Trade and Industry Secretary Alfredo E. Pascual warned that EU exports to the Philippines will be “competitively disadvantaged” due to the continuing delays in the EU-Philippines bilateral free trade agreement (FTA). Pascual tried to drive home this point during the European Chamber of Commerce...
Majority or 21 out of total 34 investment pledges signed during the recent official visit of President Ferdinand R. Marcos Jr. to Japan are expected to materialize within three years, according to the Department of Trade and Industry (DTI). DTI Secretary Alfredo E. Pascual described the prospects...
The revival of the most popular utility vehicle model -Tamaraw- in the Philippines by Toyota Motors is expected to spur various industry opportunities, as the new-generation Tamaraw will offer flexibility and linkages with local automotive body builders to customize the needs of customers. Trade...
Farmer groups maintain their opposition against the Regional Comprehensive Economic Cooperation (RCEP) as Senate resumes its deliberations Tuesday, Feb. 7, with the executive branch strongly pushing for the country’s participation in the mega trade deal. Already, top officials of the Department...
With his confirmation as Trade and Industry Secretary, Alfredo E. Pascual unraveled himself to the public as someone from among the ordinary DTI stakeholders -- consumers and traders -- contrary to the “snooty” impression when he first stepped into the agency’s premises. The white-haired...
Trade and Industry Secretary Fred Pascual visited the MRO facility of Lufthansa Technik Philippines (LTP) on Jan. 30, 2023 to welcome the arrival of the first reactivated Lufthansa A380 at the LTP MRO facility in Villamor Airbase. The Lufthansa Aircraft that arrived in the country from Frankfurt,...
An estimated P1.031 trillion worth of foreign investments in renewable projects are expected to pour into the Philippines, Trade and Industry Secretary Alfredo E. Pascual announced. In a statement, Pascual said that the biggest of these projects is the P360-billion (€6 billion) offshore wind...
Amid rising prices of goods, the Department of Trade and Industry (DTI) said they are still studying petitions by manufacturers for price increase on basic necessities and prime commodities (BNPCs) to balance the interest of business and consumers. In a statement, DTI Secretary Alfredo E. Pascual...
The Department of Trade and Industry (DTI) is studying whether or not a tax or a ban on raw nickel exports should be imposed to support the government’s effort to develop the local nickel industry and participate in the bustling electric vehicle battery supply chain. DTI Secretary Alfredo E....
The National Price Coordinating Council (NPCC), which is chaired by the Department of Trade and Industry (DTI), is looking at “legal actions” among possible solutions to soaring prices of onion in the country to protect consumers and improve supply. This developed after DTI Secretary Alfredo E....
Trade and Industry Secretary Alfredo E. Pascual said the Philippines is in the process of ratifying the Agreement on Fisheries Subsidies emphasizing that one of the priorities of the Marcos administration is to advance agriculture negotiations. Pascual made this commitment on the last day of the...
The Department of Trade and Industry (DTI) is pushing for the building of local road infrastructure that connects food production hubs, economic zones, and logistics to promote more inclusive growth opportunities in the regions. Trade and Industry Secretary Alfredo E. Pascual told members of the...
