The Philippines

November 05, 2014

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Asia’s one-stop, non-stop shop

Asia’s one-stop, non-stop shop

As one of the highgrowth “Tiger Cub Economies” of Southeast Asia (together with Malaysia, Indonesia and Thailand), the Philippines is building an increasingly important role in the region. In fact, analysts include the country in the list of the world’s top 50 economies by 2050 — driven by its services and manufacturing sectors, a young population and political stability and accountability.

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Environmentally respectful nickel mine is successful business as well

Environmentally respectful nickel mine is successful business as well

Marcventures Mining & Development (MMDC) recently made headlines as one of the most successful mining companies in the Philippines, since operations began under new management in August 2013. It achieved this while focusing on the environment and sustainability in its operations.

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End-to-end expert ICT partner for the enterprise market

End-to-end expert ICT partner for the enterprise market

PLDT ALPHA Enterprise is the single entity that heads the large enterprise business of PLDT and Smart, the Philippines’ biggest telecommunications and mobile networks. The company’s focus is on staying relevant in a rapidly changing technological ecosystem.

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A message from the President of the Philippines

A message from the President of the Philippines

My warmest greetings to The Japan Times on the publication of your 6th Special Business Report on the Philippines.

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Niche player is leading proponent of indigenous sustainable energy

Niche player is leading proponent of indigenous sustainable energy

Despite the Philippines’robust economic growth in recent years, and its consequent rise in energy demand,no significant generation capacity has been installed during this period.This is causing a severe supply-demand imbalance in the country.

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Getting ready for the new ASEAN reality

Getting ready for the new ASEAN reality

GT Capital’s President, Carmelo Bautista, reinforces the group’s bullish disposition by pointing out its recent acquisition of two new Toyota dealerships: Toyota Manila Bay Corp. and Toyota Cubao, Inc., in line with a significant increase in group car sales of 39 percent as of June this year. These dealerships are in partnership with Mitsui of Japan.

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Leading the new Philippine reality of transparency, security and growth

Leading the new Philippine reality of transparency, security and growth

One of the Philippines’ largest banking institutions, having just achieved a 46 percent increase in profit last year, is already compliant with Basel III requirements even though implementation in other developed marketshas been extended to 2019. Metrobank is poised to usher in ASEAN integrationin 2015 by positioning itself as one of the key growth drivers of the Philippine economy. In this move, its Japanese links are one of its strongest competitive advantages.

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Japanese-Filipino partnership proves an ideal match

Japanese-Filipino partnership proves an ideal match

Having just celebrated its 50th anniversary in April 2014, ORIX has grown significantly from itshumble beginnings as a 13-employee start-up in Japan. Through the years,the group has grown in the sectors of leasing, lending, investment, life insurance, banking, asset management, automotive, real estate, environment and energy.

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Setting up a one-stop-shop for Philippine equities

Setting up a one-stop-shop for Philippine equities

When the Philippines hosted its first World Economic Forum (WEF) in Manila last May, First Metro Investment helped set up the WEFASEAN Financial Ministers’ forum, and it was a huge success.

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The power to serve

The power to serve

The success of Global Power has always been founded on strategic partnerships with industry leaders, aimed at becoming the leading efficient energy provider in the country. Beginning with established relationships with Formosa Heavy Industries (FHI), a leading Taiwanese manufacturer of heavy industrial plants, and the Aboitiz Group, one of the country’s major energy companies, Global Power has completed key alliances to maintain its growth strategies.

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The Philippines’ No. 1 automaker strives for greater heights

The Philippines’ No. 1 automaker strives for greater heights

Targets are high for leading automotive manufacturer Toyota Motors Philippines Corp (TMPC). Last year the company sold more than 75,500 units in the Philippines, while the total sales of all manufacturers was about 210,000. This year, expectations are higher for Michinobu Sugata, president of TMPC, as the company is pursuing the target sales of 100,000 units. “Things look quite promising, as the Philippines’ automotive industry has been consistently growing since 2010,” he explains. “We expect this growth to be sustainable since the per capita income of Filipinos is increasing. I’m sure the country will have motorization to the levels of Thailand and Indonesia soon.”

