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FTA with South Korea spells ₧150B-₧200B in FDI in 3 yrs

THE Philippines could generate P150 billion to P200 billion worth of foreign direct investments (FDI) within three years from the free trade agreement (FTA) with South Korea, which is expected to be signed in November, according to the Department of Trade and Industry (DTI). Ceferino Rodolfo, the Undersecretary for Industry… ....

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Manufacturing investments in PH hit P1.1T since 2016

The Philippines has received a total of P1.1 trillion investments in the manufacturing sector over the past six years, signifying strong interest from both foreign and local investors to take advantage of the increasing competitiveness of the economy, Trade and Industry Secretary Ramon M. Lopez repo ....

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Lopez sees P500-B 'actual' investment pledges await Marcos administration – Manila Bulletin

Exactly ten days before he will leave office on June 30, Trade and Industry Secretary Ramon M. Lopez has announced a huge P500-billion “actual investment pledges” that would be part of the accomplishments the Duterte administration would leave for the next Marcos leadership to pursue.

Lopez said ....

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Initial P2 price hike in Pinoy Tasty, Pandesal looms

Prices of Pinoy Tasty and Pandesal are expected to increase initially by P2 as bread manufacturers are hard pressed with the soaring prices of wheat flour, which accounts for 40 percent of cost in bread production. Johnlu Koa, president of the Philippine Baking Industry Group (Philbaking), said they ....

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