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From 73rd ranking last year, the Philippines jumps to 54th place among 129 countries in the 2019 Global Innovation Index (GII). The Philippines scores 36.18 this year, up from last year’s 31.56. The country’s scores significantly increased in five of the GII’s eight pillars: institutions, infrastructure, business sophistication, knowledge & technology outputs, and creative outputs. “It recognizes […]
Senator Bong Go called for unity among the organizers of the 30th Southeast Asian Games, which the Philippines will host on November 30 to December 11, 2019. “Let us go for gold.” “One team, one goal,” Go cheered the organizers and members of the Philippine contingent in the meeting. “Let us go for gold.” The […]
Current trends in traveling have drastically changed over the years. More and more people are looking for ways to start an adventure without having to shell out a lot of money, be it in the outskirts of the Philippines or in international territories to visit beaches, tourist spots, and other cultural landmarks. One way to […]
In a bid to strengthen the country’s agriculture industry and support farmers, the Department of Agriculture (DA) closed a deal with the government for a P44-billion loan to complete the proposed solar power plant project. Agriculture Secretary Emmanuel Piñol and Israel Ambassador to the Philippines Rafael Harpaz signed the Implementing Agreement (IA) on Agricultural Cooperation […]
The French and Philippine governments concluded the 8th Philippines-France Joint Economic Commission (JEC) meeting in Manila, agreeing to come up with more exchanges to increase trade and investment ties as well as boost development cooperation. “The two nations have opened new inroads.” In the latest JEC meet, the two nations have opened “new inroads” as […]
The recent Recto Bank incident involving a Chinese vessel and a Philippine fishing boat has no effect on the trade relations between the two countries, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. In a press conference, Lopez said the issue involving the code of conduct in the sea is separate from business […]
Senator Dick Gordon hailed the scheduled ratification of a landmark agreement between the Philippines and Indonesia that establishes a boundary in the overlapping exclusive economic zones (EEZs) of both countries. “Congratulations are in order for President Rodrigo R. Duterte and Indonesian President Joko Widodo on their announcement at the 34th ASEAN Summit in Bangkok that […]
To ensure the implementation of the iron processing plant project signed during the China visit of President Rodrigo Duterte last April, Department of Trade and Industry (DTI) Secretary Ramon Lopez engaged with Chinese investor group to discuss the details of their expansions as well as the menu of incentives provided by the Philippine government. In […]
As the nation celebrates the 121st anniversary of the proclamation of Philippine Independence, Senator Loren Legarda is urging Filipinos to unite in making sure that our country achieves inclusive, resilient and sustainable growth so that every citizen will be free from poverty. “Freedom is not only the absence of an oppressor. We have won against […]
Trade Secretary Ramon Lopez highlighted the strong macroeconomic fundamentals and the continuing growth story of the Philippines with South Korean business executives during a high-level roundtable meeting in Seoul. Lopez emphasized the opportunities South Korean companies, particularly in the manufacturing industry, may explore when locating and expanding their operations in the Philippines. The trade chief […]