Department of Trade and Industry (DTI) Secretary Cristina Roque said the 5.4 percent economic growth in the first quarter of the year is a testament to the economy’s “robust resilience,” fueled by strong consumer spending and industry contributions. Roque, who heads the government agency...
The Department of Trade and Industry (DTI), Center for International Trade Expositions and Missions (CITEM), Philippine Fashion Coalition (PFC), and LIT Fashion Consultancy have joined forces to launch the FASHIONPhilippines Milan Mentorship Program 2025 — a bold new platform to champion Filipino...
The shoe company Skechers is being acquired for more than $9 billion to be taken private by the investment firm by 3G Capital. The deal comes amid growing uncertainty over how U.S. President Donald Trump’s tariffs on foreign goods will affect companies who make their products overseas,...
The Philippines and the United States concluded on a “constructive and positive note” their trade talks amid the US’ imposition of reciprocal tariffs on Philippine goods. Philippine Special Assistant to the President for Investment and Economic Affairs, Secretary Frederick Go (right),...
Chinese imports to the Philippines and Philippine exports to the United States (US) surged in the first quarter, amid escalating trade tensions between Washington and Beijing that threaten to disrupt the global economy. The latest preliminary Philippine Statistics Authority (PSA) data on Wednesday,...
The Philippines remains absent from the United States (US) government’s infamous list of countries flagged for issues on safeguarding intellectual property (IP) rights for the 12th straight year. In the 2025 Special 301 Report by the Office of the US Trade Representative (USTR), released...
The Department of Trade and Industry (DTI) will amplify its monitoring of substandard steel products, as they may compromise public safety, especially during natural disasters such as earthquakes. “We'll strictly monitor and enforce,” DTI Secretary Cristina Roque told reporters, when...
Department of Trade and Industry (DTI) Secretary Cristina Roque is looking into providing greater access to key export interests as part of concessions that the United States (US) could ask in exchange for lowering the reciprocal tariffs imposed on Philippine goods. “Not that we're going...
Department of Trade and Industry (DTI) Secretary Cristina Roque is set to fly to the United States (US) next week, as Philippine trade and economic officials would meet with the Trump administration to address the imposition of the currently paused tariffs. Roque told reporters on Friday, April 25,...
Amid a looming global trade war, the World Bank slashed its 2025 and 2026 growth forecasts for the Philippines to levels that would bring two-year economic expansion to their slowest pace post-pandemic. According to the Washington-based multilateral lender’s East Asia and Pacific Economic Update...
Amid threats of higher tariffs imposed by the United States globally, the United Kingdom will “turbocharge” its investment and trade relations with the Philippines across key sectors, British Ambassador to Manila Laure Beaufils said. UK Ambassador to the Philippines Laure Beaufils speaks...
Despite the United States (US) imposing temporarily suspended tariffs, members of the Marcos Cabinet expressed confidence that trade relations between Manila and Washington will be more robust ahead of their upcoming high-level meeting. “We are confident that, through our strong economic and...