EXHIBITION venue operator World Trade Center Metro Manila (WTCMM) said it is expecting its industry to recover this year as demand surges with the return of onsite events. “The exhibition industry is well on its way to recovery in 2023. The year 2022 showed optimistic indicators that point to restored market confidence and renewed vigor […]
Tag: industry
P202.5-M worth of smuggled agri-fishery goods seized in Jan.
THE DEPARTMENT of Agriculture (DA) on Tuesday said it seized P202.5 million worth of smuggled farm and fishery products at the Manila International Container Port (MICP) in January. In a statement, the DA said the “misdeclared and misclassified goods” inside a total of 24 container vans were confiscated in several operations. The smuggled commodities include […]
ASEAN trade show generates over P100M in sales leads for Philippine tourism industry
THE Tourism Promotions Board (TPB) said a regional trade show generated over P100 million in sales leads for 16 exhibitors from the Philippine tourism industry. The TPB, the marketing arm of the Department of Tourism (DoT), was reporting the result of Philippine participation in the ASEAN Tourism Forum. In a statement on Monday, the TPB […]
Palace: Datagro to help boost Philippine sugar industry
President Ferdinand R. Marcos, Jr. has secured project commitments from Brazilian company Datagro to boost the Philippines sugar industry, the presidential palace said on Monday night. Datagro had proposed during a meeting between its officials and the Philippine leader to start its technology transfer project on the islands of Negros and Panay, the Presidential Communications […]
Mayor proposes bill amendment allowing gov’t to directly buy onions from farmers
THE MAYOR of Bongabon town in Nueva Ecija, tagged as the “onion capital” of the Philippines, recommended to include a provision in a proposed law that will allow government to buy onions directly from farmers and handle distribution to markets. At a House committee on agriculture and food meeting on Wednesday, Bongabon Mayor Ricardo I. […]
Davao ICT industry targets doubling of BPM workforce
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 […]
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 […]