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Wednesday, December 25, 2024

Business

Reduced tariff under PH-Korea free trade takes effect Dec. 31

The Philippines-South Korea Free Trade Agreement takes effect on Dec. 31, 2024, immediately reducing tariffs by 6 percent on major products, providing a significant advantage to Filipino exporters. “Upon effectivity, South Korea will grant preferential duty-free entry on 11,164 Philippine tariff lines accounting for $3.18 billion or 87.4 percent of total South Korean imports from the Philippines,” said Department of Trade and Industry Undersecretary for International Trade Group (ITG) Allan...

Gov’t to provide updates on cement dumping probe by January—Roque

Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque assured the...

3 conglomerates welcome PCC approval of LNG plants acquisition

Thee conglomerates welcomed the Philippine Competition Commission’s (PCC) decision allowing them to...

Japanese retailer Adastria opens store in Pasay

Adastria Co. Ltd., a leading Japanese lifestyle and fashion retailer, opened its...

PEZA eyes 30 new economic zones in 2025

The Philippine Economic Zone Authority (PEZA) expects President Ferdinand Marcos Jr. to...

SMX Clark expansion to meet MICE demand

The SM Group said it plans to expand the SMX Convention Center...

Reduced tariff under PH-Korea free trade takes effect Dec. 31

The Philippines-South Korea Free Trade Agreement takes effect on Dec. 31, 2024, immediately reducing tariffs by 6 percent on major products, providing a significant advantage to Filipino exporters. “Upon effectivity, South Korea will grant preferential duty-free entry on 11,164 Philippine tariff lines accounting for $3.18 billion or 87.4 percent of total South Korean imports from the Philippines,” said Department of Trade and Industry Undersecretary for International Trade Group (ITG) Allan...

Gov’t to provide updates on cement dumping probe by January—Roque

Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque assured the...

3 conglomerates welcome PCC approval of LNG plants acquisition

Thee conglomerates welcomed the Philippine Competition Commission’s (PCC) decision allowing them to...

Japanese retailer Adastria opens store in Pasay

Adastria Co. Ltd., a leading Japanese lifestyle and fashion retailer, opened its...

LATEST Business

LATEST

AdventEnergy to sign supply contracts worth P1.8b next year

AdventEnergy Inc., the retail electricity supply (RES) arm of Aboitiz Power Corp., said it expects to sign contracts for 50 megawatts to 60 MW...

Nido plans to expedite oil field dev’t

Australian firm Nido Petroleum Philippines Pty. Ltd., operator of service contract 54 (SC 54) and other areas offshore northwest Palawan, plans to fast-track the...

Unilever expands manufacturing,supply chain strategies in PH

Unilever said it is expanding its local manufacturing capabilities and supply chain strategies to serve its significant Filipino market. Present in about nine of 10...

Globe Business empowers cooperatives with latest tech

Globe Business is empowering cooperatives across the Philippines with cutting-edge technology to enhance member engagement, streamline operations and foster sustainable growth. Globe Business said cooperatives...

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