PPGI bought AkzoNobel’s North American operations in 2013 for $1.05 billion, taking advantage of a restructuring with the aid of the Dutch corporation to boost its profitability.

Employing 46,000 people throughout 80 countries, AkzoNobel generates maximum of its sales in Europe and Asia.
For PPGI, which counts forty seven,000 employees in 70 countries, the acquisition of AkzoNobel might help it reduce its reliance at the North American market.Cement and constructing substances manufacturer Republic Cement has launched a three-year application to repair the mangrove forest in the coastal areas of Malolos, Bulacan, the business enterprise announced.

“In line with its commitment to increase its sustainability initiatives to a broader network, Republic Cement, the united states of america’s leading cement and constructing substances producer and construction answers company, recently launched its Mangrove Rehabilitation and Management Project in Barangay Pamarawan, Malolos City, Bulacan,” the company said in a statement.

The project is a partnership among Republic Cement, the Department of Environment and Natural Resources (DENR), Malolos city authorities, Bulacan provincial authorities, and Bulacan Lowland and Upland People’s Organization (BLUPO), and ambitions to rehabilitate the coastal areas in Malolos, Bulacan by growing extra than 50,000 mangrove propagules.


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A group of 40 representatives from the company’s Makati office and Bulacan cement flowers and aggregates quarry joined volunteers from the barangay, Malolos authorities officials, DENR representatives as well as partners from World Wide Fund for Nature (WWF) Philippines, BantayDagat, and BLUPO in planting an preliminary five,000 propagules to kick off the mission.

“This isn't a one-time mission for us. It is part of a long-standing program that we created. We’ll display and evaluate the web site each area till the mangroves attain maturity,” Republic Cement’s Sustainability Director Anda Bolinas stated.

Singapore’s Ambassador to Manila Kok Li Peng urged businessmen from the Philippines to remember investing in Singapore corporations and to construct greater partnerships with marketers from the island kingdom.


Singapore’s Ambassador to Manila Kok Li Peng. TMT File Photo
“We have an extended-status partnership between Singaporean businesses and Philippine corporations,” the
ambassador stated at the weekly Pandesal Forum in Quezon City on Tuesday.


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“I am satisfied to inspire Philippine organizations to come, take a look at Singapore companies,” the ambassador, who has been inside the Philippines for two years, stated.

While spotting the Philippines’ brisk economic growth, the ambassador also referred to that Singapore is the Philippines’ top buying and selling and investment accomplice within the Asean vicinity. Data from the Philippine Statistics Authority showed that Singapore ranked because the Philippines’ first investment partner during the first 3 quarters of 2016 by myself, with funding pledges achieving P16.7 billion.

The volume of trade and funding between the two nations is expected to develop further, the ambassador said.

Explaining Singapore’s interest inside the Philippines, she stated “the President (Duterte) has been running very hard to usher in assistance from countries within the region and international locations inside the vicinity are responding.”

She did not point out precise deals between the two Asean international locations, saying the negotiations have been nevertheless ongoing. She simplest stated the two governments wish to record every time soon on “the numerous degrees of progress.” President Rodrigo Duterte and his cabinet secretaries visited Singapore in December.

The ambassador said the Singapore government is “happy” to permit the Philippines see measures together with “congestion pricing” that Singapore has in region to address visitors problems.