Trade and Industry Secretary Ramon M. Lopez yesterday said the 90 serious investment leads that are expected to come on stream in a year in the country are no longer concerned with restrictive economic provisions. Lopez said this at the House of Representatives 9th Regular Meeting on Constitutional...
Alarmed at the Philippine record for being the weakest in economic growth and recovery in southeast Asia region, Trade and Industry Secretary Ramon Lopez yesterday emphasized that compliance to health protocols is key to economic recovery, saving jobs and ensuring security of the country. Stressing...
Alarmed by the spate of car manufacturing plants closures in the country, automotive parts manufacturers are strongly recommending to the government to make a solid support for the electric vehicle (EV) sector and the jeepney modernization program in the country. Ferdinand Raquelsantos,...
Trade and Industry Secretary Ramon M. Lopez yesterday warned of a second wave of retrenchments of workers if enterprises failed to sustain the reopening of their operations because of weak sales. Lopez said this as the Inter-Agency Task Force (IATF) approved resolution No. 95 reducing the age limit...
MB file photo The Philippine Metalworkers Alliance (PMA-SENTRO) has called for a review of the automotive industry development plan stating the imposition of the safeguard measure is not enough to save the domestic automotive industry and stop car companies' exodus from the Philippines. PMA...
Paolo Contis posted a cute photo of her two year old daughter smiling while wearing a standard car seat belt strapped on her face. Paolo accompanied the post with a reminder to always put on a seatbelt. “PAALALA: Laging magsuot ng seatbelt! Tingnan niyo naman si Summer.. safe na safe!”...
Go green, go local ! Sustainable living has evolved from being just a fad to a collective movement which some Filipinos have seriously embraced. For those who have included adapting to a zero-waste lifestyle in their list of new year’s resolutions, here’s a quick list of local products that can...
The exchange and swapping of liquefied petroleum gas (LPG) cylinders between and among oil companies has been proposed in LPG Industry Regulatory Framework Bill, so consumers could gain broader choices when it comes to purchasing their cooking fuels. In the sponsorship speech of Senate Bill 1955...
The Export Development Council (EDC) has approved a revised Philippines exports growth target to $105 billion by 2022 or 19.23 percent lower than the original forecast of $130 billion taking into consideration impact of pandemic and weaker global demand. “The revised targets are lower than...
Year 2020 could be well remembered as the pandemic year, but it did not dampen the entrepreneurial spirit of Filipinos as shown by the 41 percent increase in business registration, the highest since 2010. This was reported by Trade and Industry Secretary Ramon M. Lopez at the launch of RCBC...
Trade and Industry Secretary Ramon M. Lopez will formally ask the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) to allow younger kids, 10 years old from the current 15-year-old cap, to go out of their homes to further boost economic activities as the local...
The country’s Micro, Small to Medium Enterprises (MSMEs) has always been described as the lifeblood of the country’s business landscape that largely supports and spurs economic development and helps generate wide-scale employment. As of May 2019, 99.56 percent of business...