CITEM The Philippine Exporters Confederation, Inc. (Philexport) said that the Tatak Pinoy Act can help generate jobs for Filipinos and develop lagging industries. In a statement Wednesday, Philexport President Sergio R. Ortiz-Luis, Jr. said that the export community welcomes the passage of Republic Act (RA) No. 11981, as similar efforts to encourage the purchase of Filipino products have mostly “fizzled ...

DOF.GOV.PH NATIONAL government agencies need to ensure that the preparatory stages for projects funded with official development assistance (ODA) are streamlined to avoid delays, according to a think tank attached to the House of Representatives. “To address delays inherent in procurement processes, a comprehensive approach encompassing legal resolutions, administrative streamlining, and sound financial planning and management, among others, may be ...

Image via IndustriALL Global Union/Flickr/CC BY-NC-ND 2.0 Export markets like the European Union favor garments from countries that source their own textiles internally, to comply with Rules of Origin (ROO) regulations, exporters said. As such, the government needs to help establish a commercial-scale textile factory to help supply wearables exporters, especially those shipping to the EU, according to Robert Young, ...

REUTERS PHILIPPINE households wasted nearly 3 million tonnes of food a year, down sharply from 2021 totals, the UN Environment Programme (UNEP) said in a report. According to the UNEP’s 2024 Food Waste Index Report, Philippine household food waste amounted to 2.95 million tonnes a year, or 26 kilograms (kg) per capita. The 2024 report finding is 68.35% lower than the ...

<?xml encoding="utf-8" ?????????> Three major budget fashion brands in the UK, ASOS, Boohoo, and George at Asda, have committed to changing the way they communicate the environmental impact of their clothing following intervention by the Competition and Markets Authority (CMA). The CMA emphasised the importance of presenting accurate and clear eco-claims to consumers and highlighted the detrimental effects of “greenwashing,” ...

Vehicles are seen plying the South Luzon Expressway in Muntinlupa City. — PHILIPPINE STAR/RUSSELL PALMA By Justine Irish D. Tabile, Reporter New vehicle sales jumped by an annual 23.2% in February, the fastest growth in seven months, according to a joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA). The ...

<?xml encoding="utf-8" ?????????> We’re almost one month on from the Spring Budget and into a new tax year, and whilst many businesses are celebrating the close of a successful first quarter, others are still reeling from the lack of support for UK business shown by Chancellor Jeremy Hunt in the Spring Budget. James Robson, CEO, FundOnion  explains that whilst the ...

A view of residential condominium buildings in Mandaluyong, Metro Manila, Aug. 22, 2016. — REUTERS By Luisa Maria Jacinta C. Jocson, Reporter Housing prices nationwide rose at a much slower pace in the fourth quarter of 2023, data from the Bangko Sentral ng Pilipinas (BSP) showed. The Residential Real Estate Price Index (RREPI) rose by 6.5% year on year in ...

People are seen enjoying the view at Manila Bay, March 27, 2024. — PHILIPPINE STAR/ MIGUEL DE GUZMAN By Luisa Maria Jacinta C. Jocson, Reporter S&P Global Ratings maintained its gross domestic output (GDP) forecast for the Philippines this year and 2025, as it expects the country to be among the top performers in the region again. “The economy’s growth ...

<?xml encoding="utf-8" ?????????> Taking accountability can seem daunting but is widely considered the moral thing to do, and the same is true within workplaces. To be able to create a workplace where people feel comfortable and willing to take accountability, both good and bad, it is important that businesses foster a healthy and safe environment. There needs to be a ...