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THE use of hybrid cars in the country will open opportunities for the Electronics industry, according to the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (Seipi). “In hybrids, you probably have over 90 percent of the components in electronics. So, yes, it does open opportunities,” Seipi President Danilo…
Manufacturers of electronics and the Philippine Chamber of Commerce and Industry (PCCI) warned the government that a legislated wage hike might drive away foreign investors and make the Philippines more unattractive as an investment destination. Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) President Danilo C. Lachica said…
At least 84 locators, or around 24 percent, of the Philippine Economic Zone Authority (PEZA), are “significantly” affected by the Red Sea crisis, according to the investment promotion agency. Based on PEZA’s records, there are 448 Registered Business Enterprises (RBE) engaged in exports to Europe and 523 RBEs engaged in…
More than concerns about democracy, voters' fundamental needs will shape the outcome of the region's big election year.
THE Philippines’s rice imports in 2023 declined by nearly 9 percent on an annual basis to nearly 3.5 million metric tons (MMT) due to volatile global market conditions such as higher prices and lower supply. Latest Bureau of Plant Industry (BPI) data showed that the country imported 3.483 MMT of…