The Department of Trade and Industry (DTI) has urged local exporters to begin testing their food products for mineral oil aromatic hydrocarbons (MOAH), warning that a proposed European Union (EU) policy could block their entry into the region. In a statement, the DTI notified food exporters of a...
The global oil price and supply shock caused by the war in the Middle East may reverse early 2026 gains by Philippine exporters, according to think tank Oxford Economics. In a report on Monday, March 30, Oxford Economics senior economist Sheana Yue said that while Asian goods exports started 2026...
The Philippines joined 33 other economies in calling for the much-needed revival of the trade dispute settlement system within the World Trade Organization (WTO), in a bid to uphold rules-based stability amid deep uncertainty for global trade. In a joint statement over the weekend, member economies...
Domestic trade in the Philippines continued to grow across water and air transport systems in 2025, with an even higher volume and value now recorded through road transport, which the Philippine Statistics Authority (PSA) tracked for the first time last year. The PSA reported on Monday, March 30,...
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....
DAVAO CITY – Women entrepreneurs gathered at SM Lanang Premier here as the Women’s Business Council Philippines opened the Women’s Strong Network Hybrid Trade Fair, the first in the Davao region, on Thursday, March 12. The three-day trade fair, organized by WomenBizPH with the Department of...
The EU-ASEAN Business Council (EU-ABC) is seeking stronger regional measures against illicit trade, saying the Philippines’ 2026 ASEAN Chairship presents an opportunity to solidify support among member countries. In a report titled "Driving ASEAN Action Against Illicit Trade" submitted to the...
Net inflows of foreign direct investment (FDI) last year were down two percent in developing economies, including the Philippines, as a growing shift toward capital-intensive projects is making it harder for these countries to compete with developed economies. Based on data from the United Nations...
