Amended Public Service Act (PSA), a significant reform to fuel economic rebound–Trade Secretary

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

Statement of Trade Secretary Ramon Lopez on the Senate’s Concurrence with the President’s ratification of the Arms Trade Treaty

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

Semiconductor and electronics industry calls for immediate RCEP Senate concurrence

The Semiconductor and Electronics Industries in the Philippines, Foundation, Inc. (SEIPI) urges the Senate to immediately ratify the Regional Comprehensive Economic Partnership (RCEP) Agreement noting the advantages it will bring to the industry that employs over 3 million direct and indirect workers in 2020. Dan Lachica, SEIPI President wrote in their position paper, “the country’s continue reading : Semiconductor and electronics industry calls for immediate RCEP Senate concurrence

Federation of Philippine Industries, Inc. (FPI)

FPI supports RCEP, joins call for the Agreement’s Senate concurrence

MANILA, Philippines – Federation of Philippine Industries, Inc. (FPI) through their letter dated 24 January 2022 to the Senate extends their support for the country’s participation to the  Regional Comprehensive Economic Partnership (RCEP) Agreement, and seeks the Senate’s immediate concurrence. According to FPI Chairman Dr. Jesus Lim Arranza, “We believe that the Philippines will immensely continue reading : FPI supports RCEP, joins call for the Agreement’s Senate concurrence

Foreign Secretary Teodoro Locsin Jr. and Trade Chief Ramon Lopez at the RCEP signing video conference

Joint Foreign Chamber joins the call for RCEP Senate concurrence

MANILA, Philippines – The Joint Foreign Chambers (JFC) urged the Senate to concur the ratification of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Monday, 24 January 2022. The JFC is a coalition composed of the American, Australian-New Zealand, Canadian, European, Japanese, Korean chambers of commerce, and the Philippine Association of Multinational continue reading : Joint Foreign Chamber joins the call for RCEP Senate concurrence

PH seen as investment hub under RCEP, Japanese Chamber urges Senate to concur ratification

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

Garments industry calls for Senate’s concurrence of RCEP

MANILA, Philippines – The garments industry in the Philippines calls for the Senate concurrence of the Regional Comprehensive Economic Partnership (RCEP) Agreement to sustain opportunities for the sector. The Confederation of Wearables Exporters of the Philippines (CONWEP) and its affiliate, the Coalition of Philippine Manufacturers of PPE (CPMP), noted that the RCEP Agreement is already continue reading : Garments industry calls for Senate’s concurrence of RCEP

ANZCHAM calls for Senate concurrence of RCEP

The Australian-New Zealand Chamber of Commerce Philippines (ANZCHAM), called for the Philippine Senate’s concurrence of the Regional Comprehensive Economic Partnership (RCEP) agreement in a statement released Friday, 21 January 2022. “As an organization representing businesses with strong ties to countries that have already ratified the RCEP (Australia and New Zealand), we understand that the Philippines, continue reading : ANZCHAM calls for Senate concurrence of RCEP