Seafood, fish products from Madridejos remain in demand amid pandemic

Morexette Marie B. Erram 11/29/2020

BANTAYAN ISLAND, Philippines — The coronavirus crisis has adversely affected nearly all sectors in Cebu, both small and large-scale.  But in the sleepy town of Madridejos, located approximately 140 kilometers northwest of Cebu City, fisherfolks are still…

Japan takes Korea off list of trusted trade partners, effective Aug. 28

08/03/2019

  JAPAN–Japan resolved on Friday to remove South Korea from a “whitelist” of 27 countries that receive preferential trade treatment.  Japanese Prime Minister Shinzo Abe convened a Cabinet meeting the same day to decide whether to revise…

Huawei calls on US to lift export restrictions

07/13/2019

SHENZHEN, China — The chairman of Huawei said the Chinese tech giant has yet to see any benefit from President Donald Trump’s promise to allow U.S. companies to sell some components to the company and called on…

Furniture sector turns to local market amid export slowdown

Delta Dyrecka Letigio 11/29/2018

The furniture export industry has been facing a slow decline in the past decade, but the local market is getting stronger. This was the view of Jim Cassels, marketing manager of Furniture City, who has been in…

Germany won’t export arms to Saudi for now: Merkel

AFP 10/22/2018

GERMAN Chancellor Angela Merkel said Sunday that Berlin would not export arms to Saudi Arabia for now in the wake of dissident journalist Jamal Khashoggi’s violent death. “I agree with all those who say when it comes…

Low export sales despite weak peso worries Philexport exec

Jose Santino S. Bunachita 09/27/2018

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…

Exporters upbeat about industry’s ’18 prospects China ties seen to boost sector next year

Victor Anthony V. Silva 12/14/2017

The Philippines’ warmer relation with China has gotten export players in Cebu more bullish for what’s in store for the industry in 2018. Federico Escalona, executive director at the Philippine Exporters Confederation, Inc. (Philexport) in Cebu, said…

Colliers: Export sector drives demand for industrial spaces in Metro Cebu

Victor Anthony V. Silva 08/16/2017

  The demand for industrial space and facilities in Cebu was seen to be sustained by the continued dynamism of the local export sector, according to property management and research firm Colliers Philippines. Colliers, in a report…

Export, IT execs: There’s still time to act, amend Train Bill

Victor Anthony V. Silva 07/04/2017

PROPOSED TAX REFORM PROGRAM Can business leaders in the export and the information technology-business process management (IT-BPM) industries prevent the Train (Tax Reform for Acceleration and Inclusion) bill passed by the House of Representatives from removing their…

Startups urged: Be exporters

Victor Anthony V. Silva 03/29/2017

Entrepreneurs told to avail of DTI program to help them export their products More start-up businesses were encouraged to take steps to become full-fledged exporters as the export industry is expected to experience a rebound this year,…

Cebu-Netherlands ties get boost

Victor Anthony V. Silva 03/21/2017

The Kingdom of the Netherlands saw strengthened ties with Cebu as it reopened its honorary consulate here last week. Marion Derckx, ambassador of the Netherlands to the Philippines, said they hope to forge new connections and business…

Bizmen see cheaper goods, lowered prices of gasoline

Victor Anthony V. Silva 01/17/2017

Business leaders in Cebu welcomed the idea of building an oil refinery in the province, citing its benefits to the local economy. For Virgilio Espeleta, Cebu Chamber of Commerce and Industry (CCCI) vice president for business development,…

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