42% laid off workers Majority or 90.9 percent of companies are just operating at certain capacity while 42.4 percent have laid off employees either temporarily or permanently, according to a survey conducted by the Philippine Exporters Confederation Inc. (PhilExport). The PhilExport Survey on the...
The semiconductor and electronics industry is getting more optimistic of their growth this year with some players batting for a double-digit growth as against the overall industry projection of only 7 percent exports growth this year. The optimism was conveyed at the first quarter General...
Amid the popularity of the Philippines neighboring countries to foreign investors, Trade and Industry Secretary Ramon M. Lopez has called on American investors to take a closer look at its most loyal ally in southeast Asia and make the Philippines their natural investment destination. Lopez made...
Dismayed over the Philippines disaster responses in the recent typhoons, Business groups have urged Filipinos to move in an efficient fashion in partnership with local government units to mitigate the impact of climate change. “We express serious concern about the state of our...
The projected decline in Philippine electronics industry has been trimmed to 16 percent from the earlier 20 percent with players calling for the domestic industry to move up the value chain to meet demands for new technologies. Glenn Everett, general manager of Continental Temic Electronics...