Industry News

For the first time since the World Economic Forum began ranking countries in global competitiveness,the Philippines ranked among the top 50 percent, placing 65th out of the 144 countries this year. Last year, the country Read More

More overseas Filipino workers (OFWS) are expected to decide to come home for good and find their economic opportunities  right in their home country, according to a recently-released report by the DBS Group, a Singapore-based Read More

Government-mandated suspension of work, like what was enforced last week at the onslaught of monsoon rains and floods, may hurt the competitiveness of the local business process outsourcing (BPO) industry, according to Canadian research firm Read More

Even as the southwest monsoon rains that induced heavy flooding last week took its toll on lives and property, it also wreaked havoc on crops, livestock, and fisheries, according to the Bureau of Fisheries and  Read More

Micro, small and medium enterprises generated 762,840 new jobs during the one-year period from July 2011 to June 2012, according to the Department of Trade and Industry (DTI). This translates to 75 per cent of Read More

Speaking at his third State of the National Address last July 23, a confident and relaxed-looking President Benigno Aquino, Jr. took account of the progress achieved in developing the economy, improving governance, battling poverty, building Read More

Franchising businesses, enterprises planning to go into franchising and other franchising enthusiasts are invited to join Franchise Asia Philippines (FAP) 2012, dubbed as Asia’s biggest franchising event bringing together the best in the business, on Read More

Last week, Standard and Poor’s Rating Services (S&P) raised its credit rating on the Philippines to just a notch below “investment” grade. The rating agency upgraded the country’s long-term sovereign credit rating from BB to Read More

New circulars from the Bangko Sentral ng Pilipinas (BSP) will render loans and other transactions with banks and other financial institutions more transparent, according to BSP Deputy Governor Nestor Espenilla. BSP Circulars 730, 754 and Read More

The city government of Dagupan, Pangasinan, has launched a search for food items to be marketed with the “Dagupan’s Best” label. In a product exhibit held last month at the city museum, various products vying Read More