Philippine businesses do not see significant change in the US business relations either under a Democrat or a Republic leadership as they look for better economic opportunities in other countries having perceived the US government giving more support to other ASEAN countries than the Philippines,...
Production and sales of motor vehicles in the ASEAN region dropped by as much 41 percent in the January-August period this year with the industry still reeling from the pandemic, data from the ASEAN Automotive Federation (AAF) showed. Based on the AAF data published in its website, motor vehicle...
Yokowo Co., Ltd. has chosen the Philippines as location for its automotive wiring harness and components manufacturing and assembly operations after conducting due diligence spanning over 12 among ASEAN countries. In a statement, the Department of Trade and Industry said Yokowo plans to...
The Philippines experienced the highest increase in the usage of shopping apps in Southeast Asia in the second quarter this year, according to a report on the impact of COVID-19 on online shopping behaviors among six countries in the region. Data from iPrice Group’s Map of E-commerce report, in...
The Philippines ranked fourth as potential location site for EU businesses among countries in ASEAN, which also lost steam as EU favorite with new regions also being eyed as good sites for global supply chain relocation, a 2020 EU-ASEAN Business Sentiment Survey showed. Photo credit:...
The Department of Finance (DOF) has called on the Association of Southeast Asian Nations (ASEAN) to adopt a six-point action plan geared to enable the regional bloc to be more responsive to the new challenges posed by the pandemic. Finance Secretary Carlos G. Dominguez III (Bloomberg file photo)...
Electric vehicles (EVs) are projected to account for 21 percent of total vehicles on the road in the Philippines by 2030, ultimately becoming the third auto manufacturing hub in ASEAN and a global manufacturing hub for low cost transportation and commercial vehicles. This is part of the...
The Philippine Azkals pose for a team photo before their 2018 AFF Suzuki Cup match against Indonesia at the Bung Karno Stadium in Jakarta. The ASEAN Football Federation plans to stage the prestigious Suzuki Cup from April 11 to May 8 next year under the usual home-and-away format. AFF made the...
The ASEAN+3 Macroeconomic Research Office (AMRO) expects the Philippines to be the second-worst performing economy in the region this year as the coronavirus pandemic takes a heavier toll on the country. In a note sent to reporters on Thursday, AMRO further lowered its gross domestic product (GDP)...
The Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) said it will take the lead in crafting the national value chain roadmap for pork-based processed products in the Philippines. This will be...
The ASEAN Ladies Foundation, Inc. explores the plated treasures of Asia via the online series Flavorful Journeys . Food is the best way to know one’s culture. While visiting places, seeing beautiful horizons, and trying on traditional costumes can make you fall in love with a country, nothing can...
The Suzuki Cup was postponed to 2021 due to the coronavirus pandemic, the AFF announced. (AFF Photo) The ASEAN Football Federation on Thursday announced the postponement of the Suzuki Cup to 2021 due to the COVID-19 pandemic. Considered the biggest football tournament in Southeast Asia, the Suzuki...
