The Philippines is exploring potential areas for deeper cooperation with New Zealand, as both countries reaffirmed their commitment to increase bilateral trade by 50 percent by 2030. In a statement on Wednesday, Aug. 12, the Department of Trade and Industry (DTI) said Philippine and New Zealand...
The Department of Trade and Industry (DTI) is looking into the implementation of a mandatory certification scheme for certain aluminum products to promote compliance with the necessary quality and safety requirements. Under a draft department administrative order (DAO), the DTI is proposing a...
The Department of Trade and Industry (DTI) has partnered with Converge ICT Solutions Inc. to launch the country’s first artificial intelligence (AI) training hub aimed at helping micro, small, and medium enterprises (MSMEs) and emerging startups grow in an increasingly digital environment....
Business names registered with the Department of Trade and Industry (DTI) rose by nearly nine percent in the seven months through July, driven largely by strong demand from new businesses in the wholesale and retail sector. Data from the DTI’s business name registration system (BRNS) showed that...
The Philippines remains optimistic about the possible removal of the 12.5-percent tariff imposed by the United States (US) on its imports as the Trump administration reviews the country’s efforts to crack down on forced labor imports. Department of Trade and Industry (DTI) Undersecretary Ceferino...
The Philippines and Canada are set to hold the next round of negotiations for a free trade agreement (FTA) in September following last week’s productive talks, according to the Department of Trade and Industry (DTI). DTI Undersecretary Allan Gepty told reporters last Monday, Aug. 3, that the...
The Philippines is set to position itself as a regional manufacturing hub for electric mobility following the establishment of a program incentivizing domestic electric vehicle (EV) production, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque said Executive...
The Philippines is set to sign its free trade agreement (FTA) with Chile in October, as it looks to upgrade bilateral ties while opening a promising new market for exporters. Trade Secretary Cristina Roque told reporters that the signing of the comprehensive economic partnership agreement (CEPA)...
Philippine merchandise exports rose 13 percent to a record high of over $46 billion in the first half of the year due to strong demand for key products and expanded market access. