Chinese businesses see the Philippines as a prime spot for their investments – this was the resounding sentiment of Chinese investors as the country welcomed members of the Chinese Enterprises Philippine Association (CEPA) who are wanting to leverage on the numerous investment prospects the country has to offer, during the Philippine Investment Opportunities Briefing for CEPA on June 15, 2023 …
Read More »
Recognizing the significance of the United Kingdom in pursuit of the country’s socioeconomic agenda, Department of Trade and Industry (DTI) Secretary Fred Pascual attended two roundtable meetings on June 22, 2023 in London, which forms part of his three-week Europe Investment Roadshow. During the roundtable meeting with the UK-ASEAN Business Council, an organization focused on facilitating trade and investment between …
Read More »
In line with its commitment of bringing convenient and reliable banking services closer to more Filipinos, the Land Bank of the Philippines (LANDBANK) has ramped up expansion efforts in this island province with the installation of two new automated teller machines (ATMs) in the far-flung towns of Sibunag and San Lorenzo. The new LANDBANK touchpoints are strategically located at the …
Read More »
Manila Harbor Center (MHC), the largest international bulk and breakbulk handling operation at the Port of Manila and subsidiary of International Container Terminal Services, Inc. (ICTSI), facilitated the safe and efficient handling of 20,000 metric tons of urea fertilizers from China last 7 June 2023. The fertilizers were donated by the Chinese government as part of the Agreement on Economic and Technical …
Read More »
The Philippine Amusement and Gaming Corporation (PAGCOR) joined hands with the Philippine National Police (PNP) in delivering relief assistance to more communities in the island of Mindoro that are not only suffering from the devastating effects of the recent oil spill but also from several insurgency activities perpetrated by communist terrorist groups. PAGCOR participated in two community-based humanitarian missions spearheaded …
Read More »
An agricultural economist in the academe on Tuesday said the agriculture sector’s contribution to the gross domestic product (GDP) naturally declines as a country moves closer to developed economy status. This came as a reaction to a Philippine Statistics Authority study showing that the agriculture, forestry and fishing (AFF) sector accounted for only 8.9 percent of GDP in 2022, the …
Read More »
Research by Procore Technologies Inc., a leading global provider of construction management software, shows that the Philippines is leading among surveyed Southeast Asian countries in plans to adopt data strategy in the construction industry. In a statement Tuesday, the company said 80 percent of construction businesses in the Philippines plan to design and implement a data strategy over the next …
Read More »
A total of 60 local government units (LGUs) in Region 5 (Bicol) will benefit from P722.5 million worth of community sub-projects of the Kapit-Bisig Laban sa Kahirapan–Comprehensive and Integrated Delivery of Social Services (KALAHI-CIDSS), the Department of Social Welfare and Development (DSWD) said on Tuesday. Ranelle Anne Sertan, DSWD-5 social marketing officer, said these sub-projects are focused on nutrition-sensitive initiatives …
Read More »
On the occasion of the global celebration of World Environment Day, the Department of Environment and Natural Resources (DENR) held an Environment for Life media event that highlighted the DENR’s two-pronged blueprint for strategic and effective sustainable development and environmental action in the country. Led by DENR Secretary Toni Yulo-Loyzaga, the presentation was an eye-opener to the promise and possibilities …
Read More »
The Department of Trade and Industry (DTI) continues to implement the strategic priorities identified in the recently launched Philippine Export Development Plan (PEDP) pursuant to the economic agenda of the President, through the Philippine participation at the 33rd Taipei International Food Show. Held from 14-17 June 2023 at the 4th floor, Hall 2 of the Taipei Nangang Exhibition Center in …
Read More »
The Market Monitor Minding the Nation's Business