The Philippines will soon have its first free trade agreement (FTA) with a Latin American country after concluding negotiations for a historic deal with Chile, according to the Department of Trade and Industry (DTI). In a social media post on Friday, July 24, the DTI announced that the Philippines...
The government is now ready to begin laying the groundwork for a program aimed at strengthening the export potential of small and medium-sized enterprises (SMEs) after securing more than $3 million, or roughly ₱185 million, in funding from international development banks. The Department of...
The Philippines expects the United States (US) to consider exempting its imports from the threat of a 12.5-percent tariff following the creation of an inter-agency body tasked with probing the alleged importation of goods produced with forced labor. “It should be,” Department of Trade and...
The Department of Trade and Industry (DTI) is seeking additional funding of up to ₱5 billion for Small Business (SB) Corp. to support its loan programs for micro, small, and medium enterprises (MSMEs), including young entrepreneurs. Trade Secretary Cristina Roque said the DTI is seeking a higher...
The Department of Trade and Industry (DTI) is expanding its initiative aimed at promoting accessibility and affordability in the logistics sector by welcoming nine more private sector partners across the supply chain. Trade Secretary Cristina Roque onboarded the third batch of partners under the...
The government is planning to simultaneously implement its two flagship incentive programs aimed at encouraging the local production of electric vehicles (EVs) and gas-powered cars, potentially within the year. Finance Secretary Frederick Go told reporters last week that the government intends to...
Business names registered with the Department of Trade and Industry (DTI) expanded by nearly five percent in the first half of 2026, even as the impact of elevated inflation is already being felt in the pace of filings. The latest DTI data showed that business name registrations from January to...
The Philippines is pushing for an exemption from the proposed 12.5-percent tariff on its imports into the United States (US), arguing that existing trade policies have not been proven to facilitate the importation of goods produced with forced labor. In a July 6 submission to the Office of the US...
Canadian communications technology firm TELUS Corp. plans to increase its investments in the Philippines in the coming years to support the growth of its artificial intelligence (AI)-related services, according to the Department of Trade and Industry (DTI). In a statement, the DTI said the company...
A stronger nation begins with empowered communities—and empowered communities begin with opportunities. Recognizing that meaningful employment and entrepreneurship are equally important drivers of economic growth, SM Supermalls and Go Negosyo continue to strengthen their partnership through...
More than 25 American business executives and investors will visit the country next week for a business mission as the United States (US) seeks to deepen its economic ties with the Philippines, which recently secured upper-middle-income status. In a statement, the Department of Trade and Industry...
The Department of Trade and Industry (DTI) is planning to leverage the sustained demand for agricultural commodities to maintain the positive momentum of the country’s exports amid ongoing global uncertainties. Trade Secretary Cristina Roque said the country’s export performance in May reflects...
