PCC gives nod to merger of electronics companies
The Philippine Competition Commission (PCC) has approved the merger of two American firms engaged in the manufacture of semiconductor chips.
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The Philippine Competition Commission (PCC) has approved the merger of two American firms engaged in the manufacture of semiconductor chips.
AN advocacy group for education has launched an online program intended to train unemployed youth aspiring to enter the contact center work force.
Health care provider Zuellig Pharma Corp. has purchased 10 ultra-low temperature freezers in anticipation of the arrival of Covid-19 vaccines that need to be stored in various temperature requirements.
The Department of Trade and Industry (DTI) has proposed putting suggested retail price (SRP) on farm products “on all levels”—from producers to traders to retailers—to prevent cost increases in the supply chain.
Data privacy will play a crucial role in shaping the new normal, as governments and firms need to collect information from consumers for security concerns, according to an antivirus provider.
THE Department of Trade and Industry (DTI) said it plans to inflate the contribution of the electronic commerce (e-commerce) industry to 5.5 percent of gross domestic product (GDP), as it eyes to take advantage of the shift to digital during the state-imposed strict lockdown measures.
The Cabinet-level Committee on Tariff and Related Matters (CTRM) has agreed to lower pork tariffs to allow entry of cheaper imports in a bid to boost domestic supply and pull down rising prices of meat products.
No economic zone was raised last year, and the same may be expected this year.
Thai state officials and businessmen are begging the Philippine government to suspend its plan to lift concessions on Thailand-made imports as a retaliation to Bangkok’s noncompliance with the ruling on their cigarette dispute.
The Covid-19 pandemic has prevented innovators from carrying on with their projects as intellectual property (IP) applications filed before the government last year went down by mostly double digits.
Technology giant Google, its subsidiary YouTube and multinational Nestle were listed by Filipinos as brands they trust in terms of employing sustainability in their operations, according to a study.
The Department of Trade and Industry (DTI) is focusing on efforts to improve the compliance of business establishments with minimum health protocols to raise consumer confidence.
THE Philippines was the lone economy in Southeast Asia to avoid a contraction in foreign direct investments (FDI) last year, as FDI inflows to the country went up 29 percent in spite of all the challenges posed by the Covid-19 pandemic.
The Philippine Competition Commission (PCC) on Monday raised by 10 percent the amount of fines slapped on antitrust violators to keep track with inflationary adjustments.
THE entertainment business in Metro Manila may just open up in time for the love month, as the government plans to relax quarantine restrictions on the nation’s capital in February.
A consumer group has called on the Department of Agriculture to issue a price freeze on farm products, especially meat, to give buyers a reprieve from rising food prices.
ECONOMIES prone to illicit trade, including the Philippines, will find it difficult to obtain the highest credit ratings if their regulatory regimes and institutions remain entangled in corruption, a report has concluded.
The Department of Trade and Industry (DTI) on Thursday stressed the importance of putting in place the safeguard measure on vehicle imports shortly after Nissan Philippines Inc. announced its decision to shutter their operations here.
THE Export Development Council (EDC) has approved a reduced target for Philippine exports to at least $105 billion by 2022 on hopes that the new tax law and the infrastructure program would improve shipments.
For the economy to recover this year, an economist has proposed that the government should relax and unify its mobility rules to enable activities on travel, tourism and labor.
THE Department of Trade and Industry (DTI) on Tuesday vowed to reject all petitions to increase the price of canned meat on the basis of tariff, and committed as well to keep an eye on factors that may influence the cost of the basic good.
A Norwegian energy firm that has just entered the Philippine market has secured clearance from the Philippine Competition Commission (PCC) to acquire a firm engaged in the generation of green power.
THE Board of Investments (BOI) is eyeing to secure P1.2 trillion worth of investment pledges this year, while the Philippine Economic Zone Authority (Peza) is just looking to claw its way back to the P100-billion mark, in a display of the polarizing impact of the new tax law now on its final stage of bicameral deliberations in Congress.
TO encourage families to go out and boost consumer demand, the Department of Trade and Industry (DTI) has proposed to bring down age restriction in areas under general community quarantine (GCQ) to 10 years old.
Nonprofit Philippine Business for Education (PBEd) has demanded the government to allow the resumption of face to face classes “as soon as possible” to recover from learning losses suffered by the country the past years.
Car sales last year crashed by almost 40 percent as local vehicle assemblers had to shut down production and suspend distribution due to the health crisis and a volcanic eruption.
INVESTMENTS made in economic zones dropped by nearly a fifth last year to barely P95 billion, as the Covid-19 lockdowns prevented investors, especially Filipinos, from opening up new factories and expanding their existing plants.
THE Makati Business Club (MBC) urged political leaders planning to run in the 2022 national elections to relax foreign ownership restrictions required by the Constitution within the first year of their term.
THE Philippines is gearing up to retaliate against Thailand for its noncompliance to the ruling on their cigarette case, as the Tariff Commission begins its procedure to suspend preferential rates on dozens of Thai imports.
THE country’s largest business network on Monday asked policy-makers to prioritize the passage of economic measures over amending the Constitution to sustain government efforts to recover from the Covid-19 pandemic.
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