The Senate Bill 3404 or the Philippine Immigration Act of 2010 has provision that raised concern to some business sectors. Section 30 of the said act grants Immigration Officers the power to assign personnel to do overtime work at rates fixed by him when the services rendered is to be paid for by the shipping [...]

The Federation of Philippine Industries (FPI) warned that prices of goods with imported raw material sold in the country would likely increase next year. That is once the government has implemented the law requiring all imported bulk and break bulk cargo to be surveyed by an accredited surveying company at the port of origin.

The RD Corporation, a Filipino owned company, is planning to expand its investment in the tuna cannery business and is earmarking about $15 million for its prospect. This was disclosed by RD Group chairman Rodrigo Rivera, who said that they will be starting the new cannery by the first quarter of 2010 and will be [...]

After successfully breaking in foreign-dominated toothpaste market in the Philippines, Filipino-owned Lamoiyan Corp., manufacturer of the Hapee toothpaste brand is looking to capture the Chinese market as well.
Company president and chief executive Cecilio Kwok Pedro said they have decided to be more aggressive, and soon they will be exporting Hapee toothpaste to China. At present, [...]

In its bid to boost further the country’s tourism industry amid the global recession, the Department of Tourism is setting up business meetings between local tourism industry players and foreign buyers.  Tourism secretary Ace Durano said, “In effect, the foreign buyers conduct the onsite consumer marketing for us in their respective countries.”

A recent proposal in the US Congress could save the Philippine garment sector. US House Resolution 3039 or “Save Our Industries Act of 2009” proposes duty-free status for Philippine garment exports, as long as they are made of American fabric.

The government announced that for the first time, the Philippines will be exporting yellow corn and its first shipment would be for Vietnam. This was confirmed by Agriculture Secretary Arthur Yap, who said that the National Food Authority (NFA) already had talks with authorities in Vietnam, and they have committed to prioritize buying Philippine corn.

Importation is the commercial activity of bringing into the country products or services coming from other countries. As importing products or services can be of help to the country, the Philippines has established its own rules and regulations in terms of importation to protect the interest of its people and its economy.
Upon every importation, all [...]

To identify the foreign markets that offer the best potential for a product to be exported, a research about the market is necessary. Firms that are just new to the exporting industries should consider the demographic and physical environment as well as the political, social, and cultural environment of the targeted market. The market accessibility, [...]

Engaging in exporting is beneficial not only to ones firm but to the country as well. Being familiar with the process and documentation requirements in the export industry is necessary for a firm to ensure smooth flow of transactions.
The very first step in venturing into the export industry is identifying and reaching for foreign buyers. [...]

Exporting a product provides a lot of opportunities and advantages to local enterprise. Unfortunately, the brilliant opportunities that the worldwide marketplace offers are not being taken advantage of by many firms. Compare to the earlier forms of trades, opportunities for exporting a business have been extraordinarily created nowadays with the massive restructuring of political boundaries, [...]

Retail Trade is defined as “any act, occupation or calling of habitually selling direct to general public merchandise, commodities or goods for consumption subject to certain exceptions.” On March 26, 2000, Republic Act No. 8762 entitled Retail Trade Liberalization Act took effect which allowed foreign investors to engage in the retail trade in the Philippines [...]

Banana has become one the Philippine’s major export products because of the growing global demand. In line with this development, President Gloria Macapagal-Arroyo recently signed Executive Order 807 which lifted the limit of hectarage for banana export plantation.
The lifting on the limit of the hectarage for banana export plantation was based on the recommendation of [...]

Around 500 employees will be displaced as Goodyear Tire and Rubber Co. decided to close its manufacturing plant in Las Pinas City on September 30 this year.
Goodyear Philippines Inc. Managing Director Dave Morin said the facility’s operating costs were no longer competitive after it lost its export business.
Morin said exports consist 45 to 50 percent [...]

In the light of the fear brought about by the potential outbreak of the A/H1N1 influenza virus, or more commonly know as the swine flu virus, a factory in Bataan Economic Zone (BEZ) has hiked up its production of face mask, bandage, isolation gowns and other medical garments.
Medtex, a Taiwanese company which has been operating [...]

The long time dream of most importers getting their goods at the shortest possible time is about to become a reality, in fact, it will only take them 30 minutes flat! That is what Bureau of Customs (BOC) Commissioner Napoleon L. Morales promised.
Morales is confident of this because they have already tested the system at [...]

Following the announcement of the US Food and Drug Administration (FDA) of some pistachio nuts being contaminated with salmonella, their local counterpart, the Bureau of Food and Drugs, (BFAD) ordered a recall on pistachio products sourced from manufacturer Setton Pistachio in California.
BFAD director Leticia Barbara Gutierrez said their inspectors have already collected some samples of [...]

A Memorandum of Understanding (MoU) on fisheries, which pledged to strengthen two-way trade and investment, has been signed between the government of Philippines and Papua New Guinea. The two countries entered into the understanding when Papua New Guinea Prime Minister Michael Somare visited the Philippines.
Somare met with our president Gloria Macapagal-Arroyo during his visit country [...]

Antoinette Easton, a Filipina who is now residing in Australia, is passionate about angels. She loves angels, especially those in the nativity scenes. This passion about angels inspired Easton to start a business selling products made in the Philippines.
Now, this entrepreneur has helped create jobs for the Filipinos in the country as she promotes Philippine [...]

DHL has undoubtedly earned the reputation of being the world’s leading express and logistics company because of its efficient and reliable customer service. This has been made even better by providing customers the access to check and monitor their shipments online and in real time.
Introducing DHL ProViewTM,  a web-based tool that will allow customers  to [...]