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...
Softdrinks, food and beverage manufacturers are in need of 450,000 metric tons of premium refined sugar for the remainder of this year to be able to run their factories at full capacity while they implement various measures to cushion the impact of the sugar shortage in their business. According to...
TAIPEI, Taiwan -- Taiwan and the United States announced plans on Thursday for trade talks in the early autumn as a senior US diplomat warned Beijing will continue to squeeze the self-ruled democracy it claims as its own. Tensions in the Taiwan Strait have soared to their highest in years after US...
Twelve Malaysia firms from food & beverages, healthcare and ICT will explore business opportunities in the Philippines, according to the Malaysia External Trade Development Corporation (MATRADE). MATRADE is spearheading the Export Acceleration Mission (EAM) in Manila from August 22-26 in...
Local cement manufacturers welcomed the thrust of the current administration towards a bias for domestic industries, stressing they too are victims of import surges that threaten the viability of their cement factories. “Like our peers in the sugar sector, we welcome President Ferdinand Marcos’...
Various arts and handmade products crafted by persons deprived of liberty (PDLs) are displayed at the five-day anniversary trade fair of the Bureau of Jail Management and Penology (BJMP) Region 3 that started on Friday, Aug. 12, at SM City Marilao. Bureau of Jail Management and Penology (BJMP)...
WASHINGTON, United States -- The United States will boost trade with Taiwan in response to China's "provocative" behaviour, the White House said Friday, as it insisted on the right of air and sea passage through the tense strait. Taiwanese flags are seen as tourists walk past in Taiwan's Kinmen...
The Department of Trade and Industry has issued suggested retail prices (SRP) bulletins on basic necessities and prime commodities (BNPCs) and school supplies taking into consideration increased prices in raw materials and distribution costs. The two new SRP bulletins will take effect Friday, Aug....
President Ferdinand "Bongbong" Marcos Jr. met with officials of the Department of Trade and Industry (DTI) to iron out plans to increase farmers' productivity by ensuring that affordable fertilizers are available in the market. Malacañang photo In a social media post on Wednesday evening, the...
The National Economic and Development Authority (NEDA) may consider the possibility of pursuing a sugar trade liberalization reform to improve the industry’s competitiveness. Socioeconomic Planning Secretary Arsenio M. Balisacan said the government needs to “look at closely” the sugar...
Trade deficit accelerated last June as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, but the National Economic and Development (NEDA) just shrugged off the widening trade gap. The Philippine Statistics Authority (PSA) said Tuesday, Aug. 9, that the...
