforts of the electronics, processed food and beverages, and services sectors, particularly the information technology-business process management (IT-BPM) sector.

Business World (March 21, 2018)

STRONGER consumption coupled with the government’s infrastructure push will drive economic growth this year, S&P Global Ratings said, as exports are likely to normalize from last year’s record pace.

“After strong export contributions in the middle of 2017, we expect the traditional pillars of growth — consumption and investment — to be in focus in 2018,” the international debt watcher said in its monthly report released yesterday.

The Philippine Star (April 3, 2018)

BEIJING — China raised import duties on a $3 billion list of US pork, apples and other products yesterday in an escalating dispute with Washington over trade and industrial policy. 

The government of President Xi Jinping said it was responding to a US tariff hike on steel and aluminum. But that is just one facet of sprawling tensions with Washington, Europe and Japan over a state-led economic model they complain hampers market access, protects Chinese companies and subsidizes exports in violation of Beijing's free-trade commitments.