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Local Sourcing: A Sustainable Approach for Small Business Owners
While we are now in a world where global supply chains rule any given industry, some are starting to explore the concept of sourcing locally, which has gained traction among small business owners. But what exactly does it mean to source locally, and how can this approach benefit your business in the long run? Supporting […].....»»
Blaans want armed groups in tribal enclaves disarmed
The Department of the Interior and Local Government is now acting on reports by ethnic Blaans in Tampakan, South Cotabato about the presence of private armed groups in their domains, mostly led by settlers identified with certain local officials......»»
4 shabu traffickers linked to terror groups nabbed
Four shabu dealers who reportedly have links with local terror groups were arrested in separate operations in two Bangsamoro provinces in the past four days, the police reported on Saturday......»»
PH top exporters recognized in the National Export Congress 2023
The highlight of the event was the National Export Congress (NEC), which focuses on the public and private sectors' shared vision for the Philippines' export industry......»»
Small EU country becomes Russia s biggest whisky supplier - media
Latvia is serving as a middleman for the import of Western spirits into the Russian market, experts say Latvia became Russia's top supplier of whisky last year, reaching $250 million in sales and outpacing all other exporters combined, RIA Novosti reported on Monday, citing industry data. The Balti.....»»
PH OKs revised Asean free trade pacts with ANZ, Hong Kong
MANILA — The Philippines, a founding member of Association of Southeast Asian Nations (Asean), has agreed to amend two important free trade agreements to benefit investors, traders, and exporters. The Department of Trade and Industry (DTI) announced on Thursday that it signed the Second Protocol to Amend the Agreement Establishing the Asean-Australia-New Zealand Free Trade.....»»
Cebu offers prospects for US agricultural exporters
Cebu offers strong opportunities for direct shipments of US agricultural exports, driven by the feed and food manufacturing, food service and food retail sectors, according to the United States Department of Agriculture......»»
EU-Philippines Partnership Conference puts spotlight on digitalization
The International Trade Centre, in collaboration with the Department of Trade and Industry and the European Union delegation to the Philippines, recently held the EU-Philippines Partnership Conference as part of the DTI’s prestigious Philippines National Exporters’ Week......»»
Higher shipping costs loom as Red Sea route suspended
The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»
Philippines business groups forge PPP ties with New Zealand
The country’s business leaders explored new opportunities to boost economic cooperation with New Zealand, following the recent visit of Prime Minister Christopher Luxon to the Philippines......»»
When It’s Time to Say Goodbye to That Credit Line
Credit lines can be a double-edged sword for those who are undisciplined with money. On one hand, they offer a very convenient access to funds for emergencies or purchases. On the other hand, the ease of swiping a card or making a purchase through an online-only use credit line can mask the reality that the […].....»»
Local retailers seek removal of de minimis value in imports
The Philippine Retailers Association has urged policymakers to reevaluate and remove the de minimis value in import goods, particularly concerning online retail purchases......»»
Saving Money Amidst Rising Prices
Saving money while prices are on the rise can be difficult, especially when the costs of basic commodities such as food, water, and electricity are also increasing. It’s easy to say that cutting back on purchases will help us save, but in reality, it’s not always viable. In such bad situations, how can we maintain […].....»»
Meat imports up 3 percent in Q1
The country’s meat imports grew by three percent to over 270,000 metric tons in the first quarter on the back of higher pork purchases, latest government data showed......»»
BPI Customers Experience Transaction Delays Due to High Weekend Activity
Bank of the Philippine Islands (BPI) customers faced delays in essential banking services due to a surge in weekend transactions, primarily tax payments, today, April 16, 2024. In a Facebook post, BPI said that their services which include ATM withdrawals, CAM deposits, Debit Card purchases, BPI app, BPI online, and the use of BPI online […].....»»
Phones, laptops top purchases for loans
Gadgets such as mobile phones and laptops are the top consumer products being purchased in the Philippines using loans, according to Home Credit Philippines......»»
Phone purchases pick up post-COVID
As the economy bounces back from the pandemic, Filipinos are starting to invest in new phones again, and they are mostly purchasing Chinese brands priced below $200......»»
US judge orders Elon Musk to testify in SEC’s Twitter probe
The US Securities and Exchange Commission is examining whether Elon Musk followed the law when filing the required paperwork about his purchases of Twitter stock, and whether his statements in relation to the deal were misleading.....»»
Philippines to import more rice – USDA
The United States Department of Agriculture (USDA) hiked its rice import forecast for the Philippines to 3.9 million metric tons this year, driven by bigger purchases from Vietnam......»»
Creation of more Bangsamoro economic zones welcomed
Business groups and local executives support the planned setting up by the Bangsamoro government of additional economic zones in the autonomous region and in its 63 barangays in Cotabato province in Region 12......»»