Priority Industry Clusters Trumps 2015 Targets

The six National Priority Industry Clusters of the Philippine Department of Trade and Industry – Regional Operations Group (DTI-ROG) surpassed its 2015 annual targets for investments by 157% and domestic sales by 177% by posting a total of P3.317 billion of investments and P4.532 billion domestic sales. 

Likewise, it also surpassed its 2015 targets for jobs generated by 139%, micro, small and medium enterprises (MSMEs) created and assisted by 110% and 157%, respectively. 

Australia Supports Hague In South China Decision

The Australian government showed its strong support for the final decision on the Philippines’ South China Sea arbitration case in a statement issued after the Arbitration Tribunal in The Hague announced its rejection of China's claims in 12 July.

“We urge both parties to respect the outcome of the decision. It is final, it is binding,” said Minister for Foreign Affairs Julie Bishop.

Prior to the decision, the Financial Review published an opinion piece by Philippine Ambassador Minda Calaguian-Cruz, which follows:

Duterte Calls On Miners To “Shape Up”

Environment and mining groups have voiced support for president-elect Rodrigo Duterte’s call for mining companies to “shape up.” 

For a country with a rich biodiversity and island ecosystems profile like the Philippines, there is no place for illegal miners and destructive mining practices, said Ysan Castillo, secretary general of Philippine Business for Environmental Stewardship (PBEST).

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