Many developing economies, including the Philippines, are expected to lose their competitiveness in the United States (US) market once the currently suspended tariffs imposed by the Trump administration are reinstated, according to the United Nations Conference on Trade and Development (UNCTAD)....
The Philippines remains firm in promoting a rules-based multilateral trading system amid recent upheavals in global trade, such as the United States’ (US) new tariff policy, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque served as the country’s delegate at...
The Department of Trade and Industry (DTI) is looking to partner with American technology giant Google to pursue investments aimed at enhancing the country’s digital infrastructure and capabilities. Trade Secretary Cristina Roque met with top officials of Google last week on the sidelines of the...
After years of delays and half-powered commitments, the Philippine energy service company (ESCO) market is finally into high gear—helping energy-intensive businesses cut waste, boost efficiency, and usher them into the fast lane of green tech. And while at it, these energy efficiency frontrunners...
While the transmission of key interest rate cuts to lending rates remains uneven in the Association of Southeast Asian Nations (ASEAN), Japanese investment bank Nomura noted that this connection has massively improved in the Philippines. “Relative to the previous cutting cycle, the pass-through...
The United Nations (UN) on Thursday, May 15, forecast slower global economic growth this year and next, pointing to the impact of the surge in United States (US) tariffs and increasing trade tensions. UN economists also cited the volatile geopolitical landscape and threats of rising production...
Department of National Defense (DND) Secretary Gilberto Teodoro Jr. served as the country’s delegate at the United Nations (UN) Peacekeeping Ministerial in Berlin, Germany where he presented substantial pledges to further support global peace operations. Teodoro delivered the country’s...
Department of Foreign Affairs (DFA) Secretary Enrique Manalo said that both China and the Association of Southeast Asian Nations (ASEAN) are committed to finalize the Code of Conduct (COC) on the South China Sea by next year, but clarified that whether that will be legally binding for all parties...
A ranking official of the United States’ Department of State emphasized the need for the 10-member Association of Southeast Asian Nations (ASEAN) to stand against “aggression from outside parties” and maintain freedom of navigation in the Indo-Pacific region. Flags of ASEAN members...
The Russian government is inviting the Philippines to make a “brief intervention” before the United Nations General Assembly (UNGA) and remind its leadership to remain "impartial" as it elects its new president in June. Russian Ambassador to the Philippines Marat Pavlov gives a lecture...
Amid the ongoing tariff conflict between the United States and China, Chinese Ambassador to the Philippines Huang Xilian urged the Association of Southeast Asian Nations (ASEAN) to be united in addressing “common challenges” and safeguarding its interests and the global economic order. ...
DTI AND ASEAN BAC PH TAKE THE FIRST STEPS FOR AN ASEAN CENTER FOR MSME DEVELOPMENT. In the meeting last April 8, 2025 at the DTI for the planned ASEAN Centre for MSME Development are (from left) ASEAN Business Advisory Council Philippines (ASEAN BAC PH) Executive Director Gil Gonzales Director...
