The Board of Investments (BOI) reported that it approved 155 projects with combined investment pledges of P698 billion in the first half this year for a dramatic 203 percent increase versus the P230 billion in the same period in 2022 with renewable energy projects accounting for the bulk of the new...
Philippine exports registered a modest growth in May, its first positive growth since November last year, outpacing performances of neighboring ASEAN countries, Trade and Industry Secretary Alfredo E. Pascual said. Pascual said that based on data from the Philippine Statistics Authority (PSA) said...
Around $88 million worth of foreign investments are expected to materialize within the year, Trade and Industry Secretary Alfredo Pascual announced. (RTVM Screenshot) "The number that we expect to materialize in 2023 will total around $88 million – maliit pa ‘no (that's still small),"...
The Philippines has received P73-billion in investment leads during a three-week investment roadshow the country participated in across Europe. Department of Trade and Industry (DTI) Secretary Alfredo Pascual said these investment leads were from the renewable energy and infrastructure development...
Not all foreign investment offers to the Philippines will materialize, Trade and Industry Secretary Alfredo Pascual said on Wednesday, July 12. DTI Secretary Alfredo Pascual (RTVM Screenshot) In a Palace briefing, Pascual explained that significant investments take time to implement, while some may...
Trade and Industry Secretary Alfredo E. Pascual has sought the support of State Secretary Udo Philipp of Germany’s Federal Ministry for Economic Affairs and Climate Action (Bundesministerium für Wirtschaft und Klimaschutz (BMWK) for the resumption of the EU-Philippine free trade negotiation. THE...
Univercells, a vaccine manufacturer based headquartered in Belgium, has expressed keen interest in partnering with the Philippines’ Vaccine Self Reliance Program (VSRP) and the development of the Virology Institute of the Philippines (VIP), Trade and Industry Secretary Alfredo E. Pascual...
The Department of Trade and Industry and SAP, world’s leading software development firm based in Germany, discussed potential collaboration in the development of upskilling programs for Philippine small and medium enterprises (SMEs) to access the digital economy. UPSKILLING PH MSME DISCUSSION --...
German business leaders have called for the establishment of new partnerships and new economic alliance with the Philippines, stating that Germany is clearly “underrepresented” in the Philippines with untapped investment opportunities for German companies. GERMAN BUSINESS LEADERS CALL FOR NEW...
Business Connect, a Dutch consulting company focused on setting up startup ecosystems worldwide, is organizing a trade mission to the Philippines in October this year to drum up interest for the country, Trade and Industry Secretary Alfredo E. Pascual announced. Pascual, who is currently leading a...
The Department of Trade and Industry (DTI) has sealed 177,00 pieces of threaded BI-GI steel pipes labeled as fence tubes worth over P110 million following their confiscation in almost all retail establishments in Davao City during a heightened crackdown against substandard steel products....
Trade and Industry (DTI) Secretary Alfredo E. Pascual has urged that Netherlands partner with the Philippines for the aviation industry by encouraging Dutch firms to expand their operations in the country. Pascual led the Roundtable Meeting (RTM) on the Aerospace Sector between the Philippines...
