Recent Posts

Supersonic airlines may be coming back

By Justin Bachman Bloomberg—Elon Musk, founder of SpaceX, is forming an airline of sorts, one that pledges to transport people anywhere on Earth in minutes by launching them on a rocket at speeds up to 17,000 mph.

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ICTSI reports banner months for MICT unit

ICTSI

International container port operator International Container Terminal Services, Inc. (ICTSI) posted record productivity at its flagship Manila International Container Terminal (MICT) in the Philippines for August and September with equipment operators achieving their monthly targets.

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SMPC triples royalty payments to P1.69B

Semirara-Mining-Corp

By Riza Lozada Integrated energy company Semirara Mining and Power Corp. (SMPC) has tripled its first half royalty payments to the Department of Energy (DOE) to P1.69 billion from P575 million a year ago. The surge in government remittances was driven by the SMPC’s increased production and expanding operations. The company is targeting an annual coal production of 16 million …

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Finance chief urges immersion for grads

Finance Secretary Carlos Dominguez III.

F resh business graduates should become “servant-leaders” by helping impoverished communities develop micro and small enterprises that will serve as catalysts for growth and save society’s marginalized sectors from the poverty trap, Finance Secretary Carlos Dominguez III said.

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Financing scheme opens for inventors

By Riza Lozada The Department of Science and Technology (DOST) has launched a lending program to assist Filipino inventors called the “Innovation and Technology Lending Program” or “I-TECH”.

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DTI, Asean body tackle global value chains, NEM

From left are DTI Export Marketing Director Senen Perlada, Dr. Chie Iguchi from Keio University, Executive Director Penny S. Bongato of IBPAP, AJC Secretary General Masataka Fujita, DTI Undersecretary Nora Terrado, Investment and EPA Advisor of JETRO Shozo Suzuki, Ramon Clarete of the University of the Philippines School of Economics, Francis Mark Quimba of the Philippine Institute of Development Studies and First Secretary Jenni McEwin of the Australian Embassy in the Philippines.

The Department of Trade and Industry (DTI) and the Association of Southeast Asian Nations (Asean) Japan Center (AJC) co-sponsored a seminar entitled “Changing Trade and Investment Landscape in ASEAN and the Philippines” to highlight the importance of global value chains and non-equity mode (NEM) in the growth of Philippine exports.

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