The Department of Trade and Industry (DTI) supports the Department of Science and Technology’s (DOST) push for innovation that would help entrepreneurs survive amid the global health crisis.
At DOST’s Science for the People book launch Thursday, DTI Secretary Ramon Lopez said the government …
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The fishing town of San Francisco on Camotes Island now treats waste water from its public market through a PHP10-million Korean facility to preserve the surrounding pristine beaches and preventing pollution in the area’s rich marine resources.
Mayor Alfredo Arquillano Jr. on Thursday …
Read MorePreparatory works have commenced for the development of a PHP120 million “business hub” in Malungon town, Sarangani province.
Engr. Marcus Antoño Zagales, Malungon municipal engineer, said Monday the business center will be constructed in a property situated at the town’s main commercial center in …
Read MorePresident Rodrigo Duterte has asked the leaders of both the Senate and the House of Representatives to pass additional legislation that would expedite the assistance for the business community affected by the coronavirus disease 2019 (Covid-19) pandemic, Malacañang said on Thursday.
Presidential Spokesperson Harry …
Read MoreThe Cebu provincial government on Wednesday said all mayors of Cebu’s 44 towns and the cities of Carcar, Bogo, and Talisay have joined in its stand against the unsustainable domestic transport and sale of dolomite and related minerals from the southern town of Alcoy.
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Read MoreThe global tourism sector lost about USD460 billion in the first half of 2020 due to the drop in international travel worldwide caused by the coronavirus pandemic, the UN World Tourism Organization said on Tuesday.
“The massive drop in international travel demand over the …
Read MoreA ranking Pru Life UK official forecasts about 6-8 percent expansion for the Philippine economy in 2021, a turn-around from the expected negative print this year because of the pandemic.
Charles Wong, Pru Life UK investments assistant vice president and head of equities, said …
Read MoreThe Manila Restaurant Week has formally kicked off on Tuesday at the Manila Hotel, which seeks to help businesses in the city of Manila as the country gradually reopens the economy.
Manila Mayor Francisco “Isko Moreno” Domagoso, during the launch, said this would help …
Read MoreAt least 15 home-grown entrepreneurs joined a pop-up bazaar held at the Imelda Cultural Center in Batac City from Thursday to Saturday.
Showcasing artisanal products with a touch of Abel, home-cooked meals and desserts, coffee, ceramics, and plants, among others, the emerging small and …
Read MoreThe Philippine National Police (PNP) reported that 31 more police officers contracted the coronavirus disease (Covid-19), bringing the total number of cases among its ranks to 4,868.
As of Thursday evening, the PNP Health Service said of the 31 new infections, 20 were from …
Read MoreThe Davao City Investment and Promotions Center (DCIPC) has approved investments in the property and manufacturing sectors worth more than PHP2.1 billion, its chief, April Dayap, said Tuesday.
Dayap identified the investments as the Acacia Hotel with a PHP1.8-billion capitalization, Green Solutions Agri-Business manufacturing …
Read MoreThe coronavirus diseases 2019 (Covid19) pandemic has opened a business opportunity for Antiqueños who are engaged in flower gardening.
Twinkle Serrano used to regard flower gardening as a hobby. However, she was surprised after receiving many inquiries about it when she tried to market …
Read MoreThe Department of Trade and Industry in Davao Region (DTI-11) said it has intensified its monitoring of dine-in restaurants, barbershop, salons, and other business establishments to ensure compliance with health protocols to contain the coronavirus disease (Covid-19).
In a statement Wednesday, DTI-11 reiterated that …
Read MoreA lawmaker at the House of Representatives on Wednesday stressed the need to ensure competition in the banking industry in the interest of the Filipino workers.
In filing House Bill 7619 or the proposed Bank Account Portability for Workers Act, Marikina City Rep. Stella …
Read MoreMotorists can expect lower oil prices on Tuesday morning.
Oil firms Cleanfuel, Flying V, Petro Gazz, Petron, PTT Philippines, Seaoil, and Shell will slash prices of diesel by PHP0.45 per liter, and PHP0.30 per liter on gasoline prices.
Flying V, Petron, Seaoil, and …
Read MoreThe Project Balik Buhay (PBB), a business recovery roadmap that has been implemented in Cebu, will also serve as a model for businesses in the cities of Bacolod and Iloilo, the deputy chief implementer for the Visayas said.
