Duterte told the business community that if they are wary of the situation of the Philippines, they can always go and the Philippines can survive. President Rodrigo Duterte challenged the business community who are not happy with his recent pronouncements to just leave the Philippines. This is the reaction of President Duterte to the statement … Read more
Businessmen calm call center agents who fear to lose jobs due to BPO companies pullout following the spicy tirades of President Duterte to the US. The Employers’ Confederation of the Philippines (ECOP) calmed the employees of the Business Process Outsourcing (BPO) companies for the supposed pullout following the tirades of President Rodrigo Duterte to the … Read more
The Philippines and China will sign $13.5 billion worth of investments during Duterte’s state visit in Beijing. The Philippines and China will sign a $13.5 billion worth of investments during President Rodrigo Duterte’s state visit in Beijing. According to Department of Trade and Industry (DTI) Secretary Ramon Lopez said during a business forum on October … Read more
October is Consumer Welfare Month and the DTI reminds commercial establishments that there is no way they can implement “No Return No Exchange” Policy. The Department of Trade and Industry (DTI) reminds all commercial establishments across the Philippines that they cannot implement “No Return No Exchange” Policy to complaining customers. According to DTI, the “No … Read more
More than two months to go and it is Christmas time but the DTI reminds the public to be mindful in buying Christmas lights amid the shopping rush. The Department of Trade and Industry (DTI) is advising the public to be extra careful in buying Christmas lights or lighting chains to be used coming the … Read more
Samsung Electronics has suspended the production of the Galaxy Note 7 smartphones, a month after it recalled the phones over explosive batteries. According to South Korean media, the suspension of Samsung of the production is following the reports of fires in replacement devices. “[Samsung] still hasn’t confirmed that it has definitely halted production of the … Read more
Duterte Administration Eyes Russia And China For Boosting Trade Russia and China eyed by Duterte administration for boosting trade regarding Rodrigo’s tirade against the United States of America. Duterte administration eyes Russia and China for boosting the trade of the country. Russia has been a large market of the Philippines, which have a total population … Read more
The Department of Energy aims to make Philippines 100 percent electrified in the year 2020. The Department of Energy (DOE) is targeting to make the entire Philippines reached by electricity four years from now. According to DOE Secretary Alfonso Cusi, the administration of President Rodrigo Duterte is setting a 100 percent electrification target for the entire … Read more
The World Bank forecast that the Philippine economy to grow by 6.4 percent this year and 6.2 percent in the next two years. The World Bank expressed confidence that the Philippine economy will continue to grow and may surpass the growth rate of other countries in the Asia region. This is despite of the alarm … Read more
The report noted that the Philippines is among the 23 percent of 82 economies in the world that have the PPP regulations that ensure consistency in its priority projects. The Public Private Partnership or PPP program of the Philippines has received high scores from the World Bank (WB) in the recently released “Benchmarking Public Private … Read more