Trade and Industry Secretary Ramon Lopez said the latest jobs report by the Philippine Statistics Authority (PSA) indicates that the country is on the right track towards recovery. Lopez noted that PSA’s Labor Force Survey (LFS) recorded an employment rate in October at 91.3 percent, the highest...
The Department of Trade and Industry (DTI) has given in again to the demand of domestic cement manufacturers as it hiked the second year safeguard duty to P9.80 on 40-kilogram bag imported cement, almost at the same level as last year’s P10 duty and higher than the original P9 duty it ordered...
The Philippine Sports Commission is hoping to start the training of some national athletes by January next year in a bubble at the Inspire Sports Academy in Calamba, Laguna. “We’re all set, we’re just waiting for the go signal from the IATF (Inter-Agency Task Force),” said PSC chairman...
Lower goal of $122 B in 2022 ‘doable’ The Philippine Export Development Plan (PEDP) is currently under review whether or not the country’s export target, even the lower end-target of $122 billion in 2022, is still doable given the continuing challenges posed by the COVID-19 pandemic. Trade...
Bienvenido Maranon of United City FC celebrates after scoring a goal against Mendiola FC. during PFL match. (Photo from PFL website) Bienvenido Maranon took another step in his bid to suit up for the Philippine Azkals after a bill seeking to make the Spanish striker a naturalized citizen was...
The Lopez group of companies is planning to use First Philippine Holdings Corporation to buy for up to P17.5 billion all the public shares of Lopez Holdings Corporation which it plans to eventually delist from the bourse. In disclosures to the Philippine Stock Exchange, Lopez Holdings said...
Dyson, the world’s leading advanced technologies firm, yesterday announced the setting up a dedicated software laboratory in the Philippines to expand its operation in the production of intelligent and advanced machines with embedded software, firming up the country’s major role in the...
Trade and Industry Secretary Ramon M. Lopez is amenable to a proposal to review the mandate of the Philippine International Trading Corp. (PITC), which is alleged to have P33 billion in “parked” funds for the procurement projects of various government agencies. Trade and Industry Secretary...
Instagram A fit and toned Jennifer Lopez posed nude for the cover art of her latest single "In The Morning" which drops on November 26, Friday (Saturday in Manila). "Here’s the official cover art for #InTheMorning ✨ Single drops Friday ✨ read Jennifer's caption on Instagram. In two hours, the...
The Philippines has identified 90 investment leads with estimated initial project cost of $24.1 billion that are expected to materialize within a year, according to Trade and Industry Secretary Ramon M. Lopez. Lopez, who is also chair of the country’s premier investment promotion and generation...
While sustainability is just flourishing as a battle cry and pursuit for many corporations in the Philippines as underpinned by the implementation of the environmental, social and corporate governance (ESG) framework this year, First Gen Corporation Chairman and CEO Federico R. Lopez highlighted...
Trade and Industry Secretary Ramon M. Lopez expects the decline in the country’s GDP and unemployment rate will further slowdown to single digit in the last fourth quarter of this year as the economy continued to reopen. “We’re hoping for a single digit decline by the fourth quarter,” said...
