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Louella Desiderio
Louella Desiderio
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DTI extends P1.63 B loans to micro-enterprises
by Louella Desiderio - December 14, 2018 - 12:00am
The Department of Trade and Industry (DTI) has extended P1.63 billion worth of loans to more than 58,000 micro-enterprises under the Pondo sa Pagbabago at Pag-asenso (P3) program.
Mitsubishi plans SE Asia exports next year
by Louella Desiderio - December 14, 2018 - 12:00am
Mitsubishi Motors Philippines Corp. (MMPC) plans to start exporting vehicles to Southeast Asian markets next year.
Vehicle sales slow further in November
by Louella Desiderio - December 14, 2018 - 12:00am
Vehicle sales continued to decline in November, registering a 23.4 percent drop from the same month a year ago, as higher excise taxes and elevated inflation still dampened demand for new purchases.
Tech firm Honeywell expects continued robust growth in Philippines
by Louella Desiderio - December 13, 2018 - 12:00am
Diversified technology and manufacturing firm Honeywell International Philippines Inc. expects revenues this year and next to grow by at least twice the country’s gross domestic product (GDP) as it takes advantage...
Ecozone investments plunge 44% in 11 months
by Louella Desiderio - December 13, 2018 - 12:00am
Investments approved by the Philippine Economic Zone Authority (PEZA) dropped 43.98 percent in 11 months this year compared to last year as all sectors, except information technology (IT), recorded declines.
BOI OKs Seaoil’s oil depot, Balayan oleochemical projects
by Louella Desiderio - December 12, 2018 - 12:00am
The Board of Investments (BOI) has approved Seaoil Philippines Inc.’s oil depot facility in Davao del Sur and Balayan Bay Batangas Development Inc.’s (BBBDI) oleochemicals project which have combined...
MAP backs creation of central valuation system for real property
by Louella Desiderio - December 11, 2018 - 12:00am
The Management Association of the Philippines (MAP) supports the creation of a central valuation system for real property under the third package of the government’s tax reform program, but recommends a lower...
Toyota rolls out new Camry
by Louella Desiderio - December 11, 2018 - 12:00am
Toyota Motor Philippines Corp. (TMPC) will start selling the all-new flagship sedan Camry tomorrow, in time for the holiday season.
Toyota expects sales to grow next year
by Louella Desiderio - December 10, 2018 - 12:00am
Toyota Motor Philippines Corp. (TMPC) expects sales to rise next year, reversing this year’s decline as demand for vehicles is expected to regain strength.
Philippines logistics sector to create 7.5 M jobs by 2022
by Louella Desiderio - December 10, 2018 - 12:00am
The Philippine logistics sector may help create 7.5 million jobs and achieve five percent employment by 2022.
PCC clears Kepco’s 38% equity stake in Solar Philippines
by Louella Desiderio - December 9, 2018 - 12:00am
The Philippine Competition Commission (PCC) has cleared the acquisition of Kepco Philippines Holdings Inc. of shares in Solar Philippines Calatagan Corp.
BOI OKs tax perks for Cargill’s P2-B cut chicken production
by Louella Desiderio - December 9, 2018 - 12:00am
The Board of Investments (BOI) has approved the grant of tax perks to Cargill Joy Poultry Meat Production Inc.’s P2.08-billion marinated cut chicken production project as an inclusive business (IB) model ...
Fitch unit sees modest sales recovery for cars in 2019
by Louella Desiderio - December 8, 2018 - 12:00am
The Philippines may see a mild recovery in the passenger car market with sales projected to grow by 3.2 percent to reach 120,000 units next year, a unit of Fitch Ratings said.
DTI expects total exports growing by 10% for 2018
by Louella Desiderio - December 8, 2018 - 12:00am
The Department of Trade and Industry expects the country’s exports of goods and services to rise by nearly 10 percent to as much as $87.8 billion this year, with growth expected from both sectors.
Philippines logistics cost among highest in Southeast Asia
by Louella Desiderio - December 7, 2018 - 12:00am
The Philippines has the highest logistics cost compared to three other Southeast Asian countries, a study undertaken by the Department of Trade and Industry and the World Bank showed.
Prices of canned sardines to go up
by Louella Desiderio - December 7, 2018 - 12:00am
Prices of canned sardines and a corned beef brand are set to increase slightly under the new suggested retail price (SRP) list of the Department of Trade and Industry (DTI).
DTI, DPWH seek P6.8-billion budget for road infrastructure projects
by Louella Desiderio - December 6, 2018 - 12:00am
The Department of Trade and Industry and Department of Public Works and Highways are seeking a P6.8-billion budget for infrastructure projects in priority economic and manufacturing zones next year.
Toyota invests P100 million for solar array project
by Louella Desiderio - December 6, 2018 - 12:00am
Toyota Motor Philippines Corp. has invested P100 million for a one-megawatt solar array project to power manufacturing operations in its Laguna plant and generate energy cost savings.
Manila FAME trade show generates $4.81 M sales
by Louella Desiderio - December 3, 2018 - 12:00am
The Philippines generated $4.81 million worth of export sales from Manila FAME, the premiere trade show for design and lifestyle, down from its $7.2 million target.
Jakarta, KL, Bangkok seen as export markets for fashion items
by Louella Desiderio - December 3, 2018 - 12:00am
Southeast Asian cities like Jakarta, Kuala Lumpur and Bangkok present opportunities for Philippine exporters and retailers as consumers in these markets are willing to spend for fashion items, the Philippine Exporters...
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