German firms to hire more Filipino workers 

AS PART of government’s plan to boost the country’s economy and empower local labor force through the generation of more job opportunities, President Duterte has began initiatives to lift restrictive foreign investment laws.

The move is seen to open more doors for employment to more than 4 percent unemployed of the total 43 million Filipino workforce, likewise the 2.4 million who are currently working abroad.

“We will ensure the attractiveness of the Philippines to foreign direct investment by addressing the restrictive economic provisions of the constitution,” Duterte stressed.

Among the first takers are a number of German companies that…

Read more: German firms to hire more Filipino workers 

Ph, China to discuss infra projects

BIG-TICKET programs for infrastructure development were highlighted as Finance Secretary Carlos Dominguez and his team met with high-ranking Chinese officials during their recent trip to China to hammer out details of several proposed infrastructure projects that China has offered for funding.

The Finance Secretary said that the trip was a follow-up on the list of projects submitted by the Finance Department to the Chinese embassy in Manila for review. 

“The Philippine team would like to get their reactions and determine what their priorities are and see whether those also match with our priorities” Dominguez said adding that the discussions…

Read more: Ph, China to discuss infra projects

Canadian biz experts in DTI Negosyo Centers

 

ASPIRING and practicing Filipino entrepreneurs can soon avail of free business mentorship from Canadian business experts, as the Department of Trade and Industry (DTI) partners with a Canadian development organization focusing on capacity building to stimulate entrepreneurship for the long-term.

 This after a memorandum of understanding (MOU) with the Canadian Executive Service Organization (CESO) was signed recently to improve DTI’s capacity to expand integrative and inclusive business services provided to clients nationwide through the negosyo centers (NCs) and the shared service facilities (SSF). 

The 447 currently established NCs are part of DTI’s grand initiative to boost micro, small…

Read more: Canadian biz experts in DTI Negosyo Centers

Newsbrief: MECO-TECO ANNOUNCEMENT

In pursuit of cooperation between the Department of Science and Technology (DOST) and the Ministry of Science and Technology (MOST, formerly National Science Council) of Taipei, we are calling for mutually beneficial and collaborative project proposals in any of the following identified priority areas for implementation:

• Water resource management;

• Omics for personalized medicine; and

• Marine resources

Interested parties are advised to coordinate with prospective counterpart/collaborator in Taiwan to craft their proposals. The Filipino researcher must submit the proposal to DOST while the Taiwanese counterpart will submit the same to MOST for separate review and evaluation. Only projects…

Read more: Newsbrief: MECO-TECO ANNOUNCEMENT

Singapore hikes investment in PH 

SINGAPORE has expressed its interest in increasing its investment in the Philippines, as well as adding more flights to Manila ahead of higher demand for air travel between the two countries.

In a recent meeting with Department of Finance (DOF) Secretary Carlos Dominguez III, Singaporean Ambassador to Manila Kok Li Peng said Singapore’s private sector would like to explore new growth opportunities in the Philippines, particularly in the retail, transportation, infrastructure and tourism sectors.

Singaporean businessmen are planning to schedule the next meeting of the Philippines-Singapore Business Council (PSBC) in Davao City and, if possible, discuss new business and investment…

Read more: Singapore hikes investment in PH 

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