The government is now ready to begin laying the groundwork for a program aimed at strengthening the export potential of small and medium-sized enterprises (SMEs) after securing more than $3 million, or roughly ₱185 million, in funding from international development banks. The Department of...
The Philippines has secured an export quota of 145,235 metric tons raw value (MTRV) of raw cane sugar at a lower tariff to the United States (US) for fiscal year (FY) 2027, maintaining the same allocation for the fourth consecutive year. In a July 23 notice, the Office of the US Trade...
The country’s exports to the United States (US) are now subject to a higher 12.5-percent tariff after the Trump administration determined that the Philippines has failed to prevent the entry of goods produced with forced labor. In a notice on Friday morning, July 24 (Philippine time), the Office...
The Philippines expects the United States (US) to consider exempting its imports from the threat of a 12.5-percent tariff following the creation of an inter-agency body tasked with probing the alleged importation of goods produced with forced labor. “It should be,” Department of Trade and...
The Department of Trade and Industry (DTI) is seeking additional funding of up to ₱5 billion for Small Business (SB) Corp. to support its loan programs for micro, small, and medium enterprises (MSMEs), including young entrepreneurs. Trade Secretary Cristina Roque said the DTI is seeking a higher...
China has called for closer solidarity with the Association of Southeast Asian Nations (ASEAN), saying stronger cooperation is needed to address growing global challenges and uncertainties while preserving regional peace and development. Chinese Foreign Minister Wang Yi made the remarks as China...
The Department of Trade and Industry (DTI) is expanding its initiative aimed at promoting accessibility and affordability in the logistics sector by welcoming nine more private sector partners across the supply chain. Trade Secretary Cristina Roque onboarded the third batch of partners under the...
Investments in critical infrastructure projects in the Philippines align directly with the United States ' national security agenda in the Indo-Pacific region, according to the US Trade and Development Agency (USTDA). Speaking at a US House Foreign Affairs Committee hearing last week, USTDA...
The development of a United States-backed mining project in Zambales, which could yield up to 20,000 metric tons (MT) of critical minerals annually, remains on track as cooperation deepens under the Washington-led Pax Silica initiative. US Trade Development Agency (USTDA) Deputy Director Thomas...
The proposed free trade agreement (FTA) between Manila and Ottawa could position the domestic nickel mining sector as a key alternative in the global critical minerals supply chain, according to the Philippine Nickel Industry Association (PNIA). PNIA President Dante Bravo noted that the...
The Philippines could gain access to more affordable farm inputs by eliminating tariffs on imports from Canada as part of its negotiations for a free trade agreement (FTA), according to agriculture industry groups. During a public consultation by the Tariff Commission (TC) on Tuesday, July 14,...
The Tarlac City government has intensified its campaign against counterfeit and illicit products with the creation of the Tarlac City Anti-Contraband Task Force, a multi-agency body tasked with strengthening enforcement against illicit tobacco cigarettes and other contraband goods while protecting...
