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CARS program expected to double PHL sales of automotive parts by 2017

 Economy
Jan 192016
 

THE PHILIPPINE Parts Maker Association expects local sales of vehicle parts and accessories to double to P240 billion by 2017 under the government’s Comprehensive Automotive Resurgence Strategy (CARS) program.

 Posted by BusinessWorld Online: Economy at 2:07 pm  No Responses »  Tagged with: CARS, PHL

BPOs in smaller cities keep PHL competitive — A.T. Kearney

 Economy
Jan 142016
 

THE PHILIPPINES remained the seventh most attractive country in the world for offshored jobs, as companies discover competitive labor supply in tier-3 cities, according to a report by consultancy A.T. Kearney.

 Posted by BusinessWorld Online: Economy at 5:19 pm  No Responses »  Tagged with: PHL

British financial, legal services firms eye PHL

 Economy
Jan 072016
 

THE PHILIPPINES could be a solid market for certain British service companies that will be looking to tap a “transforming” economy that is becoming “more sophisticated,” UK Foreign Secretary Philip Hammond said.

 Posted by BusinessWorld Online: Economy at 1:45 pm  No Responses »  Tagged with: PHL

PHL economy projected as 16th biggest by 2050 — HSBC

 Economy
Nov 252015
 

THE PHILIPPINES is expected to ride favorable demographics and rapid growth in global trade to become the 16th largest economy in the world by 2050, according to the Trade Winds report issued by the research arm of Anglo-Chinese bank HSBC.

 Posted by BusinessWorld Online: Economy at 5:20 pm  No Responses »  Tagged with: HSBC, PHL, Trade Winds

PHL must play to its strengths, help MSMEs share growth — Ho

 Economy
Nov 172015
 

AFTER HOSTING this year’s Asia Pacific Economic Cooperation (APEC) meetings, the Philippines should identify the sectors it can excel in and ensure that micro, small and medium enterprises (MSMEs) gain a share of economic growth, economic leaders said.

 Posted by BusinessWorld Online: Economy at 3:17 pm  No Responses »  Tagged with: Philippines, PHL

Labor supply main constraint to BPO growth in PHL regions

 Economy
Nov 092015
 

DAVAO CITY — The city’s business process outsourcing (BPO) industry is expected to continue its robust growth in the next few years but its sustainability will largely depend on the availability of qualified manpower.

 Posted by BusinessWorld Online: Economy at 4:58 pm  No Responses »  Tagged with: BPO, PHL

APEC meetings to reveal PHL’s prospects on TPP

 Economy
Nov 022015
 

THE PHILIPPINES will use the Asia-Pacific Economic Cooperation (APEC) meetings to find out more about joining the Trans-Pacific Partnership (TPP) when signatories of the trade bloc come to Manila this month for the annual summit.

 Posted by BusinessWorld Online: Economy at 3:59 pm  No Responses »  Tagged with: APEC, PHL, TPP

Germany warns solar firms of ‘complex’ PHL permits

 Economy
Nov 012015
 

THE ADMINISTRATIVE procedures relating to licensing and permits for on-grid solar photovoltaic plants in the Philippines has been described as “complex, time-consuming and costly” by the German international development agency GIZ.

 Posted by BusinessWorld Online: Economy at 2:49 pm  No Responses »  Tagged with: Germany, GIZ, Philippines, PHL

PHL trims Q3 rice production estimate, stocks shrink further

 Economy
Oct 152015
 

THE government said on Thursday that rice output in the third quarter was likely slightly lower than initially projected due to crop losses from a drought-inducing El Niño, pest attacks and typhoons, while stocks shrank for a fourth straight month.

 Posted by BusinessWorld Online: Economy at 3:37 pm  No Responses »  Tagged with: PHL

PHL eyes top 20% in competitiveness

 Economy
Sep 302015
 

THE PHILIPPINES will be aiming for a higher position in the global competitiveness rankings after achieving its goal of landing in the top third of this year’s World Economic Forum list, an official from the public-private National Competitiveness Council (NCC) said yesterday.

 Posted by BusinessWorld Online: Economy at 2:47 pm  No Responses »  Tagged with: PHL, World Economic Forum
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