The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Thailand is like pointing its fingers back to themselves as the fellow ASEAN country urged Philippines to follow the multilateral trading body - World Trade Organization (WTO), which ruling Thailand ignored for the past 10 years. Thailand’s Department of Industry and Commerce was represented by...
Jason Brickman took an initial step in finally making his entry in the PBA after being one of the early applicants for the Rookie Draft slated March 14. The PBA’s official website said that the former playmaker of San Miguel Alab Pilipinas and Mighty Sports Philippines was one of six players who...
The decline in auto industry sales in ASEAN quickened as of October this year to 33.9 percent as sales further slowed down two months before the year 2020 ends. Data from the ASEAN Automotive Federation showed there were only 248,424 units sold in October bringing total regional sales to...
The Philippines lagged behind ASEAN countries in logistics development and investments as it concentrated in the services sector, but the country is expected to catch up as opportunities for investors abound. During a virtual webinar on Freeports to Free Shipping: The Evolution of Manufacturing,...
Global beverage giant Coca-Cola today announced the appointment of home-grown and returning Filipino talent Tony Del Rosario as president of Coca-Cola Philippines starting January 1, 2021. Del Rosario will also serve as vice-president of franchise operations for Coca-Cola East Region (PH,...
A major motorcycle manufacturer is relocating its engine production and assembly facilities from two ASEAN countries for consolidation in the Philippines, while a copper processing venture is keen on locating in Leyte, according to the Board of Investments (BOI). BOI Managing Head Ceferino S....
The Department of Trade and Industry (DTI) today released the regional information campaign materials as the agency warned consumers of misleading advertisements being peddled by enterprises to lure customers. “The DTI enjoins the general public to always practice your rights and responsibilities...
Despite the expected Malacanang approval of the CREATE bill following Senate passage, the Management Association of the Philippines (MAP) said there is still so much to do to attract foreign direct investments. “We still have a lot of work moving forward. The restrictive provisions in our...
The Philippines has been advised to push for a more doable sectoral bilateral trade agreement with the US before rolling to a more comprehensive free trade agreement, if not push for a wider US-ASEAN FTA under the new Biden administration. Amb. Michael W. Michalak, senior vice-president and...
Japan has urged the Philippines to implement policies and measures to strengthen its participation in the global value chains (GVCs) and to resist the temptation of quick-fix solutions, otherwise lose its competitiveness, including the country’s top dollar earner IT-business process...
With the West Philippine Sea already legally opened by the government for oil and gas exploration, Energy Secretary Alfonso G. Cusi has intensified his call on neighbor-countries in the Southeast Asian region to join in the ‘upstream exploration ventures’ in Philippine waters. In his address at...
