NEWS
Measure to promote HALAL export signed into law Export Development Council June 27, 2016 President Benigno S. Aquino recently signed Republic Act 10817 or the Philippine Halal Export Development and Promotion Act to establish a comprehensive program for the development and promotion of Halal exports. The Philippine Halal Export Development
Read more. Joint Department Order to implement Co-Loading Act Export Development Council June 27, 2016 Joint Department Administrative Order No. 001 s.2016 was issued last May 16 for the implemen-tation of the Foreign Ships Co-Loading Act or Republic Act No. 10668, also known as the amended Cabotage Law. The Secretaries of the
Read more. Export Development Council seeks DBM support for PEDP projects of agencies Export Development Council June 27, 2016 The Export Development Council (EDC) endorsed the Programs, Activities, and Projects (PAPs) to the Department of Budget and Management (DBM) to support the requests of the concerned agencies for budget allocation for 2016
Read more. Sharp to Supply Solar Systems to Philippines, Indonesia Projects Bloomberg News June 30, 2016 Sharp Corp., a Japanese photovoltaic panel maker, plans to supply solar-power generation systems for projects in the Philippines, Mongolia and Indonesia. Osaka-based Sharp is exploring ways to revamp its solar business after the Foxconn Technology Group
Read more. Drought in Vietnam Holds Back Growth as Farming Takes Knock Bloomberg News June 28, 2016 Economic growth in Vietnam was little changed in the second quarter as a crippling drought hurt farming output and demand for exports weakened. Gross domestic product rose 5.6 percent from a year earlier after expanding
Read more. BREXIT Effect Minimal For PH Economy – NEDA National Economic and Development Authority June 28, 2016 The exit of the United Kingdom (UK) from the European Union (EU), also known as Brexit, has minimal direct effect on the Philippine economy due to strong macroeconomic fundamentals, according to the National Economic
Read more. NEDA, JICA Discuss Davao Infra Dev’t Project with Incoming President Duterte National Economic and Development Authority June 27, 2016 The Japanese government and the National Economic and Development Authority (NEDA) recently discussed Japan’s offer of support for the institutionalization of urban infrastructure planning and formulation in Davao City with its
Read more. Imports Growth in April 2016 Shows Strong Business, Consumer Confidence National Economic and Development Authority June 24, 2016 Philippine imports grew by 29.2 percent from a year ago in April 2016, due to double-digit growth in purchases of capital goods, raw materials and intermediate goods, and consumer goods, according to
Read more. Brexit Sparks Emerging-Market Selloff as Polish Assets Worst Hit Bloomberg News June 24, 2016 Eastern Europe and South Africa led a selloff in developing-nation assets following Britain’s vote to leave the European Union as investors speculated that their economies will be the worst affected by the fallout from Thursday’s referendum.
Read more. Vietnam Grabs Market Share From Asian Peers in European Trade Bloomberg News June 15, 2016 Vietnam took market share of European Union trade away from other Southeast Asian nations last year, a trend that may continue after it concluded a free trade agreement with the regional bloc. The country accounted
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