LOAMCP Philippines secures financial support from LifeBank for organic agriculture development
The League of Organic Agriculture Municipalities, Cities, and Provinces of the Philippines (LOAMCP Philippines) has signed a memorandum of agreement with LifeBank Microfinance Foundation, Inc. (LBMFI) securing financial support for its sustainable organic agriculture development program. Based on the signed Agreement, LOAMCP Philippines is expected to achieve the following results: 1) Conduct two batches of… (0 comment)

Tokyo, MNL to boost exchange on defense, infra, Bangsamoro dev’t
The Philippine and Japanese governments have vowed to increase their cooperation on defense and security, as well as the development of infrastructure in the country, and the Bangsamoro region. This commitment was made during the second bilateral meeting between Foreign Affairs Secretary Teodoro Locsin Jr. and his Japanese counterpart, Foreign Minister Taro Kono, at the… (0 comment)

Philippines improves ranking in global tourism index
The World Travel and Tourism Council (WTTC) placed the Philippines in the 13th on the Travel and Tourism Countries Power ranking, and 15th on the Travel and Tourism Countries Performance ranking. Based on the country’s absolute growth, the Philippines is ranked 13th with an overall score of 19.75 in the WTTC’s Travel and Tourism Countries… (0 comment)

Modern-day Filipino Heroes: Recognizing OFWs deeds, sacrifices
Over 10-million Overseas Filipino Workers (OFWs) worldwide work to earn a living to support their families. But far more than securing their families’ basic needs, their hard work provides strong remittance inflows which favor the country’s economic development. Their remittance money is a great source of the country’s foreign reserves. OFWs willingly take the risk… (0 comment)

PH employment index Q1 2018 registers 14% growth
The latest Southeast Asia Online Recruitment Trends Report by Monster.com revealed that overall job market activity in the Philippines was positive throughout 2017 while a positive outlook on online hiring for the remainder of 2018 is maintained. The said Monster.com report gives an overview of the online recruitment landscape, market challenges, opportunities, hiring trends, and… (0 comment)

Philippines inks agricultural partnership with Papua New Guinea
The Philippines and Papua New Guinea signed a partnership for agricultural cooperation during the state visit of Papua New Guinea Prime Minister Peter O’Neill to the Philippines on May 16, 2018. President Rodrigo Roa Duterte received Prime Minister O’Neill in Malacañan Palace, where thy witnessed the signing of of economic partnership to further boost food… (0 comment)

TRAIN Law fuels PH growth
The Department of Finance (DOF) said the first package of the Tax Reform for Acceleration and Inclusion (TRAIN) Law provides ample fiscal space for the government to fund programs that support economic growth. In its Economic Bulletin on GDP, the department said Package 1 of the TRAIN Law will bring in additional resources for the… (0 comment)

ADB to boost PH growth with infra projects focused on Mindanao
In the 51st Asian Development Bank (ADB) annual meeting with the theme “Linking People and Economies for Inclusive Development,” held in Manila on May 4-6, 2018, the multilateral development bank reaffirmed its commitment to eradicate poverty through achieving inclusive growth in Asia and the Pacific region. ADB announced that it will increase its funding for… (0 comment)

Construction firms optimistic with PH operation given ‘Build, Build, Build’
US-based firm Caterpillar, Inc. expressed bullishness on its Philippine operation in the construction sector amid the government’s “Build, Build, Build” initiative. The American construction machinery and equipment provider said the current administration’s massive infrastructure program would give opportunities for the sector. Caterpillar Global Director for Excavation Division Giacomo Bottone said the company would provide a… (0 comment)

PH secures $9B investments from China – Duterte
President Rodrigo Duterte has secured new investments worth $9 billion during his four-day visit to China this month. This was announced during his arrival in Davao City. The President said this would create at least 10, 000 jobs for Filipinos. Aside from this, the Philippines and China sealed a deal allowing the employment of 2,000… (0 comment)