The Philippines’ goods trade with the rest of the world grew faster in February, ahead of the conflict in the Middle East posing a threat to the country’s exports. The latest preliminary Philippine Statistics Authority (PSA) data on Friday, March 27, showed that total external trade rose 10.7...
The government is now one step away from imposing a price ceiling of ₱50 per kilo on imported rice after the proposed policy received the recommendation of the interagency National Price Coordinating Council (NPCC). In a statement on Thursday, March 26, NPCC said it is adopting the Department of...
Vietnamese electric vehicle (EV) ride-hailing firm Green and Smart Mobility (GSM), operating as Green GSM in the Philippines, is planning a major expansion in the country to take advantage of rising demand for transport services as fuel prices soar, the Department of Trade and Industry (DTI) said....
DAVAO CITY – Women entrepreneurs gathered at SM Lanang Premier here as the Women’s Business Council Philippines opened the Women’s Strong Network Hybrid Trade Fair, the first in the Davao region, on Thursday, March 12. The three-day trade fair, organized by WomenBizPH with the Department of...
The EU-ASEAN Business Council (EU-ABC) is seeking stronger regional measures against illicit trade, saying the Philippines’ 2026 ASEAN Chairship presents an opportunity to solidify support among member countries. In a report titled "Driving ASEAN Action Against Illicit Trade" submitted to the...
Net inflows of foreign direct investment (FDI) last year were down two percent in developing economies, including the Philippines, as a growing shift toward capital-intensive projects is making it harder for these countries to compete with developed economies. Based on data from the United Nations...
The Jollibee Group has formally opened in Danao City its largest commissary outside of Luzon, designed to expand its manufacturing and logistics footprint across the rapidly growing VisMin region and the wider Philippines. The state-of-the-art facility facility is the fourth—and...
The Philippines and the United Arab Emirates have signed a free trade agreement (FTA) during President Marcos ' working visit to Abu Dhabi. Marcos and UAE President Sheikh Mohamed bin Zayed Al Nahyan witnessed the signing and exchange of the Comprehensive Economic Partnership Agreement (CEPA)...
The deepening partnership between the Philippines and the United Arab Emirates (UAE) will soon lead to the signing of the country’s first free trade agreement in the Middle East during President Marcos’ visit to the Middle Eastern nation next week. In a statement, Special Envoy for Trade and...
The Philippines will aim to deliver a strong performance in Indusfood 2026, presenting four capable enterprises with healthy, premium-quality products to the Indian market. With support from the Department of Trade and Industry-Center for International Trade Expositions and Missions (DTI-CITEM),...
There’s no better word to describe the trade environment this year than uncertainty, as the country endured a slew of changes and setbacks, particularly due to the policies of the United States (US), its closest ally and largest trading partner. It is no surprise that when US President Donald...
Local stocks extended their climb on Thursday, Dec. 26, as investors gingerly repositioned portfolios for the coming year, though a lack of fresh catalysts and the holiday lull kept trading activity subdued. The Philippine Stock Exchange index gained 23.73 points, or 0.39 percent, to finish at...