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Louella Desiderio
Louella Desiderio
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Korean fast food chain Lotteria eyes Philippines launch
by Louella Desiderio - May 25, 2025 - 12:00am
South Korean fast food chain Lotteria is looking to enter the Philippines, according to the Department of Trade and Industry..
‘Investments, innovation key to achieving growth’ potential’
by Louella Desiderio - May 25, 2025 - 12:00am
The Philippines will need to make more investments, encourage innovation and upgrade infrastructure to improve productivity and achieve its growth potential, according to the Department of Economy, Planning and...
Philippines Q2 growth seen at 6%
by Louella Desiderio - May 24, 2025 - 12:00am
The Philippine economy is expected to expand by at least six percent in the second quarter, faster than the previous quarter, supported by infrastructure spending and lower inflation, according to the University...
Biz groups want speedy, merit-based shakeup
by Louella Desiderio - May 23, 2025 - 12:00am
On the heels of President Marcos’ call for the resignation of his top officials, business groups yesterday emphasized the importance of finding competent leaders and announcing new appointments without delay...
Vehicle sales slow down 10% in April
by Louella Desiderio - May 20, 2025 - 12:00am
The automotive industry’s monthly sales declined year-on-year in April, the first time in over three years, as consumers held back on purchases amid market uncertainties.
Mega Prime Foods eyes IPO in 2-3 years
by Louella Desiderio - May 18, 2025 - 12:00am
Canned sardines maker Mega Prime Foods Inc. is preparing for a public listing in two to three years as part of its growth plan.
Global jitters cloud Philippines growth prospects
by Louella Desiderio - May 18, 2025 - 12:00am
It may be too early to let go of the six to eight percent growth target in the medium-term, but adjusting the upper end in the short-term may be possible amid uncertainties in global trade, according to the Department...
Puregold eyes Visayas, Mindanao as focus areas for expansion
by Louella Desiderio - May 17, 2025 - 12:00am
Supermarket chain Puregold Price Club Inc. is looking at Visayas and Mindanao as key areas for its expansion to support micro, small and medium enterprise (MSME) growth and job creation.
Contact center industry still upbeat despite headwinds
by Louella Desiderio - May 17, 2025 - 12:00am
The Contact Center Association of the Philippines (CCAP) is confident of achieving growth even as geopolitical tensions and policy changes in the United States bring challenges.
Philippines to formally submit application to CPTPP
by Louella Desiderio - May 17, 2025 - 12:00am
The Philippines is set to formally submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) within the first semester, according to the Department of Trade...
New World Bank country partnership framework for Philippines out next week
by Louella Desiderio - May 16, 2025 - 12:00am
The World Bank is set to approve next week the new country partnership framework  covering programs it will support in the Philippines in the next six years.
New World Bank country partnership framework for Philippines out next week
by Louella Desiderio - May 16, 2025 - 12:00am
 The World Bank is set to approve next week the new country partnership framework (CPF) covering programs it will support in the Philippines in the next six years. 
Foreign investment pledges drop 82%
by Louella Desiderio - May 16, 2025 - 12:00am
Foreign investment commitments approved by investment promotion agencies  plunged by 82 percent in the first quarter from a year ago as investors took a cautious approach amid global and domestic headwinds...
EU GSP utilization hits record-high 80% in 2024
by Louella Desiderio - May 15, 2025 - 12:00am
The country’s utilization of the European Union  trade preference scheme continued to increase, hitting its highest level last year.
BCDA starts bid process for Mile Hi property in CJH
by Louella Desiderio - May 15, 2025 - 12:00am
State-run Bases and Conversion and Development Authority  has started the competitive challenge process for the lease and redevelopment of the Mile Hi property in Camp John Hay in Baguio City.
DTI seeks feedback on e-commerce trustmark rules
by Louella Desiderio - May 14, 2025 - 12:00am
The Department of Trade and Industry is seeking feedback from stakeholders on draft rules for the planned rollout of an e-commerce trustmark to promote safe and digital trade.
Biz groups push passage of key economic measures
by Louella Desiderio - May 14, 2025 - 12:00am
Business groups are urging the incoming Congress to approve key economic measures including the Magna Carta for Micro, Small and Medium Enterprises to promote the country’s competitiveness and enable businesses...
DTI eyes business collab with Swiss Chamber
by Louella Desiderio - May 14, 2025 - 12:00am
The Department of Trade and Industry is looking to collaborate with the Swiss Chamber of Commerce to promote manufacturing investments and undertake efforts to develop a future-ready Filipino workforce.
Retailers push for de minimis removal, gradual reforms
by Louella Desiderio - May 12, 2025 - 12:00am
The Philippine Retailers Association (PRA), which is pushing for the removal of the de minimis rule on low value goods, is proposing gradual reforms including lowering the threshold or limiting its usage to ensure...
Exporters raise concerns, seek more government support
by Louella Desiderio - May 11, 2025 - 12:00am
he country’s export industries are seeking more government support as they navigate the uncertainty brought by the United States reciprocal tariffs on trade partners.
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