March 2021 | International Law Alerts | Trade and Investment

 

Trade Secretary Ramon Lopez said they are hopeful to convene the next trade and investment dialogue with China this year, four years after their last discussion in 2017

The Philippines and Indonesia are working on a Memorandum of Understanding (MoU) to help Philippine exporters comply with Indonesia’s Law 33/2014 on Halal Product Assurance, now in effect. The MoU, now in its final stages, will facilitate trading of Halal-certified goods through a government-to-government arrangement.

Hocheng Philippines Corporation (HPC), a leading manufacturer of bathroom equipment, is planning to expand its operations in the Philippines including the assembly, promotion, and distribution of LENUS, an anti-virus guard that requires wearing a face mask as it functions as a thermal scanner and alcohol dispenser in one.

Foreign investors continue to show strong confidence in doing business in the country as they see themselves to “Make It Happen” in the Philippines, as it primes up for a resilient and robust economic recovery this year.

Standard Chartered has tagged the Philippines as one of the most favorable countries for foreign investment in Southeast Asia.

Australians will soon be tasting the sweet, savory, and creamy durian from Davao as the Philippines’ first-ever shipment of frozen durian from Davao City has arrived Down Under

A Filipino-Israeli pharmaceutical company looks to invest more than P1 billion to produce a Covid-19 oral vaccine in the country, the Philippine Economic Zone Authority (PEZA) said on Thursday.

The construction of SteelAsia Manufacturing Corp.’s Lemery plant in Batangas will resume after it was suspended due to the Covid-19 lockdown.

The Philippine Economic Zone Authority (PEZA) has approved PHP13.19 billion worth of investments involving 33 projects, the investment promotion agency said in a statement Thursday

European companies have invested EUR406.5 million (around PHP23.43 billion) in the Philippines last year, Department of Trade and Industry (DTI) Secretary Ramon Lopez said on Tuesday

Finance Secretary Carlos Dominguez III identified technology and halal as potential areas for trade and investment collaboration with Indonesia in a move that signals the country’s commitment to deepening bilateral relations with the largest economy in Southeast Asia.

SERCOMM Philippines continues to ‘Make It Happen in the Philippines ’as it announced a major milestone with production of its networking and broadband equipment recently reached 10 million units.

The Department of Trade and Industry (DTI) and the Board of Investments (BOI) hailed the signing of the landmark Republic Act. No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, by President Rodrigo Duterte after it passed both Houses of Congress recently.