Melquiades Feliciano, Inter-Agency Task Force for …
Read MoreFinance Secretary Carlos Dominguez III said Wednesday that swift action to preserve the asset quality of banking institutions will ensure the continued strength of the financial sector which, in turn, will help the economy recover faster from the global health and economic crises spawned by …
Read MoreBorongan City in Eastern Samar has banned the entry of live swine and all pork products from Luzon and Mindanao as preventive measure against the African swine fever (ASF).
Mayor Jose Ivan Dayan Agda signed Executive Order No. 018-0820 on August 27 imposing the …
Read MoreThe Maritime Industry Authority (MARINA) has extended anew the Standards of Training, Certification, and Watchkeeping (STCW) certificates of Filipino seafarers as a temporary measure amid the coronavirus disease 2019 (Covid-19) pandemic.
In an advisory on Tuesday, the MARINA said all STCW certificates that are …
Read MoreA business community in this industrial city is highlighting adaptability amid the coronavirus disease 2019 (Covid-19) pandemic and its significant effect on the economy in celebrating this year’s Mandaue Business Month (MBM).
The Mandaue Chamber of Commerce and Industry (MCCI) launched the 2020 MBM …
Read MoreThe tourism industry in this fishing town on Mactan Island has reopened, joining other municipalities in Cebu that have slowly resumed tourism activities.
Mayor Maria Theresa Sitoy-Cho on Monday said Cordova has already prepared for a “better normal” setup in carrying out its tourism …
Read MoreWith more businesses expected to open, the Joint Task Force (JTF) Covid Shield on Monday assured additional law enforcers will be deployed to ensure business owners and customers are complying with health standards against the coronavirus disease 2019 (Covid-19) pandemic.
JTF Covid Shield commander, …
Read MoreAs participating countries of the Regional Comprehensive Economic Partnership (RCEP) target to conclude the trade deal this year, some countries have offered zero tariff on critical Covid-19 products, Trade Secretary Ramon Lopez said.
“For critical products for (the) pandemic, they are even made duty-free …
Read MoreThe peso recovered Friday, ending the week near its four-year high against the US dollar but the Philippine Stock Exchange index (PSEi) fell anew due to correction.
The local currency ended the week’s trade at 48.485 to the greenback, its strongest after its 48.48 …
Read MoreEconomic ministers from China and the Association of Southeast Asian Nations (Asean) members on Thursday welcomed the robust growth of their bilateral trade and investment despite the impacts of the Covid-19 pandemic.
At the 19th AEM (Asean Economic Ministers)-MOFCOM (China’s Ministry of Commerce) Consultations …
Read MoreThe municipality of Pagudpud, known for its white-sand beaches, is shifting its foresight on agriculture with the development of a 500-hectare coconut plantation in that northernmost part of the province.
Backed by the Philippine Coconut Authority (PCA), in partnership with the Small Coconut Farmers …
Read MorePalay production in Western Visayas increased by 12.15 percent in the first six months of 2020 amid the resiliency of rice farmers in the region, the Department of Agriculture (DA) in Region 6 (Western Visayas) said on Wednesday.
DA-6 Regional Director Remelyn Recoter said …
Read MoreMaxus Philippines on Tuesday launched the G50 multipurpose vehicle (MPV) in the country, signaling confidence in the local market amid the pandemic.
The eight-seater MPV is an addition to Maxus’ light commercial vehicle models available in the Philippine market.
“We are still quite …
Read MoreThe Department of Trade and Industry (DTI) Cebu provincial office has opened its 29th Negosyo Center in this city to cater to more micro, small and medium enterprises (MSMEs) amid the pandemic.
Mayor Jonas Cortes and DTI-Cebu OIC director Rose Mae Quiñanola led the …
Read MoreSan Juan city government will be distributing assorted vegetable seeds, seedlings, and other planting materials to its residents to ensure food security and supply amid the pandemic.
In a social media post, Mayor Francis Zamora said the local government is pushing urban agriculture program …
Read MoreAs part of preventive measures to curb the transmission of the coronavirus disease (Covid-19) within communities, the Pasig City government has issued an executive order imposing a market coding scheme for its villages.
The local government on Tuesday started implementing the new barangay scheduling …
Read MoreThe massive drop in revenues from tourism, which accounted for 7 percent of global trade last year, could reduce global gross domestic product (GDP) by as much as 2.8 percent in 2020, the UN secretary-general said Tuesday.
Citing the latest data from the World …
Read MoreThe Department of Trade and Industry (DTI) is open to any recommendations from the participating carmakers under the Comprehensive Automotive Resurgence Strategy (CARS) program.
