PRESIDENT Ferdinand R. Marcos, Jr. on Tuesday asked business leaders to invest in education and skills training, and research and development (R&D) to help the government in accelerating job creation. Mr. Marcos, speaking at the Arangkada forum organized by the Joint Foreign Chambers in the Philippines, said his administration aims to boost employment in the […]
Tag: sector
Factory activity inches higher in Nov.
By Luisa Maria Jacinta C. Jocson, Reporter FACTORY ACTIVITY in the Philippines expanded for a tenth month in a row in November, although jobs fell for the first time since March, a survey by S&P Global showed on Thursday. The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) inched up to 52.7 in November, from […]
Colliers: Cebu’s retail is back
PROPERTY advisory firm Colliers Philippines sees a rebound in Cebu’s retail scene amid fears of muted spending due to challenging market conditions. According to Collier’s latest market report, many mall operators including in Cebu are now reporting that consumer traffic is starting to bounce back to 2019 levels. “We now see the resurgence of high-density […]
IBEX India 2023, India’s most comprehensive trade fair & conference for the BFSI Tech & Fintech sector
MUMBAI, INDIA, Nov 17, 2022 – (ACN Newswire via SEAPRWire.com) – The 10th edition of IBEX, India’s leading Tradefair & Conference for the BFSI & Fintech sector, is scheduled from 19-21 January 2023 at the Jio World Convention Centre, Mumbai, India. The BFSI & Fintech sector in India has gone through a significant expansion over […]
Economist: Exchange rate depreciation not necessarily bad
AN ECONOMIST has considered the peso as the most competitive currency now amid its depreciation that benefits even non-exporters. “Right now, to be honest, we are okay. Why? Because (the) peso depreciated the most since the start of this year. I would rather call that we are the most competitive currency now rather than calling […]
Property valuation reform seen unlocking housing potential, firming up LGU finances
By Luisa Maria Jacinta C. Jocson, Reporter THE reform of the property valuation system and the digitalization of records is expected to drive growth in the housing industry, while simultaneously boosting the revenue of local governments through higher property tax assessments, economists said. “This is consistent with addressing the housing backlog of about 6.5 million […]
House climate change committee to tap public, private sector experts for bills on green economy
THE HOUSE Committee on Climate Change will tap public and private sector experts to help enhance proposed laws aimed at creating a more green Philippine economy and protect sectors most vulnerable to climate change. Negros Oriental Rep. Jocelyn Sy Limkaichong, vice chair of the committee, said via e-mail that there are pending measures in Congress […]
Nigerian FG to Stop Importing Digital Products and Services says Digital Economy Minister
ABUJA, Nigeria, Oct 26, 2022 – (ACN Newswire via SEAPRWire.com) – With stakeholders in the Digital Economy, from within and outside Nigeria, gathered at Digital Nigeria 2022 to brainstorm on a sustainable digital economy for the nation, the Federal Government declared that it was no longer accepting importation of any digital technological product or service […]
The 10th edition of IBEX INDIA, an international trade fair and conference for the BFSI Tech & Fintech sector
MUMBAI, INDIA, Oct 26, 2022 – (ACN Newswire via SEAPRWire.com) – The BFSI and Fintech sector’s development is driven by technological progress. In light of the growing convergence between banking, financial services, and technology, 2022 has been labelled as a breakthrough year by industry insiders, as it is fuelled by using technologies such as Artificial […]
Bus carousel, ports first in line for PPP
THE Department of Transportation and the Department of Public Works and Highways said the EDSA bus carousel and seaports will be among the first projects to be offered up for public-private partnerships (PPPs). “We plan to invite as much private sector participation in our infrastructure projects (as possible), such as for the EDSA Carousel, the […]
Marcos highlights tourism push in San Juanico Bridge switch-on event
PRESIDENT Ferdinand R. Marcos, Jr. underscored his tourism push after he led the lighting of a 2.16-kilometer bridge, built in the early ‘70s, connecting the central Philippine provinces of Samar and Leyte. The P80-million San Juanico Bridge Aesthetic Lighting and Sound Project will significantly boost the tourism industry in Eastern Visayas, Mr. Marcos said in […]
Palace: Oct. 31 will be a special nonworking day to boost tourism
PRESIDENT Ferdinand R. Marcos, Jr. has issued a proclamation making the eve of All Saints’ Day, Oct. 31, a special nonworking holiday, according to the presidential palace. The president issued the order so Filipinos can spend more time with their families and boost local tourism, Acting Press Secretary Cheloy Velicaria-Garafil told a news briefing. All […]
Harnessing the power of national teamwork
In its first 100 days, the new Marcos administration has hit the ground running. The President’s campaign promise to transform the lives of Filipinos by transforming the Philippine economy is now being vigorously pursued by his economic team through a focused development agenda that appears to combine the inherent powers of both business and politics […]
Marcos says agri ambitions go beyond self-sufficiency
PRESIDENT Ferdinand R. Marcos, Jr. said on Thursday that his goals for agriculture go beyond achieving self-sufficiency, and extend to making the Philippines a global leader in food production. “The work to improve our agricultural sector and improve the plight of our farmers and fisherfolk has only just begun. We need to continue to open […]
Amendments sought on bills protecting freelancers, workers in the informal sector
LABOR and employers groups as well as government agencies have sought amendments to bills seeking to protect freelancers and workers in the informal sector. Among the provisions that were cited for clarification include the definition of freelancers with regards the more general informal sector workers, compensation rates provided under contracts, and social security benefits. “We […]
DFA chief says a more sustainable global maritime sector must also improve seafarers’ welfare
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. […]
Bangsamoro gov’t submits P85.3-B proposed budget for 2023
THE BANGSAMORO government has submitted an P85.3 billion proposed budget for 2023, up 6.8% from this year’s P79.86 billion expenditure fund for the autonomous region in southern Philippines. “This plan will hopefully transform the Bangsamoro Autonomous Region to become a better environment for our people who shall enjoy the benefits of a better economy,” Bangsamoro […]
New Programme Launch by IIM Ahmedabad & ENAC France, Advanced Management Programme for Professionals in Aviation and Aeronautics
MUMBAI, INDIA, Sep 28, 2022 – (ACN Newswire via SEAPRWire.com) – The Indian aviation and aeronautics sector has emerged from a challenging pandemic period and is flying high once again. The number of travellers is expected to double to 400 million in the coming years and the market size is anticipated to grow to US$ […]
Private sector leaders laud Marcos US trip
THE PRIVATE Sector Advisory Council (PSAC) on Monday said President Ferdinand R. Marcos, Jr’s recent trip to the United States was a “resounding success,” citing the prospect of new investments to boost economic recovery. “This trip was a resounding success. We have a true statesman in President Marcos. He represented our country with pride, diplomacy, […]
Mark your calendar to be a part India’s most comprehensive trade fair for the BFSI Tech & Fintech sector
MUMBAI, INDIA, Sep 20, 2022 – (ACN Newswire via SEAPRWire.com) – The BFSI & Fintech sector in India has gone through a significant expansion over the last few years witnessing a massive move towards digitization and the pandemic has accelerated the adoption of various digital technologies, processes and systems. With the pandemic adversely affecting the […]