German builders eye Philippines construction scene

February 17, 2019
German-Philippine Chamber of Commerce and Industry (GPCCI) Executive Director Martin Henkelmann said in an interview that representatives from the six German companies are set to meet local businessmen, as well as public officials, as part of scoping out opportunities in the country.

Construction workers shortage offers opportunity

February 17, 2019
The usually-moderate Trade Union Congress of the Philippines (TUCP) confirmed President Rodrigo Duterte's observation that the number of able construction workers in the country is dwindling as it sought to call attention to their reportedly shoddy working conditions.

Local factors seen to drive growth

February 14, 2019
In his presentation during the 2019 ING Financial Markets Annual Research roadshow in Makati Tuesday, ING Bank Manila senior economist Nicholas Mapa said he expects the economy to post a 5.8 percent growth in the first quarter this year, slower than the 6.1 percent in the last quarter of 2018.

Capacity building, output boost to push exports

February 14, 2019
Department of Trade and Industry (DTI) Secretary Ramon Lopez told reporters Tuesday that the 1.8-percent decline in exports in 2018 was mainly due to external factors such as softening global demand and the impact of trade friction between the United States and China.

Why is Singapore an attractive business destination?

January 30, 2019
Singapore is a city-state that has an important role as a global business hub. Stability, good business policy, easy company formation, and low taxes are the main reasons why Singapore is an attractive business destination. Foreign companies, as well as investors in Asia, find it convenient to open their headquarters or business here, making Singapore a well-known business and trading center that also enjoys a good location in Asia.

GAC Motor Returns to NADA To Meet North American Dealers

January 29, 2019
SAN FRANCISCO -- Automaker GAC Motor has returned to the National Automobile Dealers Association Show (NADA), the premier showcase of auto products, services and technologies being held from January 25 to 27 in San Francisco, to connect with dealers in North America as it continues to advance its plans to enter the market.

Top economists see 7.2% growth

January 28, 2019
The Philippine economy is forecast to make a comeback this 2019 with a range of 6.8 percent to 7.2-percent growth and an above-average expansion in the next two years, while it is poised to weather risks that are currently dampening other neighboring economies, according to a renowned Philippine-based economist.

Car importers report 17% sales drop

January 24, 2019
On Wednesday, the Association of Vehicle Importers and Distributors (AVID) reported that sales of both passenger car and light commercial vehicle segments were down last year by 22 percent and 14 percent, respectively.