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DTI bares proposed perks under RACE program

Manila, Feb. 19 -- The government will earmark PHP9 billion as fiscal support for participating car makers (PCM) under the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement... Read More


PH shares up, peso ends sideways

Manila, Feb. 19 -- The local index finished in the green territory for the second consecutive trading day on Wednesday, while the Philippine peso closed sideways. The Philippine Stock Exchange index ... Read More


Fresh incentives await carmakers investing in PH

Manila, Feb. 18 -- The Department of Trade and Industry (DTI) is finalizing a new incentive program to attract car companies to bring in their manufacturing operations in the Philippines. Office of t... Read More


Tycoon says PH ready for high level partnerships, investments

Manila, Feb. 18 -- Magnate Jaime Augusto Zobel de Ayala, also known as JAZA, remains optimistic about the growth prospects in the Philippines, noting that the country is ready for high-level partnersh... Read More


Below P1 oil price hike set Feb. 18

Manila, Feb. 17 -- Fuel prices at the pump are set to increase on Tuesday, as oil firms announced below PHP1 price hike. In separate advisories, Cleanfuel, Petro Gazz, Seaoil, and Shell said they wil... Read More


Clark to improve operation efficiency with new air traffic control

Manila, Feb. 17 -- The Clark International Airport Corp. (CIAC) said air traffic management at the Clark International Airport (CRK) will further improve once the new air traffic control (ATC) tower i... Read More


PH, Japan partner to intensify fight vs. fake goods

Manila, Feb. 17 -- The Philippines and Japan have partnered to intensify the country's efforts to combat counterfeit goods, especially in identifying fake Japanese products in the local market. In a ... Read More


PH to hold investment roadshows following CREATE MORE IRR signing

Manila, Feb. 17 -- Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) Secretary Frederick Go on Monday said the government will hold investment roadshows ab... Read More


Retail firm upbeat on growth prospects in Visayas

Manila, Feb. 13 -- Subic Bay Metropolitan Authority (SBMA) Chairperson and Administrator Eduardo Jose Alino said Thursday the socialized housing for workers inside the Subic Bay Freeport Zone (SBFZ) w... Read More


Bargain hunting lifts PSEi, peso strong

Manila, Feb. 13 -- nvestors looking for cheap shares supported the local bourse while the peso closed strong in Thursday's trading. The Philippine Stock Exchange index (PSEi) closed with all counters... Read More