HSBC survey reveals the Philippines as a top target for international businesses eyeing Southeast Asian markets. Competitive wages and a growing consumer sector make it an appealing destination. Learn more about key drivers and challenges.
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THE IT-BPM industry is on track to reach 1.7 million full-time employees (FTEs) by the end of 2023, despite the industry having “more demanding” job requirements for job seekers and graduates, IT and Business Process Association of the Philippines (IBP...

Manila and local producers should address “supply side issues” and “capacity constraints” to enable exporters of durian and calamansi juice to increase their market share in China, according to Department of Trade and Industry (DTI) officials.
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Local exporters of semiconductors and electronics said the Philippines’s free trade agreement (FTA) with South Korea would help the industry expand its market share and boost its growth prospects.

Flour millers are pushing for the extension of the anti-dumping duties on Turkish wheat flour, which “poses a threat” to the domestic industry.

THE Asian Development Bank (ADB) said Wednesday it has approved a $303-million loan for an infrastructure project that is expected to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines.

THE Board of Investments (BOI) is close to hitting the P729-billion mark of investment approvals recorded in 2022 as it has approved P720 billion worth of investment projects as of August 2023.

UK-BASED think tank Oxford Economics said the recent weakness in goods trade has been concentrated in Asia and Europe, noting that the trend of ‘slowbalization,’ which was visible since the global financial crisis, will persist.

Nearly 8 in 10, or 78 percent of surveyed professionals in the country said they are open to returning to their previous employer, according to a recent poll conducted by global recruitment consultancy firm Robert Walters.

THE Philippine Economic Zone Authority (Peza) and the Bureau of Customs (BOC) have inked a Data Sharing Agreement for the “further enhancement” of monitoring of movements of ecozone goods under the Electronic Tracking of Containerized Cargo (E-TRACC) ...

TRADE and Industry Secretary Alfredo E. Pascual encouraged businesses present at the 43rd Asean summit to invest in the downstream processing of nickel, among others, noting that it is part of the Philippines’s “strategic” approach to enable the count...