• 30 July 2015
MAKATI CITY, July 30 --  The World Trade Organization (WTO) has eliminated the tariffs on a total of 201 products being manufactured under the information technology sector. The abolishment follows an accord reached by 54 WTO members last July 18, and was confirmed in a meeting held last July 24 at the WTO headquarters in Geneva, Switzerland. Officials of the Department of Trade and Industry hailed the accord, which they said will greatly benefit the Philippines, Trade of IT products have been pegged at a hefty US$1.3 trillion, according to DTI Undersecretary Adrian Cristobal. “Philippine trade of these products in 2013 amounted to US$ 26Billion, with exports reaching more than US$14 billion,” he said.  Among the products covered under this accord are new generation semiconductors, static converters, video games, and parts of automated electronic component machines of which the Philippines happens to be part of the regional and global production chains. The Philippine electronics sector stands to benefit from this Agreement in terms of increase in market access on their export products due to elimination of tariffs on targeted export markets such as USA, Japan, EU, Korea, ...Read more

Palace says it never wavered in pushing for Freedom of Information Bill

 CENTRAL  30 July 2015
MANILA, July 30 --Malacañang remains committed to pursue the passage of the Freedom of Information (FOI) Bill to achieve more transparency in the bureaucracy, a Palace official has said. President Benigno S. Aquino III has been criticized for failing to mention the FOI Bill during his State of the ...Read more

Afghanistan learns from PH experience in peace talks

 CENTRAL  30 July 2015
MANILA , July 30 -- The Philippines will provide technical assistance to Afghanistan in its own peace talks with its local Islamic rebel group Taliban by sharing lessons of its own peace process, primarily in its successful peace talks with the Moro Islamic Liberation Front (MILF). A delegation fro ...Read more