The country’s top manufacturers once again agreed to hold off on price hikes, such that there will be no increases for basic necessities and prime commodities (BNPCs) at least until the end of the month, according to the Department of Trade and Industry (DTI). At the Kapihan sa Manila Bay forum...
The country’s electronic exports are projected to more than double to $110 billion by 2030 through a strategic roadmap aimed at moving the local industry up the value chain, according to the Department of Trade and Industry (DTI). “Semiconductors are our number one export, and we want to keep...
The country’s meat imports in the first two months increased by nearly a quarter to more than 290,000 metric tons (MT), as traders looked to strengthen inventories despite sufficient domestic output. The latest data from the Bureau of Animal Industry (BAI) showed that total meat imports from...
The country’s rice imports in the first quarter rose by nearly 37 percent to more than one million metric tons (MT) compared to a year ago, according to the Bureau of Plant Industry (BPI). The latest BPI data showed that rice imports from January to March reached 1.26 million MT, higher than the...
The Department of Trade and Industry (DTI) is prepared to adjust and potentially lower its investment and export targets for the year as the ongoing war in the Middle East casts a shadow over global trade and the country’s investment appeal. Trade Secretary Cristina Roque told reporters that the...
Business names registered with the Department of Trade and Industry (DTI) rose by seven percent in the first quarter to more than 460,000 compared with the previous year, as higher fuel prices failed to slow the country’s surging entrepreneurial activity. Data from the DTI showed that business...
On the heels of a record-high performance in 2025, the country’s merchandise exports may post flat growth this year as the ongoing war in the Middle East drives up fuel costs and disrupts supply chains, according to the Department of Trade and Industry (DTI). “To be honest, it 's hard to...
The government is opening the Bicol Shelf Basin to private investors for oil and gas exploration, a move intended to bolster indigenous energy resources as the country seeks to reduce its reliance on volatile global fuel markets. The Department of Energy (DOE) on Wednesday, April 1, announced a...
The Department of Trade and Industry (DTI) rejected a petition to impose definitive safeguard duties on imported corrugating medium paper, ordering the immediate refund of cash bonds previously collected from importers to shield the local industry. In Department Administrative Order (DAO) No....
The United States (US) is targeting the expansion of its key agricultural exports to the Philippines as it launches a trade mission in Manila next month to unlock new agricultural opportunities. In a statement, the US Department of Agriculture (USDA) said it will lead an agribusiness trade mission...
The Philippines’ rice imports may increase to over five million metric tons (MT) in the upcoming marketing year (MY) 2026-2027 to plug the shortfall in domestic production, according to the United States Department of Agriculture (USDA). In a report, the USDA estimated that the country’s rice...
The Department of Trade and Industry (DTI) has urged local exporters to begin testing their food products for mineral oil aromatic hydrocarbons (MOAH), warning that a proposed European Union (EU) policy could block their entry into the region. In a statement, the DTI notified food exporters of a...
