INCOMING Trade Secretary Alfredo E. Pascual said his focus will be to promote the economy’s digital transformation, adding that he expects to redirect the effort to attract FDI towards technology industries, particularly data centers.
INCOMING Trade Secretary Alfredo E. Pascual said his focus will be to promote the economy’s
“Government agencies like DTI that do both regulation and development work will be more efficient and effective ,” he added. “Most of those… are actually in frontline businesses like restaurants, tourism, entertainment. We’ll see whether a recovery package is in order. I have to look closely at the situation before deciding on this. But there are tools that we can use… It’s a matter of matching the need with the right instrument,” Mr. Pascual said.
Ceferino S. Rodolfo, Trade Undersecretary and Board of Investments managing head, said that the SIPP will help the economic recovery continue.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
SEC flags Multi Fortune Stake’s investment scheme - BusinessWorld OnlineThe Securities and Exchange Commission (SEC) has warned the public about Multi Fortune Stake for soliciting investments without registration and for operating a “Ponzi-like” investment scheme. READ:
Baca lebih lajut »
PHL sees investment opportunities as world turns greener - BusinessWorld OnlineThe Philippines is counting on the world’s shift to green technology and the pandemic-induced demand for data centers to boost investments in its mining industry, a top official said. READ:
Baca lebih lajut »
Alsons sets focus on two hydro facilities in 2022 - BusinessWorld OnlineAlsons Consolidated Resources, Inc. (ACR), said in a disclosure on Monday that it will be focusing on advancing the development of two hydroelectric power projects in the Zamboanga Peninsula and Negros Occidental this year. READ:
Baca lebih lajut »
China not seen sharing EV tech, likely to expand mining presence - BusinessWorld OnlineTHE PHILIPPINES will be an important market for China’s electric vehicle (e-vehicle) industry via exports of complete units, with no prospect for domestic manufacturing, though greater involvement in the Philippine minerals industry is likely, analysts said.
Baca lebih lajut »
Zero-COVID, big money: China’s anti-virus spending boosts medical, tech, construction - BusinessWorld OnlineBEIJING — China’s “zero-COVID” (coronavirus disease) policy of constantly monitoring, testing, and isolating its citizens to prevent the spread of the coronavirus has battered much of the country’s economy, but it has created bubbles of growth in the medical, technology, and construction sectors. The Chinese government, alone among major countries in vowing to eradicate the […]
Baca lebih lajut »
Venice has a 400-year-old COVID monetary lesson - BusinessWorld OnlineWe don’t talk much about helicopter money anymore. After a debate that raged through the early days of the pandemic, it’s all but fallen off the map as a topic.
Baca lebih lajut »