Lopez: Impact of Ukraine-Russia crisis on PH trade minimal

Trade and Industry (DTI) Secretary Ramon Lopez said possible disruption on the country’s trade with Ukraine and Russia will be minimal amid the crisis between the two nations. “Offhand, less direct impact given our small trade with Ukraine, only around $200 million,” Lopez told reporters in a Viber message. He said that despite the crisis, […]

Adopting Aquino’s style: Duterte wants infra projects done via PPP

With barely a year left into his term, President Rodrigo Duterte is taking a page out of his predecessor’s book when it comes to public infrastructure projects. MVP Group seeks faster approval process for infra projects to boost economy The National Economic and Development Authority (NEDA) is seeking amendments to the Implementing Rules and Regulations […]

CREATE law attracts US investors

Foreign investors, especially those from the US, have expressed interest to do business in the Philippines following the passage of the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) this year, according to Trade and Industry (DTI) Undersecretary Ceferino Rodolfo.

Cement manufacturers offer to undergo import shipment inspections

In a move aimed at fostering industry harmony and ensuring adequate supply for the Duterte government?s infrastructure push, three of the country?s biggest cement manufacturers have offered to waive their exemptions from inspection procedures for cement shipments which are currently required only from pure importers.