World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. The WTO forecasts that merchandise trade volume could fall 9.2 percent in 2020 less than the 12.9...
The Philippines and Germany have agreed to strengthen bilateral cooperation in manufacturing, construction and innovation at the successful convening of their inaugural Joint Economic Commission (JEC). The Philippines-Germany Joint Economic Commission Co-Chairs Parliamentary State Secretary Marco...
Trade and Industry Secretary Ramon M. Lopez is batting for the restoration of the P500 million budget for shared service facilities (SSF) program into the 2021 budget to achieve at least a P1 billion fund allocation next year for this program. Trade and Industry Secretary Ramon Lopez. (ALFRED...
There has been a changing of the guards at Lopez Holdings Corporation with the resignation of Chairman Emeritus Oscar M. Lopez and Vice Chairman Eugenio Lopez III for “personal reasons.” Oscar M. Lopez (left), and Eugenio Lopez III .( Photo credit:...
Trade and Industry Secretary Ramon M. Lopez said they will issue an advisory to the mayors and local government units (LGUs) allowing them to determine the extent of further reopening of business establishments from the current 50 percent. Trade and Industry Secretary Ramon Lope (ALFRED FRIAS /...
The Philippine Association of Meat Processors Inc. (PAMPI) expressed its full support to the proposal of Trade Secretary Ramon Lopez to allow more businesses to operate at their rated capacity to prevent the economy from further deterioration. “While we recognize that there are risks associated...
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez has called for full reopening of business establishments even for those located in areas still under the general community quarantine (GCQ) areas so that Filipinos can...
The private sector-driven electric vehicle (EV)industry in the Philippines has already generated ₱1.305 billion in investments with annual production capacity of 150,000 units of a wide range of electric vehicle models as the country aims to become a regional production hub for clean and...
ABS-CBN Corporation announced that Eugenio “Gabby” Lopez III has tendered his resignation as Chairman Emeritus and Director of ABS-CBN Corporation “for personal reasons.” Eugenio “Gabby” Lopez III (Photo credit: https://www.abs-cbn.com) Lopez also tendered his resignation as...
Trade and Industry Secretary Ramon M. Lopez yesterday categorically said there is no reason for the EU to withdraw the duty-free privilege on the Philippines 6,274 export products. Trade and Industry Secretary Ramon M. Lopez “There is no reason to withdraw EU-GSP Plus,” said Lopez during...
Kapuso actress Sanya Lopez has said that she is growing accustomed to the new normal. “Hindi pa rin ako gaanong nakakalabas dahil puro work from home lang ang ginagawa ko na binibigay sa akin ng GMA and endorsements. If I may count it mga three times lang akong nakalabas, yung nagtaping ako for...
It is almost back to the old normal but new ways of operating with only a minority of 6 percent of businesses have remained closed, according to the latest survey by the Department of Trade and Industry. DTI Secretary Ramon M. Lopez reported that only 6 percent of companies have remained...
