Business leaders on PHL Covid-19 response: Mediocre, slow
A YEAR into the nationwide quarantine, key business leaders concluded the government response to the health crisis that has cost millions of Filipinos their jobs fell far short of ideal.
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A YEAR into the nationwide quarantine, key business leaders concluded the government response to the health crisis that has cost millions of Filipinos their jobs fell far short of ideal.
The Board of Investments (BOI) is urging Chinese toy manufacturers to transfer their production facilities here, as the agency seeks to take advantage of the growing demand for video games during the Covid-19 pandemic.
A manufacturer of bathroom equipment in the Philippines is planning to produce a device that serves as a thermal scanner and alcohol dispenser, and detect people in public spaces who are not wearing a face mask.
One of the country’s leading sardines makers has expanded its manufacturing capacity by 50 percent in anticipation of an increase in demand for canned goods.
PUBLIC and private leaders have agreed certain measures must be adjusted and specific policies pursued to improve the national Covid-19 response, especially now that the country is entering the vaccination phase.
THE Board of Investments (BOI) has asked Chinese investors to set up shops in the Philippines for the manufacture of products of the future, especially now that the economy is poised to grow capital inflows as part of its recovery.
EMPLOYERS have asked the government to relax the rules for vaccine purchase, as micro, small and medium enterprises (MSMEs) are finding it difficult to buy doses for their workers.
CHINESE investors are expected to attend a public-private forum on Wednesday to see how they can do business in the Philippines in time for its recovery from the Covid-19 pandemic.
The Department of Trade and Industry (DTI) expects appetite for travel to improve in time for the summer season, as the arrival of Covid-19 vaccines and easing of mobility requirements should encourage people to move around the country.
AN advocacy group pushing for the resumption of face-to-face classes has asked policymakers to come up with measures that will equip graduates with skills needed in the digital economy.
AS awkward as it may sound, the Philippines stands to “gain” from the political turmoil haunting its Asean neighbor Myanmar for weeks now, as clothing orders worth $500 million may be transferred here to the benefit of local manufacturers.
INDUSTRY leaders said on Tuesday keeping the nation’s capital under general community quarantine (GCQ) after one year of lockdown until Covid-19 vaccines are administered risks deepening the economic malaise. They expressed belief that President Duterte’s judgment call to reject the economic managers’ recommendation for a March 1 nationwide modified general community quarantine (MGCQ) could have considered how badly mobility restrictions are hindering the hoped-for recovery.
Beverage giant Coca-Cola has invested $63 million for its operations here in the Philippines to be used for expanding its Sta. Rosa plant and improving production capacity.
The National Privacy Commission (NPC) is investigating an online lending app for a data breach in its platform that resulted in the leak of user information on the dark web.
The Philippine Competition Commission (PCC) on Monday warned the shutdown of micro, small and medium enterprises (MSMEs) may diminish the number of players in the market and leave consumers with lesser choices in sourcing their essentials.
A manufacturer of fast chargers and retrofit kits has secured fiscal incentives from the Board of Investments (BOI) for its commitment to produce batteries for electric vehicles (EV).
Innovators who are targeting to introduce their products and services to the commercial market may now avail of fiscal incentives from the Board of Investments (BOI).
The Board of Investments (BOI) has asked Japanese manufacturers to turn the Philippines into their Southeast Asian hub for personal protective equipment (PPE) production on commitments of domestic demand, trade privileges and fiscal support.
The owners of an online lending app allegedly found to be violating data privacy rules is now facing the full force of the law and may end up getting six years of jail time and paying up to P6 million in fines.
The Department of Trade and Industry (DTI) is enticing Indian firms to set up shop in the Philippines to capitalize on the new trade deal among Asia-Pacific economies that New Delhi failed to sign.
THE Department of Trade and Industry (DTI) on Wednesday warned policymakers that families may sink into poverty and hunger if they insist on keeping several sectors of the economy shut.
A minimum of 200 vaccine doses is required for micro, small and medium enterprises (MSMEs) to place an order in the procurement being settled with American manufacturer Novavax.
The automotive industry has failed to sustain its momentum from the holidays, as it opened the year with a sales dip in anticipation of additional taxes on imported models.
THE always stopped and smelled the flowers she sold for more than two decades. Last year, Remedios Cruzat just stopped. And the flowers white and pink baby’s breath, red roses and blue and purple aster disappeared from sight at a street in downtown Manila.
The government has ceased collecting vaccine orders for micro, small and medium enterprises (MSMEs) on the promise that the state’s procurement would be enough to cover the entirety of the population.
THE Philippines has scored dismally in a United Nations index that measures the capacity of economies to take advantage of their resources to produce goods and services.
The Cagayan Economic Zone Authority (Ceza) is investing more than P400 million to put up 2 commercial centers in anticipation of new investors in financial technology (fintech).
The Department of Trade and Industry (DTI) is banking on the new tax law to generate 2 million jobs at a time roughly 4 million Filipinos were left unemployed by the Covid-19 pandemic.
THE Philippines stands to lose nearly $2 billion worth of shipments if the country loses its trade incentive from Washington, as the government hopes Democrats would set aside their critical view of President Duterte in favor of economic cooperation.
THE government may need to distribute another round of social amelioration to poor families to improve consumption, or else they would fail to keep up with the surge in food prices, business leaders pitched on Sunday.
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