Business

The Economy

Land Bank of the Philippines and the Cooperative Development Authority ink new partnership for unbanked cooperatives

The Land Bank of the Philippines (LANDBANK) and the Cooperative Development Authority (CDA) have joined hands anew for the Financial Inclusion Through Cooperatives (FIT-Coop) Program, an initiative that will provide…

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Development Bank of the Philippines pumps up Cavite digitalization efforts

State-owned Development Bank of the Philippines (DBP) signed a P590-million loan agreement with the Provincial Government of Cavite for the establishment of the Cavite Broadband Network (CBN), which is expected…

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The Economy

Department of Tourism sees all time high visitor arrivals, celebrates 8 millionth guest in 2019

Manila, Philippines – The Department of Tourism (DOT) showcased the world-renowned Filipino hospitality in welcoming the Philippines’ eight millionth guest this year. “Breaching the eight million mark is another milestone…

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Philippine exports grow by 5.1% in 3rd Quarter of 2019

Makati — Amidst the backdrop of global uncertainty stemming from the US-China trade war, Philippine exports of goods and services remained resilient, as it expanded by 5.1% year-on-year (yoy) to…

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Department of Trade and Industry – Export Marketing Bureau to embark on outbound business mission to Mexico, United States of America in 2020

In an effort to increase trade with Latin America and the United States of America (USA), the Department of Trade and Industry – Export Marketing Bureau (DTI-EMB) and the Philippine…

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The Economy

Andanar hopeful for government to reach its poverty reduction target by 2020

Dagupan, Pangasinan — Presidential Communications Operations Office (PCOO) Secretary Martin Andanar said on Sunday, December 15, that he is hopeful that the government can achieve its target of improving the…

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The Economy

Bureau of Customs clarifies the guidelines on sending duty and tax-free balikbayan boxes

Manila — The Bureau of Customs on Wednesday, December 18, 2019, clarified the guidelines on sending duty and tax-free balikbayan boxes. Under Customs Modernization and Tariff Act (CMTA), returning residents,…

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Entrepreneur

Bureau of Customs reiterates guidelines on duty and tax-free importation

Manila — The Bureau of Customs reiterated on Monday, December 16, 2019 the guidelines on De Minimis importation. The Di Minimis rule means that if the value of the imported…

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The Economy

Development Bank of the Philippines extends P4-B loan for Batangas province development projects

Makati City — State-owned Development Bank of the Philippines (DBP) and the Provincial Government of Batangas recently signed a P4 billion term loan agreement that will accelerate the province’s overall…

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Department of Trade and Industry Chief leads international launch of Philippine Pavilion at the Dubai Expo 2020

Dubai – Trade Secretary Ramon Lopez led the international launch of the Philippine pavilion last 12 December for the upcoming Expo 2020 Dubai. Located at the Expo’s Sustainability District, the…

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Israel now a major importer of Philippine desiccated coconut, dried fruits and nuts

Israel — Mussafi, the largest importer in Israel of dried fruits, nuts, and desiccated coconut, hosted a meeting and warehouse visit on 26 November 2019 for Philippine Ambassador to Israel…

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Entrepreneur

Asian Development Bank Loan to Boost Healthy Business Competition in the Philippines

Manila, Philippines — The Asian Development Bank (ADB) has approved a $23.3 million loan to help the Philippine Competition Commission (PCC) enforce the country’s 2015 Philippine Competition Act (PCA) by boosting skills…

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ADB Approves $200 Million Loan to Support Delivery of Flagship Infrastructure Projects in Philippines

Manila, Philippines — The Asian Development Bank (ADB) has approved a $200 million loan to help the Philippine government prepare and implement major infrastructure projects under its flagship “Build, Build,…

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Real Estate

‘World-class’: Champion athletes Obiena, Hallasgo impressed by New Clark City facilities

Champion athletes EJ Obiena and Christine Hallasgo feel nothing but pride when describing the New Clark City Athletics Stadium, saying the “world-class” facility will motivate them to train better for…

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12 Filipino brands set to feature Philippine food exports in Salon International de l’Alimentation Middle East

Twelve (12) Philippine food producers and manufacturers are set to take on the demand of the global market in the country’s return in the 10th edition of Salon International de…

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Entrepreneur

Hundreds of young entrepreneurs undergo Youth Entrepreneurship Program

Over 250 young entrepreneurs and would-be entrepreneurs from all over Central Visayas filled the ballroom of the Cebu International Parklane Hotel to listen, learn, and be inspired by a panel…

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Entrepreneur

Quality mindset needed to build competitive industries

Trade Secretary Ramon Lopez said that a mindset of quality among Filipinos is necessary to build competitive industries and boost the competitiveness of products and services during the 21st Philippine…

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The Economy

Proportion of poor Filipinos was estimated at 16.6 % in 2018

The full year 2018 poverty incidence among population, or the proportion of poor Filipinos whose per capita income is not sufficient to meet their basic food and non-food needs, was…

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Australia-Philippines Business Council and Western Australia Government promote business with the Philippines

A successful breakfast forum on doing business with the Philippines was successfully held on 25 November 2019 at the offices of Squire Patton Boggs in Perth, Australia. The Australia-Philippines Business…

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Creative industry sector eyed as a key driver for exports

The Department of Trade and Industry (DTI) aims to boost Philippine (PH) exports in services through the creative industry. DTI Secretary Ramon Lopez underscored the potential of the industry in…

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Land Bank of the Philippines and the Cooperative Development Authority ink new partnership for unbanked cooperatives

Development Bank of the Philippines pumps up Cavite digitalization efforts

Department of Tourism sees all time high visitor arrivals, celebrates 8 millionth guest in 2019

Philippine exports grow by 5.1% in 3rd Quarter of 2019

Department of Trade and Industry – Export Marketing Bureau to embark on outbound business mission to Mexico, United States of America in 2020

Andanar hopeful for government to reach its poverty reduction target by 2020

Bureau of Customs clarifies the guidelines on sending duty and tax-free balikbayan boxes

Bureau of Customs reiterates guidelines on duty and tax-free importation

Development Bank of the Philippines extends P4-B loan for Batangas province development projects

Department of Trade and Industry Chief leads international launch of Philippine Pavilion at the Dubai Expo 2020

Israel now a major importer of Philippine desiccated coconut, dried fruits and nuts

Asian Development Bank Loan to Boost Healthy Business Competition in the Philippines

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ADB Approves $200 Million Loan to Support Delivery of Flagship Infrastructure Projects in Philippines

‘World-class’: Champion athletes Obiena, Hallasgo impressed by New Clark City facilities

12 Filipino brands set to feature Philippine food exports in Salon International de l’Alimentation Middle East

Hundreds of young entrepreneurs undergo Youth Entrepreneurship Program

Quality mindset needed to build competitive industries

Proportion of poor Filipinos was estimated at 16.6 % in 2018

Australia-Philippines Business Council and Western Australia Government promote business with the Philippines

Creative industry sector eyed as a key driver for exports

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