MANUFACTURING & LOGISTICS

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The development path of each of Asia’s advanced and middle-income economies has been characterized by strong growth of the industrial sector and large shifts of workers from lower value-added agriculture and services into higher-value manufacturing and exports. This has yet to take place in the Philippines on a sufficiently large scale.

Manufacturing

For much of the last century, industrialization in the Philippines consisted of import substitution and exports of agricultural and forestry products having limited value-added (e.g. coconut oil, copper metal, and plywood). [ Read This Chapter ]

Logistics

The ports of Batangas and Subic have substantial new investment in port infrastructure that should be utilized to lower international shipping costs for industry in CALABARZON and to develop an Asian regional freeport at Subic. [ Read This Chapter ]

Macquarie, GIC investments in EDC a vote of confidence...

25 August, 2017 at 16:00

Finance Secretary Carlos G. Dominguez III said the move by Macquarie Infrastructure Management (Asia) Pty. Ltd. and Arran Investments to pump P65 billion into the country’s energy sector is a vote of trust and confidence in the Duterte administration.

Korean firms leave Philippines for Vietnam

25 August, 2017 at 13:00

Korean manufacturing companies in the Philippines are packing up and leaving the country for Vietnam where they see lower costs and an easier way of doing business.

Arangkada forum to explore PHL industrialization

24 August, 2017 at 10:47

Foreign businesses are looking forward to helping the Philippines reach the next level of development by helping it diversify away from economic pillars like business process outsourcing (BPO) by boosting agriculture, among other sectors.

[OPINION] Technology, the dragon slayer

18 August, 2017 at 10:00

Companies that don’t have a digital strategy are toast.

Revenue loss due to tax perks down to P104B

28 July, 2017 at 13:00

Activities related to the country’s top dollar earners—business process outsourcing and electronics—cornered the bulk of tax incentives given away by the government in 2015 totaling P104.4 billion, latest Department of Finance data showed.

Manufacturing innovation key to EM break out growth

24 July, 2017 at 12:00

The concept of emerging markets is based broadly on the idea that the wealth of developing countries tends to converge over time with their developed peers. But, in fact, long-term growth and development has…

[OPINION] Mighty Kim

21 July, 2017 at 15:30

I got a call from former BIR commissioner Kim Henares last Monday. She said she didn’t want to react to an item in my column, but former DOF Sec. Cesar Purisima insisted that she clarify things with me.

The Sixth Anniversary Arangkada Philippines Forum: Implementing the 10-Point...

12 July, 2017 at 10:44

The Sixth Anniversary Arangkada Philippines Forum of the Joint Foreign Chambers (JFC) of the Philippines will be held at the Marriott Grand Ballroom on September 14, 2017.

VAT on local suppliers seen forcing exporters to import

27 June, 2017 at 14:57

The top industry official representing electronic exporters in the country said the government’s proposal to impose value-added tax (VAT) on local suppliers of export-oriented companies would push the latter to depend on what would then be cheaper imports…

[OPINION] The unfolding revolution

31 May, 2017 at 17:00

The Fourth Industrial Revolution has begun, and economies and societies are changing at breathtaking speed. We need to keep in step with it.

Foreign investors see bright spot in infra

16 May, 2017 at 09:22

The Philippines’ continued viability as an investment destination seems to be too attractive for the foreign business community to ignore.

Technological unemployment

5 May, 2017 at 14:04

Globalization has often been accused of causing the rise in populism and people voting against the establishment or the elite. All over the world, there is a worrying trend towards popular sentiments for the strong-man leadership together with a decline in democracies.

Statement of support for President Duterte and Secretary Dominguez...

15 March, 2017 at 11:07

The American Chamber of Commerce in the Philippines (AmCham) commends and applauds recent decisive actions taken by the Duterte Administration to raid stocks of manufactured products with counterfeit internal revenue stamps and thereby promote corporate tax compliance and ensure…

BY 2030: Manufacturing to triple jobs to 10M

9 March, 2017 at 08:30

The number of workers in the manufacturing sector is targeted to triple to 10 million by 2030 as industries make a big push for industrialization, according to Roberto Batungbacal, vice president of the American Chamber of Commerce of the Philippines (Amcham).

Manufacturing must do more to generate jobs — Arangkada

8 March, 2017 at 16:26

“The manufacturing sector is seen as a key driver in accelerating economic growth in a country that would have a population of 200 million by 2050. The goal is to create a globally competitive manufacturing sector that would contribute…

Manufacturing investments to double this year – BOI

7 March, 2017 at 14:02

The Board of Investments (BOI) sees a doubling of this year’s share of manufacturing projects in the country’s total investment generation in light of strong interests, particularly from Chinese and Japanese manufacturing companies.

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