Travel agencies, tour operators, reservation service and related activities are allowed to reopen starting today, Oct. 16, according to the Department of Trade and Industry (DTI). Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Memorandum Circular No. 20-53...
Trade and Industry Secretary Ramon M. Lopez has assured that the implementation of the P3.27 billion Bureau of Fire Protection (BFP) procurement contract to the Philippine International Trading Corporation (PITC) for the construction of fire stations and supplies and equipment is on track. Trade...
A labor-employer-government meeting agreed in principle to ask government to extend a loan facility to micro enterprises to pay for the mandatory 13th month pay of their employees which is estimated between P500 million to P1 billion. Employers Confederation of the Philippines (ECOP) President...
San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang was given the prestigious Lifetime Contributor Award for the private sector at the 2020 Asia CEO Awards, touted to be the largest business...
San Miguel Corporation (SMC) has finished building the 17.93-km stretch of its P70-billion Skyway 3 linking Southern and Northern Luzon three weeks ahead of schedule. However, the expressway cannot be opened to the public yet, after continuous heavy rains delayed finishing works, such as the...
San Miguel Corporation (SMC) has been given the prestigious Global Excellence Award by the world business organization International Chamber of Commerce’s national committee in the Philippines. This is for the conglomerate’s efforts to keep the economy going, sustain and generate more...
As Senate continues to debate on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill emotionally, two big electronics companies are shutting down operations because of uncompetitive business environment, according to the Semiconductor and Electronics Industries in the...
San Miguel Corporation (SMC), in cooperation with the Technical Education and Skills Development Authority (TESDA), has expanded its livelihood skills and job training program in Sariaya, Quezon province. The program aims to address unemployment and lack of opportunities due to the Covid-19...
The Department of Finance (DOF) and the Board of Investments (BOI), which is under the Department of Trade and Industry (DTI), are at loggerheads again. Finance Secretary Carlos G. Dominguez III and DTI Secretary and BOI Chairman Ramon M. Lopez both used the 46TH Philippine Business Conference to...
Philippine athletes and officials parade during the closing ceremony of 30th SEA Games at New Clark City, Capas, Tarlac, December 11, 2019. (MB File Photo) THE Philippine Southeast Asian Games Organizing Committee (Phisgoc) clarified on Wednesday that out of the P6 billion government funding for...
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...
San Miguel Corporation (SMC), through San Miguel Foods Inc., has already procured a total of 436,209 metric tons (MT) of corn from local farmers as part of its commitment to the government to help with the purchase of locally produced food across the country during the pandemic. Moving forward, the...