Gotianuns’ Filinvest Land cuts capex by P14B

Filinvest Land Inc. has trimmed its capital spending by nearly half to P16 billion as it defers planned projects for the year in response to the uncertain business environment brought about by the coronavirus outbreak.
Toyota announces first plant in Myanmar

Japanese automaker Toyota said Thursday it will open its first vehicle production plant in Myanmar, as the country’s auto market grows and the government raises import barriers.
Duterte green lights IT parks of SM, shoemaker Mendrez

President Rodrigo R. Duterte has signed two proclamations creating information technology (IT) centers in Metro Manila.
Duterte grants ecozone perks to Villar’s Cavite IT hub

MANILA — President Rodrigo R. Duterte signed a proclamation creating an Information Technology Center Special Economic Zone in Bacoor City, Cavite.
Enrique Razon ends contract with Brunei port
Bilyonaryo Enrique Razon?s International Container Terminal Services, Inc. (ICTSI) subsidiary in Brunei will no longer operate