A Biden administration effort to untangle global chip supply snarls is facing resistance from lawmakers and executives in Taiwan and South Korea, complicating attempts to resolve the bottlenecks hurting industries from automobiles to consumer electronics.
CAGAYAN DE ORO CITY—The Cagayan de Oro Chamber of Commerce and Industry Foundation Inc. (Oro Chamber) on Tuesday said it is eyeing at least 400 micro, small and medium enterprises (MSMEs) to participate in this year’s Oro Best Expo 2.0 to showcase and sell their local products.
Among government agencies, it is the Department of Trade and Industry (DTI), with its mandate of “realizing the country’s goal of globally competitive and innovative industry and services sector contributing to the inclusive growth and employment generation,” which has been the lead when it comes to protecting the local manufacturing sectors in the country.
Activity in China’s vast factory sector contracted in September for the first time since the pandemic began, the latest sign of deceleration in the world’s second-largest economy.
THE new normal is here to stay. Whether they like it or not, the public and businesses need to continue to adapt to an ever-shifting environment and protocols amid the Covid-19 pandemic.
Russia projects Gazprom PJSC’s gas supplies to key markets, including Europe, Turkey and China, will grow to 197.3 billion cubic meters this year, as the world’s energy markets are battling the worst supply crunch in decades.
Ghana, the second-biggest exporter of cocoa beans, is facing a problem many would’ve thought impossible: you can have too much chocolate.
Local exporters and MSMEs can receive expert guidance on how to take full advantage of the Philippines-EFTA free trade agreement (PH-EFTA FTA) to break into and expand their existing operations in Europe in an upcoming webinar organized by the Department of Trade and Industry and the Department of Agriculture on September 28, 2021, from 4 p.m. to 6 p.m.
Manila-based tech-enabled exporting company 1Export has announced it has raised a $800,000 seed round that will enable them to scale their operations and expand to Indonesia.
COTABATO CITY—The Bang-samoro Board of Investments -Bangsamoro Autonomous Region in Muslim Mindanao (BBOI-BARMM) is facilitating the revival of banana farms in Maguindanao with the expected infusion of P200 million worth of new investments from two local firms.
Department of Trade and Industry (DTI) Secretary Ramon Lopez has urged Japanese firms to invest in the Philippines as opportunities for manufacturing, construction, and energy remain high despite the pandemic.
A fresh wave of protests at key Libyan oilfields and ports threatens to derail months of stability in the Opec member’s production and exports.
CAGAYAN DE ORO CITY—The Department of Agriculture in Region 10 (DA-10) has initiated an estimated P3.4 million worth of projects for the production of mushrooms and cacao in Northern Mindanao.
The Davao Marsman Agrarian Reform Beneficiaries Multi-Purpose Cooperative (DAMARB MPC), representing 697, or 92 percent, of the 762 agrarian reform beneficiaries (ARB) of the Marsman Estate Plantation Inc. (MEPI), wants to continue with its contract of lease with the export banana plantation company.
BEIJING—China’s factory activity decelerated in August as export demand weakened, a survey showed Tuesday.
Japan’s factory output edged down in July as the highly contagious delta variant of the coronavirus weighed on global supply chains and crimped production of cars, chemicals and electronics.
The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) is encouraging Philippine exporters to participate in the public consultations on the United Kingdom’s (UK) new GSP Scheme to provide inputs and suggestions, particularly on the relaxation of the current origin requirements for their products.