The country’s largest business group has expressed support for the streamlining of guidelines for closing businesses and canceling tax registrations with the Bureau of Internal Revenue (BIR), as part of efforts to strengthen the ease of doing business in the country. In a statement on Friday, May...
The Bureau of Animal Industry (BAI) expects the country’s trade performance to remain unchanged despite China’s move to ban the entry of locally produced pigs, wild boar, and related swine products due to swine fever. At present, BAI said the Philippines does not export any of the commodities...
The Department of Trade and Industry (DTI) is optimistic that it will secure commitments from major manufacturers to hold off on price adjustments for the coming month, even as some companies are already pushing for hikes amid rising logistics costs. The DTI earlier reached a deal with makers of...
The Philippines is studying the prospect of a free trade agreement (FTA) with Paraguay as it looks to bolster market access for key domestic products abroad, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque told reporters that a potential FTA with the South...
Canada is looking to invest in the Philippine defense industry following the two nation’s signing of a Status of Visiting Forces Agreement (SOVFA), a move that Manila sees as key to its military modernization push amid growing security challenges in the region. Department of National Defense...
For a long time, the formula for running a successful coffee chain was to build a space that feels like a living room away from home. The industry called it the third place, a comfortable middle ground between the office and your house where you could sit for hours on a plush couch, open a laptop,...
The Philippine Chamber of Commerce and Industry (PCCI) expects local businesses to consider expanding their operations into Paraguay after it entered into a partnership with the South American country’s export and investment promotion agency. The PCCI signed a memorandum of understanding (MOU)...
The Philippines expanded its rice importation by 18 percent to 1.7 million metric tons (MT) during the first four months of 2026 as the government looks to bolster the supply of the commodity amid expectations of lower output in the coming months. The latest Bureau of Plant Industry (BPI) data...
The Philippine Nickel Industry Association (PNIA) expects the country to attract more investments into the mining sector following the Supreme Court’s (SC) decision dismissing a petition for a writ of kalikasan against an Eastern Samar province-based mining company. PNIA, whose member companies...
Senator Joseph Victor “JV” Ejercito has filed a bill seeking to strengthen the sugar industry and protect its farmers and workers from over-importation, weak program implementation and declining incomes. In filing Senate Bill No. 2114, Ejercito said it is imperative to improve the functions of...
The Department of Trade and Industry (DTI) has teamed up with the Creative Content Creators Association of the Philippines Inc. (SIKAP) to provide stronger support for local content creators, including the protection of their original works. In a statement, the DTI said it signed a memorandum of...
Business names registered with the Department of Trade and Industry (DTI) expanded by more than 10 percent in the first four months of the year to over 540,000, as business activity across the country remained strong despite rising costs. The latest DTI data showed that business name registrations...