Canadian Prime Minister Justin Trudeau said his country would like to help micro small and medium enterprises, particularly those run and owned by Filipino women aside from investing in the country’s construction sector.

Trudeau vows to support MSMEs run by Filipino women

In what seems to be a reversal of fortunes, an all Filipino-owned nickel company acquired 20 percent of a Chinese nickel processing company, one of its major markets for the ore to improve the synergy between the two companies.

Phl. nickel ore exporters buys 20% Chinese firm

Pessimism heightened this fourth quarter among consumers who expect to be unable to buy big ticket items this quarter until next year as they expect to go up to 5.9 percent, above the target set by the government

Consumers more pessimistic in Q4 2022 and Q1 2023

PMI will invest in an P8.8 billion expansion for the production of smoke-free products which aims to change the Philippine tobacco industry. 

Cigaret firm to spend P8.8-B for smoke-free products

The impasse between two agencies—one granting incentives to Investment Promotion Agencies like PEZA and the latter is still not over. And IT and Business Process Operators are saying this leaves a bad image among investors.

IBPAP says PEZA’s WFH extension is legal

Philippine garment firms should brace for more temporary closures of factories due to the declining global demand.

Garment industry warn of more temporary closures

SBC has been reminded to deploy the remaining 2022 microlending funds to the MSMEs to mitigate the impact of inflation.

SBC should distribute the P2- billion in the 2022 microlending funding to MSMEs

A less optimistic outlook for this last quarter was reported by the business sector with the confidence index declining to 23.9 percent  from 26.1 percent for the same quarter last year.

Business confidence declines in Q4

The clamor to kick out all POGOs (Philippine Offshore Gaming Operations) would lead to plunge in rental rates in areas where they are operating.

If POGOs fully pull out, rentals to collapse 80%

The Marcos administration approved on Friday the Philippine Development Plan 2023-2028 attended by members of the Cabinet in Malacanang. The plan extends tariff reductions on key food items to ensure food adequacy in the country.

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NEDA board extends tariff reduction on key commodities