The Philippine Chamber of Commerce and Industry (PCCI) is requesting the government to allocate a portion of the limited sugar importation for the domestic food and processing industry, stating the high cost of sugar in the country could trigger another spike in inflation due to higher prices in...
The Israel Chamber of Commerce of the Philippines, Inc. (ICCP) recently held a webinar entitled ‘Aquaculture Innovation: Spotlight on Israeli Tech to Meet the Rising Food Demand.’ The event was held to exchange ideas on the aquaculture systems used and developed by Israeli fisheries and to...
There were still no new jackpot winners for Grand Lotto 6/55 and Mega Lotto 6/45 in the evening draw of the Philippine Charity Sweepstakes Office (PCSO) on Wednesday, March 15. The winning combination for Grand Lotto was 01 - 24 - 39 - 06 - 53 - 40 for a jackpot prize worth P29,700,000. PCSO said...
Shopee partners with Quirino Province on digitization training for MSMEs Shopee recently conducted a workshop and guided onboarding for Quirino Province representatives to help digitize and promote the local products in the province, as part of its commitment to uplift communities and boost local...
Shopee, DLSU team up to educate future tech talents on the e-commerce industry The Philippines e-commerce industry continues to grow rapidly and is poised to reach a Gross Market Value of $22B by 2025 according to a report by Google, Temasek, and Bain & Company. Given the sustained growth...
Shopee shares three key consumer trends set to shape the digital economy in 2023 Over the past two years, the digital economy has seen rapid growth across Southeast Asia (SEA) as more consumers continue to integrate e-commerce into their everyday lives. Key industry leaders in the Philippines, such...
Local traders engaged in fruit exports, particularly durian, forecast that durian exports to China could reach $150 million (P8.24 billion) on the first year from the signing of the agreement. This was shared by the Durian Industry Association of Davao City (DIADC) led by President Emmanuel Belviz...
Go Negosyo has tapped members of the Philippine Chamber of Commerce and Industry (PCCI) National Capital Region presidents and area heads as mentors to aspiring entrepreneurs. “The fit is perfect,” said Go Negosyo founder Joey Concepcion during a meeting with the PCCI NCR on Jan. 9 where he...
Bank of Commerce (BankCom) reported that its trade finance business grew more than six times in the last three years due to its accelerated support to both SMEs and larger businesses throughout the COVID-19 pandemic. In a disclosure to the Philippine Stock Exchange, the bank said year-end estimates...
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...