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The Global Business, Investment, & Travel Briefing for the Global Filipino Community

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Business

1215 posts
  • Entrepreneur

DTI-EMB encourages entrepreneurs to “platformize” their businesses

  • June 29, 2020
  • Balikbayan Media Center
Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) Director Senen M. Perlada encouraged entrepreneurs to “platformize” or use online platforms to promote their businesses, both in local and global markets.…
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  • The Economy

Department of Trade and Industry credits the Department of Transportation orders to address high shipping costs

  • June 29, 2020
  • Balikbayan Media Center
Department of Trade and Industry (DTI) Secretary Ramon Lopez credited and supported the initiatives taken by Department of Transportation (DOTr) Secretary Arthur Tugade to address mounting complaints against unreasonable shipping…
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  • Real Estate

Philippines: New Project to Help Provide Individual Land Titles to 750,000 Agrarian Reform Beneficiaries

  • June 27, 2020
  • Balikbayan Media Center
Washington, DC – Around 750,000 people are expected to gain improved land tenure security and stable property rights through a new project that will facilitate land titles for over 1.3…
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  • Entrepreneur

Manila ranks among world’s top emerging startup ecosystems

  • June 27, 2020
  • Balikbayan Media Center
The Philippine startup ecosystem is once again featured in the annual Global Startup Ecosystem Report (GSER) by Startup Genome. In its inaugural ranking of the world’s top 100 emerging ecosystems,…
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  • The Economy

Polish that resume! Potential job opportunities in the BPO industry for newly arrived overseas Filipinos in the Philippines

  • June 26, 2020
  • Balikbayan Media Center
Overseas Filipino workers who recently returned to the Philippines due to losing their jobs abroad due to the ongoing COVID-19 global pandemic may have job opportunities in the business process…
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  • Entrepreneur
  • Restaurants & Bars

Barbershops, dine-in restaurants compliant with government health standards

  • June 25, 2020
  • Balikbayan Media Center
Department of Trade and Industry (DTI) Secretary Ramon Lopez expressed satisfaction that establishments in a mall in Makati are highly compliant with the minimum health protocols enforced by Inter-Agency Task…
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  • The Economy

After historical decline in April, global trade unlikely to reach ‘worst-case scenario’

  • June 24, 2020
  • Balikbayan Media Center
Amid the COVID-19 global pandemic, the global trade outlook for the remainder of this year is now seen as “unlikely to reach the worst-case scenario” said the World Trade Organization…
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  • The Economy

Foreign reserves of the Philippines reaches record-high of $93.3 Billion

  • June 24, 2020
  • Balikbayan Media Center
Based on preliminary data, the Philippines’ gross international reserves (GIR) level, grew by USD2.35 billion to USD93.29 billion as of end-May 2020 from the end-April 2020 level of USD90.94 billion.…
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  • The Economy

Trade ministers affirm to sign Regional Comprehensive Economic Partnership before end of 2020

  • June 24, 2020
  • Balikbayan Media Center
Manila — At the 10th Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting conducted through video conference on 23 June 2020, the trade ministers of the 10-member states of ASEAN…
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  • The Economy

Tourism industry accounts for almost 13% of GDP—proving critical to economic recovery in the Philippines

  • June 23, 2020
  • Balikbayan Media Center
According to government statistics, the tourism industry increased its contribution to the country’s economy to almost 13% of the gross domestic product (GDP) in 2019—confirming the industry’s critical role for…
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  • Entrepreneur

To meet rising demand, government aims to attract bike manufacturers to the Philippines

  • June 22, 2020
  • Balikbayan Media Center
As a result of growing demand for bicycles amid the COVID-19 pandemic, the Department of Trade and Industry aims to attract bicycle manufacturers to invest in the Philippines. Department of…
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  • The Economy

Department of Energy assures exploration in West Philippine Sea won’t compromise Philippine sovereignty

  • June 22, 2020
  • Balikbayan Media Center
Energy Secretary Alfonso G. Cusi said the Department of Energy (DOE) is working together with the Department of Foreign Affairs (DFA) so that exploration activities in the West Philippine Sea…
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  • Entrepreneur

Tax incentives approved for tourism sector

  • June 22, 2020
  • Balikbayan Media Center
The Philippine Board of Investments (BOI) recently approved tax incentives for tourism enterprises that will upgrade and modernize their facilities for safety and health purposes said Department of Tourism Secretary…
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  • Entrepreneur

Department of Agriculture offers agriculture opportunities, financial assistance to returning OFWs, their families

  • June 20, 2020
  • Balikbayan Media Center
“Kabayan, may kabuhayan sa kabukiran!” Thus, is the theme and pitch of a recent virtual conference, where Agriculture Secretary William Dar asked Overseas Filipino Workers (OFWs) in the United States…
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  • Entrepreneur

Entrepreneurs operating in the Philippines urged to formally register business

  • June 19, 2020
  • Balikbayan Media Center
With consumer protection in mind, the Department of Trade and Industry (DTI) urged online businesses to register with the government. This comes in light of the recent directive of the…
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  • The Economy

Philippines maintains global competitiveness momentum, moves up amid crisis

  • June 19, 2020
  • Balikbayan Media Center
The Philippines maintained its momentum with a slight upgrade—moving from the 46th to 45th spot in this year’s global competitiveness rankings by the International Institute for Management Development (IMD). The…
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  • The Economy

Philippine economy projected to rebound by 4% in 2021, down 0.4% for 2020

  • June 19, 2020
  • Balikbayan Media Center
The Philippine economy is projected to weaken by 0.4% this year in part to the presumptive 5% contraction in remittances due to the ongoing COVID-19 global pandemic. However, the economy…
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  • Business

BPI partners with PERA HUB to widen reach for remittances nationwide

  • June 19, 2020
  • Balikbayan Media Center
The Bank of the Philippine Islands (BPI) has partnered with PERA HUB, a leading cash and payment-related transaction center, to provide remitters abroad more options to send money to loved…
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  • Entrepreneur

DTI helps sports apparel seller to thrive in adversity

  • June 17, 2020
  • Balikbayan Media Center
As the coronavirus continues its disruption, many small business owners are innovating strategies as they navigate the unforeseen financial and operational challenges brought on by the pandemic. For Theresa Mae…
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  • Entrepreneur

DTI, DOLE monitor establishments in CALABARZON allowed to operate amid prolonged quarantine

  • June 16, 2020
  • Balikbayan Media Center
To ensure that business establishments and workplaces are following safety and health standards in the continuing battle against the pandemic, the Department of Trade and Industry Region (DTI) and the…
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