Home Tags Janina Lim
Tag: Janina Lim
THE Philippine Competition Commission (PCC) has approved final guidelines for notification requirements covering future joint ventures (JVs).
THE foodpanda Group plans to expand into six more cities until 2019 as it tries to catch up with the fast-growing e-commerce market in the country.
THE Department of Trade and Industry (DTI) said it will seek to revoke the business permits of rice retailers who do not offer more affordable types of rice.
EXPORTERS have expressed their support for the clustering of shipping and manufacturing hubs to lower logistics costs and make exports more competitive.
THE Department of Trade and Industry (DTI) is seeking to import an additional 150,000 metric tons of rice under a government-to-government scheme, saying that the process will take less time than an open tender.
THE PHILIPPINE STOCK EXCHANGE index (PSEi) retreated on Friday from Thursday’s gain that had otherwise snapped six straight sessions of losses, as lack of compelling leads gave way to pessimism in the face of a huge storm that was expected to hit Luzon’s farms hard on Saturday at a time of spiking inflation.
THE Department of Trade and Industry (DTI) said 41 manufacturing and retail firms have agreed to delay price increases as an inflation-control measure.
ELECTRONICS EXPORTS in the first seven months grew 5.38% year-on-year to $21.61 billion, the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said.
FOREIGN CHAMBERS welcome the government’s infrastructure development push and unveiled their annual list of recommendations to further push this drive, but believe efforts to streamline incentives would make the country less attractive to investments.
THE CHAIRMAN of the Senate’s economic affairs committee said he is open to retaining the 5% gross income earned (GIE) tax incentive as a means of maintaining competitiveness as legislators work on the latest tax reform law, known as TRABAHO (Tax Reform for Attracting Better and High-quality Opportunities).
THE business lobby said inflation can be kept in check with changes to agricultural policy, particularly with long-term reforms to address systemic production shortfalls in the sugar, rice and fishing industries.
SHARES opened the week on a flattish note as investors went bargain hunting, while some were still reeling from last week’s news, particularly the faster-than-expected inflation print and the US’ threat of more tariffs on Chinese products.
THE Department of Trade and Industry (DTI) said it expects most deals signed with companies in Israel and Jordan will start to be implemented within the year.
THE Department of Trade and Industry (DTI) said it is pushing to expand exports to China in the wake of growing demand, as reflected in robust Philippine participation in Chinese trade shows.
FAST FOOD giant Jollibee Foods Corp. (JFC) is partnering with celebrity chef Rick Bayless to expand the latter’s Mexican casual restaurant chain in the United States.
NESTLE Philippines, Inc. on Friday said it is not planning to close “any of its manufacturing facilities in the Philippines.”
THE Department of Trade and Industry (DTI) has urged the Philippine Anti-Corruption Commission (PACC) to take part in the crafting of the Ease of Doing Business law’s implementing rules and regulations (IRR) after the former criticized the “delay” in its completion.
THE DEPARTMENT of Trade and Industry (DTI) has added more items in its suggested retail price (SRP) list for manufactured basic necessities and prime commodities.
NESTLÉ Philippines is seeking clarity on the Quezon City ordinance banning the sale of junk food and sugary drinks near schools, as more local government units are planning to follow the city’s example.
B/E Aerospace B.V., based in Florida, is seeking pioneer status for three aircraft interior projects to qualify for incentives granted by the Philippine Economic Zone Authority (PEZA).
THE BRITISH CHAMBER of Commerce of the Philippines (BCCP) said it remains positive on the Philippines’ growth potential despite problems posed by inflation, higher taxes and interest rates.
THE Department and Trade and Industry (DTI) said it hopes to attract more investment from European Union (EU) medical technology companies, citing the potential for domestic demand growth created by the surging health care needs of elderly patients.
THE Philippines was 10th in a ranking of 20 countries — including the United States and 19 Asian economies — in a measure of long-term trade sustainability, the 2018 Hinrich Foundation Sustainable Trade Index.
CHIEF EXECUTIVE OFFICERS (CEO) in the Philippines remain confident about business prospects over the next 12 months despite mounting uncertainty from global trade tensions and monetary tightening, regulatory changes at home and the challenge posed by disruption, according to results of a survey conducted by PwC Philippines for the Management Association of the Philippines (MAP) that were released on Monday.
THE Philippines is considering a preferential trade agreement with South Korea to ease access for its banana exports, or may seek to include provisions for banana exports in the Association of Southeast Asian Nations (ASEAN) free trade agreement.
THE Organisation for Economic Cooperation and Development (OECD) said it found an improved policy environment for Small and Medium Enterprises (SMEs) in Southeast Asia since its last survey in 2014, particularly in terms of e-commerce access.
THE GOVERNMENT-run Small Business Corp. (SB Corp.) announced yesterday that it has started releasing loans to micro enterprises affected by the six-month shutdown of resort island Boracay, more than four months since the closure started on April 26.
INDIA EXPECTS additional direct flights to and from the Philippines to expand visitor traffic both ways, its ambassador said.
COCA-COLA FEMSA S.A.B. de C.V.’s decision to sell its stake in bottling operations in the Philippines has been deemed a credit positive by Moody’s Investors Service, as the proceeds are expected to be used to reduce the company’s debt.
THE Department of Trade and Industry (DTI) has updated the implementing rules and regulations of the Business Name (BN) Law to incorporate an industry benchmarking system while harmonizing it with the Ease of Doing Business (EoDB) Act of 2018, among other laws.
UNIVERSAL ROBINA Corp. (URC) on Thursday said it is acquiring the sugar milling and refining assets of Roxas Holdings, Inc.’s (RHI) subsidiary in Nasugbu, Batangas.
MARIKINA City’s shoe industry said two of the city’s educational institutions may start offering degree programs in footwear development next year.
THE Department of Trade and Industry (DTI) threatened wet market vendors with closure or price controls if retail prices do not more closely mirror the decline in farmgate prices.
NINE PHILIPPINE-MADE products were recognized at the 2018 Great Taste Awards, with a pili nut snack receiving the highest three-star ranking.
THE Philippine Competition Commission will ask the Department of Information and Communications Technology (DICT) to incorporate the commission’s recommendations in the selection criteria for the telecom industry’s third entrant, the so-called third player.
THE meat processing industry is proposing measures to help streamline the importation process for its raw materials, including the removal of certain permits.