CONSUMER PRICES growth likely accelerated in December, the chief economist at the Department of Finance (DoF) estimated, citing the seasonal uptick in demand, after-effects from fuel price movements and typhoon Nona.
GREGORY L. DOMINGO yesterday formally turned over the reins of the Department of Trade and Industry (DTI) to incoming Secretary Adrian S. Cristobal, Jr., who will have about half a year to hold office before a new Philippine president is sworn in.
DAVAO CITY — When President Benigno S. C. Aquino III took his oath as the President of the Philippines in 2010, Mindanao didn’t have enough power.
THE PHILIPPINES should focus on addressing a number of issues — including its poor infrastructure and the way the government does business — for it to reap the full benefits of a free trade agreement (FTA) with the European Union (EU).
DAVAO CITY — The Department of Tourism (DoT) has solicited the services of a Singapore-based accreditation body to look into the readiness of Philippine establishments for halal tourism.
American entrepreneur, author and motivational speaker Jim Rohn once said: “All good men and women must take the responsibility to create legacies that will take the next generation to a level we could only imagine.” This is timely food for thought as we open the New Year because it is, in essence, forward thinking.
THE aerospace industry is expected to have met its revenue target of almost $800 million as well as its job generation goals for 2015, with broad segments of the industry reporting solid performances.
THE ELECTRONICS industry is expected to post revenue growth of 10% in 2016 — double the 5% expansion projected this year — amid strong overseas demand and foreign companies setting up shop in the Philippines.
THE GOVERNMENT booked another double-digit rise in taxes collected from so-called “sin” products in November, according to data from the Bureau of Internal Revenue (BIR).
DAVAO CITY — Banana growers and exporters in the Philippines, currently the second biggest such industry in the world, are bracing for competition from fellow members of the Association of Southeast Asian Nations (ASEAN), which have started to develop banana plantations.