Tag: Jenina P. Ibañez

BARRIERS to financing for Filipino women entrepreneurs have been aggravated by the pandemic, social enterprise incubator Villgro Philippines said.

THE intellectual property office is seeking further enforcement powers to order the removal of social media posts selling counterfeit or pirated goods and materials.

PRESIDENT RODRIGO R. Duterte on Friday signed the anti-terrorism bill despite widespread calls for a veto and further consultations on provisions that could infringe...

The country’s intellectual property office will work with government think tank Philippine Institute for Development Studies (PIDS) on intellectual property research projects and policy...

THE government is considering increasing restaurant dine-in capacity and resetting the level of permitted hotel activity in areas under general community quarantine (GCQ), Trade Secretary Ramon M. Lopez said.

THE Philippine Chamber of Commerce and Industry (PCCI) called for the easing of travel restrictions in order to aid the recovery of airlines.

THE Small Business Corp. (SB Corp.), which expects to start disbursing loans to qualified businesses by the end of July, has received loan applications that are more than double the P1 billion initially budgeted for lending.

THE Department of Trade and Industry (DTI) issued a warning to delivery company PH Global Jet Express, Inc. or J&T Express over its alleged mishandling of packages, and ruled that merchants will be responsible for replacing damaged products.

THE Philippines could lose up to $22.64 billion (P1.13 trillion) or seven percent of GDP if the tourism standstill caused by the pandemic extends to 12 months, the United Nations Conference on Trade and Development (UNCTAD) said in a report.

A PARTNERSHIP between the government and private sector identified 25 new cities for outsourcing development, as part of efforts to redirect opportunities towards the countryside.

START-UPS struggled during the lockdown because of restrictions on movement and declining cash, and are now looking to companies to partner with and provide investment, QBO Innovation Hub President Rene S. Meily said.

MANY business process outsourcing (BPO) companies expect flat growth or a contraction this year, while some big businesses still hope to grow by single-digits amid the pandemic, according to an informal poll conducted by the Information Technology and Business Process Association of the Philippines (IBPAP).

THERE will be fewer regional super malls and more town centers as the pandemic forces a drastic change in consumer behavior, according to a leading urban planner.

DATA BREACH notifications at universities and colleges reached 19 in the first six months this year, exceeding the 18 in full-year 2019, the National Privacy Commission (NPC) reported on Sunday.

FACEAPP’S privacy policies have improved in the past year, the National Privacy Commission said when it reassessed the popular editing application after cybersecurity experts flagged the risks of uploading personal images.

THE business process outsourcing (BPO) industry is scaling down its upskilling program to about 1,000 employees this year as it shifts to online training sessions due to disruptions caused by the pandemic.

PHILIPPINE TRADE is seen to gradually benefit from easing restrictions from the world’s largest economies, after steep declines in global trade were somewhat tempered by government responses to contain the pandemic.

THE Department of Trade and Industry (DTI) has lifted the buyer limit on essential goods like food and hygiene products imposed during the lockdown, while also easing the restrictions on disinfectant liquids.

THE Philippines has joined its trade partners in committing to sign by November a 15-country regional trade deal that includes Asia’s largest economies except India.

OUTSOURCING firm Teleperformance Philippines plans to open a new office in Cavite by the third quarter as it signals optimism about the growth of the sector throughout the health crisis.

THE Philippines has notified the World Trade Organization (WTO) about its plan to investigate proposed safeguard measures on various iron and zinc imports at the request of its steel industry.

A MAJOR Taiwan bicycle manufacturer has expressed interest in establishing production in the Philippines to support the expected surge in bike riding due to limited transport options after the lockdown.

THE PRESIDENTIAL Palace on Monday said the executive department is collaborating with legislators for the passage of a law that will extend the President’s emergency powers for response measures on the coronavirus disease 2019 (COVID-19) crisis.

https://open.spotify.com/episode/3QYK6sxokTsbp5vvKzBHlY Follow us on Spotify BusinessWorld B-Side Artificial intelligence (AI) may be the key to helping the Philippine economy get back on its feet. Without sufficient...

THE government has no immediate plans to revise a fiscal support program for automotive companies investing in local production after industry sales slumped due to the pandemic.

ADVANCE payments for events that have been canceled or scaled down due to lockdown restrictions must be refunded, the Department of Trade and Industry (DTI) said.

THE Philippines must improve its digital infrastructure to boost competitiveness while also increasing its resilience to crises like the pandemic, a National Economic and Development Authority (NEDA) official said.

THE OFFICE of the Ombudsman has formed two teams to investigate alleged anomalies committed by health officials, including Secretary Francisco T. Duque III, in the government’s response to the coronavirus disease 2019 (COVID-19) outbreak.

THE Trade department’s export marketing arm is planning a P25-million program to connect small businesses to consumers in the United States through e-commerce.

THE Philippines inched just one notch higher in an annual global competitiveness report that placed the country among the lowest in Asia and the Pacific, as it showed no improvement in any of four key factors studied.

THE number of German investors anticipating a significant decline in sales due to the pandemic has doubled since April, a survey conducted by the German Philippine Chamber of Commerce and Industry (GPCCI) said.

THE Philippine Economic Zone Authority (PEZA) is asking for P100 billion from the government’s proposed economic recovery program to help develop more public economic zones.

AUTOMOTIVE sales plunged to just over a hundred units in April, before recovering in May as lockdown restrictions began easing around the country.

CONSUMERS may soon start buying “indulgent” products as lockdown restrictions ease around the country, Nielsen Philippines Executive Director John Patrick Cua said.

MANUFACTURERS are recovering operations this month after disruptions in the packaging supply chain during the lockdown cut production by as much as half.

THE Tourism department will permit partial dine-in operations at hotel restaurants in areas under general community quarantine starting June 15.

RESTAURANTS may soon be allowed to resume limited dine-in operations in Metro Manila and other areas under a general community quarantine.

PHILIPPINE exporters are pushing for local consumers and businesses to prioritize their products as they shift to the domestic market while recovering from the effects of the pandemic.

START-UP companies have difficulties accessing financing as the intellectual property-based organizations do not meet the asset and business timeframe requirements.

A DOZEN new economic zones approved this year are expected to attract P6.4 billion worth of investment, including seven new zones proclaimed in the last month.

THE Anti-Red Tape Authority (ARTA) is extending the deadline for government agencies to report on their compliance with a Palace order to streamline regulation.

THE Philippine Economic Zone Authority (PEZA) said it hopes to provide jobs for repatriated Filipino workers at ecozones in the countryside while tapping more domestic suppliers to minimize disruptions in the supply chain for imported materials.

THE Philippines has proposed an agenda for talks with Mexico to form a joint economic commission ahead of a possible free trade agreement (FTA), the Department of Trade and Industry (DTI) said.

EMPLOYEES’ return to work can prove risky if workplace safety guidelines drafted to protect them from the coronavirus disease 2019 (COVID-19) are not refined for specific industries, a health care professional said.

THE Philippine Chamber of Commerce and Industry (PCCI) said Congress needs to pass laws further opening up the economy to foreign investment by August to help the economy recover from the impact of the pandemic.