A week since Typhoon Ulysses hit the country, the Mines and Geosciences Bureau (MGB) has allowed miners to re-align their funds for their respective Social Development and Management Programs (SDMP) to bankroll their typhoon relief efforts. “In the interest of public service and for humanitarian...
Dismayed over the Philippines disaster responses in the recent typhoons, Business groups have urged Filipinos to move in an efficient fashion in partnership with local government units to mitigate the impact of climate change. “We express serious concern about the state of our...
EU yesterday strongly urged the Philippines to speed up economic reforms to improve its attractiveness to more foreign investors following the deep impact created by the COVID-19 pandemic and arrest the steep decline in bilateral trade. Nabil Francis, President of the EU Chamber of Commerce of the...
As palay prices continue to go down and the alleged entry of tons of smuggled corn began eating up a portion of the domestic demand, Philippine Chamber of Agriculture and Food Inc. (PCAFI) asked the Philippine government to immediately implement safeguard measures for the producers of the...
San Miguel Corporation (SMC) has been given the prestigious Global Excellence Award by the world business organization International Chamber of Commerce’s national committee in the Philippines. This is for the conglomerate’s efforts to keep the economy going, sustain and generate more...
The Philippines and Germany have agreed to strengthen bilateral cooperation in manufacturing, construction and innovation at the successful convening of their inaugural Joint Economic Commission (JEC). The Philippines-Germany Joint Economic Commission Co-Chairs Parliamentary State Secretary Marco...
Members of the Philippine Association of Feed Millers Inc. (PAFMI), the largest group of feed millers in the Philippines, has intensified its local corn buying, so far purchasing 133,500 metric tons (MT) of the staple during the peak harvest season. Photo by Milada Vigerova on Unsplash. The local...
The business sector has urged the Inter Agency Task Force (IATF) on the Management of Emerging Infectious Diseases, the policy making body on the government’s COVID-19 and related responses, to temporarily suspend the Data Privacy Act (DPA) to avoid the huge expense for contract tracing, a move...
The Chamber of Mines of the Philippines (COMP), the group of some of the largest mining companies in the Philippines, is now ready to implement the localized version of Towards Sustainable Mining (TSM), an international mining sustainability standard adopted by miners in Canada and other countries....
The domestic automotive industry has urged the Department of Trade and Industry to reconsider its safeguard investigation on imported cars as sales took a dive in August. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association...
Humans have fascination for gold, it is part of who we are. It is part of civilization. It is a tangible liquid asset that is always short in supply and strong demand. Thus, in times of crisis like this pandemic, governments and companies run for safe assets by buying more gold. Since March this...
The 46th Philippine Business Conference and Expo, the country's largest annual business gathering, happening on October 7-8, will carry the theme innovation@ph. Organized by the Philippine Chamber of Commerce and Industry, this year PBC will highlight the call for businesses to innovate, which has...