DAVAO’s information and communications technology (ICT) industry is planning to double the current business process management (BPM) workforce in the region to 150,000 by 2028. Xavier Eric B. Manalastas, president of the ICT-Davao, Inc. industry association, said this was the region’s commitment to the IT and Business Process Association of the Philippines, whose own target […]
Tag: industry
Marcos backing for RCEP premature, think tank says
PRESIDENT Ferdinand R. Marcos, Jr.’s declaration of support for the Regional Comprehensive Economic Partnership (RCEP) is premature pending the resolution of the agriculture industry remaining unresolved, a think tank said. Policy research group Focus on the Global South said that the RCEP agreement is awaiting the Senate’s concurrence, where the trade deal is being studied […]
Calling all tech enthusiasts and startup visionaries!
DUBAI, Jan 24, 2023 – (ACN Newswire via SEAPRWire.com) – The highly-anticipated Step Conference 2023, the leading tech festival in emerging markets, is returning to Dubai Internet City for its 11th edition on February 22-23, 2023. And trust us, this year’s event is going to be like nothing you’ve ever experienced before! We’re talking retro-futurism, […]
Cold storage industry warns capacity inadequate for mitigating onion crisis
THE cold storage industry said its capacity is inadequate if the government intends to counter the onion shortage by building up inventories. In a briefing on Monday, the Cold Chain Association of the Philippines (CCAP) estimated the required investment at P150 million for every 2,500 metric tons (MT) of onions held in storage. It also […]
US CHIPS law not expected to rule out foreign production
THE head of the US Semiconductor Industry Association (SIA) is exploring the Philippines as a hub, noting that a recent US law encouraging tech companies to re-shore their operations will not rule out overseas production. SIA President John Neuffer met with Board of Investments (BoI) Managing Head Ceferino S. Rodolfo on Jan. 16 to discuss […]
NAIA privatization seen driving tourism revival
THE PROPOSED privatization of the Ninoy Aquino International Airport (NAIA) is expecting to support the growth of the tourism industry, according to Go Negosyo Founder Jose Maria A. Concepcion III. “Our airports create the first impression of our country, and since tourism has (the potential) for growing our economy, any improvement made here will […]
Toyota pushes zero-emission goals by converting old models
TO ACCELERATE the global move toward sustainable vehicles, Toyota is suggesting simply replacing the inner workings of vehicles already on the roads with cleaner technology like fuel cells and electric motors. “I don’t want to leave any car lover behind,” chief executive Akio Toyoda said Friday, Jan. 13, 2023, appearing on the stage at the […]
Senate agri panel chair tells DA: Set sights on self-sufficiency, not importation
SENATOR Cynthia A. Villar on Wednesday called out the Department of Agriculture (DA) for its continuing reliance on importation instead of focusing on building up self-sufficiency through programs that will help farmers improve their yield. In a hearing on Senate Bill 120 or the Corn Industry Development bill, the chair of the agriculture and food […]
Plotting toy market’s future – from e-commerce to NFTs
HONG KONG, Jan 11, 2023 – (ACN Newswire via SEAPRWire.com) – Industry players should catch up on trends, especially on technology use, as the world returns to normal this year, delegates at the Hong Kong Toys Industry Conference 2023 heard. The conference covered a plethora of the industry’s pressing issues, trends and aspirations themed “The […]
EPIRA bills seek to promote competition
PROPOSED amendments to the Electric Power Industry Reform Act (EPIRA) of 2001 (Republic Act 9136) are focused on encouraging broader competition in the power industry, according to a co-author of one of the pending bills as well as an industry analyst. “The introduction of more private power generation companies necessitates policy changes to promote healthy […]
Foreign tourists in PH reach 2.65M in 2022
INTERNATIONAL tourist arrivals in the Philippines soared to 2.65 million in 2022, breaching the 1.7 million target, the Department of Tourism (DOT) announced Tuesday. The visitor count as of Dec. 31, 2022 translates to P208.96 billion or US$3.68 billion in tourism revenue, a 2,465.75 percent increase from the same period last year. The holiday season […]
MPIC unit, Israel’s LR Group invest P2B in dairy business
METRO Pacific Investment Corp. (MPIC) announced on Thursday that its new unit, Metro Pacific Agro Ventures (MPAV), and Israel’s LR Group are investing P2 billion for the expansion of its existing dairy business. “We are now talking to banks,” MPAV President Jovy I. Hernandez said during the groundbreaking of the company’s facility in Bay, Laguna. […]
World Fintech Show features dynamic collaborations set to influence the direction of fintech in Saudi Arabia.
