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Macau’s Galaxy Casino to enter Philippines
MANILA, Philippines - Macau-based Galaxy Casino is betting big on the Philippines, taking advantage of the country’s booming gaming sector, industry sources told The Star.The gaming firm, a subsidiary of Galaxy Entertainment Group, has chosen Negros Occidental Rep. Alfredo “Albee” Benitez as its local partner, the sources said.Benitez, founder of Leisure and Resorts World Corp. (LRWC), has been in the gaming business for decades and knows the industry like the back of his hand. He has been busy forging partnerships to bring inve... PHL growth in top tier of Asia-Pacific -- Morgan Stanley
THE PHILIPPINES is “in sync” with its regional peers in its economic growth story, but better-positioned than some, amid the broadening of the recovery in the Asia-Pacific led by external demand, local consumption, and investment, economists at Morgan Stanley Research said.Morgan Stanley rated the Philippines’ overall growth trend at “slightly up,” following a “slightly up” rating on consumption and investment, and an “up” rating on government spending and a “neutral” assessment for external demand.The slightly up ... Phl makes headway to become Asean’s car, motorcycle hub
MANILA, Philippines - The Philippines is making headway in its goal to be a vehicle manufacturing hub in the region, posting stellar growth in both car and motorcycle production in Southeast Asia in the first half of the year.Latest data from the ASEAN Automotive Federation showed the Philippines recorded the second fastest expansion in terms of motor vehicle production in the region with 73,597 units manufactured in the first six months, up 33.6 percent from 55,077 units in the same period last year.Only Myanmar, which is a relatively ...
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IRO Message
The newly approved Philippine Development Plan (PDP) 2017-2022 is now available for download at http://iro.ph/article_doc/fc55bc53_PDP-2017-2022-Prepublication-2.pdf. The first medium-term plan to be anchored on a national long-term vision, or AmBisyon Natin 2040, the PDP 2017-2022 represents the collective vision and aspirations of Filipinos for themselves and for the country.

The PDP al...
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