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Tag: Jenina P. Ibañez
MOTOR VEHICLE sales in the country continued their recovery in October as the industry recorded its “highest monthly sales” so far this year, the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) reported on Thursday.
PHILIPPINE food manufacturers will head to Germany’s organic trade fair BioFach to promote their coconut products, the Department of Trade and Industry’s Center for International Trade Expositions and Missions (CITEM) said in a statement Thursday.
ISUZU Philippines Corp. (IPC) is seeking to meet with the Department of Trade and Industry (DTI), which is evaluating a petition seeking the imposition of safeguard duty on imported vehicles.
THE Department of Trade and Industry (DTI) said it is working with data scientists to draft the government’s Artificial Intelligence (AI) road map.
THE Philippine Metalworkers Alliance (PMA) has submitted an application to investigate possible safeguard measures on imported automobiles to the Department of Trade and Industry, the first such application from a labor group in the Philippines.
THE Department of Trade and Industry (DTI) said it will investigate the alleged proliferation of substandard steel after legislators cited the damage to buildings caused by recent earthquakes in Mindanao.
PRESIDENT Rodrigo R. Duterte has ordered the inclusion of hollow blocks in the list of products for mandatory certification after questions about the quality of building materials emerged following recent earthquakes.
GOVERNMENT agencies are proposing programs to address job losses caused by the possible contraction of the manufacturing sector due to increased automation, officials said at an economic forum.
THE COUNTRY’s trade gap shrank from a year ago in September as a bigger decline in merchandise imports tempered the impact of the first drop in six months for foreign sales of Philippine goods, according to data which the Philippine Statistics Authority (PSA) released on Wednesday.
SOUTH KOREAN companies are looking to invest in the “Build, Build, Build” program to help address the country’s infrastructure constraints, Seoul’s Ambassador to the Philippines Han Dong-Man said at an investment forum Wednesday.
THE Philippines was fifth among regional economies in attracting foreign direct investment (FDI) in 2018, with the region taking in a record $155 billion overall, equivalent to 11.5% of the global total, up from 9.6% in 2017.
MARITIME trade growth has slowed due to trade tensions and protectionism, with the Philippines expected to benefit in a minor way from substitution, the United Nations Conference on Trade and Development (UNCTAD) said.
THE Department of Trade and Industry (DTI) said it heard proposals for potential investments worth $215 million from Japanese companies at the Philippine-Japan Business Investment Forum.
CEBU CITY has been counted among the 246 UNESCO Creative Cities around the world, becoming the second Philippine city after Baguio to bag the recognition.
ANY IMPACT on the Philippines by Hong Kong’s economic hit from five months of unrest will likely be felt on the merchandise export and remittance fronts, economists and an export leader said on Tuesday, even as they said any negative effect on the overall economy should be minimal.
ALVEO LAND, INC. is looking to attract local entrepreneurs and investors to the commercial district of its 120-hectare estate Broadfield in Biñan, Laguna.
THE Department of Trade and Industry (DTI) said it concluded a technical assistance agreement with the University of the Philippines (UP) Law Center, which will help put together its e-commerce industry plan.
THE Business Software Alliance (BSA) said it hopes to make half of the 10,000 companies it has identified as users of illegal software convert to licensed products by 2020.
THE Information Technology and Business Process Association of the Philippines (IBPAP) is in talks with Metro Manila mayors to find ways to continue building outsourcing centers in the capital despite a national government suspension of economic zone approvals intended to divert the industry to the countryside.
MANILA WATER Company, Inc. reported 100% adherence to its rotational service schedule in the eastern part of Metro Manila and Rizal on Oct. 24, the first day of the renewed supply interruptions.
QUEZON CITY dominated the annual list measuring the competitiveness of local government units (LGU) in the country for the fourth time, elevating the city to the Hall of Fame of the Cities and Municipalities Competitiveness Index (CMCI) 2019 released on Thursday.
THE Philippine Competition Commission (PCC) is working with ride-hailing app Grab Philippines to ensure fare increases are reasonable, as it dominates the market after taking over Uber’s local operations last year.