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PH becoming preferred hub of firms relocating from China - PEZA

Manila, March 24 -- The Philippines is becoming the new preferred destination in Southeast Asia for expansion of companies with presence in China, Philippine Economic Zone Authority (PEZA) Director Ge... Read More


Oil prices up March 25 after 3 weeks of rollback

Manila, March 24 -- After three consecutive weeks of rollbacks, oil firms will increase prices Tuesday. In separate advisories on Monday, Caltex, Cleanfuel, Petro Gazz, PTT, Seaoil, and Shell said th... Read More


Services to buoy PH exports amid challenging trade in goods

Manila, March 24 -- Services sector will keep the country's export revenues afloat despite the challenging performance of outbound shipment of goods, a senior trade official said Monday. Department o... Read More


UK launches tech growth program in PH

Manila, March 24 -- United Kingdom Trade Commissioner for Asia Pacific (APAC) Martin Kent announced on Monday the launching of UK-APAC Tech Growth Program that will help British technology and innovat... Read More


Chemrez's planned biofuel factory seen to boost coco farmers' income

Manila, March 24 -- Local coconut farmers are expected to benefit from D&L Industries' plan to build a new biodiesel factory for its wholly owned subsidiary Chemrez Technologies, Inc. (CTI). D&L over... Read More


US firms ink MOUs to back civil nuke workforce development in PH

Manila, March 21 -- United States EoS Organization, a global leader in advancing energy solutions, has signed two memoranda of understanding (MOUs) to support civil nuclear workforce development in th... Read More


Shares, peso end week with losses

Manila, March 21 -- Both local shares and currency closed weak in Friday's trading. The benchmark Philippine Stock Exchange index (PSEi) shed 0.89 percent to 6,266.75 points, with All Shares also dec... Read More


PSEi rebounds, peso flat mid-week

Manila, March 19 -- Bargain hunting helped the local bourse rebound on Wednesday while the peso continued to move sideways against the US dollar. The Philippine Stock Exchange index (PSEi) rose 0.45 ... Read More


PH, UK to elevate £2.8-B trade via inaugural JETCO

Manila, March 19 -- The Philippines and the United Kingdom held its inaugural Joint Economic and Trade Committee (JETCO) in London on March 17, with the vision of increasing the current bilateral trad... Read More