Filipino-Chinese businessmen described as “very successful” the three-day visit of President Ferdinand R. Marcos Jr. to China, stressing that good relations with the world’s second largest economy is crucial to the country’s national development goals. In a statement at the Kamuning Bakery...
The Philippines and China have signed a memorandum of understanding (MOU) to strengthen the established strategic cooperative relationship by focusing on the growth of electronic commerce between the two countries. The agreement was signed by Trade and Industry Secretary Fred Pascual and Chinese...
The European Chamber of Commerce of the Philippines (ECCP) backs the confirmation of Secretary Alfredo Pascual as Department of Trade and Industry (DTI) chief. In a statement on Thursday, Dec. 30, the Chamber appreciates the leadership of Secretary Pascual as well as his commitment to developing...
The Federation of Filipino Chinese Chambers of Commerce & Industry, Inc. (FFCCCII) expressed optimism that local economic growth in 2023 could hit between 6.5 to 7.5 percent despite gloomy forecasts by analysts about world economic recession next year. At the same time, FFCCCII members expect...
This development should bode well for the Philippines' burgeoning e-commerce sector. The House plenary (Ellson Quismorio/ MANILA BULLETIN) The House of Representatives unanimously approved on third and final reading Monday, Dec. 12 House Bill (HB) No. 4, or the proposed “Internet Transactions...
The Filipino-Chinese business community has thrown strong support behind Trade and Industry Secretary Alfredo E. Pascual, who is facing opposition on his confirmation at the Commission on Appointments. In a statement, the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc....
Shopee PH Graduate Programs As the e-commerce industry continues to evolve, Shopee seeks to train the next generation of young tech talents and prepare them for a career in e-commerce through its Graduate Programs. Composed of the Global Leaders Program (GLP) and the newly launched Fresh Graduate...
Foreign business groups in the country are keenly watching the proposed creation of a Maharlika Wealth Fund, a Philippine sovereign wealth fund, being pushed in the Lower House. “We are following it with great interest,” said Lars Wittig, president of the European Chamber of Commerce of the...
Trade and Industry Secretary Alfredo E. Pascual expects EU companies, particularly German-owned, to tap the Euro300-billion EU Global Gateway Fund to participate in the Philippines’ infrastructure projects under the Private Public Partnership (PPP) arrangement. Pascual raised this opportunity in...
Online shopping sales in the Philippines continued to be higher than in-store purchases with further growth in e-commerce expected this year, according to FedEx Express (FedEx). “With the holiday season upon us, we anticipate an increase in e-commerce sales," Maribeth Espinosa, acting managing...
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 –...
