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The National Economic and Development Authority (NEDA) said the favorable trade performance last November signaled that the country is well-positioned to take advantage of the improvements in external demand. In a statement, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said that
December 22, 2020 | 7:25 pm Font Size AAA THE uncertainty over how the mining industry is taxed must be removed in order to unleash the nickel sector’s potential for creating jobs, including in industries that depend on the metal like renewable energy and electric vehicles, a senior legislator said. In a policy paper, “The Future in Nickel,” House Ways and Means Chair Representative Jose Maria Clemente S. Salceda, who chairs the House Ways and Means Committee, estimated the job-creating potential of the industry at 1.3 million over the next 10 years. The Philippines remains a...
DTI urges US firms to invest in electronics manufacturing Louella Desiderio © STAR/ File DTI urges US firms to invest in electronics manufacturing MANILA, Philippines — The Department of Trade and Industry (DTI) is encouraging US firms to do business in the Philippines given available investment opportunities particularly in electronics manufacturing services (EMS). Trade Secretary Ramon Lopez called on American investors to take a closer look at how they can partner with the Philippines and expand business operations in the country. “In light of the strong economic par...
By Farrah Andres-Neagoe For Filipinos, Christmas is the most anticipated event of the year. Preparation for the festivities starts as early as September with Christmas celebrations lasting until January of the following year. While this year’s festivities will inevitably be different due to restrictions on gatherings, Filipinos can undoubtedly make the most of the situation and make the Christmas spirit come alive. Known for our resilience, we usually rebound from setbacks, rise above the challenges, and recover. Even the pandemic and recent typhoons are unable to dampen the Filipino spirit...