Electronics top exports in August Business Mirror October 19, 2016 ELECTRONIC products remained the country’s top exports as the sector grew by 11.6 percent, from $2.359 billion in August 2015 to $2.633 billion, accounting for 53.7 percent of the total export revenues in August 2016, the most recent export...

Trade chief: Tourism helps MSMEs grow Business Mirror October 19, 2016 PASAY CITY—Trade Secretary Ramon M. Lopez expressed strong support for the development of the Philippine tourism industry during the 42nd Philippine Business Conference and Expo on October 13. “We would like to push for tourism because it is...

Sydney Harbor Tall Ships to open call center in PHL’ Business Mirror October 19, 2016 SYDNEY, Australia—The Department of Trade and Industry (DTI) welcomes Australia’s Sydney Harbor (SH) Tall Ships, a company operating cruises and private charters in Sydney Harbor as it opens  its call center in the Philippines....

EDC opposes proposed Excise Tax on Sugar Sweetened Beverages Export Development Council News October 18, 2016  The Export Development Council (EDC) expresses its reservation to House Bill No. 292 “An Act Imposing Excise Tax on Sugar Sweetened Beverages (SSBs)” which seeks to levy, assess and collect an excise tax...

BIR reduces requirements for TIN application Export Development Council News October 18, 2016  The Bureau of Internal Revenue (BIR) reduces its documentary requirements for the application for Tax Identification Number under Revenue Memorandum Circular (RMC) No. 93-2016 issued last 2 September 2016. This circular covers applications of self-employed individuals,...