Airbus Making PH Int'l. Training Hub
by Niña P. Calleja (January 7, 2015)
MANILA, Philippines–Philippine aviation just got a huge boost.
The world’s biggest aircraft manufacturer, Airbus SAS, will soon set up an international training hub in Manila...
Phl Exports Gain Duty-free Access to EU
by Pia Lee-Brago (January 7, 2015)
MANILA, Philippines - Philippine exports have enjoyed since last Dec. 25 duty-free access into the European Union (EU) market through the Union’s “tariff preferences under the special incentive arrangements for sustainable development and good governance”, more popularly known as the Generalized System of Preferences Plus (or GSP+).
Japanese Trade Delegation Sets Manila Visit in February
January 6, 2015)The newly installed Japanese ambassador to the Philippines has renewed Japan’s commitment to strengthen economic relations between Manila and Tokyo, citing the Japanese business community’s enthusiasm to trade and invest in the country.
First Metro Forecasts: 2015 Growth May Hit 7–7.5%
by Mayvelin U. Caraballo (January 7, 2015)
The Philippine economy may grow 7.0 percent to 7.5 percent this year, driven by a strong private sector and a recovery in government spending and public construction, according to a forecast by First Metro Investment Corp. (FMIC), the investment banking arm of the Metrobank Group.
DBM Releases P98M to CITEM
by Chino Leyco (October 14, 2014)
The Department of Budget and Management (DBM) has released P98.5 million to Center for International Trade Expositions and Missions (CITEM) for the latter’s operational requirements and participation costs.
Workers' CBA, Productivity Bonuses Exempted from Tax Under Certain Terms
by Ben O. de Vera (January 6, 2015)
MANILA, Philippines—The government has issued the rules under which workers’ so-called de minimis benefits gained from a collective bargaining agreement (CBA) with employers as well as productivity bonuses shall now enjoy tax exemption.