PH retains $81.53B export target
By Riza T. Olchondra
The Philippines will stand by its export target of $81.53 billion for 2013 on the back of rising non-electronics shipments and a robust services sector, according to trade officials.
The Philippines will stand by its export target of $81.53 billion for 2013 on the back of rising non-electronics shipments and a robust services sector, according to trade officials.
The Department of Trade and Industry has tapped BancNet and the state-owned Development Bank of the Philippines (DBP) as online payment or e-payment partners for its Enhanced Business Name Registration System, which aims to speed up delivery of the service and make it more convenient.
The Department of Trade and Industry has tapped a former executive of multinational fast-moving consumer goods (FMCG) giant Colgate-Palmolive Co. to help in attracting new investments into the country.
A total of P5.2 billion worth of fake merchandise was seized in 2012, down 37.9 percent from the P8.38 billion worth of counterfeit items seized in 2011, indicating an improvement in the enforcement of intellectual property rights, according to the Intellectual Property Office of the Philippines.
Trade Sec. Gregory L. Domingo has a ready smile, great for cheering investors that the Philippines wants to attract. Yet behind the positive outlook is the drive for results that has kept this foodie at work and away from the home kitchen for years.
The Philippines is well poised to profit from Japan Prime Minister Shinzo Abe’s move to steer clear of China and move to Southeast Asia for capital expansion.
Despite concerns earlier this year, Philippine trade authorities are now confident the country can beat this year the record-high exports set in 2010.
The long-awaited Air Passenger Bill of Rights being jointly pursued by the Departments of Transportation and Communications (DOTC), and Trade and Industry (DTI) may finally be approved this week, just in time for the holiday season rush this month.
BUSINESS leaders from Italy are in Manila exploring opportunities in the country following the strong confidence in the government and in the domestic economy.
A council tasked to help the government craft a national industrialization strategy is set to be revived amid efforts to boost the manufacturing sector’s contribution to economic growth.
The Department of Trade and Industry (DTI) is looking into allegations that steel product importers in the Philippines are colluding with Chinese exporters in misdeclaring products to cut costs.
The Department of Trade and Industry (DTI) on Friday came out with the implementing rules that would guide job-generating industries seeking incentives under the 2012 Investment Priorities Plan (IPP).
