As the Philippines seeks to secure free trade agreements with several trading partners, these deals should not only address the removal of trade barriers but also include provisions for building supply capacity, according to the International Trade Centre (ITC). While trade agreements are reached...
The Philippines expects negotiations for a free trade agreement (FTA) with the European Union (EU) to conclude next year, as the government seeks to open new markets for its goods and services. Department of Trade and Industry (DTI) Secretary Cristina Roque stated that the FTA with the 27-member...
Go Negosyo founder Joey Concepcion commended the Department of Trade and Industry’s (DTI) “all-out support” for micro, small, and medium enterprises (MSMEs) as showcased in its recently held Bagong Pilipinas Tatak Pinoy National Trade Fair. The event, attended by First Lady Liza...
For 18 years, Yvette Marie Punzalan, founder of a Davao-based bag brand, has been participating in trade shows. Her label, Yvette’s Bags and Beads Collection, produces bags made of locally sourced materials such as nito and rattan, woven together by female persons deprived of liberty. Despite the...
The Philippine government remains optimistic about a potential reduction in the tariffs threatened by the United States (US) against the country’s imports, although it will no longer offer additional concessions, according to Department of Trade and Industry (DTI) Secretary Cristina Roque. Roque...
The Department of Trade and Industry (DTI) stated that prices of basic necessities and prime commodities remain stable despite the onslaught of three successive tropical storms and the southwest monsoon. In a statement on Thursday, July 24, DTI Secretary Cristina Roque said the agency has...
United States (US) President Donald Trump’s move to reduce the threatened tariffs on Philippine exports by a mere one percentage point (ppt) still positions the country in a favorable light for foreign direct investments (FDIs), according to the Department of Trade and Industry (DTI). Trump said...
Some senators on Wednesday, July 23 are disappointed over the Philippines’ failure to get a much lower tariff with the United States, following the negotiations between US President Donald Trump and Philippine President Ferdinand Marcos, Jr. Sen. Joseph Victor “JV” Ejercito, for one,...
The United Nations Conference on Trade and Development (UNCTAD) is urging developing economies to reduce their dependence on the export of key commodities, citing the potential of those with a more diversified economic mix like the Philippines to nurture sustainable growth. Based on its 2025 State...
South Korean Ambassador to Manila Lee Sang-hwa said that there was a 4,000 percent increase in South Korea’s investment in the Philippines during the first quarter of this year because of the free trade agreement (FTA) that entered into force on Dec. 31, 2024. In a media luncheon on Tuesday,...
Department of Trade and Industry (DTI) Secretary Cristina Roque dismissed a document circulating on social media as fake that allegedly outlined the Philippines’ concessions to secure a trade agreement with the United States (US). “I want to inform the general public that I did not issue such...
The Philippines and the European Union (EU) are seeking to expedite the conclusion of negotiations for a free trade agreement (FTA) amid uncertainties in global trade, with the next round of talks scheduled for October in Manila. Department of Trade and Industry (DTI) Undersecretary Allan Gepty,...
