NAIA 9-month passenger traffic surpasses 2022 full-year tally
DOMESTIC and international passenger volume at the Ninoy Aquino International Airport (NAIA) surged to 33.76 million in the first nine months, exceeding 2022’s full-year...
Australia sees further opportunities in PHL agriculture, tech, education
AUSTRALIA’s investment and education promotion agency said it considers the Philippines a promising market for its agriculture, cybersecurity, and education companies.
Hydrogen eyed for power generation in draft Energy dep’t exploration rules
THE Department of Energy (DoE) said it drafted a policy that will set the guidelines governing the exploration and development of hydrogen resources for...
Limited gov’t funding for franchise trade shows seen as constraint on small business growth
THE Philippine Franchise Association (PFA) said limited government support for small businesses seeking to participate in international trade shows is one of the challenges...
Ex-BSP governor warns cost of tech adoption favors large companies, may curb competition
THE sheer cost of adopting new technology gives larger companies an advantage which could end up limiting competition, the chairman of SM Investments Corp....
Philippine food services industry sales expected to grow 20% in 2023, USDA says
GROWTH in the Philippine food services industry is projected at 20% this year amid a revival of hotels and tourism, according to the United...
How green supply chains create long-term value
By Benjamin N. Villacorte and Mary Andrea T. Bacani
Historically, sustainability was a “nice-to-have” item for executive boards. However, in recent years, environmental, social, and governance (ESG) considerations have gained considerable momentum. ESG...
Philippines’ bulk prices slow in August
The Philippines’ bulk prices eased year-on-year in August due to the high base effects of global crude oil prices last year, while a weaker...
US trade mission to visit in March, embassy says
THE US Embassy said a trade and investment mission will visit the Philippines in March to explore investment opportunities.
“In March next year, the Secretary...
Mindanao investment continues to be hindered by ‘unsafe’ stigma
THE stigma regarding the safety of Mindanao continues to hinder investment, Cagayan de Oro (CDO) city officials said.
John W. Asuncion, an economic development and...
BSP institute sees remittance reform potentially boosting economic growth
CUTTING remittance costs and expanding the available channels for sending money back home to the Philippines holds the potential for raising economic growth, the...
NIA, DENR sign agreement allowing repurposing of excess irrigation water
THE National Irrigation Administration (NIA) and the Department of Environment and Natural Resources (DENR) signed a memorandum of agreement (MoA) to redirect surplus irrigation...