With the aim of transforming Philippine exports into a globally competitive sector and delivering exporting breakthroughs, Secretary Fred Pascual emphasized the importance of pursuing an industry development-centric approach to export development during the National Export Congress (NEC). The Congress was held on 7 December 2022 at the Philippine International Convention Centre (PICC) and was jointly organized by the Department of …
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The Department of Agriculture – Bureau of Fisheries and Aquatic Resources (DA-BFAR) shall be suspending the confiscation of imported pink salmon, pompano, and other imported frozen fish products in the wet markets, effective immediately. “We will go back to our original strategy that we are doing which is concentrating on the cold storages and other areas, but not in the …
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What seemed like a simple a meet up between the National Commission of Senior Citizens (NCSC) and the Pamantasang Lungsod ng Maynila (PLM) was actually a prelude to the biggest event for senior citizens of National Capital Region (NCR) this year. To jumpstart the meeting cum training workshop, NCSC Chairman Franklin Quijano and Dean of PLM College of Humanities, …
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Consumers would have to pay more as prices of liquefied petroleum gas (LPG) increased effective Thursday last week, ahead of the Christmas holidays. In separate statements, Petron and Phoenix LPG said they hiked LPG prices by P2.25 per kilogram, while Solane-branded LPG increased prices by P2.27 per kilogram. This translated to increments of P24.75 to P24.97 for a regular 11-kilogram …
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Celebrating the exemplary performance of its registered business enterprises (RBEs) as the country gears towards full economic recovery, the Philippine Economic Zone Authority (PEZA) has recognized the valuable contributions of its ecozone locators and developers or RBEs in its annual Investors’ Recognition Day held on 25 November 2022. The Investors’ Recognition Day is the biggest annual event of PEZA wherein …
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For the first time since it was opened to the public, the Cebu-Cordova Link Expressway (CCLEX)—now the country’s longest and tallest bridge—was lit in color in symbolic stand and support for UNICEF’s celebration of the World Children’s Day. CCLEX is the first major infrastructure in the Philippines to light up in blue in support of UNICEF and the World Children’s …
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By Jesse C. Ong Proudly staring at the enormous establishments he built over the years on US soil, 69-year-old Orlando Cruz is still in disbelief that the once seemingly impossible dream of fashioning a lucrative construction business in the “land of milk and honey” has turned into huge reality. From his humble beginnings as a carabao-riding young boy tilling farmlands …
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The Philippine peso ended the week better against the US dollar after climbing to the P55-level, but the main equities index shed anew as investors continue to take profit following last week’s rally. The local currency ended the trading at P55.71 a dollar from P56.1 on Thursday. It opened the day at P56.2 a dollar, an improvement from its P56.45 …
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State pension fund Government Service Insurance System (GSIS) is set to release a total amount of P3.35 billion in Christmas cash gift to more than 328,000 old-age and disability pensioners starting December 6. “Alam namin ang Christmas cash gift ay hinihintay talaga ng aming GSIS pensioners at ito ang makapagpapasaya sa kanila ngayong Pasko. Kaya simula December 6, na-credit na …
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On 10 November 2022, the Philippines joined other ASEAN Member States and the United Kingdom (UK) in endorsing the Work Plan to Implement the ASEAN-UK Joint Ministerial Declaration on Future Economic Cooperation during the 2nd ASEAN Economic Ministers-UK Consultations held at the sidelines of the 40th and 41st ASEAN Summit in Phnom Penh, Cambodia. The Philippines was led by DTI …
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The Market Monitor Minding the Nation's Business