Department of Finance Secretary Ralph Recto has assured United States officials of the Philippines’ strong commitment to roll out a welcoming “red carpet” to potential investors in the country as directed by President Ferdinand R. Marcos Jr. In a statement, the Finance department said Recto recently met with US officials led by Treasury Department Deputy Assistant Secretary for…
The country’s unemployment rate dipped to its lowest level in November last year, while employment reached its highest since April 2005, the Philippine Statistics Authority (PSA) reported Tuesday. At a briefing, National Statistician Dennis Mapa said results of the PSA’s latest Labor Force Survey (LFS) showed that unemployment rate further dipped to 3.6% during the month, down from the 4.2% recorded…
The Department of Trade and Industry (DTI) which is responsible for generating jobs in the country, has vowed to continue attracting investments that produce higher-quality and higher-paying jobs. During the Bagong Pilipinas briefing Tuesday, DTI Undersecretary Kim Bernardo-Lokin said state investment promotion agencies (IPAs) are strengthening their investment strategies while improving the ease of doing business in the country to lure…
The Department of Trade and Insustry (DTI) said some P22 billion worth of projects sealed during the foreign visits of President Ferdinand R. Marcos Jr. this year are already operational. DTI Undersecretary Ceferino Rodolfo said at the recent Bagong Pilipinas briefing the projects are part of the P4.019-trillion investment pledges bagged by the Chief Executive during his…
The Board of Investments (BOI) has started collaborating with AgriSpecialist, Inc. (ASI) for the commercialization and promotion of locally-developed bio-fertilizer products. In a statement Friday, the BOI highlighted the BIO-N bio-fertilizer developed by the University of the Philippines Los Baños-National Institute of Molecular Biology and Biotechnology, which is being produced by ASI in its facility…
Atty. Federico Tancongco, Senior Vice President and Chief Compliance Officer of BDO Unibank, one of the panelists at the Unlocking Capital for Sustainability (UCFS) 2023 Forum, discusses BDO’s role in enabling an equitable transition. At the recently held Unlocking Capital for Sustainability (UCFS) 2023 Forum, Atty. Federico Tancongco, Senior Vice President and Chief Compliance Officer of BDO…
BDO Network Bank Brooke’s Point, Palawan is now open to serve individuals and micro, small, and medium enterprises (MSMEs) in need of financial solutions. BDO Network Bank (BDONB) has conducted financial education training sessions for farmers and fishermen in Bgy. Ipilan, Brooke’s Point, Palawan to raise awareness on the importance of saving for their future. BDONB,…
ð˜šð˜¢ð˜¯ ð˜ð˜³ð˜¢ð˜¯ð˜¤ð˜ªð˜´ð˜¤ð˜°, ð˜Šð˜¢ð˜ð˜ªð˜§ð˜°ð˜³ð˜¯ð˜ªð˜¢—Department of Tourism (DOT) Secretary Christina Garcia Frasco showcased the country’s tourism gains and recovery efforts post-pandemic, noting that the tourism industry has contributed an estimated USD 7 billion or about PHP 404.02 billion in foreign visitor receipts in the first ten months of 2023. This amount is around 190 percent higher compared…
BDO Unibank has partnered with food and beverage company Bistro Group to make global flavors within reach and restaurant dining more gratifying and affordable for BDO Credit Cardholders. A 50% dining discount awaits BDO Elite, Gold, and Classic Credit Cardholders for a minimum of P2,500 and a maximum of P6,000 food and beverage spend when…
The Department of Agriculture (DA) gave an assurance on Saturday that there will be enough pork and egg supply in the country in time for the Christmas season with improved local production and scheduled meat importations. Agriculture Assistant Secretary Arnel de Mesa said in a news forum in Quezon City that pork importations are continuing…
