Transport sector, SE Asia to dominate APEC energy demand through 2050—report

Accounting for 57% of energy demand in 2016, the Asia-Pacific Economic Cooperation (APEC) region is expected to see a 21% rise in demand over…

FTAs giving intra-APEC trade a big boost

Trade among Asia-Pacific Economic Cooperation (APEC) member countries has increased by more than 170% over a 16-year period, spurred by regional trade agreements (RTAs)…

APEC intensifies customs checks against timber smuggling

Asia-Pacific Economic Cooperation (APEC) member economies are strengthening cooperation in customs control of illegal trade in timber and timber products sourced from the region.…

Program to ease regulatory burden of 5 key PH industries progressing well, says DAP 

The Development Academy of the Philippines (DAP) is gearing to implement its first batch of recommendations that seeks to reduce the regulatory burden of…

Russia eyes $2.5B imports from PH in 2017

The Russian government has committed to increase significantly its imports from the Philippines to more than US$2 billion from $46 million and came up…

APEC fora seek softer approach to open trade, regional integration

A more low-key approach to advancing the notions of free trade and regional economic integration, including the creation of a Free Trade Area of…

APEC study highlights new areas for further lowering trade costs

The Philippines stands to benefit from finding new ways to further cut its cost of trading goods, as this can help make it a…

APEC outlines plans for greater supply chain connectivity

While acknowledging advances made to improve supply chain connectivity, Asia-Pacific Economic Cooperation (APEC) trade ministers believe more steps can be taken to tighten linkages…

PH to bat for services development roadmap at APEC meeting in Peru

A long-term competitiveness roadmap on services for the region is on top of the Philippine delegation agenda to the first Asia-Pacific Economic Cooperation (APEC)…

Esguerra named acting NEDA chief, socioeconomic planning secretary

Dr Emmanuel F. Esguerra, deputy director general of the National Economic and Development Authority (NEDA), has been officially appointed by President Benigno Aquino III…

APEC member nations reveal extent of tariff reductions done on green goods

Member economies of the Asia-Pacific Economic Cooperation (APEC) have finally published details of how they are fully implementing tariff reductions on more than 50…

MMDA adopts truck ban for South route from Nov 17-20

The Metropolitan Manila Development Authority (MMDA) will temporarily implement a modified truck ban along the South route from November 17 to 20 to give…

APEC transport leaders identify safety, security as top regional transport goals

Transportation ministers (TMs) who attended the recent 9th Asia-Pacific Economic Cooperation Transportation Ministerial Meeting (TMM) held in Cebu urged member economies to improve further…

Facilitating services trade a key APEC agenda

Trade in services is being given special focus in this year’s regional economic integration efforts, according to National Economic and Development Authority (NEDA) deputy…

PH joins APEC initiative to develop skills of logistics professionals

Australia is working with the Philippines, China, Indonesia and Vietnam to develop regional occupational standards for core skills in the transport and logistics industry…

Aquino cuts tariff rates on imports promoting green growth

President Benigno Aquino III has issued an executive order modifying tariff rates on certain imported products, particularly goods that support green initiatives, as part…

PH shipping lines craft industry roadmap

The domestic shipping sector is crafting a 20-year maritime roadmap to help guide Philippine policy makers, according to Doris Magsaysay-Ho, chief executive officer and president…

APEC on target for open trade and investment by 2020—ministers

Government officials from the Asia-Pacific Economic Cooperation (APEC) called for fostering a more resilient Asia-Pacific as they reiterated their commitment to a free and…

APEC economies urged to adapt to new business realities

Amid the global economic uncertainty, Asia-Pacific Economic Cooperation (APEC) economies should continue deepening economic integration for resilience and sustained growth even as they should…

Asean Plus 3 endorse pacts boosting 15 years of cooperation

The ASEAN Plus Three (APT) Leaders Summit held November 19 adopted two documents that enhance cooperation between the Association of Southeast Asian Nations and…