The Philippines ranked the lowest among major ASEAN countries in taking advantage of the tariff advantage in the US market following the US-China trade war. The “The Impact of Section 301 Tariffs on China: An Analysis of US Import Trends for Indonesia and Select ASEAN Neighbors since 2017”,...
The Green Climate Fund (GCF) has created a financing window to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic. In a statement, the Asian Development Bank (ADB) said on Monday, March 22, that GCF has...
Trade and Industry Secretary Ramon M. Lopez has raised the likelihood of allowing lower tariffs on rice from India as a way of minimizing tariff barriers for the Philippines very vital commodity. Lopez mentioned this during the Philippines Federation of Indian Chambers of Commerce (FICCI) and the...
Filipino consumers are moderately empowered with a high score of 93 higher than the ASEAN average of 82, according to the first ASEAN Consumer Empowerment Index (ACEI). The ASEAN Consumer Empowerment Index (ACEI) under the ASEAN Strategic Action Plan on Consumer Protection (ASAPCP) 2016-2025 seeks...
ABS-CBN Corporation was again honored for its good corporate governance alongside other top organizations in the Philippines in the ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. Just like in 2018, ABS-CBN was the only media company that made it among the outstanding domestic...
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
Motor vehicle sales in ASEAN plunged 29 percent in pandemic year 2020 with all countries in the red with Indonesia and the Philippines posting the steepest declines, data from the ASEAN Automotive Federation (AAF) showed. Based on the AFF data, ASEAN countries’ combined sales reached only...
Italian businessmen have committed to prioritize the Philippines for their expansion programs in the ASEAN region. Enrico Letta, President of Associazione Italia-ASEAN said during the recent “Italy-Philippines: Discovering the Opportunities” webinar, co-organized by the Italian Chamber of...
The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Thailand is like pointing its fingers back to themselves as the fellow ASEAN country urged Philippines to follow the multilateral trading body - World Trade Organization (WTO), which ruling Thailand ignored for the past 10 years. Thailand’s Department of Industry and Commerce was represented by...
Jason Brickman took an initial step in finally making his entry in the PBA after being one of the early applicants for the Rookie Draft slated March 14. The PBA’s official website said that the former playmaker of San Miguel Alab Pilipinas and Mighty Sports Philippines was one of six players who...
The decline in auto industry sales in ASEAN quickened as of October this year to 33.9 percent as sales further slowed down two months before the year 2020 ends. Data from the ASEAN Automotive Federation showed there were only 248,424 units sold in October bringing total regional sales to...
