ADB approves PHL loan worth $500M to spur job recovery

THE Asian Development Bank (ADB) has approved a $500 million for the Philippines to aid in the government’s efforts to effect a recovery in...

Davao ICT industry targets doubling of BPM workforce

DAVAO’s information and communications technology (ICT) industry is planning to double the current business process management (BPM) workforce in the region to 150,000 by...

Marcos backing for RCEP premature, think tank says

PRESIDENT Ferdinand R. Marcos, Jr.’s declaration of support for the Regional Comprehensive Economic Partnership (RCEP) is premature pending the resolution of the agriculture industry...

Organics industry touts waste reduction approaches to mitigating climate change

THE organics industry said it advocates minimizing waste as a response to climate change, an approach that requires food waste to be minimized and...

DTI presses Senate to approve RCEP trade deal within quarter

THE Department of Trade and Industry (DTI) asked the Senate to ratify the Regional Comprehensive Economic Partnership (RCEP) trade agreement before the end of...

Marcos tells advisors he will certify E-Governance bill as urgent, backs RCEP

PRESIDENT Ferdinand R. Marcos, Jr. signaled his intent to certify as urgent a measure that will digitalize the bureaucracy to his business-sector advisors. The Palace...

Cash transfer programs deemed effective in protecting calamity-hit households

CASH TRANSFER programs were able to “effectively” protect typhoon-affected households from falling into extreme poverty, according to a study by the World Bank. “In the...

PHL urged to upgrade cybersecurity infrastructure, policies

A SOUTH KOREA cybersecurity solutions company said the Philippines urgently needs to fast-track upgrades to its cybersecurity infrastructure and policies as it emerges from...

PEZA announces push for locators serving domestic market

THE Philippine Economic Zone Authority (PEZA) said it is targeting locators hoping to sell to the domestic market. “Ultimately, domestic production contributes to gross domestic...

Meat tariff hearing highlights diverging agri, meat industry interests

THE agriculture and meat industries set forth their arguments on tariffs for imported meat and edible offal, ending up in opposing camps on the...

Swiss roadshow generates $24.7M in investment commitments

THE Philippines obtained an initial $24.7 million in investment commitments during a recent Swiss roadshow, the Board of Investments (BoI) said. In a statement on...

Think tank urges more focus on domestic industry, agri; skeptical about FDI impact

THE PHILIPPINES must focus on developing its own agriculture and industry and de-emphasize the pursuit of foreign direct investment (FDI), a progressive-leaning think tank...
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