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THE Philippines should improve the education curriculum to boost competitiveness of its future workers, business leaders said.
BRITISH technology company Dyson Ltd. is planning to open a software lab in Alabang, Muntinlupa City, creating 400 software engineering jobs for research and development (R&D) work over the next three years.
THE Intellectual Property Office of the Philippines (IPOPHL) said it received 135 intellectual property violation reports in the first nine months, which include the lockdown period, exceeding the total compiled during the four years to 2019 by 4%.
THE Board of Investments (BoI) said it is seeking to attract investment in electric vehicle manufacturing, including production of wiring materials, in which the Philippines enjoys advantages in terms of access to supply.
THE Board of Investments (BoI) approved P826 billion in investments in the first 10 months, nearly a fifth lower than the estimated P1 trillion in the same period last year.
FITNESS CENTERS have been required to allow paid-up members who were not able to use their facilities during the lockdown to return without making further payments, the Department of Trade and Industry (DTI) said.
TRADE SECRETARY Ramon M. Lopez said his department’s trading arm has accounted for all funds allocated to it, ahead of a possible Senate investigation into its finances.
A PROTECTIONIST stance by a Biden administration could come in the form of a tax on outsourced operations, which may dampen the prospects of the business process outsourcing (BPO) industry, the head of an industry advisory firm said.
THE plastics industry is under pressure from import competition at a time of global surpluses for the segment, as well as reduced activity during the lockdown, the industry association said.
THE European Union (EU) is giving around P60 million in emergency relief aid to families affected by Typhoon Ulysses. The funding will go to its...
By Jenina P. Ibañez, Reporter The outsourcing industry once again cut its revenue and employment targets up to 2022, as growth is expected...
ONLY 30% of local government units (LGUs) have taken measures to digitize their processes, the Department of the Interior and Local Government (DILG) said.
THE PHILIPPINES has signed on to an Association of Southeast Asian Nations (ASEAN) commitment to reduce trade restrictions on essential goods that help combat the pandemic.
THE Department of Trade and Industry (DTI) plans to process an additional 15,000 loan applications for micro-, small-, and medium-sized enterprises (MSMEs) affected by the pandemic before the end of 2020, falling short of its initial target.
AROUND 68% of mostly small and medium Philippine enterprises have been strongly affected by the coronavirus pandemic, according to a combined survey of around 500 Filipino firms.
EXPORTERS need to maximize their trade privileges for goods shipped to the United States due to the prospect of making inroads into the market currently served by Thailand after the kingdom’s tariff perks were suspended, a trade official said.
IMPORTED car sales declined by 16% in October, while the industry continues to look to more growth towards the end of the year.
THE GOVERNMENT has launched a program accelerating the grant of intellectual property (IP) protections for science and technology research it supports, which is intended to speed up the commercialization of any innovations developed.
PRESIDENT Rodrigo R. Duterte on Monday issued an administrative order giving a special risk allowance to health workers handling coronavirus patients.
THE benefits of improved market access brought about by the newly-signed Regional Comprehensive Economic Partnership (RCEP) will outweigh any disruption that less-competitive economies might experience, Fitch Solutions Country Risk and Industry Research said.
INDUSTRY ASSOCIATIONS are warning that the loss of fiscal incentives under a proposed tax reform bill could worsen employment conditions, which are already under pressure due to the coronavirus disease 2019 (COVID-19) pandemic.
FIFTEEN Asia-Pacific economies, including the Philippines, signed the world’s largest free trade deal on Sunday, with observers saying the deal could boost Philippine market access while others believe it would worsen the trade balance.
PLASTICS MANUFACTURERS said they may be forced to close down factories if their supply of raw materials is hindered by safeguard tariffs.
THE surge in fast-moving consumer goods (FMCG) sales during the holidays will be lower than the usual 20% seen in previous years, a market research company said.
THE department tallied 839,444 business registrations between January and early November, outpacing the 2019 full year by 32%, Trade Secretary Ramon M. Lopez said in an online event Wednesday.
THE SUGGESTED retail prices (SRP) for food products used for the traditional Christmas eve feast, or noche buena, will be kept after the Trade department released the same price list from a year earlier.
RETAIL SALES during the end-of-year holidays are expected to be subdued as the economy recovers, with consumers expected to keep a lid on spending due to the uncertainty caused by the pandemic.
https://open.spotify.com/episode/4euaqNlS9zoBEj1PPgI6tw Follow us on Spotify BusinessWorld B-Side The eight-month lockdown, one of the longest in the world, has kept much of the country’s workforce at home....