State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product
Among the main trading partners of the Philippines, China posted the fastest growth in importing Philippine merchandise in November last year, although it remained as the country's third largest export market, after Japan and the United ...
Tags: Philippine Exports, export market
Philippines-based corrugated packaging materials manufacturer Steniel Manufacturing has divested its subsidiary, the Steniel Mindanao Packaging. The company sold 9.25 million common shares in the division to Greenkraft, Corbox, ...
Tags: packaging materials, packaging
San Miguel Pure Foods (SMPFC), the food division of Philippine conglomerate San Miguel, has selected IBM to help transform its IT organization and become a smarter enterprise. Under the five-year deal, IBM will optimize SMPFC's IT ...
Tags: San Miguel, Pure Foods
The Yokohama Rubber Co. Ltd. and its overseas group companies have made donations to the Red Cross in their respective countries to support that organization's efforts to aid victims of the devastating typhoon that struck the Philippines in ...
Tags: tire, tyre, Auto Parts
Otto Energy Limited ("Otto") (ASX: OEL) has executed a letter of intent with BHP Billiton Petroleum (Philippines) Corporation (BHPB) (ASX: BHP), proposing to terminate the farm-out agreement between the two parties over Service Contract 55 ...
Tags: Metallurgy, Mineral, Energy
The American Logistics Aid Network is working to coordinate logistics for an emergency response to Typhoon Haiyan. On November 7th, the typhoon made landfall in the Philippines and became one of the largest and deadliest storms ever ...
Tags: ALAN, Philippines, Typhoon, Haiyan
Otto Energy Limited ("Otto") (ASX: OEL) has been verbally advised by BHP Billiton Petroleum (Philippines) Corporation (BHPB) (ASX: BHP), the Operator of Service Contract 55 (SC55) offshore the Philippines, that it has decided not to ...
Tags: Otto Energy, Energy
The Philippine Department of Agriculture (DA) has opened Agri-Pinoy Tobacco Farmers Food Processing and Trading Center in Narvacan, Ilocos Sur. The PHP165m ($3.82m) food processing center produces meat products, including bagnet, ...
Tags: Food Processing
The Black Eyed Peas truly lit up the stage at the historic three night stand at the Stade de France that marked the start of their last World Tour. The shows took place in the three times sold out 80,000 capacity stadium, in the suitably ...
Philippine conglomerate San Miguel is looking at options to sell about 25% stake in its food business, San Miguel Pure Foods until 2014, in an effort to raise funds for expansion of the group’s operations. San Miguel president Ramon ...
Tags: Food Unit, San Miguel
The Luan plywood has actually originated from the species of the genus Shorea, it's some group of woods growing in the United States. Philippine mahogany is another name given to it, which happens to be an average (medium) density type of ...
Tags: Plywood
Philippines’ abaca output has dipped to 35,060 tons, registering a decline of 5.5 percent during the first half of 2013, compared to 37,120 tons recorded during same period last year, according to data from the Bureau of Agricultural ...
Tags: Abaca Output, Textile
The Foreign Buyers Association of the Philippines (FOBAP) is seeking financial help from the Government to fund three projects aimed at revival of the domestic garment industry. According to FOBAP President Robert M. Young, through ...
Tags: Garment Sector, Apparel
COMING soon to a Lock & Lock store near you: Hello Kitty containers A South Korean brand specializing on food storage aims to grow its product line this year with the addition of glass food containers and a much wider range of specialty ...