The Philippines Contractors Association, or PCA, is a non-profit organization that was founded in 1956 with the aim of promoting and improving the construction industry in the Philippines. The PCA is made up of contractors, subcontractors, suppliers, and construction professionals who work together to create a better business environment for the industry in the…

Agreement for Operation and Maintenance: What You Need to Know If you are in the business of owning and operating machinery or infrastructure such as a power plant, a water treatment plant, or a highway, you may need to enter into an agreement for operation and maintenance with a third party. This agreement defines…

As the global economy grapples with the effects of the ongoing COVID-19 pandemic, businesses are facing unprecedented financial challenges. Many companies have been forced to shut down temporarily, leading to a significant reduction in their revenue streams. As a result, they are finding it increasingly difficult to repay their debts, leading to the need…

General Agreement: What Does It Mean and Why Is It Important? When it comes to written communication, one key aspect that ensures clarity and understanding is agreement. In general, agreement refers to the grammatical match between two or more words or phrases in a sentence. This means that the words must be consistent in…

India-Korea Economic Partnership Agreement: Exploring Trade Prospects for the Future India and South Korea have a long-standing diplomatic and trade relationship that dates back to 1973. Over the years, both countries have been actively engaged in strengthening their economic ties. In this regard, the India-Korea Comprehensive Economic Partnership Agreement (IKCEPA) was signed in 2009…