The IT Business Process Association of the Philippines (IBPAP) and the Department of Trade and Industry (DTI)-Board of Investments (BOI) signed a five-year development program outlining specific activities to spur the local IT-business process management industry (IT-BPM). The “Statement of...
The Department of Trade and Industry (DTI) Region 12 has issued Notice of Violation (NOV) to 23 unaccredited service and repair enterprises (SREs) on intensified efforts to protect consumers from unscrupulous businesses. According to DTI Region 12 statement, the office conducted a two-day operation...
The Department of Trade and Industry (DTI) said it will try to match this year the record $10.5 billion foreign direct investments (FDI) registered by the Philippines in 2021. “That’s what we are aspiring for,” said DTI Secretary Alfredo E. Pascual during a television interview when asked if...
The Department of Trade and Industry (DTI) would like the United States government to consider a partnership with the Philippines on critical minerals processing for potential complementation in the electric vehicle (EV) ecosystem that would enable the Philippines to participate in the industry’s...
The Department of Trade and Industry (DTI) said 30 local coconut exporters of virgin coconut oil and coconut flour will benefit from export marketing and market linkages training to be implemented from April to December 2023. DTI Assistant Secretary for Trade Promotions Glenn Peñaranda said at the...
The Department of Trade and Industry (DTI) expressed optimism for the revival of the garment industry as it prepares to mount massive public awareness campaign, particularly the businesses in the country on the economic benefits that can be gained from the implementation of the Regional...
Trade and Industry Secretary Alfredo E. Pascual said the Philippines is not closing to formalizing its trade relations with the US amid pronouncements by its number one ally to focus on the Indo Pacific Economic Framework (IPEF) instead of free trade deals. DTI Secretary Alfredo E. Pascual While...
Various services being offered by the Department of Foreign Affairs (DFA) will soon go digital as the agency formalized its collaboration with the Department of Information and Communications Technology (DICT). DFA Secretary Enrique Manalo and DICT Secretary Ivan John Uy on Wednesday signed a...
Trade and Industry Secretary Alfredo E. Pascual has called for more investments in high value products to arrest the worrisome decline in the country’s exports. Trade and Industry Secretary Alfredo E. Pascual The DTI chief pointed out to the 18.1 percent decline in the country’s merchandize...
The Philippines is looking forward to the implementation of Developing Countries Trading Scheme (DCTS), the new form of generalized system of preferential (GSP) trading system of the United Kingdom which provides larger product coverage than EU’s GSP+. Trade and Industry (DTI) Secretary Alfredo...
The domestic nickel industry said the government should first provide a stable policy environment for the mining industry, primarily on nickel, to be able to attract more foreign investors and participate in the electric vehicle (EV) global value chain. FNI and PNIA President Dante R. Bravo...
Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, according to the World Trade Organization (WTO). A new“Global Trade Outlook and Statistics” report by WTO economists on Wednesday, 5 April, forecasts that volume of world...
