MANILA, Philippines — The government plans to develop advertising, film, animation, game development and design as priority sectors in line with the country’s aim to become the top creative economy in Southeast Asia by 2030. In a statement, the Department of Trade and Industry (DTI) said it has received the creative economy roadmap submitted by the Creative […]
Read MoreKUALA LUMPUR – Malaysian trade officials see bright prospects for trade in halal goods, as well as in technology exchange with the Philippines which is now shaping up as a promising area in the halal value chain. The Philippines currently has a small consumption base for halal products owing to its small Muslim population, but […]
Read MoreFILIPINO shoppers are glued to their devices for good deals, an industry survey has found. Some 90.8 per cent of consumers in the Philippines look up products on their phones while in store, according to a recent global consumer report. This figure, along with the 88.8 per cent in neighbouring Indonesia, beats the worldwide average […]
Read MoreMANILA, Philippines — Customs duties and taxes collected by the Bureau of Customs (BOC) went up in March from a year ago level, but failed to hit target due to the impact of the congestion in some of the country’s ports, an official said yesterday. According to preliminary data posted in the agency’s website, the BOC’s collections […]
Read MoreMANILA, Philippines — Indonesian firm PT Mayora Indah Tbk is pouring in over $80 million worth of investments over the next five years for a coffee production and processing facility in Batangas. In a statement, Mayora, which is behind the popular Kopiko coffee brand, said it has entered into a memorandum of understanding with Lima Land Inc. for the […]
Read MoreMANILA, Philippines — The national government extended P2.77 billion in subsidies to government-owned and-controlled corporations (GOCCs) in February, the bulk of which went to irrigation and agriculture programs, according to the Bureau of the Treasury (BTr). Based on the latest cash operations report of the Treasury, government subsidies to state corporations reached P2.77 billion in […]
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