After two thrillingly eventful days, World Fintech Show, Powered by Revival Lab, Fintactics, and Arbah Capitalconcludes after leaving the Saudi fintech industry with a lot to look forward to. This event is widely considered a pivotal turning point for the Saudi Arabian fintech market. Riyadh, Saudi Arabia, Dec 22, 2022 – (ACN Newswire via SEAPRWire.com) […]
Gov’t cold chain database due for launch in February
THE Board of Investments (BoI) said on Thursday that the government is working with the private sector to launch the Cold Chain Database by February. “With the database’s completion, specifically on generating viable investment locations based on supply-demand gap analytics, the BoI can now fine-tune its investment prospectus for the cold chain industry,” Francis Peñaflor, […]
Korea Environmental Industry Association Revamps Environmental Technology & Product DB Search Portal EIDB
Seoul, Korea, December 20, 2022 – (SEAPRWire) – ‘EIDB’, an environmental technology product DB search portal in the domestic and international market by Korea Environmental Industry Association, is expected to have a service revamp in 2023 to present a new feature. It is the environmental technology product DB search portal that can satisfy the needs of the environmental […]
AustAsia Group in The Progress of IPO: One of The Top Five Dairy Farm Operators in China with Bright Future
HONG KONG, Dec 20, 2022 – (ACN Newswire via SEAPRWire.com) – Reproduced from Bloomberg Terminals, the dairy products increasingly become the daily necessities for the general public in the domestic market, especially in the era when the concern over health and nutrition is raised considerablely, and there are brand-new opportunities for the dairy industry to […]
ASEAN Ceramics 2022 celebrates its return as the Ceramic Hub of Southeast Asia in Bangkok
The resumption of the leading and only regional exhibition for Ceramics More than 100 exhibitors and brands globally The trade fair consisting of exhibitions and its holistic supporting programs attracted 2,128 attendees spanning from nearly 30 countries BANGKOK, Dec 16, 2022 – (ACN Newswire via SEAPRWire.com) – Once again, the ASEAN Ceramics trade fair has […]
Electric co-ops back EPIRA tweaks to allow gov’t power generation
THE Philippine Rural Electric Cooperatives Association, Inc. (Philreca) has declared its support for amending the Electric Power Industry Reform Act (EPIRA) of 2001, citing the need to once more allow government entities, including local government units (LGUs), to generate power. In a statement on Tuesday, Philreca said: “Continuing a deregulated generation sector will only result […]
Singapore-based Semiconductor Equipment and Materials Specialist Rokko Marks 30 Years of R&D Breakthroughs, Focus on Quality & Reliable Technical Support
SINGAPORE, Dec 13, 2022 – (ACN Newswire via SEAPRWire.com) – Rokko Holdings Ltd (“Rokko”) has marked its 30th anniversary as a proven specialist in the global semiconductor industry, having overcome successive challenges and business cycles through its commitment to innovation and R&D, with a focus on quality and strong technical support at the core of […]
GHY and Curtin University Sign MOU to Jointly Shape the Next Generation of Media & Film Talents in the Region
Singapore, Dec 8, 2022 – (ACN Newswire via SEAPRWire.com) – G.H.Y Culture & Media Holding Co., Limited (“GHY”, and together with its subsidiaries and its PRC Affiliated Entities, the “Group”), a leading diversified group in Asia’s media and entertainment industry, is pleased to announce that G.H.Y Culture & Media (Singapore) Pte. Ltd., a subsidiary of […]