Around $88 million worth of foreign investments are expected to materialize within the year, Trade and Industry Secretary Alfredo Pascual announced. (RTVM Screenshot) "The number that we expect to materialize in 2023 will total around $88 million – maliit pa ‘no (that's still small),"...
As the Philippines seeks the renewal of its inclusion in the European Union’s (EU) Generalized Scheme of Preferences Plus (GSP+), Trade Secretary Alfredo Pascual on Wednesday, July 12, said that the regional bloc is “happy” with the recent human rights developments in the country. Trade...
The Philippines has received P73-billion in investment leads during a three-week investment roadshow the country participated in across Europe. Department of Trade and Industry (DTI) Secretary Alfredo Pascual said these investment leads were from the renewable energy and infrastructure development...
Not all foreign investment offers to the Philippines will materialize, Trade and Industry Secretary Alfredo Pascual said on Wednesday, July 12. DTI Secretary Alfredo Pascual (RTVM Screenshot) In a Palace briefing, Pascual explained that significant investments take time to implement, while some may...
Trade and Industry Secretary Alfredo E. Pascual has sought the support of State Secretary Udo Philipp of Germany’s Federal Ministry for Economic Affairs and Climate Action (Bundesministerium für Wirtschaft und Klimaschutz (BMWK) for the resumption of the EU-Philippine free trade negotiation. THE...
Univercells, a vaccine manufacturer based headquartered in Belgium, has expressed keen interest in partnering with the Philippines’ Vaccine Self Reliance Program (VSRP) and the development of the Virology Institute of the Philippines (VIP), Trade and Industry Secretary Alfredo E. Pascual...
The Department of Trade and Industry and SAP, world’s leading software development firm based in Germany, discussed potential collaboration in the development of upskilling programs for Philippine small and medium enterprises (SMEs) to access the digital economy. UPSKILLING PH MSME DISCUSSION --...
German business leaders have called for the establishment of new partnerships and new economic alliance with the Philippines, stating that Germany is clearly “underrepresented” in the Philippines with untapped investment opportunities for German companies. GERMAN BUSINESS LEADERS CALL FOR NEW...
Manufacturers of 15 basic goods are asking the Department of Trade and Industry (DTI) for up to 10 percent increase in their suggested retail prices (SRP). The 15 basic goods categories include canned sardines, condensed milk, evaporated milk, powdered milk, coffee refill, coffee 3-in-1, salt,...
Business Connect, a Dutch consulting company focused on setting up startup ecosystems worldwide, is organizing a trade mission to the Philippines in October this year to drum up interest for the country, Trade and Industry Secretary Alfredo E. Pascual announced. Pascual, who is currently leading a...
The Department of Trade and Industry (DTI) has sealed 177,00 pieces of threaded BI-GI steel pipes labeled as fence tubes worth over P110 million following their confiscation in almost all retail establishments in Davao City during a heightened crackdown against substandard steel products....
Economic ties between the Philippines and the Netherlands are expected to reach new heights as the two countries expressed interest in exploring more areas of cooperation on trade and investment. This came after the recent visit of Department of Trade and Industry (DTI) Secretary Alfredo Pascual to...
