The Economy

The Philippines and US ink new P10.5-B deal to boost economic growth

The United States, through the United States Agency for International Development (USAID), and the Department of Finance (DOF), signed a new, five-year bilateral assistance agreement valued at more than PHP10.5…

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The Economy

Philippines implements new scheme to facilitate trade with ASEAN Countries

The Philippines, together with the other nine (9) ASEAN Member States, has begun to implement the ASEAN-Wide Self-Certification Scheme (AWSC) starting 20 September 2020. The AWSC simplifies and streamlines origin…

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The Economy

Zero interest loans, no collateral, easy terms for distressed tourism businesses

The Department of Tourism (DOT) disclosed on Thursday, September 17 some details of the loan program for tourism MSMEs that is being finalized with the Small Business Corporation (SB Corp)…

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The Economy

Philippine Investment Forum at CIFIT 2020: Now is the best time to invest in the Philippines

The Philippine delegation to the China Investment Fair for Investment and Trade (CIFIT) 2020 recently presented valuable investment projects and potential partnerships for Chinese and foreign investors at the Philippine…

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The Economy

10,000 BPO jobs for displaced tourism workers

More than 10,000 jobs in the business process outsourcing (BPO) industry would be made available to displaced tourism workers nationwide this month. The Department of Tourism (DOT), in partnership with…

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The Economy

The Philippines improves global innovation index, hits top 50; needs to support more R&D and innovation programs says DTI chief

The Philippines continues to prove that it is among the world’s most innovative economies as it ranked 50th out of 131 countries in 2020 as reported in the annual Global Innovation…

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The Economy

The Philippines moves up 4 spots in Global Innovation Ranking, now among top 50 innovator economies

The Philippine Mission to the United Nations and Other International Organizations in Geneva has announced that the Philippines jumped four places in the latest edition of the Global Innovation Index…

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The Economy

Economists say long-term positive trends support Philippine recovery

In a webinar hosted by the Australia Philippines Business Council on 20 August 2020, economist and author Dr. Bernardo Villegas discussed the strong fundamentals of the Philippine economy and the…

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The Economy

Philippine peso among Asia’s strongest currencies despite pandemic-induced global economic downturn

In a news release issued on Tuesday, September 1, Department of Finance Secretary Carlos Dominguez III said the Philippine peso has emerged as among Asia’s strongest currencies even amid a…

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The Economy

Philippines to join the China International Fair for Trade in Services 2020

The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), in partnership with Philippine Trade and Investment Center in Beijing (PTIC-Beijing), will showcase Philippine service exporters in the country’s online participation…

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The Economy

Regional Comprehensive Economic Partnership trade ministers set to conclude world’s mega trade deal

Trade Secretary Ramon Lopez reported that the recent meeting of the trade ministers of the Regional Comprehensive Economic Partnership (RCEP) participating countries resolved almost all remaining outstanding issues of the…

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The Economy

Enhanced trade and investment seen between the Philippines and Indonesia

The Philippines and Indonesia recently conducted their virtual 8th Meeting of the Joint Working Group (JWG) on Trade, Investments, Handicrafts and Shipping on 11 August 2020. The JWGwas led by Dr. Ceferino…

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The Economy

Overseas Filipinos invest P1.95-M in Retail Treasury Bonds through the mobile app Bonds.PH

Filipinos based in 24 countries have invested a combined P1.95 million in the five-year PROGRESO Retail Treasury Bonds (RTBs) through the mobile app Bonds.PH, the Philippines’ first digital platform that…

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The Economy

The Philippines can be India’s pharma manufacturing hub for ASEAN – DTI-EMB

DTI-Export Marketing Bureau (DTI-EMB) Director Senen Perlada encouraged Indian pharmaceutical companies to make the Philippines (PH) their manufacturing hub, as the country is an ideal gateway to Southeast Asia. “Maybe…

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The Economy

President Duterte approves additional P5-Billion for aid and assistance for overseas Filipino workers impacted by COVID-19

On Sunday, August 9, President Duterte approved the release of additional P5 billion for the repatriation and assistance for overseas Filipino workers affected by the Covid-19 global pandemic, announced by…

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The Economy

Gradual recovery in export goods of the Philippines seen in June

Philippine merchandise exports for June 2020 shows a gradual recovery of trade amid the Covid-19 pandemic. According to preliminary data from the Philippine Statistics Authority (PSA), June 2020 exports decreased…

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The Economy

‘Build, Build, Build’ Program to fuel economic recovery in the Philippines

After the second consecutive quarter of economic decline, infrastructure projects under the administration’s “Build, Build, Build” program will significantly aid in the economic recovery of the country, said Vivencio Dizon,…

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The Economy

Stable food supply one of ‘brightest spots’ in gov’t COVID-19 response

The continuous flow of food from the country’s farms to consumers that was the result of the ongoing reforms in the farm sector initiated by the Department of Agriculture (DA) on the watch…

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The Economy

Philippines and Indonesia seek collaboration on creative economy sector

Jakarta, Indonesia — The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta and the DTI Export Marketing Bureau (EMB), co-hosted a webinar…

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The Economy

Bangko Sentral ng Pilipina releases more inclusive, secure banknotes

The Bangko Sentral ng Pilipinas (BSP) has launched enhanced Philippine banknotes that are more responsive to the needs of the elderly and the visually impaired, and feature the latest anti-counterfeiting…

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The Philippines and US ink new P10.5-B deal to boost economic growth

Philippines implements new scheme to facilitate trade with ASEAN Countries

Zero interest loans, no collateral, easy terms for distressed tourism businesses

Philippine Investment Forum at CIFIT 2020: Now is the best time to invest in the Philippines

10,000 BPO jobs for displaced tourism workers

The Philippines improves global innovation index, hits top 50; needs to support more R&D and innovation programs says DTI chief

The Philippines moves up 4 spots in Global Innovation Ranking, now among top 50 innovator economies

Economists say long-term positive trends support Philippine recovery

Philippine peso among Asia’s strongest currencies despite pandemic-induced global economic downturn

Philippines to join the China International Fair for Trade in Services 2020

Regional Comprehensive Economic Partnership trade ministers set to conclude world’s mega trade deal

Enhanced trade and investment seen between the Philippines and Indonesia

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Overseas Filipinos invest P1.95-M in Retail Treasury Bonds through the mobile app Bonds.PH

The Philippines can be India’s pharma manufacturing hub for ASEAN – DTI-EMB

President Duterte approves additional P5-Billion for aid and assistance for overseas Filipino workers impacted by COVID-19

Gradual recovery in export goods of the Philippines seen in June

‘Build, Build, Build’ Program to fuel economic recovery in the Philippines

Stable food supply one of ‘brightest spots’ in gov’t COVID-19 response

Philippines and Indonesia seek collaboration on creative economy sector

Bangko Sentral ng Pilipina releases more inclusive, secure banknotes

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