RAADEE S. SAUSA, TMT

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THE Philippines ranked as the 74th most innovative country among 128 economies surveyed by the 2016 Global Innovation Index (GII), climbing nine notches from its previous ranking. The Department of Trade and Industry (DTI) welcomed the report jointly released on Wednesday by the World Intellectual Property Organization (WIPO), Cornell University…

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THE Departments of Trade and Industry (DTI), Interior and Local Government (DILG), and Information and Communication Technology (DICT) signed on Tuesday a joint memorandum circular (JMC) enjoining all cities and municipalities in the country to further streamline their business permits and licensing system (BPLS) using the revised standard. “The JMC…

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MICRO, small and medium enterprises (MSMEs) should take a proactive stance and seize the opportunities offered by the Asean Economic Community (AEC) instead of cowering in fear of regional competition, one of the country’s top economic managers said. “Playing a bigger role in the AEC will enable them to grow…

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FOURTEEN priority provisions under the Customs Modernization and Tariff Act (CMTA) have been selected by the Department of Finance (DOF) and its attached agency, the Bureau of Customs (BOC), as subjects of weekly public consultations until December. Feedback from the hearings will be used as a guide in drafting the…

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THE Export Development Council (EDC) aims to improve local exporters’ ability to deal with non-tariff measures (NTMs), including sanitary and phytosanitary standards (SPS), fumigation testing, and labeling requirements. The technical working group (TWG) on non-tariff measures has met to discuss ways to boost the export competitiveness of micro, small and…

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A HANDICRAFT maker has called on the government to provide assistance on financial access for export players amid expected flat earnings this year. Lilian Regual, manager at Shell Arts-Cebu, said their business cannot move due to lack of access to financing. Regual said the company supplies handicraft products to hotels…

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BEAUTY products brand Naruko, a bestselling brand online in Taiwan and China that also has 30 stores in the Philippines, is looking to expand its presence in the domestic beauty and skin care market. “We are targeting 100 stores by the end of the year and also looking at the…

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AN Overseas Filipino Worker (OFW) reached a milestone in his career as a mechanical engineer when he built an electric vehicle. Adonis Lagangan’s Clima Mobility is the newest member of the Electric Vehicle Association of the Philippines (EVAP). The mechanical engineering graduate of the Mapua Institute of Technology said his…

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AN Overseas Filipino Worker (OFW) reached a milestone in his career as a mechanical engineer when he built an electric vehicle. Adonis Lagangan’s Clima Mobility is the newest member of the Electric Vehicle Association of the Philippines (EVAP). The mechanical engineering graduate of the Mapua Institute of Technology said his…

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