Metro Manila Subway breaks ground now!

As announced last June 2018, Metro Manila Subway breaks ground and is expected to be completed by 2025, but partial operation of the first three stations is set in 2022.

The big-ticket project has a total loan financing requirement of P259.6 billion (on a total estimated cost of almost P360 billion), the biggest amount committed by the Japan International Cooperation Agency (JCCA) to a single country.

Japan financing the first Subway in the Philippines

ABS-CBN : Manila Subway

PHILSTAR : https://www.philstar.com/business/2019/02/27/1897181/ground-broken-first-metro-manila-subway

The Philippines are upgrading Corporate Law

It was time to upgrade the existing 38 year old Corporate Code and it will be now easier to do business in the Philippines.

The amended Corporation Code allows the formation of a corporation by a single person and grants a perpetual corporate term, plus some minor but significant rules which make easier the corporate governance and operations.

For details click here