By BusinessMirror -January 26, 2019 THE country is working to grow and develop industry clusters in a bid to create an inclusive innovation and entrepreneurship ecosystem. A policy brief released by the Department of Trade and Industry—Bureau of Trade and Industrial (DTI) Policy Research said regional inclusive innovation centers (RIICs) will build upon the existing industry clusters […]

January 24, 2019 Philippine economic growth remained stable as it grew 6.1 percent in the fourth quarter of 2018 from the revised 6.0 percent recorded in the third quarter. This steady performance—the seventh consecutive year that the Philippine economy sustained its growth of more than 6.0 percent—brings our 2018 full-year growth to 6.2 percent. This […]

Gross Domestic Product (GDP) posted a 6.1 percent growth in the fourth quarter of 2018, resulting in the 6.2 percent full-year growth for 2018. The main drivers of growth for the quarter were Construction; Trade and Repair of Motor Vehicles, Motorcycles, Personal and Household Goods; and Other Services. Among the major economic sectors during the fourth quarter of 2018, […]

The Philippine Star | Louella Desiderio – January 1, 2019 – 12:00am MANILA, Philippines — The local unit of Japanese carmaker Toyota Motor Corp. is planning to invest P1 billion this year to increase the local content of the Vios vehicles being produced under the Comprehensive Automotive Resurgence Strategy (CARS) program. The company, which expects […]

By: Roy Stephen C. Canivel |Inquirer Business / 04:57 PM December 13, 2018 Mitsubishi Motors Philippines Corp. (MMPC) will start exporting locally produced vehicles to different parts of Southeast Asia next year, the Department of Trade and Industry (DTI) said Thursday. DTI said in a statement Mitsubishi will be exporting Mirage and L300 units by 2019, a move […]