Foreign Company Engaged in Trade or Business in the Philippines

Aplets Corporation is registered under the laws of the Virgin Islands. It has extensive operations in Southeast Asia. In the Philippines, its products are imported and sold at a mark- up by its exclusive distributor, Kim’s Trading, Inc. The BIR compiled a record of all the imports of Kim from Aplets and imposed a tax [...]

Reform Philippine Coconut Industry

Senator Loren Legarda on Thursday encouraged coconut industry stakeholders to support the programs of the Philippine Coconut Authority (PCA), particularly the practice of sustainable farming, to ensure continuous development of the industry and maximize the benefits gained from it. Legarda, who was guest speaker at the National Coconut Week celebration held at the PCA Building [...]

GlobalPack International Conference in Iloilo City, Philippines

The Department of Science and Technology (DOST) is encouraging small and medium entrepreneurs (SMEs) to join the GlobalPack International Conference slated to be held on July 25 to 27 in Iloilo city. DOST Regional Director Rowen Gelonga said that through the conference the SMEs could learn a lot on how to improve their micro-enterprises because [...]

Doing Business in Free Trade Areas

“Doing Business in Free Trade Areas,” (DBFTA) was launched with a full day seminar at the Philippine Trade Training Center last Nov 5 with more than 500 participants from the private sector, academe, media and government. DBFTA, an information campaign on free trade agreements and FTA markets, is an initiative of the Philippine Chamber of [...]

The Philippines is Declared FMD-free

Result of the initial screening for foot and mouth disease (FMD) in the country’s livestock industry is expected to come out before the end of December, Dr. Rafael Mercado, chief of the livestock division of the Department of Agriculture (DA) Davao said. Once the Philippines is declared FMD-free by that time, a boom in the [...]

National English daily of Vietnam

President Benigno S. Aquino III’s state visit here and his attendance at the 17th Association of Southeast Asian Nations (ASEAN) Summit from October 26 to 30 has reached fever-pitch prompting the Vietnam News, the national English daily of Vietnam, to feature the Chief Executive on the front page of its Tuesday edition. In its article [...]

7th China-ASEAN Expo (CAEXPO)

More than 2,000 enterprises from home and abroad are taking part in the 7th China-ASEAN Expo (CAEXPO), which opened here Tuesday in Nanning, capital of south China’s Guangxi Zhuang Autonomous Region. The event has a total of 4,600 exhibition booths, all for exhibitors from China and the 10 members of the Association of Southeast Asian [...]

Export of Coconut Sap Sugar

By Danny O. Calleja With coconut as one of its major crops, Bicol expects to contribute more to the country’s dollar earners with the prospect of exporting Technomart commodities like coconut sap sugar to Hawaii, according to the regional office here of the Department of Science and Technology (DOST). The recently concluded 22nd Trade Mission [...]

Koreans Investing in the Philippines

The Department of Trade and Industry has encouraged Korean businessmen to take advantage of attractive incentives on the preferred activities under the 2011 Investments Priorities Plan (IPP). “At the Board of Investments (BOI), our investment opportunities include 13 preferred activities or industry selection. If you invest in these activities, you will get incentives in these [...]

Trade between the Philippines and China

Trade between the Philippines and China posted a 32 percent annual growth from January to October 2011, signaling the continuing robustness of the bilateral economic relations amidst weaknesses in the global economy. The Department of Foreign Affairs, through the Philippine Embassy in Beijing, reported that according to statistics issued recently by the General Administration of [...]

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