Philippine Economic Zone Authority (PEZA) Director General Charito B. Plaza has called for a holistic approach to address efficiency factors to sustain growth in economic zones in the next decades, which had generated P4.018 trillion in investments and $916.53 billion worth of exports over the last...
TransUnion Philippines has launched a one-stop credit scoring solution to ensure Filipino adults get improved scores and facilitate approvals of their credits. Dubbed CreditVision Link, the solution provides lenders with an enhanced ability to provide credit to millions of potentially valid...
An anti-dumping case against Vietnam cement is being pushed to further protect the domestic cement manufacturing industry from cheap imports being dumped into the country. MB file This was revealed by CEMEX Holdings Philippines President & CEO Ignacio Mijares at the Pacific Alliance and the...
The Philippines has been urged to reduce power cost for manufacturing projects to drive more investments in the country as the economy is largely skewed in favor of the overgrown services sector, a former chief economist of the government urged. During the virtual Pilipinas Conference 2021” Dr....
The Board of Investments (BOI) has approved the registration of Chinese-owned Sinoma Energy Conservation (Cebu) Waste Heat Recovery Co. Inc. as a new operator of a 4.5 megawatt (MW) power generating plant that will supply energy to a cement manufacturing plant in Cebu and consumers in the province....
The opposition coming from the farmers’ groups against the ratification of the Regional Comprehensive Economic Partnership (RCEP) has intensified, with as many as 45 groups with thousands of members combined claiming they were not consulted about the Philippines’ commitments on the treaty as...
The Department of Trade and Industry is targeting to generate at least $500 million worth of business agreements from the participation of 46 Filipino firms at the annual China International Import Expo (CIIE). Showcasing products for export from the Philippines during the CIIE 2021 DTI...
The general review of the Philippines-Japan Economic Partnership Agreement (PJEPA) has reached an impasse as Manila’s insistence that Tokyo includes in the renegotiation table - market access issue or preferential if not zero tariff rates for its agricultural products - fell on deaf ears. During...
The Philippines and the United Kingdom (UK) have agreed to launch an "enhanced partnership" on trade and investment, technology, security and defense, and coronavirus (COVID-19) response, among others. UK Foreign Secretary Liz Truss and Philippine Department of Foreign Affairs Secretary Teodoro...
Business groups are opposed to the proposed suspension of oil and electricity even as they called on presidential candidates and other politicians to carefully consider their request amid rising consumer prices in the country. “We understand the desire to bring relief to the public and offset...
The country's goods purchases from abroad rose at a much faster pace than the sales of Philippine-made goods overseas, bringing the nation’s trade deficit in September to its widest in nearly three years. The Philippine Statistics Authority reported on Friday, Nov. 5, that expenditures for...
The establishment of a centralized weighing scale to be called “Timbangan ng Bayan” in all public and private markets will be mandatory under a bill endorsed for enactment in the House of Representatives. The House Committee on Trade and Industry has submitted for plenary deliberation House...
