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Amid a continuing depreciation of the peso versus the dollar, the local exporting industry is supposedly seen to benefit. However, local business leaders have noted that despite the opportunity for exporting to flourish with the depreciation of…
Optimistic exec: GSP+, gift given to PH without any political influence Local exporters remain optimistic that trade relations between the Philippines and Europe will continue to flourish. According to PhilExport Cebu executive director Federico Escalona, they do…
Philexport Cebu official shows guarded optimism on sector’s growth, gives advice As the country’s export sector faces challenging times, local businessmen are encouraged to prepare themselves when the rebound will happen in the industry. Federico Escalona, Philippine…
Think tank: Digong’s ‘erratic behavior’ may discourage fresh investments from coming in; biz heads agree Business leaders in the retail and export sectors in Cebu are seeing signs today of what a London-based think tank has foreseen…
Traders urged to consider exporting fruits to get slice of China’s market Explore opportunities in the fruit export sector. Federico Escalona, Philippine Exports Confederation, Inc. (Philexport) Cebu Chapter executive director, made this call to local exporters as…
EXPORTERS in Central Visayas are encouraged to continue to innovate and improve their products and explore new markets to survive in a market that has been experiencing a 17-month decline in demand. Trade Secretary Ramon Lopez said…
Exports up in 3rd quarter; exec says last quarter to determine sector’s health While the rebound of the Philippine exports sector at the end of the third quarter of the year may be considered good news, a…
Business leaders in Cebu lauded the present administration for the 7.1-percent growth of the Philippine economy during the first three months of President Rodrigo Duterte in office. However, some said this could also be owed to the…
Foreign businessmen have expressed concern over President Rodrigo Duterte’s announcement that he would “break up” economic and military ties with the United States of America and has led them either to postpone expansion plans here or leave…
The Philippine government can help its small to medium-scale exporters by subsidizing expenses for quality management system certifications required by markets such as the European Union (EU). Federico Escalona, executive director of the Philippine Exporters Confederation, Inc.…
Amid a weak global market, exporters are encouraged to temporarily focus on the domestic market and explore opportunities in emerging markets such as countries in the Asean, European Union, Australia and South America. “We can tap their…
THE Cebu Port has cut by 4.5 percent or P540 million its revenue shortfall in the first seven months of the year. Acting Cebu Customs District Collector Rico Rey Francis Holganza said yesterday that the Cebu Port…
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