Business

Filipino startups

Filipino Startups Can Now Apply for Startup Grant Fund to Scale Their Enterprises

Department of Information and Communications Secretary Ivan John Uy led DICT’s celebration of the Philippine Startup Week by signaling the opening of the Startup Grant Fund (SGF) application process. The first-ever SGF Department Circular has been signed and approved and is open for applications. Stakeholders, through an online public consultation, were able to learn about …

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Thai Firms Keen On Investing Heavily in Philippines

Thai industries have expressed interest in investing in the Philippines in a wide range of areas that include infrastructure, transportation, tourism and food security. Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, made this commitment in a roundtable conference with Thai business leaders and Philippine economic managers and officials in Bangkok on Saturday. “We …

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PBBM Touts Plan to Prioritize Renewable Energy Before World Leaders; Bats for 50% Power Generation Share by 2040

President Ferdinand R. Marcos Jr. on Thursday said the Philippines has prioritized renewable energy options such as hydropower, geothermal power, solar and other low-emission energy sources. In his opening remarks during the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Bangkok, President Marcos said this prioritization is being done by setting a target for a higher …

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SEC Baguio Launches Task Force Against Investment Scams

The SEC Baguio Extension Office on November 16 launched the Regional Law Enforcement Coordinating Committee Task Force (RLECC) against investment scams, as part of efforts toward a scam-free Cordillera. The RLECC Task Force will be chaired by SEC Baguio Director Regina May Cajucom-De Guzman. Members of the task force include the Police Regional Office – …

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Canada PM Sees Big Opportunity to Work with PBBM Admin in Economic Cooperation, Climate Change

There is a huge opportunity for the Philippines and Canada to work together in various fields to continue deepening relations between the two countries, Canadian Prime Minister Justin Trudeau said in a bilateral meeting with President Ferdinand R. Marcos Jr. on Sunday. “I know there’s a tremendous opportunity to work together, and I’m looking forward …

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PBBM Vows To Scale Up Local Market Development for Investors

President Ferdinand R. Marcos Jr. said Thursday that his administration is geared towards developing the domestic market considering its vast potential for both foreign and local investors. “We are encouraging not only foreign investment. We are also encouraging local investment because we feel there is potential in the market,” the President told a roundtable meeting …

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DICT CLICkConEx Promotes Luzon Islands as Next IT-BPM Hubs

The annual Convergence of Luzon ICT Champions, Conferences, and Exhibitions (CLICkConEx) highlighted the potential of Balanga City and Luzon’s islands for ICT-enabled jobs, opportunities and investments. Co-organized by the Department of Information and Communications Technology (DICT), through the ICT Industry Development Bureau (IIDB), and in partnership with the National ICT Confederation of the Philippines (NICP), …

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DENR to Strengthen Mining Sector for PH Economic Growth

The Department of Environment and Natural Resources (DENR) said it shall boost the potential of the mining sector to support the country’s economic growth and development under the Marcos administration. In the 48th Philippine Business Conference and Expo hosted by the Philippine Chamber of Commerce and Industry held on October 19 in Manila, DENR Undersecretary …

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DOTr Invites Swiss Partners to Participate in Big-Ticket Projects, Says Sec. Bautista

With 65 years of Philippines-Switzerland diplomatic relations, the Department of Transportation (DOTr) is pursuing Public-Private Partnership (PPP) by inviting Swiss partners in big-ticket infrastructures and transport projects, Secretary Jaime Bautista said yesterday, 25 October 2022. For post-pandemic economic recovery, the DOTr is innovating ways in accomplishing multi-modal transport projects that generate investments and jobs, while …

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Duty Free and DTI Launch “Special bagsakan” for OFWs

State-owned Duty Free Philippines Corporation (DFPC), in coordination with the Department of Trade and Industry (DTI Philippines), recently launched the Fiesta Corner featuring DTI’s Bagsakan Program at Duty Free Fiestamall store. This joint venture aims to welcome “balikbayans”, overseas Filipino workers (OFWs), and foreign guests with an exciting array of special delicacies, handicrafts, and other …

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