The Philippines’ balance of payments (BOP) swung to a $1.47-billion deficit in July, reversing the $3.4-billion surplus recorded in June, as the country’s foreign exchange (forex) reserves fell to their lowest level in 18 months. The July deficit brought the cumulative BOP shortfall to $5.35...
The next great Filipino brand may be closer than you think. Behind every handcrafted accessory, woven textile, artisanal delicacy, sustainable fashion piece, and proudly Filipino product is a woman who dared to turn an idea into a business. Some are preserving generations of Filipino craftsmanship....
The Philippines and Germany are exploring potential investment opportunities in high-upside areas such as the Luzon Economic Corridor (LEC) initiative, according to the Department of Trade and Industry (DTI). In a social media post, the DTI said several priority and prospective areas of cooperation...
Driven by robust demand for MICE events, SMX Convention Centers, the conferences and exhibitions arm of SM Prime Holdings, Inc., posted strong first-half results in 2026, welcoming 4.3 million visitors across its footprint. This represents an 18 percent year-on-year surge compared to the 3.6...
The Philippines and Chile are seeking to deepen bilateral relations as the two Pacific nations mark 80 years of diplomatic ties, with trade, investment, maritime cooperation, and tourism among the areas identified for closer collaboration. In statements issued on Friday, August 14, the Department...
The Philippines is looking to accelerate foreign capital inflows through the inaugural investment forum for the Luzon Economic Corridor (LEC), which will showcase key opportunities, including the proposed Pax Silica artificial intelligence (AI) hub. In a statement, the United States Trade and...
The Kadayawan Festival kicked off its month-long celebration of thanksgiving for a bountiful harvest and honoring indigenous traditions of Mindanao with the big KadayaOne sale and the Floriculture and Agri Trade Fair, which runs through the whole month of August. The grand opening ceremony,...
The Philippines is exploring potential areas for deeper cooperation with New Zealand, as both countries reaffirmed their commitment to increase bilateral trade by 50 percent by 2030. In a statement on Wednesday, Aug. 12, the Department of Trade and Industry (DTI) said Philippine and New Zealand...
The Department of Trade and Industry (DTI) is looking into the implementation of a mandatory certification scheme for certain aluminum products to promote compliance with the necessary quality and safety requirements. Under a draft department administrative order (DAO), the DTI is proposing a...
The Department of Trade and Industry (DTI) has partnered with Converge ICT Solutions Inc. to launch the country’s first artificial intelligence (AI) training hub aimed at helping micro, small, and medium enterprises (MSMEs) and emerging startups grow in an increasingly digital environment....
Business names registered with the Department of Trade and Industry (DTI) rose by nearly nine percent in the seven months through July, driven largely by strong demand from new businesses in the wholesale and retail sector. Data from the DTI’s business name registration system (BRNS) showed that...
TORONTO (AP) — Canadian Prime Minister Mark Carney said Thursday that trade negotiations with the United States had turned “nasty” after President Donald Trump derided America’s neighbor and its leadership while threatening to expand tariffs. Carney said Canada remained engaged in the...
