Business

The Economy

CREATE will boost National Employment Recovery Strategy; can create 2 million jobs

The National Employment Recovery Strategy (NERS) Task Force chaired by the Department of Trade and Industry (DTI) and co-chaired by the Department of Labor and Employment (DOLE) and the Technical…

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The Economy

DTI, Small Business Corporation approve over 20,000 loans for MSMEs

The Department of Trade and Industry (DTI) through its financing arm the Small Business Corporation (SBCorp) has approved, as of 9 February 2021, a total of 21,695 loan applications under…

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The Philippines pushes for banking, customs clearance, digital trade, e-commerce, ease of public service delivery in the 17th ASEAN-Russia Senior Officials’ Meeting

Pasay City – Foreign Affairs Acting Undersecretary for Bilateral Relations and Association to Southeast Asian Nations (ASEAN) Affairs and Philippine ASEAN Senior Officials’ Meeting (SOM) Leader Elizabeth P. Buensuceso led…

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The Economy

NEDA launches updated Philippine Development Plan 2017-2022

The National Economic and Development Authority (NEDA) launched the Updated Philippine Development Plan (PDP) 2017-2022. This report remains anchored on the government’s zero to ten-point socioeconomic agenda and geared towards…

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Italian businesses to expand in ASEAN, eyes Philippines as priority

Things are looking up in the Philippines this year as far as Italy is concerned. This was disclosed by Enrico Letta, President of Associazione Italia-ASEAN during the online “Italy-Philippines: Discovering…

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The Economy

DPWH builds access road for Indigenous Peoples in Pangasinan

Department of Public Works and Highways Secretary Mark A. Villar announced that the ongoing construction of an Access Road leading to Mapita Community and View deck to Nayong Aguilar in…

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Philippine Chamber of Commerce launches in Cambodia

Phnom Penh — The Philippine Chamber of Commerce in Cambodia (PhilCham Cambodia) was formally launched on 21 January 2021 in the presence of over 100 guests from Philippine, Cambodian and…

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Entrepreneur

Philippine food companies set to showcase vibrant local food sector in two global trade fairs

In February 2021, five companies will join Biofach, the world’s leading trade fair for organic food, while 13 Philippine companies will participate in Gulfood Hotel and Equipment Exhibition and Salon…

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The Economy

DOT and DOLE further expands coverage of beneficiaries

Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat and Department of Labor and Employment (DOLE) Secretary Silvestre H. Bello III on Tuesday (February 03) signed the DOT-DOLE Joint Memorandum Circular (JMC)…

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The Economy

BOI-approved investments top P1 trillion in 2020, targets P1.25 trillion for 2021

Manila — Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairperson Ramon Lopez announced a Php 1.25 Trillion (T) project approval target for the agency in…

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The Economy

Philippine Manufacturing expands in January, records highest PMI in 25 months

The Philippine Manufacturing Purchasing Managers’ Index (PMI) increased from 49.2 last month to 52.5 in January, posting above the 50.0 neutral mark separating expansion from contraction. January PMI data is…

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The Economy

Financial crimes on the rise in the Philippines

Fraudulent financial transactions, including those involving credit card usage increased in 2020 in light of the COVID-19 pandemic, said Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno. In a virtual…

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The Economy

Economists project economic growth in the Philippines for 2021

Economists expect 2021 will continue to be a challenging year for the Philippines after the country posted a 9.5% contraction in 2020. However, with fiscal spending, economists remain optimistic for…

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Entrepreneur

Nissan maintains plans to launch electric car in the Philippines

In a virtual briefing held with trade reporters Thursday, January 28, Nissan Philippines President and Managing Director Atsushi Najima said the Japanese automaker will march forward with their plans to…

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The Economy

Philippine exports grow 15%—reaching $74.6B in 2021, likely to double in the next five years

Philippine merchandise exports closed 2021 with a 14.5% growth with value reaching USD 74.6B, based on preliminary data from the Philippine Statistics Authority (PSA). Despite the emergence of a new…

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The Economy

BPI AMTC launches “Wealth Radio” podcast channel on Spotify

BPI Asset Management and Trust Corporation (AMTC), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is hailing 2021 with the voice of financial freedom. With the…

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Entrepreneur

Coffee stakeholders revisit Philippine Coffee Industry Roadmap

Davao City – Various coffee industry stakeholders from the Davao Region joined the others in revisiting the Philippine Coffee Industry Roadmap on January 14 and 15 and came up with…

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Entrepreneur

Central Business Portal to modernize business registration in the Philippines

The government aims to modernize the process of business registration in the country with the nationwide launch of the Central Business Portal (CBP), an online one-stop shop for registering businesses…

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The Economy

HSBC Exec anticipates Philippine Economy to recover around 6.5% this year

The economy of the Philippines is projected to recover to around 6.5% for this year—largely depending on the re-opening of the domestic economy and containment of COVID-19 infections said an…

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Entrepreneur

88,000 new online businesses registered in the Philippines

Driven by new digital entrepreneurs, the Department of Trade and Industry (DTI) reports record-high numbers of business name registration in 2020 said DTI Chief Ramon Lopez on Wednesday, January 20.…

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CREATE will boost National Employment Recovery Strategy; can create 2 million jobs

DTI, Small Business Corporation approve over 20,000 loans for MSMEs

The Philippines pushes for banking, customs clearance, digital trade, e-commerce, ease of public service delivery in the 17th ASEAN-Russia Senior Officials’ Meeting

NEDA launches updated Philippine Development Plan 2017-2022

Italian businesses to expand in ASEAN, eyes Philippines as priority

DPWH builds access road for Indigenous Peoples in Pangasinan

Philippine Chamber of Commerce launches in Cambodia

Philippine food companies set to showcase vibrant local food sector in two global trade fairs

DOT and DOLE further expands coverage of beneficiaries

BOI-approved investments top P1 trillion in 2020, targets P1.25 trillion for 2021

Philippine Manufacturing expands in January, records highest PMI in 25 months

Financial crimes on the rise in the Philippines

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Economists project economic growth in the Philippines for 2021

Nissan maintains plans to launch electric car in the Philippines

Philippine exports grow 15%—reaching $74.6B in 2021, likely to double in the next five years

BPI AMTC launches “Wealth Radio” podcast channel on Spotify

Coffee stakeholders revisit Philippine Coffee Industry Roadmap

Central Business Portal to modernize business registration in the Philippines

HSBC Exec anticipates Philippine Economy to recover around 6.5% this year

88,000 new online businesses registered in the Philippines

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