The Philippine Exporters Confederation Inc. (Philexport) has expressed strong support for proposed amendments to the Magna Carta for micro, small, and medium enterprises (MSMEs), while stressing that reforms must deliver concrete benefits such as improved access to financing and more favorable loan...
The Department of Trade and Industry (DTI) secured a commitment from the country’s largest manufacturers and retailers to freeze prices on essential goods through mid-April to insulate households from the inflationary fallout of escalating tensions in the Middle East. In a statement late...
The Philippines’ goods trade with the rest of the world grew faster in February, ahead of the conflict in the Middle East posing a threat to the country’s exports. The latest preliminary Philippine Statistics Authority (PSA) data on Friday, March 27, showed that total external trade rose 10.7...
The government is now one step away from imposing a price ceiling of ₱50 per kilo on imported rice after the proposed policy received the recommendation of the interagency National Price Coordinating Council (NPCC). In a statement on Thursday, March 26, NPCC said it is adopting the Department of...
Vietnamese electric vehicle (EV) ride-hailing firm Green and Smart Mobility (GSM), operating as Green GSM in the Philippines, is planning a major expansion in the country to take advantage of rising demand for transport services as fuel prices soar, the Department of Trade and Industry (DTI) said....
The Jollibee Group has formally opened in Danao City its largest commissary outside of Luzon, designed to expand its manufacturing and logistics footprint across the rapidly growing VisMin region and the wider Philippines. The state-of-the-art facility facility is the fourth—and...
The Philippines will aim to deliver a strong performance in Indusfood 2026, presenting four capable enterprises with healthy, premium-quality products to the Indian market. With support from the Department of Trade and Industry-Center for International Trade Expositions and Missions (DTI-CITEM),...
There’s no better word to describe the trade environment this year than uncertainty, as the country endured a slew of changes and setbacks, particularly due to the policies of the United States (US), its closest ally and largest trading partner. It is no surprise that when US President Donald...
The Department of Trade and Industry (DTI) has filed formal charges against eight of the 15 contractors who amassed 20 percent of the ₱545-billion budget for flood control projects since President Marcos assumed office in 2022. The DTI, citing its regulatory authority, said it has filed charges...
After facing backlash from online merchants, the Department of Trade and Industry (DTI) will no longer mandate the E-Commerce Philippine Trustmark, instead making the requirement voluntary until the end of the year. In a statement, the DTI said the move was announced by Trade Secretary Cristina...
The Department of Trade and Industry (DTI) will impose a temporary safeguard duty of ₱349 per metric ton (MT) on two varieties of cement imports to protect the local industry following the recommendation of the Tariff Commission (TC). Trade Secretary Cristina Roque announced late Tuesday, Oct....
The Department of Trade and Industry (DTI) is moving to prohibit the manufacture, importation, distribution, and retail sale of vape open pods and uncertified e-liquids in the domestic market, citing health and safety risks. In a statement on Thursday, Oct. 9, DTI said the agency is intensifying...
