The Board of Investments (BOI) has approved the P603 million general hospital project of Cagayan United Doctors Medical Center (CUDMC) to augment the high demand for hospital capacity in Region. The general hospital level 2 CUDMC, located in Tuguegarao City, is a five-story hospital that will cater...
EDITORIAL The Philippines and Korea have concluded negotiations for a bilateral Free Trade Agreement (FTA), more than two years after both countries agreed to achieve a comprehensive and future-oriented trade deal. A joint statement issued Tuesday, Oct. 26, announcing the conclusion of the FTA...
The Philippines and Egypt are mulling possible trade and investment opportunities for both nations, the Department of Foreign Affairs (DFA) said Wednesday, Oct. 27. Philippine Ambassador to Egypt Ezzedin H. Tago receives a token from Vice President of the Cairo Chamber of Commerce Ahmed El-Wasimi...
President Duterte has welcomed the signing of the Philippines-Republic of Korea (ROK) free trade agreement on Tuesday, Oct. 26. (Photos from Malacañang/ Unsplash) Speaking during the 22nd ASEAN-ROK Summit, Duterte says the trade pact is "needed for our economies to recover and bounce back,"...
Philippines and Korea have concluded negotiations paving the way for bilateral free trade agreement (FTA) that would further liberalize trade in goods between the two countries, including gradual elimination of tariffs on Philippine bananas and canned pineapple exports and exports of Korean...
Department of Labor and Employment (DOLE) Secretary Silvestre Bello III urged workers to report employers that are imposing a "no vaccine, no salary" policy as he reiterated that the practice is illegal. DOLE Secretary Silvestre Bello III (Photo from DOLE Facebook page) In a virtual media briefing...
Online purchases and orders via phone calls/SMS of senior citizens (SC) and persons with disabilities (PWDs) must be granted the mandatory discounts as provided under the law, according to two joint memorandum circulars (JMC) prepared by government agencies led by the Department of Trade and...
Philippine business and labor groups have passed a joint resolution calling on the Duterte administration to act on 11 recommendations, including addressing corruption and passage of Bayanihan 3, to ensure safe reopening of the domestic economy and protect lives. The 10 groups under the Leaders’...
The Philippines has batted for a transparent and predictable regulatory environment in the services sector more than providing access to services markets amid an uneven progress among economies in the Asia Pacific Economic Cooperation (APEC). Trade and Industry Secretary Ramon M. Lopez Trade and...
The Department of Finance (DOF) said the Philippines needs the passage of key economic reform measures to bring in more capital and spur job creation in the medium- to long-term. Finance Undersecretary Gil S. Beltran said Friday, Oct. 15, that Congress should pass the amendments to the Foreign...
MTD Philippines, a fully owned subsidiary of Malaysia’s top engineering conglomerate MTD Capital, has announced it is investing P12 billion over the next six years in the country. Patrick Nicholas David, president and CEO of MTD Philippines Inc. and chairman of Bandar Hebat Builders Inc. (BHBI),...
To help employers who are still reeling hard from the effects of the pandemic, the Department of Labor and Employment (DOLE) has suggested offering soft loans for them to pay for their employees' 13th month pay. (FILE PHOTO / MANILA BULLETIN) Labor Secretary Silvestre Bello III said he already...
