To advance climate-resilient, sustainable cities in the Philippines, the Organization for Economic Cooperation and Development (OECD) is urging the government to put in place an integrated and centralized framework that would attract green private investments. "The Philippines faces several...
The Philippines is consolidating state-run corporations in hopes they would attract and retain top talent by being competitive with private-sector salaries. The Organization for Economic Cooperation and Development (OECD) group of rich nations noted in a Dec. 11 report that the Philippine...
In Asia-Pacific, Filipinos enjoy pension amounts that are closest to their pay before retiring, according to the Organization for Economic Cooperation and Development (OECD). In its Pensions at a Glance Asia/Pacific 2024 report published on Dec. 6, the OECD said that at 72 percent, the Philippines...
A Canadian trade mission composed of a "powerhouse delegation" is coming to the Philippines next week to promote business opportunities in Canada, the country's ambassador to Manila announced Wednesday, Nov. 27. Canadian Ambassador David Hartman said business representatives, entrepreneurs, and...
The Asia-Pacific Economic Cooperation (APEC) has intensified its push for its own free-trade agreement among its 21 member-economies to complement as well as fill in the gaps of existing FTAs in the region. The 2024 APEC Leaders' Machu Picchu Declaration in Lima, Peru, last Nov. 16 also committed...
The finance chiefs of the 21-member Asia-Pacific Economic Cooperation (APEC) have established a public-private Sustainable Finance Initiative (SFI) to foster inclusivity and resiliency in the region. In a statement, APEC said the SPI is "a flexible, voluntary and non-binding collaboration tool...
A decade after the Cebu Action Plan was crafted in the Philippines, finance ministers of the Asia-Pacific Economic Cooperation (APEC) will come up with a new non-binding five-year roadmap attuned to the regional challenges of these times. "Despite the reduction of inflationary pressures and gradual...
MANILA/SAN FRANCISCO – Reinvigorating tourism influx as well as tighter cooperation in the aviation industry had just been pulled off by the governments of the Philippines and the United States with the recent launch of United Airlines’ direct flight to San Francisco, California, which is...
Southeast Asian countries and Gulf states have agreed to uphold peace and security, address climate change and other mobility issues, and promote free trade while supporting small businesses. ASEAN-GCC SUMMIT — President Ferdinand 'Bongbong' Marcos joins his fellow leaders from the...
President Ferdinand "Bongbong" Marcos Jr. said there were three areas of partnership that the government and business sectors could get into to ensure the country's sustainable growth and promote efforts toward climate action. *President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot)* Marcos...
CEBU CITY – President Ferdinand R. Marcos Jr. will be here on Friday, July 28, for the Asia-Pacific Economic Cooperation Business Council Summit and the inauguration of the National Museum Philippines-Cebu. The Police Regional Office-Central Visayas (PRO-7) will be on full alert to ensure the...
ABAC Philippines will spotlight the critical role of micro, small, and medium-sized enterprises (MSMEs) in the global economy, and their relevance in business compliance to the environment, social, and governance (ESG) metrics. This was announced by Asia Pacific Economic Cooperation Business...
