The Philippines has taken a major step toward attracting long-term foreign investment with the official signing of the Implementing Rules and Regulations for Republic Act No. 12252, the Investors’ Lease Act.
Stern Real Estate and Development Corp. is ramping up its presence in Camp John Hay, committing fresh capital to expand hospitality offerings within the former American rest and recreation facility.
The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.
Globe Telecom Inc. is advocating for policies that do not favor any single technology, in order to encourage innovation while maintaining strict standards for service quality, security, consumer rights, and fair competition.