Trade and Industry Secretary Alfredo E. Pascual has sought cooperation with Netherlands on semiconductor and high-technology, agri-food processing, and infrastructure to enhance bilateral trade relations between the two countries. Department of Trade and Industry Secretary Alfredo E. Pascual and...
A top ranking official of the EU Parliament has recognized the good progress in the Philippines’ good governance, labor, human rights, and environment – areas that are crucial in the country’s continued privileges under the EU Generalized Scheme of Preferences Plus (GSP+), which allows the...
The European Investment Bank (EIB), the largest multilateral financial institution globally owned by 27-EU member states, has expressed a strong interest in participating in several key projects of the Philippines, including digital connectivity, public transport, green economy, renewable energy,...
The Philippines has asked France’s support for the renewal of the country's status in the EU Generalized System of Preferences (GSP) Plus where the country’s roughly 6,000 tariiff lines (export items) enjoy zero duty privilege upon entry in EU markets. PHILIPPINES SEEKING FRANCE'S SUPPORT FOR...
For the first time since the Covid-19 lockdown, the Philippines will hold a high-profile investment roadshows in Europe to drum up investor interest in the country, particularly in priority sectors such as manufacturing and research and development (R&D), higher value Services, and renewable...
Trade and Industry Secretary Alfredo E. Pascual ordered the immediate destruction of an estimated P18.8 million worth of sub-standard steel bars to ensure safety of this critical construction material. The sub-standard deformed steel bars were produced in the local steel mill located in Laguna and...
Exporters are strongly urging the government to double the budget of the Department of Trade and Industry (DTI) to P10 billion to boost support and development of the country’s exports sector as they grumbled about the “tokens” and “lip service” given to the sector, which targets to...
Trade and Industry Secretary Alfredo E. Pascual expressed confidence the country’s free trade agreement (FTA) with South Korea will be signed within the year. Pascual told reporters covering the Philippine Retailers Association (PRA) Outstanding Filipino Awards Night last week that the text of...
Trade and Industry (DTI) Secretary Alfredo E. Pascual has ordered two big e-commerce platforms to explain consumer complaints about deceptive, unfair, fraudulent, and unconscionable online sales practices. Except for the terms “two big e-commerce” platforms, Pascual did not divulge the names of...
The Philippines has requested Japan to consider enhanced market access for cavendish bananas in exchange for Japan’s interest for market access of its automotive products. Trade and Industry Secretary Alfredo E. Pascual and Minister Yasutoshi Nishimura of Japan’s Ministry of Economy, Trade, and...
A development plan that would help the "laggard" Philippines improve its export performance has been approved by President Ferdinand "Bongbong" Marcos Jr. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of KJ Rosales/PPA Pool) Trade Secretary Alfredo Pascual announced that Marcos has...
Trade and Industry Secretary Alfredo E. Pascual said manufacturers, whose raw materials are sourced from members of the Regional Comprehensive Economic Partnership (RCEP) countries, are expected to experience reduced cost, but he also hastened to add that the impact on consumer prices will largely...
