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Opportunities in the logistics sector such as warehousing and cold storage facilities are one of the top economic activities that potential foreign investors are...

BOC’s Rubio commits to modernization, trade facilitation

Customs Commissioner Bienvenido Y. Rubio said its collaboration with the United Nation's His Majesty's Revenue & Customs (HMRC) will further boost the Bureau of...

Conditions for exporters’ VAT zero rating availment set

A draft Department Administrative Order (DAO) has specified some conditions and rules in the accreditation of exporters wishing to avail themselves of the zero-rated...

BDO and Shizuoka Bank expand partnership to boost trade, investment

BDO Unibank Inc. (BDO) and Japan's  Shizuoka Bank Ltd. signed a comprehensive memorandum of understanding (MOU) to expand business alliance and further support Japanese...

Mindanao Container Terminal exclusively using solar power during daylight hours

Mindanao Container Terminal (MCT), a subsidiary of global port operator International Container Terminal Services Inc. (ICTSI) of billionaire Enrique K. Razon Jr., is now...

Cebu Pacific sees record growth in Davao operations, flying over 2.5 million passengers in 2024

Cebu Pacific, the Philippines’ leading carrier, achieved a significant milestone in 2024 by transporting over 2.5 million passengers to and from Davao International Airport....

WTO chief calls for constructive dialogue amid global trade tensions

On 18 February, Director-General Ngozi Okonjo-Iweala urged World Trade Organization (WTO) members to leverage the organization as a platform for dialogue and engagement in...

Philippines welcomes Cambodian investors, strengthens economic ties

The Philippines is open for business and eager to welcome Cambodian investors, President Ferdinand R. Marcos Jr. declared during a joint press conference with...

Shipping industry leaders address rising threats to seafarers in Athens meeting

The chairpersons of the world’s largest shipping industry organizations gathered in Athens last week for a pivotal discussion on crucial issues, including greenhouse gas...

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