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Garment manufacturers in Philippines eye comeback

GARMENT manufacturers want more tax incentives to help the struggling industry, urging the government to take advantage of the Chinese companies who are interested to set up shop here. Foreign Buyers Association of the Philippines (Fobap) director Ding Buendia said there was a need for government subsidies, particularly for labour and power expenses, to bring […]

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Cambodia: ‘VN-Kingdom trade has great potential’

On the occasion of the visit of Vietnamese Secretary-General, President Nguyen Phu Trong to Cambodia from February 25 to 26, Vietnamese Deputy Minister of Industry and Trade Do Thang Hai talks with the Viet Nam News Agency about economic and trade development cooperation between the two countries. Could you describe the results of economic and […]

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Visa bullish on more opportunities in Philippines

MANILA, Philippines — Global payments service provider Visa sees more opportunities as the Bangko Sentral ng Pilipinas (BSP) ramps up efforts to increase cashless transactions in the country for a cash-lite economy. Dan Wolbert, Visa country manager for Philippines and Guam, said the objective of the BSP to raise cashless transactions to 20 percent by […]

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