Citing the Philippines’ strategic location in Southeast Asia, President Marcos on Monday, March 11, invited American firms to invest in his government’s flagship "Build, Better, More" P8-trillion high-impact projects. United States Secretary of Commerce Gina Raimondo meets with President...
House Speaker Martin Romualdez (left), President Ferdinand "Bongbong" Marcos Jr. (Speaker’s office) President Marcos' relentless efforts to woo foreign investors are beginning to bear fruit, House Speaker Martin Romualdez said on Sunday,...
Surigao del Norte 2nd district Rep. Robert Ace Barbers. There are bigger and better things in the pipeline under the Marcos administration, according to Surigao del Norte 2nd district Rep. Robert Ace Barbers. This, as Barbers...
Executives of large American companies will be joining United States (US) Commerce Secretary Gina Raimondo as she embarks on a trade mission sent by President Joe Biden to the Philippines. According to the White House, high level officials of the following companies will come to the country to...
The country’s value of agricultural exports and imports declined by 0.9 percent to $6.27 billion as it saw a lower trade deficit during the fourth quarter of 2023, data from the Philippine Statistics Authority (PSA) showed. This was lower than the $6.327 billion or 5.1 percent annual increase in...
The Philippines has signed the second protocol to the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA), President Marcos announced on Wednesday, March 6. President Ferdinand 'Bongbong' Marcos Jr. speaks during the leaders' plenary session at the ASEAN-Australia Special Summit in Melbourne...
The government is exploring the option of prohibiting disposable vapes in the country due to their unregulated sales, tax evasion, and significant health risks, especially among young Filipinos. Finance Secretary Ralph G. Recto said that they are keeping a close watch on retailers, including...
President Marcos believes there is "great potential" in enhancing Philippine-Hawaii cooperation, especially in trade. President Ferdinand 'Bongbong' Marcos Jr. welcomes the Filipino Chamber of Commerce of Honolulu and Honolulu City Council Trade Mission during their courtesy call at the...
Finance Secretary Ralph G. Recto has suggested exploring the potential for the Philippines to establish a free trade agreement with the United Kingdom (UK). This proposal was raised during Recto’s recent meeting with UK Prime Minister’s Trade Envoy to the Philippines Richard Graham and UK...
Preparations are already underway for the upcoming trade mission to be sent by US President Joe Biden to the Philippines. US Ambassador to the Philippines MaryKay Carlson said she flew to Washington to brief representatives from the American private sector about opportunities in the country....
GENEVA, Switzerland -- Fisheries, agriculture and WTO reform will be at the heart of intense negotiations when trade ministers from around the world gather in Abu Dhabi later this month. Big deals are unlikely during the World Trade Organization's 13th ministerial meeting, since its rules require...
The Department of Energy (DOE) is eyeing the issuance of a Presidential mandate that will expand the coverage of zero tariff incentive for electric vehicles (EVs) - primarily for hybrids, as well as the two-wheeler and three-wheeler fleets. Energy Undersecretary Felix William Fuentebella told...