+ Follow TRADE AND INDUSTRY SECRETARY Tag
TRADE AND INDUSTRY SECRETARY
Array
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[results] => Array
(
[0] => Array
(
[ArticleID] => 379038
[Title] => P125 wage increase likely to discourage investors – economist
[Summary] =>
The proposed P125 legislated daily wage hike will likely discourage investors from putting up businesses in the country, a school-based economist said yesterday.
Peter Lee U, dean of the University of Asia and the Pacific’s School of Economics, said the minimum wage hike would pull up the cost of labor in the Philippines, which is already more expensive when compared to neighboring countries like Thailand.
[DatePublished] => 2007-01-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
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[ArticleID] => 291442
[Title] => Local cement makers warned to brace for flood of imports
[Summary] => Local cement manufacturers should gear up to be more competitive in anticipation of an influx of imported cement following the final ruling of the Supreme Court on the lifting of the safeguard duty on imported cement, a top trade official said.
Trade and Industry Undersecretary and Board of Investments officer-in-charge Elmer Hernandez warned local cement manufacturers of tougher competition after the en banc decision of the SC lifting the safeguard tariffs on imported cement.
[DatePublished] => 2005-08-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
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[ArticleID] => 286148
[Title] => BOI assures investors
[Summary] => Board of Investments (BOI) Managing Head Elmer C. Hernandez has assured investors that the government’s economic institutions remain strong despite the sudden change in economic and finance leaders.
He pointed out that the ongoing political turmoil only proves that the country is now politically mature.
"This is so "because the institution is still working," he said.
Hernandez argued that "if we change institutions through mob rule, you don’t know what policy to follow because there is no institution."
[DatePublished] => 2005-07-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 270056
[Title] => Natural resources preservation effort of gov’t backed
[Summary] => The Export Development Council (EDC) is supporting the government’s effort to protect and preserve the country’s forests and other natural resources provided that such move does not harm the export industry.
Trade and Industry Secretary and EDC chairman Juan B. Santos said, "the council supports the total log ban in protected forests and selective logging in production forests and tree plantations."
[DatePublished] => 2005-03-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 263169
[Title] => DTI warns retailers against hiking prices of canned goods
[Summary] => The Department of Trade and Industry (DTI) warned retailers yesterday against taking advantage of the heavy flooding by increasing the prices of canned goods and noodles, pointing out that these products are not affected by the recent rains.
At the same time, the DTI also warned wet market vendors not to violate the Price Tag Law or tamper with weighing scales.
Trade and Industry Secretary for Consumer Welfare Adrian S. Cristobal Jr. said the DTI is intensifying its price and market monitoring to safeguard consumers.
[DatePublished] => 2004-08-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
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[ArticleID] => 262331
[Title] => BOI-listed firms will be required to offer 10% of shares to public
[Summary] => In a bid to reinvigorate the local stock market and perk up the local capital market, the Board of Investments (BOI) will now strictly implement its requirement for BOI-registered firms to publicly offer at least 10 percent of their shares to the public.
Trade and Industry Secretary and concurrent BOI chairman Cesar V. Purisima said, he has ordered a review of all BOI-registered firms that have availed themselves of incentives for the last 10 years to determine which ones have not yet complied with the 10-percent public offering requirement.
[DatePublished] => 2004-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
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[ArticleID] => 260094
[Title] => IPR body to return to the fold of DTI
[Summary] => Malacañang is set to give back supervision of the Intellectual Property Office (IPO) to the Department of Trade and Industry (DTI).
The IPO was placed under the Office of the President during the term of former Trade and Industry Secretary and now Senator Manuel A. Roxas III.
The move is supposed to strengthen and consolidate government’s effort to comply with Intellectual Property Rights (IPR) Laws.
The Philippines’ weak compliance has led to its continued inclusion in the Special 301 Watchlist of the United States.
[DatePublished] => 2004-08-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 234833
[Title] => New DTI chief vows to pursue GMA administration’s 8-point agenda
[Summary] => In his first press conference as Trade and Industry Secretary, Cesar A.V. Purisima assured that in the short six month time frame that he has initially set for himself, he would basically adhere to President Arroyo’s 8-Point Agenda concentrating on four of the eight points and follow through on programs started by his predecessor, Manuel A. Roxas II.
The four points which Purisima would concentrate on are job creation, stabilizing prices, improving infrastructure to encourage more businesses and improving health through the cheap medicine program.
[DatePublished] => 2004-01-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 202790
[Title] => GTEB probes irregularities in use of RP garment quota
[Summary] => The Garments and Textile Exports Board is looking into reports that the Philippines’ quota allocation is being used by other countries to peddle their goods to Europe following an abnormal rise in the country’s exports of pants to the European Union in the past two months
Trade and Industry Secretary and GTEB chairman Manuel A. Roxas II said preliminary investigation showed that several Philippine apparel manufacturers had no production. He said some companies also failed to show the goods that were supposed to be shipped to EU countries.
[DatePublished] => 2003-04-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
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[ArticleID] => 202161
[Title] => FDIs dip 26% to P46B in 2002
[Summary] => Foreign direct investments (FDIs) approved by the Board of Investments (BOI) declined by 26 percent to P46 billion in 2002 from P62.4 billion in 2001 as a result of the global economic slowdown.
Japanese investors with P17.1 billion in capital infusion accounted for the bulk or 37 percent of total investments followed by Taiwanese investors who brought in P12.2 billion last year.
Based on a report from the BOI, the manufacturing and mining sectors received the bulk, or 77 percent of total inflows with P35.3 billion last year.
[DatePublished] => 2003-04-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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