Exporters scored the exorbitant and duplication of port charges, making the country’s logistics and transportation cost the highest in the Southeast Asia region. Dr. Henry Basilio, chairman of PhilExport networking committee on logistics and transportation, reported at the PhilExport 1st...
42% laid off workers Majority or 90.9 percent of companies are just operating at certain capacity while 42.4 percent have laid off employees either temporarily or permanently, according to a survey conducted by the Philippine Exporters Confederation Inc. (PhilExport). The PhilExport Survey on the...
Business and labor groups have asked the Social Security System to defer premium hike until the new law is adopted. This the position of The Leaders Forum (LF), a national bipartite committee composed of the Employers Confederation of the Philippines, Philippine Chamber of Commerce and Industry,...
(MANILA BULLETIN FILE PHOTO) The Department of Trade and Industry (DTI) has reduced by 20 percent its medium-term export projections from $130 billion target to $103.9 billion by 2022 amid the impact of the lingering COVID-19 pandemic on Philippine industries. In adjusting downward the export...
The Philippine delegation is targeting to attract over 1,300 buyers and generate a modest $31 million worth export deals at the upcoming China International Import Expo (CIIE), significantly lower than the $300 million the Philippines realized during last year’s China International...
Pag-IBIG Fund assured the leaders of the country’s largest business organizations to work for the Board approval of its requires to postpone the agency’s January 2021 implementation of the increase of its mandatory monthly contributions. In a statement, business groups said Pag-IBIG Fund Chief...
