The Philippines should strengthen some fundamental concerns and address key constraints to arrest the country’s inability to capture trade and investment opportunities and compete with the rest of the ASEAN region, according to a senior World Bank economist. Jaime Frias, World Bank senior...
TUGUEGARAO CITY, Cagayan – The 16th Padday na Lima Regional Trade and Investment Fair of the Department of Trade and Industry in Region 2 (Cagayan Valley) from Nov. 25 to Dec. 1 earned over P4 million. PHOTO shows merchandise for sale at the recent Padday na Lima trade fair in Tuguegarao...
The Philippine Travel Agencies Association (PTAA), the largest and most prestigious travel agency association in the country is always at the forefront in helping advance the travel industry’s growth and expansion. For next year, PTAA is launching its annual and most anticipated travel event,...
Senator Sherwin Gatchalian has filed a bill seeking to amend the country’s Consumer Act in order to strengthen the rights of consumers and protecting them from hazardous and substandard products. Gatchalian made the call as consumer spending accelerates ahead of the Christmas and New Year’s Eve...
Trade and Industry Secretary Alfredo E. Pascual said the inclusion of new chapters in the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) is expected to fuel inclusive growth and integration of micro, small and medium enterprises (MSMEs) into the global value chain. Pascual said following the...
Trade and Industry Secretary Alfredo E. Pascual has urged companies to consider the Philippines as their preferred investment destination because it is a gateway to the 10-member countries of ASEAN. During the Hong Kong ASEAN Summit 2022, the Philippine trade chief took advantage of the Summit to...
The Philippines and South Korea have agreed to further strengthen supply chain cooperation, according to Trade and Industry Undersecretary and Board of Investments (BOI) Managing Head Ceferino Rodolfo. The two parties affirmed to prioritize supply chain and energy cooperation to further expand...
The House Committee on Trade and Industry has approved a consolidated version of the "Internet Transactions Bill". Batangas 5th district Rep. Mario Mariño presided over the panel hearing on Wednesday, Aug. 24, with the agenda of deliberating over 12 House bills (HBs) all pertaining to Internet...
Trade and Industry Secretary Alfredo E. Pascual has assured that development and promotion of the health industry will be a major thrust for development during the six year term of President Ferdinand Marcos Jr. administration. Pascual was reacting to the challenge by Senator Pia Cayetano, author...
The Department of Trade and Industry has identified three priority legislative measures for immediate passage by Congress to support economic growth. These priority bills are the Senate confirmation on the ratification of the Regional Comprehensive Economic Partnership (RCEP), Omnibus Micro Small...
Trade and Industry Secretary Afredo E. Pascual said he would shift real focus of his agency towards industrialization stressing that manufacturing is the only way to be sustainable and become an inclusive economy. At the briefing by the DTI for the Senate committee on trade, commerce and...
Lufthansa Technik Philippines (LTP) is looking into expanding its aircraft maintenance, repair, overhaul (MRO) services outside of Metro Manila, most likely in Clark, as business is back at robust pace amid high demand for travel globally. LTP President and CEO Elmar Lutter revealed the company’s...