Shenzhen Grandsun Electronics Co. Ltd., a Chinese sub contractor of a European company, is planning to expand operation in the country in one of the economic zones in Batangas City. This was revealed by Trade and Industry Secretary Ceferino S. Rodolfo at the recent virtual meeting with members...
Al Muzafar Agriventure Inc., also known as AMAVI SWEET BANANA, is investing P950 million to revive some 1,000-hectare Cavendish banana plantation in the municipality of Datu Abdullah Sangki and other towns in the Province of Maguindanao. The regional Bangsamoro Board of Investments (RBOI) of the...
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 Philippine government has allowed the mining companies that were suspended and ordered closed by former Environment Secretary and late Regina Paz Lopez in 2017 to continue operating. Mines and Geosciences Bureau (MGB) Director Wilfredo Moncano said on Tuesday that the government has decided to...
The recent enactment of Republic Act 11524, also known as the Coconut Famers and Industry Trust Fund Act (or Coco Levy Act) brings into sharp focus the significance of the coconut industry. “Can we call the coconut industry a sleeping giant?” inquired Agriculture Secretary William Dar in an...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) While there’s a growing awareness of the global competitiveness of Filipino products, there are still some Pinoys that are biased towards imported products because they think locally-made goods are not “high...
The Philippine Constructors Association (PCA) has warned that the move to further open the domestic construction industry to foreign contractors could displace Filipino firms, especially the small players. PCA President Wilfredo Decena issued this warning amid a projected growth in the sector...
The Philippines is a country of diverse talents. One of the many indicators of this is how Filipino MSMEs parade creativity and craftsmanship with their proudly local products. From everyday staples and necessities to products that one would consider a luxury, name it and it’s highly likely that...
Philippine Coconut Authority (PCA) Administrator Benjamin Madrigal assured that the farmers’ representatives that will join the reconstituted PCA Board will be selected solely by farmers without the influence of the government. In a phone interview with Business Bulletin, Madrigal assured...
A purchase may seem trivial, but the collective effort to patronize local products spurs patriotism and love of country. Fortunately, some Filipino MSME owners are seeing an optimistic trend, with more local consumers looking to buy their products. Majority of local MSMEs in the country are also...
