The country’s trade deficit widened in July amid the gradual reopening of the local economy. Philippine Export and Import Statistics July 2021 The Philippine Statistics Authority (PSA) reported Thursday, Sept. 9, that the gap in the trade balance, or the difference between the value of export and...
NutriAsia’s Silver Swan and Datu Puti brands remained the favorite staples in Filipinos’ kitchens as two of the Most Chosen Food Brands in 2020, according to the 2021 Kantar Asia Brand Footprint report. nutriasia The recently released report found that Silver Swan rose in the rankings by one...
Philippine Ambassador to Prague Ombra Jainal has called on Czech investors to take a look at the Philippines' positive business outlook being one of the top emerging economies and countries for investments in the region amid the ongoing onslaught of the COVID-19 pandemic. Philippine Ambassador to...
The Department of Trade and Industry (DTI) has issued new suggested retail prices (SRPs) allowing higher prices on basic necessities and prime commodities by as much as P2 on various categories, while some remained unchanged. Consumer group Laban Konsyumer Inc. (LKI) immediately assailed the...
Filings for intellectual property (IP) protection in the first half of 2021 posted a 20 percent year-on-year growth as the economy recovered further from eased lockdown restrictions, the Intellectual Property Office of the Philippines (IPOPHL) reported. In total, IP applications stood at 22,919....
The Intellectual Property Office of the Philippines (IPOPHL) is calling for startup applications to a recently launched incubation program seen to help increase the transfer of patented technologies to benefit local startups. Called the IPHatch Competition, the program is held by Singapore-based...
Commuters line up to board a bus along EDSA as the government enforces movement curbs against the coronavirus outbreak in this August 2021 file photo (Mark Balmores/Manila Bulletin) An official of the Department of Trade and Industry (DTI) said that at least one million Filipinos have returned to...
Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
Higher volumes at Asian Terminals Inc. (ATI)' s international gateway ports in Manila and Batangas boosted the operator's revenues for the first six months of 2021 by 8.2% to P5.47 billion versus the same period last year. ati_headoffice However, ATI's net income dipped 2% to P1.13 billion due to...
Around 160,000 business establishments will be as risk if and when the current enhanced community quarantine (ECQ) in Metro Manila gets extended beyond Aug. 20, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. A restaurant staff cleans a table to prepare for the arrival of diners...
The Philippine International Trading Corporation (PITC) has failed to construct a hospital for emerging and re-emerging infectious diseases despite receiving the funds for the project two years before the 2019 coronavirus disease pandemic struck. Research Institute for Tropical Medicine This was...
The country’s trade deficit narrowed in June to its lowest level in three-months, data from the Philippine Statistics Authority (PSA) showed. Port Area Based on the PSA report released on Friday, August 6, the gap in the trade balance, or the difference between the value of export and import,...
