Go green, go local ! Sustainable living has evolved from being just a fad to a collective movement which some Filipinos have seriously embraced. For those who have included adapting to a zero-waste lifestyle in their list of new year’s resolutions, here’s a quick list of local products that can...
Makati Shangri-La, the Philippines foremost business hotel located at the heart of the Makati business district along Ayala Avenue, today announced the temporary closure of their 30-year operation due to uncertain business condition effective February 1, 2021. (Photo from Makati Shangri-La’s...
The country’s Micro, Small to Medium Enterprises (MSMEs) has always been described as the lifeblood of the country’s business landscape that largely supports and spurs economic development and helps generate wide-scale employment. As of May 2019, 99.56 percent of business...
The reimposition of the 40 percent tariff on mechanically deboned meat (MDM) will bring in additional P5.5 billion revenues to the country, but will only mean minimal increase in prices for consumers, according to Samahang Industriya ng Agrikultura (SINAG). SINAG made this case as it formally...
The country’s trade deficit narrowed to its lowest level in five-months after exports accelerated while imports further contracted in November last year, data from the Philippines Statistics Authority (PSA) showed. The gap in the trade balance, or the difference between the value...
The Philippine government has lifted the ban on Brazilian poultry meat more than four months since making such a decision. In a memorandum, Agriculture Secretary William Dar said that based on the relevant information provided by Brazil, it has provided evidence that the safety protocols...
The United States Agency for International Development (USAID) has committed more funding to DELIVER-e application, a farmers-to-buyers digital platform recently launched in the Philippines. In a Webinar on Monday, USAID Acting Mission Director for Philippines Patrick Wesner said his agency...
Switzerland, one of the highest per capita countries in the world, has identified processed food, natural ingredients and value-added textiles as potential products that Philippines can export to their country and into the larger EU countries. Photo credit: https://www.sippo.ch/ A recent study by...
The COVID-19 pandemic has induced a marked decline in trade restrictions, the lowest number since 2012, as governments cooperate to stop the spread of the global contagion, according to the global trade body World Trade Organization (WTO). In its latest annual overview, WTO’s Trade Policy...
The country’s trade deficit narrowed in October this year as both exports and imports contracted, data from the Philippine Statistics Authority showed. The gap in the trade balance, which is the difference between the value of export and import, reached $1.77 billion in...
The Department of Finance (DOF) ordered the Department of Trade and Industry (DTI) to return to the government coffers the P32.6 billion sitting idle in the state-owned Philippine International Trading Corp. (PITC). In a statement, Finance Secretary Carlos G. Dominguez III said he has...
The Philippine peso’s rally has defied the odds as the global pandemic raged. Now as the currency stalls, the nation’s trade data could bring a second wind. A widening current account surplus and narrowing trade gap helped propel the peso to the top of the Asia-Pacific currency leader board by...
