The Family and Business are in Crisis! (Part 1)
“Thank you for the call yesterday. Your advice to convene the family council and Board to discuss the crisis is very timely. I will raise the urgent matters to my…
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Exporters urged to register for EU-GSP+ privileges before 30 June deadline
The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) urged all Philippine exporters to the European Union to register to the EU Registered Exporter System (EU REX) before the 30…
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Government’s ‘Build Build Build’ program focused on fueling economic recovery in the Philippines
Infrastructure projects of the Philippine government’s program, “Build Build Build,” will continue to assist the country in bouncing back from the extraordinary impacts of the COVID-19 global pandemic. Under the…
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During enhanced community quarantine, your rent is deferred, not waived
Due to the enhanced community quarantine, rental fees and charges on tenants for both residential and commercial spaces are deferred but not waived—a policy recently clarified by the Department of…
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Government offering business incentives to manufacturers of COVID-19 related products
The Philippines Board of Investments (BOI) is now accepting applications for the accreditation for companies manufacturing products that support the government’s efforts to fight the spread of the COVID-19 global…
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Demand for face masks projected to increase to 1.2 billion per month in the Philippines
As a result of the ongoing battle against the COVID-19 global pandemic, the demand for face masks is projected to increase to 1.2 billion per month. Secretary of the Department…
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Department of Agriculture eyes idle ancestral lands as food production areas
The Department of Agriculture (DA) is eyeing portions of vast ancestral lands nationwide to be transformed into food production areas to help increase the country’s food supply amid the government’s…
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The Securities and Exchange Commission warns public vs investment schemes disguised as reseller business
The Securities and Exchange Commission (SEC) has advised the public to exercise caution when dealing with individuals or groups pitching reseller business partnerships as a front for their unauthorized investment…
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Department of Agriculture’s “Plant, Plant, Plant Program” to benefit all farmers, fishers, and consumers nationwide
The Department of Agriculture (DA) will implement nationwide the Duterte administration’s “Plant, Plant, Plant Program” or “Ahon Lahat, Pagkaing Sapat (ALPAS) Laban sa Covid-19” program to benefit farmers, fishers and…
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Globe Invests in Cloud Business to Expand ICT Capabilities
Manila, Philippines – April 17, 2020 – Globe Telecom, Inc. (“Globe”) has entered into an agreement to acquire substantially all of the assets of US-based Cloud Consulting Companies, Cascadeo Corporation…
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Oceana Lauds Coastal Mayors for Prioritizing Fishery Resources and Fishers Welfare Amid COVID19
“Every local government executive who gives premium to fishery resources and fisherfolk welfare is worth emulating and serves as a role model for good environmental governance.” This was the statement…
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The Department of Tourism outlines tourism response, post-COVID-19 recovery plan to aid private sector
Tourism Secretary Bernadette Romulo-Puyat assures the public that the Department of Tourism (DOT) is doing everything within its mandate to aid the stakeholders of the country’s tourism industry in light…
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Government’s Three-Phased Program aims to fuel economic recovery for the Philippines
The government’s actions on the COVID-19 global pandemic will help the economy to recover faster as assured by the National Economic and Development Authority (NEDA). As a result of the…
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Maximum efforts needed to boost Philippine trade industry to help economy overcome COVID-19 global pandemic
As the Philippines continues to overcome the extraordinary impact of the COVID-19 global pandemic and thus the resulting challenges of a significant global economic slowdown, the National Economic and Development…
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Opportunities for BPO industry in the Philippines seen to further expand despite COVID-19 global pandemic
Despite the onset and ongoing COVID-19 global pandemic, opportunities for the Philippines’ business process outsourcing (BPO) industry remain optimistic as the country remains as the most attractive destination for BPO…
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Prior to Looming COVID-19 Global Pandemic, Philippine Exports Grew in First Few Months of 2020
In the midst of the onslaught of the COVID-19 global pandemic was the Philippine merchandise exports industry ballooning by 2.8% in February 2020 to USD5.4B from USD5.3B as compared to…
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Expo Industry Facing the Crisis Head On
The crisis brought by the COVID-19 pandemic opens the question on how the business sector would respond to the changes this global concern may bring to the economy in the…
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Amongst ASEAN, the Philippines and Singapore experience largest manufacturing decrease in March
Among surveyed Southeast Asian countries in the recent Manufacturing Purchasing Managers’ Index (PMI) of the IHS Markit disclosed on April 1 that the performance of the manufacturing sector of the…
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The Department of Tourism provides virtual backgrounds for video calls to encourage “Travel from Home”
The Philippine Department of Tourism (DOT) is encouraging the public to “travel from home” by providing virtual backgrounds that people can feature in video conferencing platforms such as Zoom, Webex,…
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Philippine GDP Growth to Slide in 2020 Due to COVID-19, Strong Rebound Seen in 2021 — ADB
Manila, Philippines — The Philippines’ economic growth will slow significantly this year before a strong rebound in 2021, with expansionary fiscal and monetary policies partly offsetting slower domestic demand and…
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