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Philippines
Thursday, April 25, 2024

Economy & Trade

Consumers warned vs. substandard products

The Department of Trade and Industry (DTI) and the private sector are working closely to safeguard consumers and the construction materials stakeholders against substandard products. DTI assistant secretary for consumer protection group (CPG) Amanda Nograles said the agency is working closely with industry groups involved in the manufacture of wood, glass, steel and cement. She noted reports of houses that were readily knocked down after a few years because they were...

Lazada to continue support for Filipino entrepreneurs

Lazada Philippines renewed its commitment to support the growth of Philippine entrepreneurship. “What...

GAC Motor reports 274% sales growth

Chinese mobility company GAC Motor concluded the first quarter of 2024 with...

NZ companies eye PH consumer market

New Zealand companies are eyeing the Philippines’ 117 million-strong consumer market, following...

LATEST Economy & Trade

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First-quarter vehicle sales climbed 12.7% to 109,606

Car sales in the Philippines increased 12.7 percent year-on-year in the first quarter of 2024, two industry groups said Monday. The Chamber of Automotive Manufacturers...

PEZA approves P30b worth of investments

The Philippine Economic Zone Authority (PEZA) said Monday it approved P30 billion worth of investments as of April 19, 2024. PEZA director-general Tereso Panga said...

BCDA bullish on Luzon economic corridor, other projects with US, Japan endorsement

State-run Bases Conversion and Development Authority expressed optimism on the growth of the Central Luzon Economic Corridor with the support of the United States...

Car sales jumped 12.7% in first quarter

Car sales in the Philippines jumped 12.7 percent year-on-year in the first quarter of 2024. The Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI)...

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