IKOT.PH
The Department of Trade and Industry (DTI) issued the new Suggested Retail Prices (SRP) for basic necessities and prime commodities. The price guide of 218 SKUs under DTI’s jurisdiction was published in the Philippine Star on 11 May 2022. 136 Stock Keeping Units (SKUs) or 62% retained their 27 January 2022 SRP Bulletin prices, while […]
Philippine exports hit the highest quarterly record in the last six years at $19.4B in the first quarter of 2022, increasing by 9.8% as compared to the same period last year based on the preliminary data from the Philippine Statistics Authority (PSA). From 2017 to 2020, first-quarter export levels hovered around $16B. This record was […]
Senator Joel Villanueva said that the next administration should pay particular attention to growing the country’s digital economy at this time when the economy is opening up as cases of COVID-19 decrease. “All sectors of the economy are expecting to bounce back from the pandemic. While the next administration will have its hands full protecting […]
Good news for job hunters. According to a study conducted by the Department of Trade and Industry (DTI), 75% of HR practitioners interviewed say that the e-commerce sector is thriving and there is a need to hire additional talents. An 86.7% E-commerce Job Outlook Index (EJI) was also recorded for the first time in this […]
The economy of Antique’s capital town San Jose de Buenavista is starting to pick up since its de-escalation to Alert Level 1 on April 1. San Jose de Buenavista Mayor Elmer Untaran said the downgrading by the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF MEIDS) of their municipality has enabled the […]
The Metro Manila Development Authority (MMDA) should ensure that the proposed modified Unified Vehicle Volume Reduction Program (UVVRP) or number coding scheme could address the economic cost of congested Metro Manila traffic under Alert Level 1. This was the call from Senator Joel Villanueva after the MMDA posted its proposals to modify the traffic coding […]
Senator Dick Gordon remains adamant about his desire to transform the Philippines into a first-world country in the future through his effective legislation if reelected. Gordon, who is seeking his second and final consecutive term as senator, said that he will focus on crafting laws that would enrich the national landscape. “My priority has always […]
Philippine exports reached $6.16 billion in February, growing by 15% compared to the same period last year, based on Philippine Statistics Authority (PSA) preliminary data. Moreover, cumulative exports for the first two months of the year amounted to $12.2B, 11.9% higher than the $0.9B exports in 2021 and 15.7% higher compared to the 2019 pre-pandemic […]
The local government unit (LGU) of Daraga, Albay broke ground for its P60-million legislative, business building that will be constructed beside the town hall building. The three-story building to be constructed in a 2,366-square meter floor area was financed from the town’s general fund for 2021 and is expected to be completed in a year. […]
Senator Dick Gordon said he will be pushing for the construction of more bridges in the Cagayan Valley to help give a big jolt to the local economy. Gordon, during his visit to the northern provinces of Cagayan and Isabela, noted that improving and building bridges will help cut travel time to other points of […]