ECONOMY

World economy to contract by at least 6% in 2020

FDI flows in PHL down by 24%, to worsen in 2020 with COVID-19

The global economy will contract at least 6% in 2020 due to economic shutdowns to contain the coronavirus outbreak, according to the OECD...

Foreign Direct Investments (FDIs) that flowed into the Philippines in 2019 declined by more than 24% to USD4.99B and are seen to worsen this...

Inflation rate in May slows down to 2.1%

E-Commerce seen to sustain PH economy, drive growth

Year-on-year (YoY) headline inflation eased down to 2.1% in May from 2.2% in April as most key food items posted...

Efficient and affordable e-commerce can help sustain economic activities and drive growth as the country transitions to...

M.I.C.E.

Alibaba holds first online trade show

UFI Global Congress 2020 to showcase "Resilience"

Alibaba launched its first online trade show where Chinese suppliers sold products via livestream to international wholesalers. Over 6000 cross-border B2B livestreams and...

The Global Association for the Exhibition Industry (UFI) recently launched the theme of "Resilience" for this year's UFI Global Congress, which aims to globalize and maximize...

Global airline industry losses now at $84.3B

Tax incentives approved for tourism enterprises

The global airline industry is expected to lose $84.3B in 2020, with revenues falling by 50% from 2019, making it the worst year financially in the history of aviation...

The Board of Investment (BOI) recently approved tax incentives for tourism enterprises that are currently modernizing or upgrading their facilities for safety and health purposes and ...

TRADE & INDUSTRY

Local farmers, fishers earn P5.8B via direct-selling and Kadiwa stores

PH still world's 2nd largest exporter of pineapples

More than 15,000 local farmers and fishers have earned P5.8B from selling their produce directly to LGUs and through the government 750 Kadiwa outlets and...

The Philippines remains the 2nd largest exporter of fresh pineapples with shipments totaling up to over 600,000 metric tons in 2019, representing an increase...

PH foreign trade plunges to lowest level in April

Gross Revenues of key industries decline by 4.9% in Q1 2020

The Philippines' total foreign trade dropped to its fastest pace in April amid a global recession worsened by a stringent and prolonged national lockdown that paralyzed 75%...

The gross revenue of the country's key industries declined by 4.9% in Q1 2020, with Mining and Quarrying declining the most by 22.7%, followed by Manufacturing with 13.2%, and by...

TRENDS

Sustainability trends that will shape the 2020s

Content Marketing trends that will dominate 2020

Over 100 eco-minded business leaders in the world identified sustainability trends that will shape the next decade-from renewable energy...

In 2020, content marketing will become even more important and content creation and distribution will change radically, but top 10 content marketing trends that we should...

Top furniture trends to expect in 2020

Pinterest Top 100 trends for 2020

New habits, and lifestyles are continuing to change the way people work and play this year including tastes in furniture as consumers continue to clamor for more...

Pinterest recently released Pinterest100's list of 100 trending searches to serve as guide to what people want to try next. Discover 100 trending searches from all over the world...

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