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Manila’s next grand statement rises in the Fort

Manila’s next grand statement rises in the Fort

Manila’s newest central business district, Bonifacio Global City (BGC) in the heart of the metropolis, is a reflection of the nation’s changing lifestyle and rapid growth. Where Shanghai has its Pudong and Tokyo its Shimbashi, Manila has BGC.

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Japan and the Philippines: Strategic partners in a resurgent Asia

Japan and the Philippines: Strategic partners in a resurgent Asia

The recent World Economic Forum on East Asia in Manila on May 23 and 24 highlighted and brought to a wider international audience the economic success of the Philippines — hailed during the Forum as the “Next Asian Miracle.” The message to top-level international business executives, influential thought leaders, and the international community was clear: improvements in governance directly translate into sustainable economic progress.

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Decade of remarkable growth rewards Filipino mining leader

Decade of remarkable growth rewards Filipino mining leader

Delta Earthmoving, a Filipino-owned company incorporated in 2003, has just posted a decade of remarkable growth — landing comfortably in the country's Top 1,000 Corporations list in the last three years. Its humble beginnings belie its current status as a dominant player in the Philippines's quarry, metal mine contracting and earthmoving sector.

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BDO turns to Japanese market

BDO turns to Japanese market

BDO Unibank Inc.(BDO), the Philippines’ largest bank in terms of total resources,customer loans, deposits and asset-under-management as of the second quarter of 2014, is well positioned to service the growing population of Japanese corporates coming into the country, especially the increasing number of SMEs, which have started looking at the Philippines as an attractive investment destination.

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Generating clean power and building sustainable communities

Generating clean power and building sustainable communities

San Roque Power Corporation (SRPC) is a leading private company involved in hydroelectric power generation in the Philippine energy sector. Owned jointly by Marubeni and Kansai Electric Power, it has been operating in the Philippines since 2003.

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Southeast Asian seaside jewel offers relaxation and adventure

Southeast Asian seaside jewel offers relaxation and adventure

The members of the Lim family are Bohol locals, and built Eskaya (whose name comes from that of the island’s only indigenous people) partly as homage to their origins. “We chose the name ‘Eskaya’ because we wanted to reflect our unique heritage,” recalls Lim Jr.

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Developer finds success with unique approach

Developer finds success with unique approach

Today, Ortigas specializes in residential and commercial developments in Metro Manila, where it owns one of the busiest and most well-known malls in the country, Greenhills Shopping Center.The iconic mall is now being renovated, expanding to meet growing demand from customers and foreign retailers looking to move into the Philippines ahead of the planned ASEAN integration next year.

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The Yuchengco Group: Nurturing longstanding Japanese business relations

The Yuchengco Group: Nurturing longstanding Japanese business relations

Keenly aware of the strategic business alliance between the two countries, the Yuchengco Group of Companies (YGC), one of the Philippines’ largest and most diversified conglomerates, continues to nurture the strong long-standing business relationships forged by its member companies with their Japanese counterparts.

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Malayan Insurance, Tokio Marine celebrate 50 years of partnership

Malayan Insurance, Tokio Marine celebrate 50 years of partnership

Starting in 1964, the partnership has enabled Malayan Insurance and Tokio Marine to provide for the non-life insurance requirements of Japanese companies operating in the Philippines. For Tokio Marine, this partnership with Malayan was the first alliance it forged globally.

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Gaining the trust and confidence of the Japanese market

Gaining the trust and confidence of the Japanese market

We at YGC are positioning ourselves advantageously to leverage our strengths on many growth areas of our economy. The group will continue to pursue the objective of providing services addressed to meet a person’s needs at every stage of his or her life.

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The preferred bank for Japanese investors in Philippine Eco-zones

The preferred bank for Japanese investors in Philippine Eco-zones

The strong presence of Rizal Commercial Banking Corporation (RCBC) within the Japanese and eco-zone markets has been instrumental in fostering business relationships between Philippine and Japanese entrepreneurs and companies.In fact, RCBC and the Japanese bank Resona have signed a memorandum of understanding with PEZA to further promote direct investments and help foster business partnerships between Philippine and Japanese entrepreneurs and companies.

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