The Marcos administration has secured a commitment from Indian infrastructure giant GMR Group to develop the Sangley Point International Airport (SPIA) in Cavite to help decongest the Ninoy Aquino International Airport (NAIA) and improve regional connectivity. According to a statement from the...
The Department of Trade and Industry (DTI) has issued new guidelines to strengthen regulations on vape products, cracking down on flavor descriptors that could entice children and reinforcing import policies. The DTI announced in a social media post on Friday, Aug. 8, that it has issued new...
The Philippines will commit to addressing non-tariff barriers on imports from the United States (US) as part of a reciprocal trade agreement that will see Manila pay a tariff rate of 19 percent on its US-bound goods. Similar to reciprocal trade deals the US has so far announced, Department of Trade...
The Philippines is working to conclude negotiations for its free trade agreement (FTA) with Chile this year, following a successful first round of talks. Department of Trade and Industry (DTI) Undersecretary Allan Gepty said that after a productive round of negotiations, both countries are now on...
The Philippines is exploring a free trade agreement (FTA) with Israel in a bid to expand both countries’ trade relationship, currently valued at over $400 million, according to the Department of Trade and Industry (DTI). DTI Secretary Cristina Roque announced at the conclusion of the first...
The Philippines expects negotiations for a free trade agreement (FTA) with the European Union (EU) to conclude next year, as the government seeks to open new markets for its goods and services. Department of Trade and Industry (DTI) Secretary Cristina Roque stated that the FTA with the 27-member...
The Philippine government remains optimistic about a potential reduction in the tariffs threatened by the United States (US) against the country’s imports, although it will no longer offer additional concessions, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque...
The Department of Trade and Industry (DTI) stated that prices of basic necessities and prime commodities remain stable despite the onslaught of three successive tropical storms and the southwest monsoon. In a statement on Thursday, July 24, DTI Secretary Cristina Roque said the agency has...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
Department of Trade and Industry (DTI) Secretary Cristina Roque dismissed a document circulating on social media as fake that allegedly outlined the Philippines’ concessions to secure a trade agreement with the United States (US). “I want to inform the general public that I did not issue such...
The Philippines and the European Union (EU) are seeking to expedite the conclusion of negotiations for a free trade agreement (FTA) amid uncertainties in global trade, with the next round of talks scheduled for October in Manila. Department of Trade and Industry (DTI) Undersecretary Allan Gepty,...
Cement manufacturer Taiheiyo Cement Philippines Inc. (TCPI) said it is on track to open its ₱3.72-billion Batangas cement terminal by early 2026, which is expected to meet the growing demand for high-quality cement in Luzon. In a statement released on Thursday, July 17, the Department of Trade...
