RAADEE S. SAUSA, TMT

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Exporters and suppliers should also tap “middleweight” cities and regions in the Association of Southeast Asian Nations (Asean) in addition to so-called mega-cities, Nielsen said in a new report. In its “Rethinking Asean: Dispelling 8 Myths About Consumer Markets” report, Nielsen said that middleweight markets — regions with populations of…

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The Association of Southeast Asian Nations (Asean) needs to focus on collaboration and communication to achieve its goal achieving economic integration and increased opportunities and benefits for citizens, Trade Secretary Ramon Lopez said on Friday. “The region has to focus on two Cs. By engaging multi-stakeholders, Asean develops a win-win…

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PURE Nectar, a cold-pressed juice brand, is set to install freezers in 100 more locations by the end of the year, a company official said. “We’re not aggressive on the stores. We only have around 40. We have now 160 locations of the freezer; the 40, [they are] both Fruit…

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SINGAPORE-BASED Keppel Group of Companies plans to explore investment opportunities in the country’s infrastructure sector despite the crisis in Marawi City and martial law in Mindanao, a top Keppel official said on Thursday. Keppel is looking at the possibility of exploring investment opportunities under the Philippines’ public-private partnership (PPP) program,…

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THE government is intent on supporting the construction industry given the government’s infrastructure push while also upholding consumer protection, the Trade department said. Trade Secretary Ramon Lopez expressed this position on Wednesday as he reiterated that existing rules, particularly for cement, would protect both sectors. “Whether addressing the quality of…

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A consumer protection initiative focused on market monitoring, surveillance and enforcement has been launched by the Trade department. “These elements play a significant role in ensuring the proper functioning of fair and open competition as businesses require a level-playing field to innovate and grow,” Trade Secretary Ramon Lopez said at…

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Trade and investment ties between the Philippines and Czech Republic are expected to improve following the signing of a bilateral deal. The PH-CZ Agreement on Economic Cooperation was signed on Monday by Trade Secretary Ramon Lopez and Czech Ambassador to Philippines Jaroslav Olša, Jr. Specifically, the Philippines could increase exports…

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Projects registered with the Board of Investments (BoI) grew by 40 percent in January to July 2017 from a year earlier, the agency reported on Tuesday. At P294.8 billion compared to P210.4 billion during the same period last year, the BOI said the results underscored the country’s bright investment prospects.…

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Consumer advocacy group Laban Konsyumer Inc. (LKI) urged the government to recall the new department administrative order (DAO) on cement importation to remove suspicion of graft. “I just want the Department of Trade and Industry [DTI] to recall the DAO and rewrite a uniform technical regulation applicable to imported cement…

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THE Yao Group of Companies said it is looking to further expand its production in the US and the Asean region. “Our expansion in North America, we have already started production but more on the tropical variants,” Alfredo Yao, chairman of the Yao Group of Companies, told reporters during the…

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