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.
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.
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.
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.
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.
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.
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.
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.
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.
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.