Motorists are getting another round of relief as oil prices are set to go down further this week. Starting Tuesday, July 8, gasoline prices will decrease by ₱0.70 per liter, diesel by ₱0.10 per liter, and kerosene by ₱0.80 per liter. Shell Pilipinas, Seaoil, PetroGazz, and PTT are among the...
Senator Rodante Marcoleta has filed a bill seeking to remove the 12 percent value-added tax (VAT) on the sale of electricity at all stages, in an effort to lower power rates and alleviate the financial burden on Filipino households and businesses. “The Philippines remains to be one of the...
President Marcos has reaffirmed his administration’s commitment to strengthening the country’s coconut industry, citing its potential to create more rural jobs and increase farmers’ incomes. Marcos said this as he visited the Century Pacific Agricultural Ventures Inc. (CPAVI) plant in...
More affordable food for Filipino families and thousands of new jobs in the country are expected as the Department of Trade and Industry (DTI) granted Green Lane certifications to 31 food security projects. In a statement on Friday, July 4, Trade Secretary Cristina A. Roque said that the projects...
The Lithuanian government is looking to hire more Filipino workers in the transportation, maritime, and health sectors, with Defense Minister Dovilė Šakalienė citing Filipino workers’ “wonderful reputation.” In an interview with select members of Philippine media in Makati City on...
Conclusion Missed opportunities Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) President Victor Lim stated that the government must focus on stringent reforms to attract foreign direct investments (FDIs). In a report by the United Nations Conference on Trade and...
Women-led micro, small, and medium enterprises (WMSMEs) are now eligible to avail of loans of up to ₱20 million following the official launch of the Women’s Enterprise Fund. In a statement, the Department of Trade and Industry (DTI) said the loan program launched on Friday, June 27, setting the...
The post-pandemic digital age is accelerating faster than ever, and it is reshaping how businesses operate and adapt. But as technology advances, businesses that fail to evolve risk becoming outdated more quickly than before. Spain’s IE University has studied the rising career trends, such as...
The Department of Trade and Industry (DTI) said prices of basic necessities and prime commodities remain stable despite the recent surge in fuel prices. In a statement, the DTI said it is actively working with local manufacturers to maintain the current prices of goods despite a hike in fuel prices...
President Marcos has reaffirmed the country 's responsibility to invest in the long-term development of Filipino sailors by strengthening maritime education and improving deployment conditions. “Let this day renew our commitment to policies that uphold their dignity, expand their...
The local unit of Singapore-based e-commerce giant Shopee is rolling out proactive measures to ensure full compliance by sellers on its platform with the law cracking down on illegal activity in online shopping. In a statement to Manila Bulletin, Shopee Philippines said it will maintain its...
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is calling on the government to prioritize peace and order as the most urgent issue, following a recent statement from the head of the Department of the Interior and Local Government (DILG) labeling the country as...
