The Fiscal Incentives Review Board (FIRB) has extended until Jan. 31, 2023 the deadline for the transfer of registration of Information Technology and Business Process Management (IT-BPM) firms from the Philippine Economic Zone Authority (PEZA) to the Board of Investments (BOI). FIRB announced...
The Department of Science and Technology (DOST), had a unique opportunity to show off its technologies that are at par with other global creations during the Consumer Electronics Show (CES) 2023 in Las Vegas, Nevada, and Business Mission in Silicon Valley, San Francisco, California from January 5...
President Ferdinand “Bongbong” Marcos Jr. is due to meet world leaders for meetings on a number of topics, including global nutrition, when he attends the 2023 World Economic Forum in Davos, Switzerland next week. President Ferdinand Marcos Jr. (Malacañang photo) During a pre-departure...
President Ferdinand “Bongbong” Marcos Jr. is set to talk about the country’s proposed sovereign wealth fund before fellow world leaders at the 2023 World Economic Forum (WEF) in Davos, Switzerland, next week, the Department of Foreign Affairs (DFA) said. DFA Undersecretary Carlos Sorreta said...
President Ferdinand “Bongbong” Marcos Jr. will be the only leader from the Association of Southeast Asian Nations (ASEAN) who will attend the 2023 World Economic Forum (WEF) in Davos, Switzerland, next week, the Department of Foreign Affairs (DFA) said. DFA Undersecretary Carlos Sorreta said...
The year 2023 has been acknowledged by the International Monetary Fund as a year of global economic recession that would hit one-third of the world’s economy. The economic difficulties have been brought about by Russia’s war in Ukraine, causing oil prices to rise to historic levels, disrupting...
Various stakeholders of the Philippine Economic Zone Authority (PEZA) have endorsed to Malacanang Officer-in-charge (OIC) Deputy Director General Tereso O. Panga to stay on as leader of the agency that administers the country’s economic zones and their export-oriented locators. The endorsements...
The Department of Public Works and Highways (DPWH) has completed a 4.4 kilometer road, which it said, has economically benefited the local farmers in the highland communities in Lemery, iloilo. In a statement on Jan 7, DPWH Secretary Manuel Bonoan said the concreted road has provided a more...
President Ferdinand R. Marcos, Jr.’s state visit to China has yielded productive results that strengthen what he describes as “the positive trajectory” of the two countries’ relationships. Since 2018, the Philippines-China relations had been elevated to the Comprehensive Strategic...
Unemployment rate in November fell to its lowest level in over 17-years, signaling the strong recovery of the economy from the prolonged pandemic, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported on Friday, Jan. 6, that the level of...
Filipino businesses are wary of achieving sustained growth this year as the continued rise in prices of goods are expected to fuel clamor for wage hikes and eventually dampen the domestic economy. George T. Barcelon, president of the Philippine Chamber of Commerce and Industry (PCCI), expects the...
Construction of the Bulacan high impact projects are being expedited by the Department of Public Works and Highways (DPWH) in a bid to further enhance cost-efficient economic activities in the province and neighboring areas. The projects include the P2,004,728.13 Bypass, Malolos Circumferential...
