AVANT GARDENER Davao’s first shipment of durian to China was made available to the public early this week. This good news comes after it was shipped via chartered plane last April 6, 2023 then inspected by China’s strict customs officials. A program was held in China to commemorate this...
The Philippines is looking forward to the implementation of Developing Countries Trading Scheme (DCTS), the new form of generalized system of preferential (GSP) trading system of the United Kingdom which provides larger product coverage than EU’s GSP+. Trade and Industry (DTI) Secretary Alfredo...
State-run pension fund Government Service Insurance System (GSIS) has invested P1.46 billion in mining firm Nickel Asia Corporation (NAC). In a disclosure to the Philippine Stock Exchange, NAC said the GSIS investment involved a purchase of a total of 233.55 million common shares, done through a...
The domestic nickel industry said the government should first provide a stable policy environment for the mining industry, primarily on nickel, to be able to attract more foreign investors and participate in the electric vehicle (EV) global value chain. Dante Bravo, president of FNI and...
The domestic nickel industry said the government should first provide a stable policy environment for the mining industry, primarily on nickel, to be able to attract more foreign investors and participate in the electric vehicle (EV) global value chain. FNI and PNIA President Dante R. Bravo...
Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, according to the World Trade Organization (WTO). A new“Global Trade Outlook and Statistics” report by WTO economists on Wednesday, 5 April, forecasts that volume of world...
Senator Nancy Binay on Tuesday, April 4 called for a Senate inquiry into the alleged complaints from airline passengers and customers regarding overbooking, offloading nightmares and booking glitches against budget local carrier Cebu Pacific airlines. Binay said she will file a resolution...
In anticipation of the Metro Manila Summer Film Festival, Senator Manuel “Lito” Lapid renewed his call for the government to provide support for the Philippine arts and entertainment industry by providing them corporate tax breaks, including exemptions from amusement tax. In filing...
The Department of Trade and Industry (DTI) has sought for further collaboration with the advertising industry to tighten controls against fraudulent advertising, by including online marketing, amid increases in consumer complaints, primarily emanating from internet-based transactions. In a speech...
The Department of Trade and Industry (DTI) through Board of Investment (BOI) shall recommend for approval to the Fiscal Incentives Review Board (FIRB) an EV incentive strategy (EVIS), similar tax incentives driven to the Comprehensive Automotive Resurgence Strategy (CARS) Program, to ensure the...
Senator Risa Hontiveros on Thursday, March 30 called on the Senate Blue Ribbon Committee to immediately schedule a public hearing on the new sugar smuggling plaguing the country, which she described as “state-sponsored.” Hontiveros made the call after Sen. Francis Tolentino, chairman of...
The Anti-Red Tape Authority (ARTA) has reiterated its commitment to streamlining government processes and regulations concerning the country's import and export industry to pursue a more robust Philippines. ARTA director-general Secretary Ernesto Perez said this after he received this year's...
