Business and Economy

Davao agrarian reform farmers chide 2 DAR officials’ alleged ‘uncaring attitude’

MANILA–Davao del Norte-based agrarian reform beneficiaries (ARBs) rebuked two officials of the Department of Agrarian Reform (DAR) for allegedly issuing misleading statements and inciting them to violence during a recent meeting to discuss their agribusiness venture agreement (AVA) with the Marsman Estate Plantation, Inc. (MEPI). Members of the Davao Marsman Agrarian Reform Beneficiaries Development Cooperative …

Trump takes first swing in lumber war: tariff of 20 per cent on Canadian lumber

The United States has fired the opening shot in the latest softwood-lumber war against Canada, with the Trump administration announcing its first batch of duties on imported wood in the neighbourhood of 20 per cent. The move was expected: the deep-rooted dispute over lumber pricing between the two countries has led to once-a-decade trade skirmishes …

DTI eyes accreditation of direct selling companies

MANILA–The Department of Trade and Industry (DTI) is eyeing to regulate direct selling companies by allowing to operate only those with accreditation from the agency. DTI Secretary Ramon Lopez said this is a proactive approach of the agency to avoid another pyramiding scam to happen. Lopez noted that direct selling is a legitimate activity, however, …

UK urges PHL to avail of London’s £4.5-B export-import facility

MANILA–Finance Secretary Carlos Dominguez III and United Kingdom’s Secretary of State for International Trade Liam Fox have discussed ways to expand Philippine exports to the UK and how our government can tap UK’s £4.5 billion export-import facility to help source funds for the Duterte administration’s unprecedented public investment program. In their recent meeting, Dominguez took …

Housing, emissions and children: three ways politics touched Canadians this week

OTTAWA—Save for the several thousand pot-smoking protesters who lit up outside the Peace Tower on Thursday, Parliament Hill was an island of quiet this week—even as global forces battered the country’s sense of security. MPs were mainly in their ridings for the Easter break, and several cabinet ministers were south of the border preaching the …

10k jobs available at Labor Day fairs in Central Luzon

MANILA—At least 10,362 job opportunities await thousands of jobseekers in job and business fairs in Central Luzon, which is part of the nationwide activities of the labor department in celebration of the 115th Labor Day. A total of 143 employers and 24 POEA accredited recruitment agencies will participate in the event and will offer around …

DOLE to assist OFWs claim unpaid wages, benefits

MANILA—The government assured a group of overseas Filipino workers (OFWs) who were repatriated from Saudi Arabia of assistance in claiming unpaid wages and benefits from their employers. The assurance was given by Department of Labor and Employment (DOLE) Undersecretary Joel Maglunsod after meeting with a number of Filipinos formerly employed at Mohammad Al-Mojil Group (MMG) …

BSP survey shows unchanged credit standards for enterprise, household loans in Q1 ‘17

MANILA—Credit standards for enterprise and household loans remain unchanged for the 32nd consecutive quarters as of the first quarter of 2017, the Q1 2017 Senior Bank Loan Officers’ Survey (SLOS) showed. The survey result was based on the modal approach, which gets the highest number of responses received from 31 of the 35 senior bank …

SSS launches RACE campaign

MANILA—The state-run Social Security System (SSS) on Thursday mapped about 700 retail stores in Greenhills Shopping Center in San Juan as part of its newly-launched Run After Contribution Evaders (RACE) program on the back of its strengthening efforts against delinquent employers in the country. SSS President and Chief Executive Officer Emmanuel F. Dooc and Social …

Ivanka Trump’s brand ramped up China trademark work in 2016

SHANGHAI — Ivanka Trump’s brand intensified its work in China as her father closed in on the Republican nomination for U.S. president, with her company applying for nearly twice as many trademarks in a five-month span as it had in the preceding eight years. Ivanka Trump Marks LLC applied for 36 trademarks in China between …

PhilCanInqOnline_May2015_REVISED