More stimulus packages providing MSME loans pushed
The country’s largest business organization is pushing for more stimulus packages that will provide loans to micro, small and medium enterprises (MSMEs) to help them recover from the pandemic as…
MARINA lifts moratorium on accreditation of ship classification bodies
The Maritime Industry Authority (MARINA) has lifted the moratorium on the accreditation of ship classification societies for three months, effectively allowing the entry of more societies to classify ships in…
Firms advised to leverage digitization for faster recovery, higher profitability
Businesses must utilize digitalization not just to rebound faster and stronger from the effects of the pandemic but also to achieve profitability as soon as possible, according to an IT…
FDA extends grace period for complying with hazardous substances registration rules
Household/urban hazardous substances (HUHS) establishments have been given a two-year extension, or until December 31, 2023, to comply with the new product registration requirements of the Food and Drug Administration…
Textile industry urged to prioritize upskilling of workers, machinery upgrades
Garments and textile industry players are advised to strengthen the skills of their workforce and upgrade their machinery to reduce costs, as they carve out their own market niche to…
AISL, CTAP come to agreement on return of empty containers
Foreign shipping lines and truck operators have agreed on some steps to take to lessen the recurring problem of returning empty containers to depots, including adopting a policy to make…
RCEP agreement supports MSMEs integration into global value chains
The ratification and the eventual implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement, deemed the largest free trade deal in the world, can support development goals of the micro,…
PH benefits from GSP+ scheme; wants FTA with EU
A trade official is pushing for the extension of the European Union’s (EU) trade preferences program while pursuing a possible free trade agreement (FTA) with the bloc for boosting bilateral…
4 ASEAN countries launch live online customs declaration exchange with PH
The Philippines can now exchange the electronic ASEAN (Association of Southeast Asian Nations) customs declaration document (ACDD) with Cambodia, Malaysia, Myanmar and Thailand using the ASEAN Single Window (ASW). Cambodia,…
ASIN Law amendments pushed to revive sea salt industry and help exporters
The private sector is once more asking the government to exempt natural sea salt from mandatory salt iodization as the measure has almost wiped out the small-scale salt industry and…
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