The Philippines leads the Southeast Asian (SEA) region as the fastest-growing internet economy in Southeast Asia due to its growing domestic consumption, revitalized services sector, and higher remittances from overseas Filipino workers (OFWs). The Department of Trade and Industry (DTI) cited...
The Philippine Chamber of Commerce and Industry (PCCI) has recognized SM Investments Corporation and BDO Unibank Inc. as among this year’s “Country Movers,” to highlight their significant contributions to national development. Presented during the 50th Philippine Business Conference and Expo...
Cebu is fast becoming an emerging force in the Philippine cacao industry since its rich soil and warm climate are ideal for the cultivation of the cacao tree whose seeds are used to make chocolate. As the premier province of Central Visayas, Cebu is benefiting from the global and local demand for...
Philippine-assembled electronics—the country's top merchandise export—may be hurt by bigger Chinese production, the World Bank said. In an Oct. 31 report, the Washington-based multilateral lender cited that the Philippines' semiconductor exports shrank 13.8 percent year-on-year in...
(Center, upper row) Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Abalos Team) In a bid to attract more moviegoers, Former Department of Interior and Local Government (DILG) Secretary...
Following the devastation caused by Typhoon Kristine, the Department of Trade and Industry (DTI) has implemented a price freeze on basic necessities in areas declared under a state of calamity. As of Tuesday, Oct. 22, the DTI said Albay province and Magpet Town in Cotabato are currently covered by...
From its inaugural park in Zamboanga City, Forest Lake Memorial Parks now serves Filipino families by providing “A Better Place” in 37 locations where they can honor and celebrate the lives and memories of their departed loved ones in a peaceful, comfortable, and family-friendly memorial park....
The Department of Trade and Industry (DTI), Small Business Corporation (SB Corp), and Philippine Franchise Association (PFA) have formed a partnership to promote franchising as a viable business option. In a statement, the DTI said the partnership aims to create a thriving franchising ecosystem by...
My sister Kay, the “bamboo queen,” has a fascination for bamboo. She recently built the first bamboo museum in Antipolo, housing the first mini bamboo organ made in the Philippines, sourced from her own bamboo, and patterned after the famous Las Piñas bamboo organ. Ate Kay takes pride in...
The Department of Trade and Industry (DTI) stated that the imposition of value-added tax (VAT) on digital service providers (DSPs) will promote healthy competition in the local market. In a statement on Wednesday, Oct. 16, DTI Secretary Cristina A. Roque said that this measure levels the playing...
The Department of Trade and Industry (DTI) and the National Bureau of Investigation (NBI) seized nearly P15 million uncertified household appliances from a warehouse in Biñan, Laguna. In a statement, the DTI said the joint operation, codenamed "Task Force Kalasag," was conducted on Sept. 17 in...
The Department of Trade and Industry (DTI) said that SHERA Public Co. Ltd.’s P2.9-billion plant would boost the Philippines' aspiration to become a global manufacturing hub. Trade Secretary Cristina A. Roque said that this investment from SHERA, the leading fiber cement innovator in Southeast...
