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Business

1215 posts
  • The Economy

Asian Development Bank fast tracks $3 Million grant to help the Philippines fight COVID-19

  • March 14, 2020
  • Balikbayan Media Center
Manila, Philippines — The Asian Development Bank (ADB) has approved a $3 million grant to support the Philippine government’s response to the novel coronavirus (COVID-19) pandemic, including the purchase of emergency…
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  • Entrepreneur

Nationwide price freeze on basic necessities in effect amid COVID-19 emergency—Department of Trade and Industry

  • March 13, 2020
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) announces nationwide price freeze on basic necessities pursuant to the Price Act or Republic Act (RA) No. 7581. Section 6 of the said…
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  • Asia
  • The Economy

Asian Development Bank to Provide $200 Million to Support Strained Supply Chains in Fight Against COVID-19

  • March 12, 2020
  • Balikbayan Media Center
Manila, Philippines — The Asian Development Bank (ADB) will make available $200 million through its Supply Chain Finance Program for companies manufacturing and distributing medicines and other items needed to…
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  • Entrepreneur

The Department of Trade and Industry warns filing of criminal charges against overpricing and hoarding of medical devices and products

  • March 11, 2020
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) warns filing of criminal charges on overpricing and hoarding of medical devices and products like alcohol, medicines, masks of N-88, N-95, other similar…
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  • Entrepreneur
  • Europe

Philippine healthy, natural, and organic goods wow buyers in top trade event in Germany as the country bags over USD $36M in export sales

  • March 10, 2020
  • Balikbayan Media Center
Healthy, natural and organic food selections from the Philippines delighted European buyers and visitors in the recently held 31st edition of Biofach on February 12-15, 2020, at the Exhibition Centre…
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  • Asia
  • Real Estate

New Clark City stadium nominated for world’s ‘Stadium of the Year’

  • March 10, 2020
  • Balikbayan Media Center
Quezon City — The New Clark City Athletics Stadium used in the 30th South East Asian Games (SEA Games) is nominated for “Stadium of the Year,” the Bases Conversion Development…
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  • Europe
  • Middle East & Africa
  • The Economy

Turkish Airlines and Department of Tourism form partnership to boost Philippine tourism from the European and Mediterranean markets

  • March 10, 2020
  • Balikbayan Media Center
The Department of Tourism (DOT) and Turkish Airlines signed a Memorandum of Understanding (MOU) that aims to reinforce and affirm the country’s position in the European, Mediterranean and other international…
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  • Entrepreneur

No more export and nationality bias with Senate CITIRA Bill—DTI Chief

  • March 10, 2020
  • Balikbayan Media Center
Trade Secretary Ramon M. Lopez lauded the Senate version of the Corporate Income Tax Incentives and Rationalization Act (CITIRA) sponsored by Senator Pia Cayetano. The new bill not only balances…
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  • Leaders
  • The Economy

President Duterte inspects P6.5-billion North Luzon Expressway Harbor Link Project

  • March 8, 2020
  • Balikbayan Media Center
President Rodrigo Roa Duterte led the inspection Thursday of the P6.5-billion C3-R10 Section of the North Luzon Expressway (NLEX) Harbor Link Project, which is expected to decongest Metro Manila and…
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  • The Economy

COVID-19 outbreak to have significant economic impact on developing Asia

  • March 6, 2020
  • Balikbayan Media Center
Manila, Philippines — The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies through numerous channels, including sharp declines in domestic demand, lower tourism and business…
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  • Asia
  • The Economy

Department of Tourism to spend P6 billion to boost Philippine tourism industry—projects to lose P43 billion in tourism revenues due to the threat of the novel coronavirus

  • March 6, 2020
  • Ritchel Mendiola
Tourism Secretary Bernadette Romulo Puyat on Wednesday, March 4, announced that the Department of Tourism will be spending some P6 billion on a tourism resiliency program that will boost the…
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  • Middle East & Africa
  • The Economy

Israeli tourist arrivals to the Philippines up in 2019

  • March 6, 2020
  • Balikbayan Media Center
Tel Aviv – 2019 was a banner year for Israeli tourism to the Philippines. The Department of Tourism reported a significant increase of 12.33 percent in Israeli tourist arrivals to…
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  • Entrepreneur
  • Technology

Department of Trade and Industry and Google tie up for MSME digitalization

  • March 6, 2020
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) finally inked deal with Google Philippines in upgrading the micro, small, and medium enterprises (MSMEs) through the power of digitalization, creating a strong…
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  • Real Estate

Megaworld International Launches Altea Tower—Arcovia Palazzo to the International Market

  • March 6, 2020
  • Balikbayan Media Center
Megaworld International, the global marketing arm of Megaworld Corporation, launches Arcovia Palazzo, a residential project located in ArcoVia City in Pasig City, Philippines. ArcoVia is a 12.4-hectare township development that…
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  • The Economy

Legarda: Unlock full potential, enhance climate and disaster resilience of Philippine indigenous weaving industry

  • March 5, 2020
  • Balikbayan Media Center
Deputy Speaker and Lone District of Antique Representative Loren Legarda, at the Women 2020: Forum on Women of Impact, urged the government and private sector to continue unlocking the full…
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  • Health
  • The Economy

Department of Tourism Secretary Puyat convenes Tourism Council; invites public to travel within the Philippines

  • March 5, 2020
  • Balikbayan Media Center
Department of Tourism (DOT) Secretary Bernadette Romulo-Puyat today assured the country of the tourism industry’s fortitude and resiliency through the global health crisis brought by the coronavirus (COVID-19) outbreak in…
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  • Entrepreneur
  • Events

Expand your connections at WORLDBEX 2020

  • March 3, 2020
  • Balikbayan Media Center
With the growing design and construction industry over the years, builders, designers, and creators alike have been faced with a common challenge — how to find the right connections in…
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  • Destinations
  • The Economy

International visitor receipts hit USD 9.31B in 2019, up 20.81% from 2018

  • March 2, 2020
  • Balikbayan Media Center
The Philippines’ all-time high 8.2 million international tourist arrivals in 2019, contributed USD 9.31 billion or PHP 482.15 billion in visitor receipts, 20.81 percent higher than the 2018 figure of…
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  • Asia
  • The Economy

Honda closure in the Philippines triggered by global slowdown

  • March 1, 2020
  • Balikbayan Media Center
Makati – Following a meeting with Honda Cars Philippines, Inc. (HCPI) President and General Manager Noriyuki Takakura on February 24, the Department of Trade and Industry (DTI) Secretary Ramon Lopez…
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  • Canada
  • Entrepreneur

Seafood City Supermarket opens branch in Calgary

  • February 28, 2020
  • Balikbayan Media Center
Calgary — Seafood City Supermarket and restautants, the biggest Filipino chain of grocerant (grocery and fast food restaurants) in the U.S., has opened its first branch in Calgary, Alberta, Canada…
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