The Philippines and South Korea signed an agreement to accelerate cooperation in trade and energy in pursuit of driving industrial transformation, according to the Department of Trade and Industry (DTI). In a statement on Thursday, May 15, DTI Secretary Cristina Roque said she signed a memorandum...
Local furniture manufacturers are seeking immediate government intervention to safeguard the industry from the impact of the 17-percent tariffs imposed by the United States on Philippine goods, citing the risk of potential factory closures and job losses. In a position paper addressed to the...
Department of Agriculture (DA) Secretary Francisco Tiu Laurel is warning consumers against buying imported white onions, following the recent seizure of smuggled onions that tested positive for salmonella and heavy metals. "If possible, please don’t buy imported onions because they may be...
The ongoing trade dispute between the United States (US) and China could benefit manufacturing hotspots in Southeast Asia, such as the Philippines, provided the government implements sweeping reforms to align trade and investment policies with industrial strategies. In a virtual forum hosted by the...
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 Bureau of Plant Industry (BPI) has been tapped by the Bureau of Corrections (BuCor) for agricultural production in the country 's prison and penal farms. The BuCor had earlier said it has 48,783.31 hectares of land nationwide that can be converted to agricultural and aqua-culture sites as...
Motorists welcome some relief as petroleum prices dropped in the first few days of May, reversing last week 's increases. Effective Tuesday, May 6, gasoline prices will go down by ₱0.55 per liter, diesel by ₱0.65 per liter, and kerosene by ₱0.90 per liter. These marginal decreases were...
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...
Maritime Industry Authority (Marina) Administrator Sonia Malaluan (Courtesy of Philippine Information Agency livestream) The national government is mulling the formulation of more intervention programs to help tackle the growing concerns over the widespread mental health issues among seafarers....
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,...