By Amy R. Remo
The Department of Trade and Industry is bringing roughly 20 Philippine brands to France, the United Kingdom and Germany this October as the government makes an aggressive pitch to further expand the market of local food enterprises.
French bank BNP Paribas has agreed to pay US authorities a $8.9 billion fine to avoid being tried in court for dealing with US-blacklisted countries, sources close to the matter told AFP.
French energy giant Total on Thursday announced it had discovered oil in deep waters off the coast of Ivory Coast, constituting a “very promising result” after the first such find.
By Ben O. de Vera
A number of foreign manufacturers are looking at investing about $500 million and employing up to 3,000 workers in the Philippines in line with moves to relocate operations from China, which has become a less attractive production base, according to the Philippine Exporters Confederation Inc. (PhilExport).
By Miguel R. Camus
The Philippines and France agreed to increase flights between them as the first round of air talks this year was successfully concluded this week, an official of the Civil Aeronautics Board said.