The general review of the Philippines-Japan Economic Partnership Agreement (PJEPA) has reached an impasse as Manila’s insistence that Tokyo includes in the renegotiation table - market access issue or preferential if not zero tariff rates for its agricultural products - fell on deaf ears. During...
Business groups are opposed to the proposed suspension of oil and electricity even as they called on presidential candidates and other politicians to carefully consider their request amid rising consumer prices in the country. “We understand the desire to bring relief to the public and offset...
ShopeePay, Shopee’s integrated mobile wallet, has partnered with GHL Systems Berhad, to expand digital payment acceptance in the Philippines. In a statement, Shopee said, the partnership has brought its cashless payment solutions for businesses and consumers to over 83,000 merchant points...
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...
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...
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...
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...
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...
Only less than 100,000 displaced workers in the National Capital Region (NCR) will remain jobless, but some 300,000 employees are returning to work with the further easing of restrictions and reopening of more establishments at higher operating capacity starting Saturday, Oct. 16. “With most of...
Domestic downstream plastic products manufacturers have warned the government of dire repercussions should the petition for safeguard duty on imported raw materials High-Density Polyethylene (HDPE) and Low Linear Density Polyethylene (LLDPE) is approved, stating this would affect 417 downstream...
Flour prices are up 15 percent while other ingredients in breadmaking are also on uptick, putting pressure on prices of bread, particularly Pinoy Tasty and Pinoy Pandesal. Simplicio Umali Jr., president and general manager of the country’s largest bread manufacturer Gardenia Bakeries, said that...
