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Louella Desiderio
Louella Desiderio
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PEZA, BI partner for enhanced investor visa services
by Louella Desiderio - January 26, 2025 - 12:00am
The Philippine Economic Zone Authority and the Bureau of Immigration have signed a data sharing agreement to enhance investor visa services in line with efforts to facilitate trade and investments.
Packaging industry growth seen lagging GDP
by Louella Desiderio - January 26, 2025 - 12:00am
The Philippine packaging industry is expected to grow at a pace below the country’s gross domestic product due to high material costs.
NEDA expects continued poverty reduction
by Louella Desiderio - January 26, 2025 - 12:00am
Poverty incidence in the country is expected to continue to go down following improvements in the labor market performance and lower inflation last year, according to the National Economic and Development Autho...
Philippines to push for free trade deal with US
by Louella Desiderio - January 26, 2025 - 12:00am
The Philippines will actively push for a bilateral free trade agreement with the United States as it expects the administration of President Donald Trump to remain open to such a deal, according to the Department...
PEZA, TESDA partner to strengthen workforce
by Louella Desiderio - January 25, 2025 - 12:00am
The Philippine Economic Zone Authority (PEZA) has teamed up with the Technical Education and Skills Development Authority (TESDA) to strengthen the Philippine workforce and prepare them for the evolving demands of...
Fashion giant Shein urged to expand in Philippines
by Louella Desiderio - January 25, 2025 - 12:00am
The Department of Trade and Industry (DTI) is encouraging online fashion retailer Shein to consider expanding its operations in the Philippines by looking at manufacturing opportunities.
BOI eyes release of new SIPP within H1
by Louella Desiderio - January 25, 2025 - 12:00am
The Board of Investments (BOI) expects to release the Strategic Investment Priority Plan (SIPP) for 2025 to 2028, which will identify activities eligible for incentives, within the first half of the year.
Trade gap widens to $54.2 billion in 2024
by Louella Desiderio - January 25, 2025 - 12:00am
The country’s trade shortfall widened to $54.21 billion in 2024, the highest trade gap in two years or since the December 2022 deficit of $57.65 billion, as imports increased while exports continued to deteriorate,...
Steel Asia’s P30 billion Quezon plant to start operations in 2 years
by Louella Desiderio - January 24, 2025 - 12:00am
The country’s flagship steel manufacturer expects to start the commercial operations of its P30 billion plant in Candelaria, Quezon by 2027.
ACMobility to expand EV charging network in Makati
by Louella Desiderio - January 22, 2025 - 12:00am
Ayala Group’s mobility solutions arm is beefing its electric vehicle charging network in Makati as part of efforts to promote the shift to electrified transport.
Retail price growth in NCR picks up in December
by Louella Desiderio - January 22, 2025 - 12:00am
Retail price growth of goods in Metro Manila rose in December 2024 from the previous month due mainly to the slower decline in fuel prices, according to the Philippine Statistics Authority.
Philippines one of ASEAN’S fastest-growing economies – AMRO
by Louella Desiderio - January 22, 2025 - 12:00am
The Philippines is expected to remain among the fastest-growing economies in Southeast Asia this year, according to the Association of Southeast Asian Nations Plus 3 Macroeconomic Research Office.
SB Corp. targets P500 million profit this year
by Louella Desiderio - January 21, 2025 - 12:00am
The financing arm of the Department of Trade and Industry (DTI) is looking to achieve P500 million in net operating income in 2025 after surpassing the target for 2024.
Exporters urged to prepare for European Union Green Deal
by Louella Desiderio - January 21, 2025 - 12:00am
Filipino exporters must begin preparations to comply with the European Union’s (EU) Green Deal requirements to remain competitive and facilitate smoother entry into global markets, according to the country’s...
Finland looks to Philippines for talent attraction
by Louella Desiderio - January 20, 2025 - 12:00am
Finland is actively encouraging Filipino workers to consider employment opportunities in the European country, citing the Philippines as one of its focus countries for talent attraction.
BCDA eyeing PPP for waste-to-energy facility in Clark
by Louella Desiderio - January 19, 2025 - 12:00am
State-run Bases Conversion and Development Authority is conducting a study for a waste-to-energy facility being eyed as a public-private partnership project to provide a renewable energy source for the Clark Freeport...
Philippines, South Korea partner to promote digital transformation, innovation
by Louella Desiderio - January 19, 2025 - 12:00am
The Philippines has partnered with South Korea to pursue digital transformation and innovation efforts to drive economic growth.
‘Philippines to post over 6% growth this year’
by Louella Desiderio - January 19, 2025 - 12:00am
The Philippine economy is expected to post over six percent growth this year with lower inflation and interest rates to support consumption and investments, according to an official of BDO Unibank Inc.
SB Corp rolls out P1.5 billion loan program for MSMEs
by Louella Desiderio - January 19, 2025 - 12:00am
The financing arm of the Department of Trade and Industry has rolled out two programs with a total of P1.5 billion worth of loans available for micro, small and medium enterprises.
‘Philippines-European Union free trade agreement to deliver vital trade boost’
by Louella Desiderio - January 18, 2025 - 12:00am
Trade between the Philippines and the European Union is currently below its potential, but a free trade agreement (FTA) is expected to significantly boost trade, according to EUAmbassador Massimo Santoro. 
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