Two Japanese firms Junca Global Partner Inc., a pioneering technology firm in Japan’s biotech industry, and Kurabe Industrial have signed investment partnerships with the Philippine Economic Zone Authority (PEZA) for their planned “huge” investment in the country. Tereso O. Panga, PEZA OIC...
German firms operating in the Philippines have projected sluggish business outlook as the impact of the worldwide energy crises and supply chain disruptions continue to affect their operations, according to a Fall 2022 report by the German – Philippine Chamber of Commerce and Industry (GPCCI –...
DTI Secretary Alfredo Pascual, together with panel speakers and e-Commerce industry leaders, at the country’s first e-Commerce congress held at the Philippine International Convention Center As e-Commerce emerges as a vital tool in the country’s economic development, developing this sector...
Bank of Commerce (BankCom), an affiliate of San Miguel Corporation, more than doubled its net income to P1.49 billion in the third quarter of 2022 from the P626 million it reported in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said its strong performance...
Major cola and beverage drinks producers in the country confirmed shortage in supply of refined premium sugar, a key raw ingredient in their products, while the Philippine Chamber of Commerce and Industry (PCCI) warned that its member food processors are slowing down production because their sugar...
From left: PCCI Chairman, William Co; Honorary Chair, Ma. Alegria Sibal Limjoco; President, George Barcelon; House Speaker, Ferdinand Martin Romualdez; Honorary Chair and Treasurer, Sergio Ortiz Luis Jr.; and VP for regional affairs, Nina Mangio. House Speaker, Ferdinand Martin Romualdez, has...
House Speaker Martin Romualdez raised hope before the local business community that Congress would be able to pass key commerce and industry-related measures--particularly those mentioned by the President in his State of the Nation Address (SONA)--before the end of 2022. House Speaker Martin...
Bank of Commerce (BankCom), the banking arm of San Miguel Corporation, has raised P7.5 billion from its maiden issuance of P7.5 billion 2-year Series A Bonds, 150 percent more than the original target of P3 billion. In a statement, the bank said the aggregate orderbook for the issue exceeded the...
BAGUIO CITY – Four school buildings with eight classrooms each have been donated by the Federation of Filipino-Chinese Chamber of Commerce and Industries, Inc. (FFCCII) in its ‘Operation Barrio Schools’ project in La Trinidad, Benguet and Baguio City. Photo by Zaldy Comanda First to receive a...
Partners with Robinsons Supermarket for operational efficiencies, broader market coverage DART, a Manila-based Quick-commerce (Q-commerce) provider, plans to tap the underserved online grocery market to grow its presence in the country. To attract a critical mass of shoppers who desire for rapid...
From left: PCCI Cavite Inc.'s Secretary Dennis Eusebio; Mambog IV, Barangay, Captain Robert "Obet" Nolasco; and PCCI Cavite Inc.'s Chairman Gil Hernandez. The Philippine Chamber of Commerce and Industry, Cavite Inc., on the initiative of its chair, Mr. Gil Hernandez, and the new set of officers,...
The private sector is cool to the proposal for the immediate lifting of bank secrecy law in the country, but also equally stressed the need to protect depositors. George Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI), emphasized his point in reaction to Sen....
