Weak demand from major export markets pulled down exports by 11.4 percent in June 2016, its 15th consecutive month of decline, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell from US$ 5.4 billion in the previous year to US$4.8 billion in […]

The Philippine Star | By Richmond Mercurio | Updated August 7, 2016 – 12:00am MANILA, Philippines – The Philippines is gearing to become a regional hub for manufacturing and aftermarket services in the aerospace and aviation industries as the government moves to align local players’ capabilities to global standards. The Board of Investments (BOI) said qualified […]

Efforts to boost the economy of the CARAGA region gets added lift as the Board of Investments (BOI) and the Department of Trade & Industry (DTI) gathered Region 13 stakeholders to craft their local version of national industry roadmaps in pursuit of further growth and competitiveness in the region. More than 250 stakeholders including industry […]

The Philippine aerospace industry is gearing towards complying and aligning its capabilities as global suppliers of aerospace parts and components as qualified local aerospace companies are set to undergo training that will assist them in implementing Aerospace Quality Management System (AQMS) in their firms leading to AS9100 certification. AS9100 is a widely adopted and standardized […]

BusinessWorld | Posted on August 03, 2016 A JAPAN-BASED debt watcher has affirmed its credit rating for the Philippines, citing in a statement yesterday the country’s continued macroeconomic strength through a change in presidents and resilience against external headwinds. The Japan Credit Rating Agency, Ltd. (JCR) has affirmed its “BBB+” rating with a “stable” outlook for […]