Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
The Joint Foreign Chambers (JFC) expressed optimism that Congress will approve the Open Access in Data Transmission bill during its Third Regular session stressing the legislative will bridge critical gaps in broadband infrastructure by attracting more firms to invest in the data transmission and...
Some 16 local and foreign business groups have strongly urged for the immediate enactment of the proposed Financial Consumer Protection (FCP) Act, which seeks to protect consumers amidst the growing complexity in financial services, especially digital services. In a statement the business group...
Foreign and local business groups in the country have urged the passage of 17 priority bills by the 18th Congress during its third and final session year that will commence on July 26. The letter sent to President Rodrigo Duterte was signed by 15 business groups, including eight Philippine...
Employers and government agencies on Wednesday, (June 30) signed a manifesto that seeks to create 1 million jobs by end this year to help address the high unemployment rate in the country and bring it back to pre-pandemic level. The Manifesto on 1 Million Jobs for 2021-Partnership Project with the...
Volvo Philippines clinched the Smart and Safer Mobility Award at the recently held Europa Awards 2021. This recognition is given to the company that has offered innovative and sustainable mobility solutions presented by current transportations system challenges. The award given to Volvo Philippines...
Community pantry at Chinese General Hospital In the spirit of goodwill and the bayanihan drive, the Chinese General Hospital and Medical Center (CGHMC) rolled out its very own employees’ pantry earlier this month. A joint project together with the CGH Employees Association-UFSW, the pantry is...
At least seven industry groups in the Philippines are calling for the liberalization of agriculture sector to secure food supplies. The groups, led by the American Chamber of Commerce of the Philippines, Inc. (AmCham) and Cold Chain Association of the Philippines, Inc. (CCAP), said they...
The Philippines is now under a state of calamity for a period of one year due to African Swine Fever (ASF), but the government's Bureau of Animal Industry (BAI) said recovery of the local hog sector is expected to happen in 2023 yet. During the European Chamber of Commerce of the Philippines (ECCP)...
Following the approval by the House Committee on Transportation on House Bill 8700, amending the Civil Aviation Authority of the Philippines (CAAP), business groups also recommended that the Senate file a counterpart measure and initiate hearings on the reform with a view to approving it by the end...
Philippine businessmen Wednesday, (April 14) took a pause from their busy schedules to make a stand against China’s aggression in the country's territory. With that business groups rallied behind Defense Secretary Delfin Lorenzana, other government officials and various groups...
The business sector is asking the government to accelerate COVID-19 vaccination because they are already in the “last phase,” stressing that adding six months or one year more of quarantine would mean closures of most enterprises to the detriment of more Filipinos, especially the poor. ...