Trade and Industry Secretary Alfredo E. Pascual has met in Switzerland major companies -- Coursera, Chevron, Astranis, and She Loves Tech, which have expressed strong business interests in the Philippines. Pascual is part of Philippine Delegation of President Ferdinand Marcos Jr. at the 53rd...
The Philippines, which suffers huge trade deficit against China, has the potential to expand exports by an additional $14.1 billion in the next few years from the current $11.55 billion level as it courts Chinese manufacturers, particularly in steel, green metals, electric vehicles, agriculture and...
The Department of Trade and Industry (DTI) reported an all-time high business name (BN) registration in 2022 at 932,097, surpassing the previous record at 916,164 in 2020. According to the DTI, there were 827,491 new BNs registered this year accounting for 88.8 percent of overall registrations....
Aside from the EU and the US, the Department of Trade and Industry will pursue discussions for bilateral free trade agreements (FTAs) with Latin American countries Chile, Mexico, Brazil, and Argentina to widen the reach of Philippine exports. Trad and Industry Secretary Alfredo E. Pascual told...
Go Negosyo founder Joey Concepcion has lauded Trade Secretary Alfredo Pascual for his support to the country’s micro, small and medium enterprises (MSMEs) and his role in promoting public-private sector partnerships and investments that promise more jobs for Filipinos. Go Negosyo founder Joey...
Confusion reigned again over the leadership at the Philippine Economic Zone Authority (PEZA). Early on Wednesday, Dec. 14, designated PEZA OIC Deputy Director General Tereso O. Panga forwarded his message to PEZA personnel to beat reporters informing them of his replacement. “The Secretary (DTI...
Trade Secretary Alfredo Pascual said he will investigate and address the complaints of some employees at the Philippine Economic Zone Authority, (PEZA) whose services were allegedly unfairly terminated, placed on floating status, or demoted. During his confirmation hearing at the Commission on...
Trade and Industry Secretary Alfredo E. Pascual has called for industry development as he joined Filipino exporters in raising alarm on the need for breakthroughs amid the country’s slow export performance versus its competitors in the region. In a keynote address during the 2022 National Export...
Trade and Industry Secretary Alfredo E. Pascual has signed the Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 11904, otherwise known as the Philippine Creative Industries Development Act (PCIDA), boosting the domestic creative industries’ development to achieve its full...
Trade and Industry Secretary Alfredo E. Pascual expects EU companies, particularly German-owned, to tap the Euro300-billion EU Global Gateway Fund to participate in the Philippines’ infrastructure projects under the Private Public Partnership (PPP) arrangement. Pascual raised this opportunity in...
Trade and Industry Secretary Alfredo E. Pascual said local producers will not only be given the token “margin of preference” but a “first crack” in government procurements as agencies will be required to source locally available supplies. Pascual said this as DTI is set to launch in the...
Trade and Industry Secretary Alfredo E. Pascual has hinted of a likely increase in the suggested retail prices (SRP) on basic necessities and prime commodities (BNPCs). In a radio interview, Pascual said the agency expects that 25 percent of requests for price adjustments may be granted at...
