FOR THURSDAY ISSUE The Philippines' banana exports to South Korea will enjoy zero tariffs over the next five years, following the bilateral free trade agreement (FTA) taking effect in January next year. Department of Trade and Industry (DTI) Secretary Maria Cristina A. Roque said at a press...
The new year will make yet another significant moment in the Philippines-South Korea relations as the Free Trade Agreement (FTA) between the two countries are set to take effect. The Korean Embassy in Manila on Monday, Dec. 23, announced that the landmark deal between Manila and Seoul "will...
The Department of Trade and Industry (DTI) has exceeded its 2024 investment targets, reaching a total of P1.834 trillion in investments from the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA). According to the DTI, the major factors behind this achievement include...
The Department of Trade and Industry (DTI) is establishing the National Halal Industry and Trade Office (NHIDO) to position the Philippines as a leading player in the global Halal industry by next year. In a statement, DTI-Halal Industry and Trade Office Program Manager Dimnatang M. Radia said the...
Canadian mining firm B2Gold Corporation is expanding its operations in the Philippines due to its confidence in the country's robust policies and skilled workforce, the Department of Trade and Industry (DTI) stated. In a statement on Thursday, Dec. 12, the DTI noted that Trade Secretary Cristina A....
The country’s trade deficit widened by 36.8 percent to $5.8 billion in October this year compared to the previous year, driven by a surge in imports and a decline in exports. Data from the Philippine Statistics Authority (PSA) showed that the country's total external trade in goods reached $18.13...
Support local and sustainable businesses at the inaugural Department of Trade and Industry (DTI) Coconut Philippines Trade Fair at SM Megamall Megatrade Hall, running from Dec. 2-4, 2024. The grand opening featured the lighting of the Coconut Christmas Tree, led by DTI Secretary ...
The Department of Trade and Industry (DTI) is urging consumers to prioritize safety this holiday season by purchasing only certified Christmas lights and fireworks. In a statement on Thursday, Nov. 5, Trade Secretary Cristina Aldeguer-Roque said that consumers are advised to consult the DTI's...
President Marcos on Wednesday, Dec. 4, touted the “big plans” the Philippines has in building up its trade and commerce ties with partner-countries. President Ferdinand ‘Bongbong’ Marcos Jr. meets with World Trade Organization (WTO) Director General Dr. Ngozi Okonjo-Iweala in Malacañan on...
A Canadian trade mission composed of a "powerhouse delegation" is coming to the Philippines next week to promote business opportunities in Canada, the country's ambassador to Manila announced Wednesday, Nov. 27. Canadian Ambassador David Hartman said business representatives, entrepreneurs, and...
Prolific guards Terrence Romeo and Juami Tiongson are swapping places ahead of the opening of the PBA Season 49 Commissioner’s Cup as the league trade committee approved a deal between San Miguel and Terrafirma on Monday, Nov. 25. Vic Manuel and Terrence Romeo goes to Terrafirma as SMB picks up...
Amid looming US protectionism, Canada is clinging on to trade and will send its biggest-ever business mission to the Philippines in the first week of December. Mary Ng, Canadian Minister of Export Promotion, International Trade and Economic Development, will lead the high-level Team Canada Trade...