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DTI okays higher prices of candles

Prices of candles will be higher by 2.06 to 2.42 percent effective September 17 this year on higher cost of imported paraffin wax, the raw material for candle making, the Department of Trade and Industry announced. Based on its approved new suggested retail price (SRP), the DTI said the SRP for the brand “Liwanag” candle […]

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PCCI sets business matching with Pakistan executives

The Philippine Chamber of Commerce and Industry (PCCI), the country’s largest business organization, is organizing a business matching session for a 13-man trade delegation from the Federation of Pakistan Chamber of Commerce and Industry on August 28, 2014, at the PCCI office at McKinley Hill, Fort Bonifacio, Taguig, from 3 p.m. to 5 p.m. During […]

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ASEAN business leaders to discuss 2015 integration issues

More than 300 top business leaders from across the ASEAN region are set to converge next month in Singapore to tackle trade and industry issues ahead of the economic integration in 2015. Tony Fernandes, AirAsia Group chief executive and ASEAN Business Club Advisory Council member, said the forum will be a venue for stakeholders to […]

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Hopes for ASEAN jobs abound

Hopes for ASEAN jobs abound

Mark David Roxas recently changed jobs, proving to himself that there is available work in the Philippines, for both the picky ones and the not-so choosy types. The 34-year-old now manages four Minute Burger stalls located in Manila, Quezon City and Marikina. Previously, he worked as team leader for an installation technician crew for Sky […]

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Mining firms seek exclusion from ‘no go’ zone

Four mining companies have sought for the exclusion of eight areas, which have been designated as part of the government’s “no go” zone or areas banned from mining activities. The four mining firms are Itawes Mining Exploration Limited Company, Surewin Mining Development Corp., Mount Baua Mining Corp., and Ludgoron Mining Corp. In separate letters addressed […]

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DTI expects commitment from auto investors

While the government has remained committed to finalize a policy environment that would grant a kind of fiscal incentives that would ensure the resurgence of the domestic automotive industry, it is also looking for players who shared the country’s ambition to become an auto manufacturing hub in the region, Trade and Industry Undersecretary Adrian S. […]

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PH gears up for TPP membership

The Philippines has done consultations with four member countries of the Trans Pacific Partnership (TPP) along with the implementation of measures for compliance over requirements for membership with this high-level ambition 21st century economic bloc. Trade and Industry Undersecretary Adrian S. Cristobal Jr. reported that the government led by the DTI has completed consultations with […]

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WTO rules against Argentina in import restrictions case

Geneva/Washington – A World Trade Organization (WTO) dispute panel ruled against Argentina on Friday in a 2012 case brought by the United States, European Union and Japan against the South American country’s licensing rules used to restrict imports. The three economic powers argued that Argentina did not automatically grant licenses to importers as required by […]

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Lowering cost key to making country’s SMEs competitive

Lowering cost key to making country’s SMEs competitive

Alfredo M. Yao, president of the Philippine Chamber of Commerce and Industry (PCCI), said that small and medium enterprises would benefit from Asean economic integration in 2015 if they can avail themselves of government policies designed to improve their capacities to trade and to exploit expanding regional opportunities. “Make no mistake about it: PCCI views […]

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BOI sets auto output volume for tax perk grant

The Board of Investments (BOI) has proposed a 200,000 unit cumulative production hurdle per vehicle model over a five-year period for an automotive firm to qualify for $1,000 subsidy per unit,  a move that has put industry players more restive while waiting for the government to finalize the long-delayed auto industry roadmap. Toyota Motor Philippines […]

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