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The Philippines’ largest business group urged the government on Wednesday to streamline trade policies, especially with the trade deficit now at $4.30 billion and a renewed focus on supporting MSMEs. Philippine Chamber of Commerce and Industry (PCCI)…
CEBU CITY, Philippines — Cebu City’s economy has benefited significantly from the Business Process Outsourcing (BPO) industry. The City Council plans to honor the dedicated workers in this sector by declaring a special ‘BPO Day’. Councilor Pancrasio “Francis”…
Over the last decade, the use of artificial intelligence (AI) expanded steadily, though often unnoticed. Now, with generative AI tools becoming more accessible, people are becoming more aware of AI’s potential, and this trend is expected to…
President Ferdinand Marcos Jr.’s visit to Washington last year has resulted in the US government organizing its first Presidential Trade and Investment Mission to the Philippines. Led by US Secretary of Commerce Gina Raimondo, the mission includes…
Three major power companies in the country have come together to launch a $3.3-billion (P184.89 billion) deal to build the Philippines’ inaugural and most extensive liquefied natural gas (LNG) facility in Batangas province. This initiative aims to…
CEBU CITY, Philippines – A total of P4,881,388 in fees was collected on the first day of processing and renewals of business permits in Cebu City on January 4, according to City Treasurer Mare Vae Reyes. She…
MANILA – Businesses and households are less optimistic about their prospects in the first quarter of 2024 due to concerns about ongoing high inflation and worries about lower income, according to the latest survey by the Bangko…
CEBU CITY, Philippines – Cebu City Mayor Michael Rama welcomed the proposal of two additional information technology (IT) parks in Cebu City. “The more, the merrier,” said Rama in an interview with CDN Digital on Thursday, November…
CEBU CITY, Philippines – A Memorandum of Understanding (MOU) has been signed between two business chambers to foster further collaboration for the expansion of trade and services between countries. The Cebu Chamber of Commerce and Industry (CCCI)…
CEBU CITY, Philippines — A total of 87 micro rice retailers received cash assistance from the government last Thursday, September 14, 2023. The Department of Social Welfare and Development (DSWD), in coordination with the Department of Trade…
CEBU CITY, Philippines – With the issuance of the Executive Order 39, some rice retailers at the Mandaue City Public Market expressed concern on the future of their business if prices from suppliers remain high. President Ferdinand…
MANILA, Philippines — The Federation of Philippine Industries (FPI) on Wednesday urged the government to limit the implementation of the price ceiling on rice to two to three weeks, warning that prolonging such a regulation could bankrupt…
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