The Board of Investments (BOI), the Philippine premier investment generation agency, has set a P1.25 trillion investments target in 2021, following the approval of P1.02 trillion in committed investments last year. “We are working hard for a V-shaped Philippine economic recovery in 2021 and are...
Trade and Industry Secretary Ramon Lopez said the latest manufacturing index bodes well for the economy as he cited efforts in the cold chain and copper industries development as crucial pillars that will strengthen the country’s supply value chain. The Philippine Manufacturing Purchasing...
The Department of Trade and Industry (DTI) has a standing recommendation to impose price caps on pork not just on the retail price side, but across the value chain to ensure traders, hog raisers and other middle men are not engaged in profiteering activities. DTI Secretary Ramon M. Lopez stressed...
A consumer group has called for “pork holiday” in protest of the high prices of pork in the local market and amid the inability of government and industry players to stop prices from rising.. MB file (Photo by Keith Bacongco) In a statement, Laban Konsyumer Inc. issued a challenge to consumers...
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...
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...
With the launch of her JLo beauty line , Jennifer Lopez has been generous in sharing her secrets and how-to's over on her personal Instagram account. Just a few days ago, she revealed her the results of using her limitless mask, joking that they didn't charge the public USD10,000 for this. Some...
Lopez Holdings Corporation has withdrawn its petition for voluntary delisting, which was filed with the Philippine Stock Exchange (PSE) on December 14, 2020 after sister company First Philippine Holdings Corporation reduced its tender offer size. In a disclosure to the PSE, FPHC amended...
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...
First Philippine Holdings Corporation (FPH) is reducing the shares of Lopez Holdings Corporation it intends to buy through a tender offer to ensure that the public float does not fall below the minimum required to remain listed. In a disclosure to the Philippine Stock...
