Tag: Jenina P. Ibañez

THE Anti-Red Tape Authority (ARTA) said it will include fiber optics and broadcast tower projects to its list of telecommunications works where the permit process requires streamlining.

Philippine food companies participating virtually in the largest food and beverage trade event in Asia have been set a sales target of $14.05 million this year.

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COMPANIES in various industries are keeping a cautious outlook on recovery this year, after Malacañang decided not to loosen lockdown restrictions.

FEWER COUNTRIES will be exempt from duties placed on car imports after the government reassessed its developing economy classifications to comply with international rules, the Department of Trade and Industry (DTI) said.

PRODUCTIVITY in the outsourcing industry rose in 2020 following the extensive adoption of remote work arrangements, the Information Technology and Business Process Association of the Philippines (IBPAP) said.

AUTO WORKERS who sought safeguard duties on car imports asserted their standing to file such a petition after being queried about whether they actually represent the industry.

YAMAHA MOTOR Philippines, Inc. has launched a P2.7-billion factory expansion at the Lima Technology Center in Batangas to increase its Philippine manufacturing operations.

THE Coca-Cola Company plans to invest an initial $63 million (around P3 billion) in its Philippine operations this year to expand Luzon-based production.

THE Senate on Tuesday approved on third and final reading a measure seeking to expedite the procurement of vaccines against the coronavirus disease 2019 (COVID-19) and set an indemnification fund.

THE National Privacy Commission (NPC) is investigating a potential data breach involving 3.3 million users of online lending platform Cashalo, a joint venture between JG Summit Holdings subsidiary Express Holdings, Inc. and Hong Kong-based Oriente.

THE PHILIPPINES has again topped a global survey on the role of women in senior management, with more women taking on top roles in mid-market businesses compared with 29 other economies.

THE Board of Investments (BoI) has approved start-up company CHRG Electric Vehicle Technologies Inc. as a new domestic producer of electric vehicle (EV) fast chargers and retrofit kits under the Investment Priorities Plan.

THE Philippine Competition Commission (PCC) warned against the possible competition-weakening effects of a recently-signed law that will relieve banks of non-performing loans.

THE firms facing a complaint from the competition regulator for limiting condominium residents to an affiliated internet service provider (ISP) have denied impeding competition.

EXPORTERS said the Philippines’ trade privileges with the UK are currently underutilized, and urged businesses to tap the opportunities for duty-free export to that market.

THE latest Investment Priorities Plan (IPP) now recognizes as eligible for incentives any projects that facilitate the entry of patented technologies into the market.

THE National Privacy Commission (NPC) has recommended the prosecution of Pondo Peso online lending app operator Fynamics Lending Inc. for using the personal information...

San Miguel Corporation (SMC) on Friday said the Metro Rail Transit Line 7 (MRT-7) project is now 54% complete, on track for its opening...

Revolution Precrafted Properties Inc. is discussing potential settlements with suppliers and contractors that filed complaints against the start-up company with the National Bureau of...

The Ayala Corp. fund for startups will inject $2 million into internet distribution technology from a Singapore-based company, venture capital firm Kickstart Ventures Inc....

PHILIPPINE business groups on Thursday urged the government to further ease lockdowns to fast-track economic recovery amid a coronavirus pandemic.

CERAMIC TILES have been returned to the list of products that must be certified for quality before being allowed for sale in the Philippines.

THE GROWTH of the creative economy was stunted during the pandemic as entertainment industry operations either stopped or slowed down, the Department of Trade and Industry said.

THE LEGAL representatives of industry groups affected by safeguard duties on car imports are questioning the validity of the petition for the protection measure filed by a labor group.

THE Anti-Red Tape Authority (ARTA) has asked the Bureau of Animal Industry (BAI) to automate its processes to help bring down the cost of produce and contain inflation.

THE COUNTRY’S sole newsprint manufacturer is looking to restart operations in the second half after it stopped production last year.

THE National Privacy Commission (NPC) is warning teachers against posting on social media photos or video clips collected from online classrooms to protect the privacy of students.

THE Department of Trade and Industry (DTI) may draft an order against installment-only payment schemes for vehicles, including motorcycles.

DMCI PROJECT Developers, Inc. (DMCI Homes) recently launched the second tower of its Allegra Garden Place condominium in Pasig City as it anticipates growing demand.

OUTSOURCING firm Alorica Philippines is expecting its revenues to grow 10-15% this year as demand from the retail and logistics industries requiring more customer service assistance swells.

THE Philippine Competition Commission (PCC) is pursuing a competition complaint against Greenfield Development Corp. after the property developer required residents of its Mandaluyong condominium to sign up for its affiliated internet service provider (ISP).

THE EXPORT INDUSTRY is expecting the agriculture sector to lead some export recovery this year, while manufacturing growth will remain slow.

TURNITIN Philippines is partnering with local universities to upskill staff in using its technologies in 2021.

THE Department of Health (DoH) reported 1,928 coronavirus cases on Sunday, bringing the total to 549,176.

THE Philippines’ foreign direct investment (FDI) performance in 2020 has become the subject of contention after the United Nations Conference on Trade and Development (UNCTAD) projected that the country “bucked the trend” in Southeast Asia with a gain of 29% to $6.4 billion.

THE AUTO INDUSTRY is showing hints of recovery, as car sales in January dipped by 1.4% year on year, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported on Thursday.

THE steel industry does not expect to apply for new safeguard duties following the expiry of the last round of duties in 2019, after concluding that manufacturers have since recovered.

PHILIPPINE EXPORT performance remains below East Asian economies that are leading global trade recovery, a United Nations (UN) report said.

THE Department of Trade and Industry (DTI) views electric vehicle manufacturing as a possible area where the Philippines could enjoy a competitive advantage within a 15-country trade bloc which Manila joined last year.

A SLOW RECOVERY in property prices will likely begin in 2022, as capital values last year fell more sharply than the decline seen during...

HOSPITALITY-INDUSTRY professionals are asking the government to loosen its restrictions on events like weddings, noting that hosting such events would help make up for...

AUTO REPAIR shops and freight forwarders may be required to seek accreditation as a consumer protection measure, the Department of Trade and Industry (DTI)...

MCDONALD’S Philippines shuttered 30 stores last year after lease expirations and some concerns with financial sustainability.

INTEREST in commercial properties within central business districts, as well as residential spaces may increase this year as market sentiment improves, online property market place Lamudi said in a report on Thursday.