RAADEE S. SAUSA, TMT

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MALACAÑANG has released an executive order (EO) extending investors’ duty-free incentive for imported machinery and equipment, but only for a year or until Congress passes a law making it permanent. Executive Order 22, signed by President Rodrigo Duterte last April 28, replaces EO 70 that expired last May 9. EO…

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President Rodrigo Duterte will ask for precision guided missiles and discuss nuclear energy, among others, when he visits Russia this week. “I am going to Russia on Tuesday…same purpose…if they can spare us some precision guided [missiles]. We have so many smart bombs, but not as accurate as the ones…

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REGUS, a leading provider of flexible workplaces, said it received more than 1,000 incoming inquiries in April alone, indicating strong demand for serviced office space, virtual offices, co-working spaces, and meeting rooms in centers set up by the company across the country. “This year the company’s concern is constant solid…

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ARIZONA-BASED software and consultancy JDA Software Group Inc. expects its logistics business to grow by about 50 percent in the next two years on sustained demand for supply chain and retail solutions, a ranking company official said in Manila on Thursday. “Our logistics business at present is about 20 percent…

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THE Management Association of the Philippines (MAP) supports a holistic approach to develop an aviation system for the Greater Manila Area and Luzon, which means upgrading the Ninoy Aquino International Airport (NAIA) and making Clark airport an alternative. The rapid increase in visitor volume, mostly passing through the NAIA, calls…

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THE country’s largest mall chain, SM City Malls, will open its first Go Lokal! store today at SM Makati in partnership with the Department of Trade and Industry (DTI). “This launching is another milestone for DTI’s initiatives to provide greater market access for our micro entrepreneurs that are part of…

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THE Electric Vehicle Association of the Philippines (EVAP) expressed optimism on Monday for the electric vehicle industry amid the government’s impending public utility vehicle (PUV) Modernization Program that includes the iconic jeepneys. “The Department of Transportation [DOTr] is finally on the verge of implementing this historic program for public utility…

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THE government is in talks with the Chamber of Pawn Brokers of the Philippines (CPPI) for possible avenues to facilitate the distribution of President Rodrigo Duterte’s P1-billion Pondo para sa Pagbabago at Pag-asenso (P3) Program. Department of Trade and Industry (DTI) Secretary Ramon Lopez on May 9 discussed with the…

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TOURISM Secretary Wanda Teo over the weekend made a strong pitch for more Chinese investment to boost cooperation in tourism development between China and the Philippines. “Now is the time to look at the Philippines from a different light, not just a place to visit and enjoy its destinations, but…

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EXPORT companies can take advantage of more market opportunities via an expanded regional program by the Department of Trade and Industry (DTI) targetting $1 billion in additional sales by 2022, an export official said. Fenina Bonoan, assistant chief of the Export Marketing Bureau’s (EMB) consumer and industrial division, said over…

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