KUCHING, MALAYSIA, Oct 4, 2022 – (ACN Newswire via SEAPRWire.com) – Civil engineering specialist Sarawak Consolidated Industries Berhad’s (SCIB), wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), today unveiled a sample house built using a 3D printing system from COBOD International A/S, a Copenhagen, Denmark-based 3D construction specialist. Group Managing Director and Chief Executive […]
THE Bureau of Internal Revenue (BIR) said on Monday that taxes generated by the Philippine Offshore Gaming Operator (POGO) industry amounted to P4.4 billion in the eight months to August, up from the P3.91 billion collected over the full year in 2021 but significantly lower than the bullish pre-pandemic projections for the industry. The Department […]
JAKARTA, INDONESIA, Oct 3, 2022 – (ACN Newswire via SEAPRWire.com) – With Indonesia darting to incorporate the latest technology innovations in FSI, the country’s fintech is expected to generate $8.6 billion revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) that is bringing favorable regulatory changes and has even launched […]
MANILA, Sep 29, 2022 – (ACN Newswire via SEAPRWire.com) – Today, leading Philippine industry players including, Globe, GMA Network, Inc., Cignal TV, Inc, KROMA Entertainment and Smart Communications, Inc, joined hands with the Asia Video Industry Association’s (AVIA) Coalition Against Piracy (CAP) to announce the formation of the Video Coalition of the Philippines (VCP). The […]
THE PHILIPPINES’ chief diplomat is looking towards a maritime sector that places more priority into sustainability and ensures inclusivity for women, according to a statement released by the Department of Foreign Affairs (DFA) on Thursday in time for the observance of World Maritime Day. In a speech commemorating the event, Foreign Affairs Secretary Enrique A. […]
THE information technology and business process management (IT-BPM) is positioning the country as the “world’s No. 1 experience hub for digitally enabled and customer centric services” while generating an additional 1.1 million jobs and end 2028 with 2.5 million full-time employees and a US$59 billion annual revenues.“We do want to make sure that whether it […]
A RICE shortage is looming if the government does not address rising input costs and low farmer incomes, rice industry analysts and representatives said. “There is a threat that we might be lacking in rice. For us farmers, the first reason is because of low prices of palay (unmilled rice) and high input costs. Because […]
LONDON — A sugar-based alternative to vinyl could help to decarbonize the music industry, according to its developer. UK-based Evolution Music says its bioplastic can be used to create records and is aimed at making it easy for labels and artists to stop using plastic without altering record pressing plants’ existing machinery or production processes. […]
THE natural gas industry will require investment of P69.23 billion to help navigate the transition from domestically produced to imported gas, the Department of Energy (DoE) said on Thursday after announcing the completion of the Natural Gas Development Plan (NGDP). The estimated capacity of the receiving facilities required for the transition is 24.6 million tons […]
THE Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) said it needs government help in attracting more investment to the industry, and hopes to make its case to Cabinet officials next month. “The organization requested to meet with key Cabinet members to initiate its partnership with the new government and discuss the causes […]
THE Philippine Travel Agencies Association (PTAA) are projecting a “strong recovery” for the tourism industry due to pent-up demand. “I can say now is that the comeback of tourism is really strong. I can see the thirst from people to still travel even though we are experiencing global crises such as oil price hikes,” PTAA […]
By Luisa Maria Jacinta C. Jocson, Reporter THE FEED milling industry is minimally digitalized and needs to upgrade its processes much further to make operations more sustainable and efficient, an executive from an Austrian supplier of industrial equipment and technology said. “Our industry right now is going through a major development in terms of digitalization. […]
THE Department of Agriculture (DA) said it hopes to upgrade salt production by increasing the area devoted to salt-making, describing the current shortage as a food security issue. “Salt is a food security issue. Not being able to produce salt will hurt the country’s competitiveness and ability to become a successful agro-industrial economy,” the DA […]
Singapore, Sep 12, 2022 – (ACN Newswire via SEAPRWire.com) – The Asia Video Industry Association (AVIA) has released a new research study entitled Premium OTT – Building its Rightful Place in the Digital Market, to understand the usage of different video services in Singapore and attitudes towards them. The independent research study conducted by Milieu […]
By Luisa Maria Jacinta C. Jocson, Reporter THE increasing use of lithium in the production of electric vehicles (EV) is not expected to threaten demand for nickel, which is one of the Philippines’ major minerals, with industry officials calling the two metals complementary. “We’re not worried about the development of lithium because lithium can be […]
ENERGY Secretary Raphael P.M. Lotilla told legislators that electricity rates will not fall if the government re-enters the power business. “If Congress brings back the state into the power sector… (the government) will have to fund the maintenance of the power sector,” he said at the House committee on energy on Thursday. At the hearing, […]
THE Accredited Real Estate Salespersons in the Philippines (ACRES) is set to submit a position paper to two government agencies urging them to come up with simple and easy regulations and requirements to help more Filipinos take advantage of the robust opportunities in real estate service.ACRES interim national president Chris Malazarte said the group will […]
THE Land Bank of the Philippines (Landbank) has gathered key agriculture players who underscored the importance of adopting science-based approaches and latest technologies to address the challenges facing livestock raisers and achieve self-sufficiency in meat and dairy production.The second run of the Landbank AgriSenso Virtual Forum on Aug. 30, 2022 put the spotlight on the […]
THE Department of Trade and Industry (DTI) said it hopes to organize exporters into three “clusters” to create vibrant ecosystems among industries to raise their international competitiveness. Trade Secretary Alfredo E. Pascual told the Philippine Exporters Confederation, Inc. (PhilExport) on Aug. 31 that the three clusters are Industrial, Manufacturing, and Transport; Technology, Media, and Telecommunication; […]
By Luisa Maria Jacinta C. Jocson, Reporter THE tourism industry is struggling to staff up for the wave of “revenge travel,” with many employees from businesses that shut down having moved on to other jobs, the travel agency industry association said. “The biggest problem is we lack frontliners. The travel agencies that closed (saw their) […]