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Packaging trade show to support MSME development efforts – DTI

The Regional Operations Group of the Department of Trade and Industry expressed support for the upcoming ProPak Philippines trade show, emphasizing its potential to offer opportunities for innovation and improvement in product processing and packaging to micro, small and medium enterprises......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Peso may outperform peer currencies this year

The peso is seen outperforming other currencies in the region this year, but is not likely to strengthen against the dollar due to expectations of delayed rate cuts and the Philippines’ trade deficit, according to British banking giant HSBC......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Philippine food firms’ sales hit $133 million in Dubai fair

Philippine food companies generated $133 million worth of export sales from a food trade show held in Dubai last month, according to the Center for International Trade Expositions and Missions......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

DTI, Google to Empower MSMEs and Jobseekers to be Digitally Ready

The Department of Trade and Industry (DTI) and Google Philippines announced their collaboration to help Micro, Small and Medium Enterprises (MSMEs) and jobseekers to be more digitally adept in a US Trade Mission meeting last March 11, 2024, held in Malacañang. DTI Secretary Fred Pascual expressed his appreciation of the partnership with Google and said […].....»»

Category: newsSource:  metrocebuRelated NewsMar 20th, 2024

China criticises 'bewildering' US trade policies in face of curbs from Washington

Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

China criticises 'bewildering' US trade policies in face of curbs from Washington

Beijing [China], March 7 (ANI): Chinese Foreign Minister Wang Yi criticised the United States for its "bewildering" trade policy, describing it as a series of "unfathomable absurdities," CNN reported. In a press conference held on the sidelines of a political gathering in Beijing, Wang accused Washington of employing various tactics to suppress China, highlighting the growing list of unilateral sanctions as reaching "bewi.....»»

Category: newsSource:  manilanewsRelated NewsMar 8th, 2024

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Lufthansa to build 2nd hangar in Philippines

MANILA, March 14 (Xinhua) -- Germany's flag carrier Lufthansa is looking to build a second hangar in the Philippines, as part of its expansion plans in the Southeast Asia region, said Philippine Trade and Industry Secretary Alfredo Pascual on Thursday. Pascual said the plan was discussed during a meeting between Philippine President Ferdinand Romualdez Marcos and Lufthansa's managers in Berlin where Marcos was o.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2024

Xinhua world economic news summary at 0900 GMT, April 1

MANILA -- The Philippine government's budget deficit increased to 164.7 billion pesos (2.93 billion U.S. dollars) in February, the country's Bureau of the Treasury said Monday. "The wider budget gap stemmed from the 22.14 percent year-over-year increase in expenditures, matched with moderate revenue growth of 5.73 percent," the bureau said. With the February turnout, the bureau said the year-to-date fiscal balan.....»»

Category: sportsSource:  abscbnRelated NewsApr 1st, 2024

Rare 4-shot swing keys Ababa’s rise to the top

Sarah Ababa staged an amazing comeback, erasing a daunting four-stroke deficit in just one-hole and leveraging that pivotal moment to propel herself to victory in the ICTSI Apo Golf Classic, ending a prolonged drought on the Ladies Philippine Golf Tour with a closing 73......»»

Category: sportsSource:  philstarRelated NewsMar 15th, 2024

Chan tops Q-School

Amateur standout Aidrid Chan marked his transition to the professional ranks with a remarkable victory in the Philippine Golf Tour Q-School, overhauling a four-stroke deficit with a 68 and securing the low medal honors by three at the South Pacific Golf and Leisure Estates here yesterday......»»

Category: sportsSource:  philstarRelated NewsMar 8th, 2024

Peso underperformance likely to continue – MUFG

The Philippine peso may continue to underperform against the dollar this quarter amid the country’s wide current account deficit and expensive foreign exchange valuations, Tokyo-based MUFG Bank said......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Southwoods rallies to rule PAL Interclub

Manila Southwoods rode on a hot start to overcome a five-point deficit and cruise to a 13-point victory in the 75th Philippine Airlines Men’s Regular Invitational at the Pueblo de Oro Golf and Country Club yesterday......»»

Category: sportsSource:  philstarRelated NewsMar 5th, 2024

Baratong gulay, prutas padayon nga gibaligya sa DFTC trade fair

Baratong gulay, prutas padayon nga gibaligya sa DFTC trade fair.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Finance chief floats free trade deal with Canada

Finance Secretary Ralph Recto has floated the potential of a free trade agreement with Canada as he sought more economic and investment opportunities with one of the world’s biggest economies......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2024

Free trade counteracts global shocks – ADB

“Free trade and free movement of capital have benefited our region for decades, and this must be the way forward.”.....»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

Marcos hopes for Philippines-EU FTA by 2027

President Marcos is hoping to conclude negotiations for a free trade agreement between the Philippines and the European Union by 2027 that is seen to further boost trade and investments between the country and the EU......»»

Category: newsSource:  philstarRelated NewsMay 7th, 2024

Marcos: PH, South Korea to sign free trade pact this year

President Marcos believes that the Philippines and South Korea will approve their free trade agreement (FTA) this year. He also aims for a separate deal to grant duty-free access for certain Philippine products to the South Korean market. The FTA, signed in September 2023 during the Association of Southeast Asian Nations summit in Indonesia, is.....»»

Category: newsSource:  inquirerRelated NewsMay 4th, 2024

Norway sees stronger economic ties with Philippines

Norway expects trade with the Philippines to continue to rise, supported by an existing free trade agreements (FTAs) and the growing market that will encourage more Norwegian firms to do business in the country......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

Philippines aggressively pushing free trade deal with US

The Philippines continues to aggressively push for a bilateral free trade agreement with the US, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsApr 27th, 2024