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The Philippines expressed hope that China will be able to recover from the outbreak of the coronavirus disease (COVID-19). “We obviously recognize China as one of the leading trade partners of the Philippines. And we hope that China will be able to get back to its usual business, even given the challenges that your country […]
The chairman of the Senate Committee on Finance said that all government agencies must aggressively step-up its fiscal spending for the remaining period of the year to help the administration attain its economic growth target for 2019. Senator Sonny Angara said government’s “spending catch-up plan” will be key in meeting the full-year gross domestic product […]
Senator Koko Pimentel III lauded the recent signing and promulgation of the Implementing Rules and Regulations (IRR) of the ‘Ease of Doing Business Law’ (Republic Act 11032). The law introduces reforms to ensure competitiveness by doing away with unnecessary delays in government service which are opportunities for corruption. The law was passed under the leadership […]
Trade Secretary Ramon Lopez highlighted the strong macroeconomic fundamentals and the continuing growth story of the Philippines with South Korean business executives during a high-level roundtable meeting in Seoul. Lopez emphasized the opportunities South Korean companies, particularly in the manufacturing industry, may explore when locating and expanding their operations in the Philippines. The trade chief […]
The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]
The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]
Former Special Assistant to the President (SAP) Bong Go earned the affection and support of Marikina City residents as he appealed to the Filipino people to patronize footwear made in the city as well as other locally-made products to promote local small businesses and industries. Go vouched for the excellent craftsmanship of Marikina shoemakers who […]
The country’s high ranking among Southeast Asian nations in terms of economic outlook in 2019 was a sign that the administration of President Rodrigo Duterte “is on the right track” and that the country’s economic managers should continue the programs and reforms that have buoyed the spirits of Filipino businessmen, Senate Trade and Commerce Committee […]
Senate Trade and Commerce Committee Chair Koko Pimentel III on Wednesday said that the Philippines ranking highest among Southeast Asian nations in terms of economic outlook in 2019 is a sign that the Duterte administration “is on the right track.” The country’s economic managers, Pimentel added, should also continue the administration’s programs and reforms that […]
The Board of Investments (BOI) is targeting to increase investment approvals this year in hopes of breaching the P1 trillion mark. Trade Secretary and BOI Chairman Ramon Lopez said the agency is eyeing a 10 percent growth in investment approvals this year from the P907.2 billion projects it had registered in 2018. Lopez noted that […]