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FOREIGN investment pledges contracted 22.4 percent in the third quarter of 2022, according to the latest data released by the Philippine Statistics Authority (PSA). Based on the data on Approved Foreign Investments, foreign businesses pledged P13.05 billion in investments in the third quarter, lower than the P16.82 billion reported in…
The US restriction on semiconductor trade against China is not likely to affect the Philippine electronics industry, the country’s largest export, on the contrary it will open opportunities for sourcing of wafer fabs in the US since most of the electronics firms in the country are dominated by Ameri
/PRNewswire/ -- The "IMSI Catcher Market Growth by End-User, Product Type, and Geography - Forecast and Analysis 2022-2026" report has been added to...
A large number of major business organizations, which are pushing for government transparency and ease of doing business in the country, have expressed concern over calls by the Ombudsman to abolish the Anti-Red Tape Authority (ARTA), which is mandated under a law to facilitate ease of doing busines
The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) remains optimistic about growth prospects this year despite the decline in the demand for office equipment. “This August we clocked $3.98 billion in exports and year-to-date, $30.49 billion. Year to date, that’s about 1.6 percent higher than the goal,”…