Ako Bicol Party-list Rep. Zaldy Co (Facebook) The House Committee on Appropriations is eyeing the augmentation of the proposed 2024 budget of the Department of Trade and Industry (DTI), which is the country’s "main investment promotion agency". Thus,...
The Senate has approved on third and final reading the bill that seeks to institutionalize the Shared Service Facilities (SSF) project of the Department of Trade and Industry (DTI). The bill seeks to ensure there is continued funding for the benefit of micro, small and medium enterprises (MSMEs)....
President Ferdinand "Bongbong" Marcos Jr. has named Go Negosyo Founder Jose Maria "Joey" Concepcion III a member of the Micro, Small, and Medium Enterprise Development Council (MSMEDC) of the Department of Trade and Industry (DTI), the Presidential Communications Office (PCO) revealed. *Go Negosyo...
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...
The Department of Trade and Industry (DTI) has sought for further collaboration with the advertising industry to tighten controls against fraudulent advertising, by including online marketing, amid increases in consumer complaints, primarily emanating from internet-based transactions. In a speech...
The Department of Trade and Industry (DTI) through Board of Investment (BOI) shall recommend for approval to the Fiscal Incentives Review Board (FIRB) an EV incentive strategy (EVIS), similar tax incentives driven to the Comprehensive Automotive Resurgence Strategy (CARS) Program, to ensure the...
The Marcos administration has been aggressively promoting the country's priority sectors, such as green, innovative, and sustainable manufacturing and services, to attract more foreign investors, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Citing...
The impact of the recent state visit made by President Ferdinand "Bongbong" R. Marcos Jr. and the Philippine delegation to Japan will be felt within the next three years, the Department of Trade and Industry (DTI) disclosed on Tuesday, Feb. 14. DTI Asec. Glenn G. Peñaranda (Screenshot taken from...
TOKYO, Japan — Trade Secretary Alfredo Pascual said several investments sealed between the Philippines and Japan during President Ferdinand "Bongbong" Marcos Jr.'s official working visit are "ready to go," and the ball is now in the hands of the Philippine government. Trade Secretary Alfredo...
The powerful Commission on Appointments (CA) confirmed on Wednesday, February 1, Alfredo E. Pascual as secretary of the Department of Trade and Industry (DTI). The confirmation was done during the CA plenary session at the Senate building and which was presided by Senate President Juan Miguel...