Agri output boost, easier SME loan terms top biz wish list

December 10, 2018
A consolidation of the actionable recommendations submitted by the private sector in the four regional “Sulong Pilipinas” workshops conducted in Luzon, Visayas and Mindanao in November yielded proposals ranging from improving agricultural output and simplifying loan requirements for small and medium enterprises (SMEs) to enhancing peace and order measures, and stricter profiling of the government’s cash transfer or social protection beneficiaries.

Full year-inflation seen at 3.6%

December 09, 2018
The country’s inflation rate is expected to decline further below 6 percent this month and even lower to 3.6 percent next year, even if the second tranche of the oil excise tax increase pushes through, an economist of a major Philippine bank said.

Inflation slowdown ‘encouraging’ –– Espenilla

December 06, 2018
“For the first time we are seeing significant negative m-o-m (month-on-month) growth after inflation plateaued at around 6.7 percent. It confirms that inflation is heading back to the 2-4 percent target range in response to decisive non-monetary measures to curb food prices as well as favorable recent developments in highly volatile international oil prices,” he said.

Economy to grow faster in Q4

December 04, 2018
“Infrastructure and capital outlays and capital goods imports remained elevated and should drive faster growth in fourth quarter and beyond, with some support from improving exports,” investment bank First Metro Investment Corp. (FMIC) and the University of Asia & the Pacific (UA&P) said Monday in the latest issue of The Market Call.

Foreign policy shift made PH more alluring to lenders

November 23, 2018
In a briefing after the 6th Philippine-Japan High Level Joint Committee on Infrastructure Development and Economic Cooperation meeting at the Philippine International Convention Center (PICC) Wednesday night, Finance Secretary Carlos Dominguez III said, “many countries around the world are paying attention to the Philippines primarily because President (Rodrigo) Duterte has refocused our entire foreign policy.”

New Era of Mobile Lifestyle: GAC Motor Showcasing Core Technologies at Auto Guangzhou 2018

November 21, 2018
GUANGZHOU, China -- GAC Motor, China's leading automaker, is showcasing its four core technologies – industrial design, environmental power, smart technology and driving systems – and highlighting its strength in innovation at Auto Guangzhou 2018 ("the Show") at the China Import and Export Fair Complex from November 19-25. In addition, the company is displaying its entire product line-up, including the GS5, its new "2+X" concept vehicle, and is launching a presale of its GM6 minivan.

Penta Security debuts V2G security solution for e-mobility market to secure electric vehicle charging

November 20, 2018
SEOUL, South Korea -- E-mobility, or electric mobility, is projected to mark the next significant paradigm shift in the transportation industry, providing growth opportunities not only for electric vehicle manufacturers, but all service providers in the fields of energy and transport systems. While progress is accelerating in pace and sophistication, some obstacles to EV adoption remain. One of the main issues is that EVs require charging along their journey, and likely at charging stations managed by different charge point operators. To prevent compatibility issues down the road, the Open Charge Point Protocol (OCPP) was established to allow interoperability in EV charging infrastructure and streamline payment processes across mobility operators. With more than 40,000 installations in 49 countries, OCPP has become the de facto open communication standard for open charger to network communications.

Mislatel confirmed as 3rd telco

November 20, 2018
Furthermore, the consortium was given ninety days to submit related documents including: congressional approval of its franchise; registration from the Securities and Exchange Commission; approval of the Philippine Competition Commission of its bidding agreement implementation; posting of the performance security bond and its rollout plan for the entire commitment period for the processing of its Certificate of Public Convenience and Necessity (CPCN) by the NTC.

Techniplas Unveils Illuminated Steering Wheel

November 15, 2018
NESS ZIONA, Israel and VENTURA, California -- Nano Dimension Ltd., a leading additive electronics provider (Nasdaq, TASE: NNDM), announced that Techniplas, a leading global design and manufacturing provider of automotive products and services, today unveiled a new steering wheel concept that incorporates its proprietary cognitive lighting technology with 3D printed electronics. Using a Nano Dimension DragonFly Pro 3D printer, Techniplas engineers directly printed conductive paths into a concept wheel in a single step.

Taxation fix on financial, capital markets

November 15, 2018
A ranking official of the Department of Finance (DOF) stressed that Package 4 of the proposed tax reform program is primarily intended to fix taxation on the financial and capital markets, and funding the government's “Build, Build, Build” program is only a secondary consideration.