KRISTYN NIKA M. LAZO, TMT

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The Department of Trade and Industry (DTI) launched on Tuesday the Small and Medium Enterprise (SME) Roving Academy for the “development of micro, small and medium enterprises (MSME),” to be competitive not just in local, but also in the international markets. The program is a partnership with MSME Development Council…

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FOR many years, France has been selling more than it actually buys from the Philippines, creating an “imbalance of trade” that saw resource-rich Manila at the lighter side of the scale. And while the recent positive achievements of the administration of President Benigno Aquino 3rd proved attractive to foreign tourists…

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The Philippine Stock Exchange index (PSEi) added 200 points on Thursday because of continuous buying and the rise in foreign indices. Harry Liu, Summit Securities Inc. president, said that Thursday’s increase was from buying that resulted from stocks reaching oversold levels, and that the market would continue to go upwards…

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PricewaterhouseCoopers (PWC) Philippine-arm Isla Lipana and Co. (ILC) launched on Wednesday the search for “country’s next mainstream destinations” to boost the tourism industry, thinking that this program would also raise business investments at the local level. According to Alexander Cabrera, newly elected chairman and senior partner of ILC, the search,…

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The Asian Development Bank (ADB) said on Wednesday it will increase its investments in end-user energy efficiency to answer the great demand in power, and address environmental threats from greenhouse gas emissions. The recent study by ADB “Same Energy, More Power: Accelerating Energy Efficiency in Asia,” states that there is…

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The revenue for the country’s metal exports slightly increase by 2011 compared to the 2009 to 2010 downtrend of the industry, with imports increasing as well, according to records by from the Metals Industry Research and Development Center (MIRDC). Science Secretary Mario Montejo said on Tuesday that the local metal…

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The Department of Science and Technology (DOST) on Tuesday announced that two of its major projects—establishment of a finite element analysis (FEA) facility, and boosting the die and molds industry—is seen addressing the needs of the country’s transportation and automotive sectors. The DOST signed with the Philippine Welding Society, Philippine…

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The stock market is seen to stage a rally this week after its significant 5-percent and 7-percent downturn on Tuesday and Thursday’s trading session, respectively. Harry Liu, president of Summit Securities Inc., said that the market is projected to rally throughout the week because of buying, as stock prices have…

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The Department of Tourism (DOT) is projecting tourist arrivals from abroad to hit 10 million by 2016, in addition to the 56 million domestic visitors. According to the DOT, those targets can be attained by improving “tourist products, destinations and infrastructure” based on the recently unveiled National Tourism Development Plan…

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The Philippine Postal Corp. said that its has made improvements in the country’s mailing system with the help of DHL Express Philippines, one of the largest logistics providers in the world. DHL Express, an express logistics provider under German company Deutsche Post DHL, collaborated with PHLPost and offered additional shipment…