Back to square one for Subic

Article Abstract:

Philippine Pres. Fidel V. Ramos has ordered the Subic Bay Metropolitan Authority (SBMA) to conduct a re-bidding of the contract to operate a port terminal at Subic Bay, stating that the tender documents provided by Hong Kong-based Hutchison Ports Philippines Ltd. were ambiguous. Ramos made the order after Hutchison won the contract for the second time, prompting critics to accuse Ramos of meddling in the bidding process. Some believe that Ramos' move gives local companies time to reorganize their bids to win the contract.

Marine cargo handling, Marine Freight Terminals, Evaluation, Contracts, Marine terminals, Ramos, Fidel Valdez, Subic Bay Naval Base, Philippines

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Latest Philippine crime scare stokes concerns, but not enough to deter most foreign investors

Article Abstract:

The level of criminality in the Philippines has risen significantly over the past several months. The target of most crimes are often wealth Filipino-Chinese business personalities. The government seems helpless in controlling the rampant criminality, despite a recent reshuffling of 16 top police officers. However, many foreign business executives in the Philippines continue to have faith in the government and plan to continue with their investment plans in the country.

Analysis, Foreign investments, Crime

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Filipino workers get top marks - or not - from investors

Article Abstract:

Many investors in the Philippines are satisfied with the quality of the products turned out by their Filipino workforces. These companies include Honda Cars Philippines Inc., Motorola Philippines Inc., Taiyo Uden Philippines Inc, Texas Instruments Philippines Inc. and Intel Philippines Manufacturing Inc.

Reports, Foreign corporations, Employment, Labor productivity

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