Philippines and Korea have concluded negotiations paving the way for bilateral free trade agreement (FTA) that would further liberalize trade in goods between the two countries, including gradual elimination of tariffs on Philippine bananas and canned pineapple exports and exports of Korean...
Philippine business and labor groups have passed a joint resolution calling on the Duterte administration to act on 11 recommendations, including addressing corruption and passage of Bayanihan 3, to ensure safe reopening of the domestic economy and protect lives. The 10 groups under the Leaders’...
Only less than 100,000 displaced workers in the National Capital Region (NCR) will remain jobless, but some 300,000 employees are returning to work with the further easing of restrictions and reopening of more establishments at higher operating capacity starting Saturday, Oct. 16. “With most of...
Photo by AC Energy Country now in state of climate justice, passing mitigation The Philippines’ energy industry has to make and carry out firm decisions to become more independent and resilient as it has now arrived at a state of climate justice, which is well beyond mere mitigation. ...
The Department of Trade and Industry (DTI) and Department of Tourism (DOT) announced Friday, October 1, that they will no longer recommend the use of foot baths, disinfection tents, misting chambers, or sanitation booths for establishments offering dine-in services amid the prevailing coronavirus...
Top business, trade and labor leaders have come together and issued a joint appeal to President Rodrigo Duterte to immediately release the Executive Order (EO) deferring the increase in the Social Security System (SSS) monthly contributions of both employees and workers. pcci The September 27, 2021...
The number of closed establishments outside of the National Capital Region (NCR) worsened to 7 percent from 4 percent with the imposition of different alert levels in the regions, while NCR has improved to 11.76 percent from 16 percent following the limited opening in restaurants and personal care...
The Department of Agriculture (DA) said the “root cause” of its billions of unobligated funds last year was the COVID-19 pandemic, following the request of the private sector for the Agriculture Secretary William Dar to explain the findings of Commission on Audit (COA) on the agency’s...
The ASEAN automotive industry registered positive growths both in sales and production with all countries, except Myanmar, reporting higher sales as of July this year. Data from the ASEAN Automotive Federation showed the region’s automotive sales went up 27.5 percent to 1,507,331 units from...
Malacanang has ratified the Regional Comprehensive Economic Cooperation (RCEP), a mega free trade deal seeking to grant zero duty on goods traded among 15 countries that account for 29 percent of global gross domestic product. The document was ratified by President Rodrigo Duterte on September 2...
Photo credit: http://www.philippineplastic.com/index.html Domestic plastics manufacturers are experiencing a shortage of plastic wastes for recycling due to huge gap in plastic circularity following strict campaigns against the use of plastic materials in the country. In a statement, the Philippine...
Motor vehicle sales in the country fell 26.3 percent in August to 15,847 percent compared to 21,498 units from the previous month due to reimposition of hard lockdown in Metro Manila and strict quarantines in other parts of the country, a joint report by the Chamber of Automotive Manufacturers of...
