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Visa opens PHL business processing center
AMID the continuous expansion of electronic transactions in the Philippines, Visa, Inc. opened one of its consumer support sites in the country last week.The global payments technology firm opened its Visa Business Processing Center in SM Mall of Asia, Pasay City last Sept. 16. The center, which currently houses 570 employees, is one out of four Visa Consumer Support sites worldwide.“This site demonstrates Visa’s commitment to insourcing its third-party global operations, allowing us to build the function from within, to provide sup... BOI sees infusion of $2B worth of investments in petrochem plants
The Board of Investments expects more than $2 billion worth of fresh investments to be infused into various proposed in the local petrochemical industry, which the government intends to boost as part of its industrialization strategy.Among these was the investment made by Polish firm Pietrucha, which has recently completed the establishment of a plastics production facility at the Freeport Area of Bataan in Mariveles. The BOI, however, did not disclose the amount invested by Pietrucha.According to the BOI, the Polish plastics manufactur... Spanish investors eye PH rail projects
The governments of the Philippines and Spain would sign an agreement to intensify economic and financial cooperation, especially as Spanish investors eye participation in rail projects here, the Department of Finance (DOF) said Wednesday.In a statement, the DOF said Finance Secretary Carlos G. Dominguez III and Spanish Ambassador to Manila Luis Antonio Calvo Castaño met last Tuesday to discuss the proposed signing of a memorandum of understanding (MOU) on economic and financial cooperation between the two countries.The MOU “aims to e...
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Thank you for participating in the 1 September  2016  Investor Conference Call of the Republic of the Philippines.

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