Business

The Economy

50 new projects worth P22.5B approved by the Philippine Economic Zone Authority

On Wednesday, July 15, the Philippine Economic Zone Authority (PEZA) said its Board has approved a total of 50 new projects with investments reaching PHP22.5 billion last July 10. Of…

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Under MGCQ, meetings, conventions, and exhibitions to be allowed at 50% capacity

According to the guidelines set by the Department of Tourism (DOT), meetings, conventions, and exhibitions can be held only in areas under the modified general community quarantine (MGCQ) and only…

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Entrepreneur

Clarification on barter trading in the Philippines issued by the Department of Trade and Industry

Department of Trade and Industry Secretary Ramon Lopez clarified his recent statement that ‘online barter’ is illegal in the Philippines, clarifying that the exchange of goods for personal transactions, not…

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The Economy

Approved investments of the BOI surges 112%

The Philippine Board of Investments (BOI) recorded Php645.3 billion of approved investments in the first six months of the year, bouncing back strongly with a 112% surge from just Php304.4.…

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The Economy

Philippine exports making their way back to the international market

Still reeling from the impact of COVID-19, Philippine merchandise exports in May 2020 amounted to USD 3.99B, an increase of more than USD 1B from April’s USD 2.83B—the lowest recorded…

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The Economy

Increase in operating capacity to be permitted for businesses in the Philippines

To continue moving forward with the gradual reopening of the Philippine economy, the Department of Trade and Industry (DTI) will allow businesses such as barbershops, salons, and even restaurants to…

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P46.6B budget for PH Digital Transformation pushed for 2021

The Department of Information and Communications Technology (DICT) seeks the approval of its proposed P46.6 Billion budget for fiscal year (FY) 2021. This is to effectively implement the Department’s strategic…

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Entrepreneur

Intellectual Property Office of the Philippines brings the World Intellectual Property Organization program closer to Filipino inventors seeking to go global

The World Intellectual Property Organization’s online portal for its Inventor Assistance Program (IAP) can now remotely accommodate Filipino inventors seeking professional help in commercializing their inventions in the international market…

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Entrepreneur

Empowering Pinay entrepreneurs through digitalization

Transforming Filipina entrepreneurs into digital-savvy and active e-commerce practitioners, as they adapt to the new normal, the Department of Trade and Industry (DTI) National Confederation of Cooperatives (NATCCO), United States…

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President Duterte justifies gradual reopening of the Philippine economy, citing science and other countries

On Wednesday, June 8, President Rodrigo Roa Duterte called for citizens of the Philippines to understand that the government’s actions for gradually reopening the economy is to jumpstart it first…

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Entrepreneur

Balikbayans encouraged to support ‘BUYani’ campaign, help sustain local entrepreneurs in the Philippines

Filipinos are encouraged to support local entrepreneurs in the Philippines by patronizing local products. Department of Trade and Industry (DTI) Undersecretary and Chief-of-Staff Ireneo Vizmonte said last Tuesday, June 30…

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ONE Championship and Microsoft partner to further accelerate and reinvent the digital fan experience

Microsoft named ONE Championship’s preferred cloud provider, delivering new fan engagement experiences powered by Microsoft Azure and best-in-class collaboration with Microsoft 365 7 July 2020 – Singapore: The largest global…

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Business

BPI, MoneyGram boost partnership with expanded services for overseas Filipinos

The Bank of the Philippine Islands (BPI) has strengthened its partnership with MoneyGram, which has waived its sending fees to an expanded list of countries from where overseas Filipinos send…

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Convenience of e-payments skyrockets in the Philippines, major behavioral shift seen in the country

Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno continues to be optimistic about the further expansion of electronic payments in the Philippines especially after consumers experienced the vast benefits during…

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The Economy

United Nations Trade and Development Agency says global tourism stands to lose $1.2 trillion, much more if pandemic continues

With the ongoing COVID-19 pandemic, according to the UN Trade and Development Agency (UNCTAD), the global tourism sector stands to lose at minimum USD1.2 trillion or 1.5% of the global…

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The Economy

Consumers urged to buy local products to save jobs in the Philippines

In order to save local jobs in the Philippines, Filipinos encouraged to buy local products. During the Laging Handa public briefing Thursday, July 2, Department of Trade and Industry Secretary…

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Real Estate

From Batangas to Zamboanga, these 25 cities in the Philippines are primed to become ‘Digital Hubs’ to fuel economic development

As part of the ongoing mission to fuel economic investment and livelihood development outside of Metro-Manila, on Tuesday, June 30, the Department of Information and Communications Technology (DICT) and the…

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Entrepreneur

Fourth Industrial Revolution boosts export competitiveness

Export industry’s stakeholders launched The Road to FIRe (Fourth Industrial Revolution) project that aims to enable exporters utilize game-changing technologies to enhance their competitiveness especially as they adapt to the…

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DICT to name top 25 digital cities for economic development in the Philippines

Twenty-five (25) Digital Cities are set to be named as the center of focus for new economic development in the next three years. This initiative is geared to sustain the…

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Entrepreneur

Department of Trade and Industry, Go Negosyo succeed the digital KMME pilot run

Gearing up towards the New Normal, the Department of Trade and Industry (DTI), in partnership with Go Negosyo, successfully launched the first-ever graduation of the 45 micro, small, and medium…

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50 new projects worth P22.5B approved by the Philippine Economic Zone Authority

Under MGCQ, meetings, conventions, and exhibitions to be allowed at 50% capacity

Clarification on barter trading in the Philippines issued by the Department of Trade and Industry

Approved investments of the BOI surges 112%

Philippine exports making their way back to the international market

Increase in operating capacity to be permitted for businesses in the Philippines

P46.6B budget for PH Digital Transformation pushed for 2021

Intellectual Property Office of the Philippines brings the World Intellectual Property Organization program closer to Filipino inventors seeking to go global

Empowering Pinay entrepreneurs through digitalization

President Duterte justifies gradual reopening of the Philippine economy, citing science and other countries

Balikbayans encouraged to support ‘BUYani’ campaign, help sustain local entrepreneurs in the Philippines

ONE Championship and Microsoft partner to further accelerate and reinvent the digital fan experience

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BPI, MoneyGram boost partnership with expanded services for overseas Filipinos

Convenience of e-payments skyrockets in the Philippines, major behavioral shift seen in the country

United Nations Trade and Development Agency says global tourism stands to lose $1.2 trillion, much more if pandemic continues

Consumers urged to buy local products to save jobs in the Philippines

From Batangas to Zamboanga, these 25 cities in the Philippines are primed to become ‘Digital Hubs’ to fuel economic development

Fourth Industrial Revolution boosts export competitiveness

DICT to name top 25 digital cities for economic development in the Philippines

Department of Trade and Industry, Go Negosyo succeed the digital KMME pilot run

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