DTI Undersecretary Ceferino Rodolfo told reporters the government understands the situation of the domestic automotive industry in this time of …
Read MoreThe House of Representatives on Monday ratified the bicameral conference committee report on the Bayanihan to Recover as One (Bayanihan 2) bill.
The chamber approved the final reconciled version of Bayanihan 2, which proposes a PHP165.5-billion fund to finance the country’s response and recovery …
Read MoreThe Philippines continues to strengthen economic relations with different countries amid the coronavirus disease 2019 (Covid-19) pandemic, Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo said on Monday.
DTI held dialogues with Indonesia and the United Kingdom early this month. It will also …
Read MoreA PHP32.4-M worth of farm-to-market road (FMR) is expected to boost the economic lives of 5,573 agrarian reform beneficiaries (ARBs) as the Department of Agrarian Reform (DAR) recently turned over the completed FMR to the municipal government units of Godod in this province.
DAR …
Read MoreFood and beverage maker Nestlé Philippines strengthens its partnership with the private sector for its plastic waste collection, recycling, and recovery program to reduce plastic footprint.
In a statement, Nestlé Philippines has partnered with Plastic Credit Exchange (PCEx) to gather soft plastic waste from …
Read MoreThe Department of Agriculture- Philippine Carabao Center (DA-PCC) will formally launch its milky bun production center by September this year that could generate livelihood for farmers amid the coronavirus disease 2019 (Covid-19) pandemic.
DA-PCC Executive Director Dr. Arnel Del Barrio said on Wednesday that …
Read MoreThe Davao City Veterinarian’s Office (CVO) said it has intensified monitoring activities in all public markets here to ensure pork meat and pork processed products are free from the African swine fever (ASF).
This came after some 207 kilograms of pork meat products in …
Read MoreThe US and China have agreed to hold discussions on the progress of a phase one trade deal they reached last January, local news sources reported Thursday.
“China and the US have agreed to hold talks over phone in the coming days to evaluate …
Read MoreOnline sellers here of processed meat and other related products are now required to secure permits from the city government and other regulatory agencies.
Dr. Antonio Ephrem Marin, head of the City Veterinarian’s Office (CVO), said Thursday the move aims to regulate the selling …
Read MoreWorkers of the Department of Environment and Natural Resources-Palanan Community Environment and Natural Resources Office (DENR-CENRO) released 20 juvenile sea turtle hatchlings in the coastal village of Digumased here on Monday.
DENR-CENRO Palanan chief Federico Cauilan, Jr. said the young turtles were released two …
Read MoreThe Department of Trade and Industry (DTI) appealed to Congress to provide support for the manufacturing sector under the Bayanihan 2.
As both Senate Bill 1564 and House Bill 6953 excluded the manufacturing sector for government assistance, DTI Secretary Ramon Lopez wrote a letter …
Read MoreJapan’s economy shrank an annualized real 27.8 percent from the previous quarter in the April-June period, marking a record contraction as the global coronavirus disease 2019 (Covid-19) pandemic stifled economic activity amid restrictions under a state of emergency, the government said in a report Monday.…
Read MoreEconomists said regaining consumer confidence and for people to go back to their pre-pandemic activities will play a big role in the economic recovery more than the government’s stimulus program.
In a virtual briefing Wednesday, First Metro Investment Corporation (FMIC) chairman Francisco Sebastian said …
Read MoreAn executive of United Coconut Planters Bank (UCPB) is hopeful for the sustained rise of availments on the financial institution’s online and mobile banking platforms as people realize its advantage especially during this pandemic.
In a reply to questions from PNA, UCPB First Vice …
Read MoreThe Bureau of Permits of the city of Manila on Tuesday urged business owners to sell face shields at a reasonable price.
In a statement, Levi Facundo, director of the Bureau of Permits, warned owners of business establishments selling overpriced face shields at PHP100 …
Read MoreThe city government enforced longer curfew hours here starting Sunday as part of the continuing local response to curb the transmission of coronavirus disease 2019 (Covid-19).
The new daily curfew or non-social hours, which starts at 8 p.m. and ends at 4 a.m. the …
Read MoreAgriculture Secretary William D. Dar is banking on the momentum gained by the agriculture sector in the second quarter (Q2) of this year to buoy the Philippine economy, after plunging into a recession for the first time in three decades.
For the second quarter, …
Read MoreBusiness process outsourcing (BPO) company Alorica Inc. said it is offering jobs to repatriated overseas Filipino workers (OFWs) particularly those lost their jobs amid the coronavirus disease (Covid-19) pandemic.
In a statement, Alorica said returning OFWs can pursue agent and non-agent career paths in …
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