Cooling Solutions provider Concepcion Industrial Corp. (CIC) plans to spend half a billion pesos this year, partly to expand its plant in Laguna, a senior company official said last week.
The Chief of the Bureau of Customs (BOC) on Friday revealed a list of short and long-term changes he was determined to implement in an effort to improve transparency and efficiency in the controversy ridden agency and reviving a proposal to restore pre-shipment inspection.
Davao City - The foreign chambers of commerce and industry here are pushing for the development of the Southern Mindanao Growth Corridor in this part of the country.
A trade pact between the Philippines and the European Union (EU) should be signed before 2016, businessmen yesterday said, else the country risk being left behind by Southeast Asian neighbors that are negotiating similar agreements.
The Department of Trade and Industry is moving aggressively to have a more strategic trade and investment relations with Europe with the expected signing of agreements within the year.
European Chamber of Commerce of the Philippines (ECCP) is undertaking a project in Bohol to making indigenous fibers an export commodity whose buyers include upscale European furniture companies and big name fashion houses, a move that may generate millions of pesos in revenues for the local weaving industry.
Major porters and foreign trade groups sought yesterday a dialog headed by the national government to tackle the effect of the Manila truck ban and the crafting of pragmatic solutions to the container port problem.
Efficient use of the ports in Manila, Batangas and Subic should be the solution, not a truck ban  in decongesting the streets of Manila, according to the Joint Foreign Chambers (JFC) and the Semiconductor and Electronics Industries of the Philippines Inc. (SEIPI).
The Philippines has received 120 million Euro grant (US$165 million) from the European Union (EU) for the power efficiency project called Switch to High Efficiency Motors (HEMs) to help the private sector, particularly sugar millers, save on operating cost.
The government's National Renewable Energy Program (NREP) seeks to increase the renewable energy-based capacity of the Philippines to 15,304 megawatts (MW) by 2030 from 5,438 MW in 2010, a ranking energy official said at the Philippine German Bioenergy Market Development press conference yesterday.
The influential Joint Foreign Chambers (JFC) backs the proposed reforms of the country's Immigration Act at the same time presents its recommendations to the leaders of the House of Representatives.
Philippine exports to Europe may spike by as much as 20 percent in the first year alone should the new trading scheme with the European Union (EU) gain approval, said the general manager of the European Chamber of Commerce in the Philippines (ECCP).
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