Senior business representatives from around the Asia-Pacific voiced strong support this week in the Chinese city of Hangzhou for the World Trade Organization (WTO) and a rules-based multilateral trading system. The group also stressed the importance of incorporating policies to mitigate and prevent negative climate change impacts, most notably on the most vulnerable communities. In addition, they underscored the enormous potential benefits from the digital economy and innovation for businesses, especially for women and micro, small and medium-sized enterprises (MSMEs) in the region.
Simmering U.S.-China trade tensions and rising protectionism are threatening the global economy, with efforts to persuade the two countries to resolve their differences being largely ignored.
The Philippine government will resume the centuries-old practice of barter trading at the border areas of Mindanao, Malaysia, and Indonesia next month, an official of the Mindanao Development Authority (MinDA) said
The Philippines has banned imports of pigs and pig products from Laos due to an African swine fever outbreak, it said in a filing published by the World Trade Organization on Tuesday
THE ITALIAN government has offered public and private assistance for the development of the Bangsamoro Region, Agriculture Secretary Emmanuel F. Piñol said.
TRADE Secretary Ramon M. Lopez underscored the need to increase Philippine halal products in domestic and export markets to maximize the opportunities of a growing global halal market amounting to $2.6 trillion.
THE Philippine National Oil Co. (PNOC) and Ratio Petroleum Ltd. of Israel have signed a memorandum of understanding (MOU) for them to explore and develop oil and gas resources in the Philippines.
THE Philippines will gain from the fallout of the US-China trade war as some American companies are relocating to the country, while those already in the country are expanding their operations, the country’s envoy to Washington said.
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