MANILA—Paving the way to attract more investments in the Philippines, the ratification of the amendment to the Public Service Act (PSA) plays a vital role for the country to progress closer to economic recovery, the Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairman Ramon Lopez said. “This is a monumental continue reading : Amended Public Service Act (PSA), a significant reform to fuel economic rebound–Trade Secretary
The Department of Trade and Industry (DTI) welcomes the Senate’s concurrence with the President’s ratification of the Arms Trade Treaty (ATT). This marks a watershed moment in the country’s fight against illicit conventional arms trade. The Philippines has once again demonstrated its commitment to effectively regulate the transfer of conventional weapons, ammunitions/munitions, and their parts continue reading : Statement of Trade Secretary Ramon Lopez on the Senate’s Concurrence with the President’s ratification of the Arms Trade Treaty
The Pilipino Banana Growers and Exporters Association, Inc. (PBGEA) joined calls for the Philippine Senate’s immediate concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Monday, 31 January 2022. PBGEA Executive Director Stephen Antig highlighted the employment generated by the sector and noted that the industry was reliant on imported inputs continue reading : Banana growers and exporters call for ratification of RCEP
The Information Technology and Business Process Association of the Philippines (IBPAP) called on the Senate to ratify the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Thursday, 27 January 2022. IBPAP represents over 332 member-companies and six partner associations engaged in the country’s business process outsourcing (BPO) industry and related sectors. According to continue reading : IT-BPM sector urges Senate to ratify RCEP
The Executive Department through the Department of Trade and Industry (DTI) responded anew to concerns raised by stakeholders in the agricultural sector against the Regional Comprehensive Economic Partnership (RCEP) Agreement. Trade Secretary Ramon M. Lopez reiterated that the RCEP Agreement did not only exclude highly sensitive agricultural products from tariff liberalization. Perforce, RCEP even provides continue reading : Executive department allays farmers’ concerns on RCEP
MANILA, Philippines – The Japanese Chamber of Commerce and Industry of the Phils. Inc. (JCCIPI) joined calls for the Philippine Senate’s immediate concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Monday, 24 January 2022. The chamber stressed that ratifying RCEP would increase economic activity and help the economy recover from continue reading : PH seen as investment hub under RCEP, Japanese Chamber urges Senate to concur ratification
During various engagements and on several platforms, business associations, and private sector stakeholders called for the Senate’s immediate concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement. Exporters warned that a delay in ratifying the RCEP agreement risked the Philippines missing out on a massive export market. In a phone interview with BusinessWorld, Philippine Exporters continue reading : Business sector calls for immediate Senate concurrence of RCEP