Philippine companies that are eyeing to invest in small modular reactors (SMRs) are eyeing inclusion in the targeted negotiation for a trade agreement with the United States for planned nuclear technology installations in the country. According to Aboitiz Power Corporation President and CEO...
President Ferdinand "Bongbong" Marcos Jr. has approved the Department of Trade and Industry's (DTI) three-year Food Logistics Action Agenda aimed at revolutionizing the country's food distribution system, the Presidential Communications Office (PCO) said. President Ferdinand 'Bongbong' Marcos Jr....
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,...
Senator Sherwin Gatchalian said the government should address illicit trade in order to generate higher revenue collection and provide some relief for its limited fiscal space. Gatchalian made the appeal during the recent Development Budget Coordination Committee (DBCC) briefing in the...
Philippines and South Korea trade ministers have agreed to work for the signing of the bilateral free trade agreement (FTA), preferably during the 24TH ASEAN-Republic of Korea Summit next month in Indonesia. Trade and Industry Secretary Alfredo E. Pascual relayed the new development after...
CAGAYAN DE ORO CITY – The Department of Trade and Industry (DTI)-Region 10 launched on Friday, August 18, this year’s Kahimunan Northern Mindanao Regional Trade Fair, one of the core activities of the month-long Higalaay Festival 2023 in this city. Almer Masillones, provincial director of...
Germany has expressed its support for the relaunching of the Philippines-European Union (EU) free trade agreement negotiations. President Ferdinand 'Bongbong' Marcos Jr. and German Ambassador Andreas Michael Pfaffernoschke (Photo courtesy of KJ Rosales/PPA Pool) German Ambassador Andreas Michael...
European Union Ambassador to the Philippines Luc Veron said that the “scoping exercise” for the resumption of negotiations for a free trade agreement (FTA) with the Philippines will bring the relationship to the “next level.” (From left) European Commission President Ursula von der Leyen...
The Philippines and Costa Rica have discussed strengthening trade ties, among other areas of cooperation, as the two nations see growth in their trade relations. Department of Foreign Affairs (DFA) Assistant Secretary for International Economic Relations Paul Vincent Uy told Costa Rican officials...
The Department of Trade and Industry (DTI) is currently assessing export opportunities for all products of interest as the Philippines and the European Union (EU) recently agreed to resume negotiations on a free trade agreement (FTA). “We’re evaluating all products of interest, including those...
The Philippines and the European Union (EU) will resume talks on the Free Trade Agreement (FTA)—a deal seen to bolster economic ties between the two sides—as EU chief Ursula von der Leyen made an historic visit to the country to "accelerate" areas of cooperation between Manila and the...
The Center for International Trade Expositions and Missions (CITEM), the export promotions arm of the Department of Trade and Industry (DTI), said it has surpassed its $66.49 million target export sales by an impressive 1240 percent, hitting total export sales of $824.719 million in 2022. In a...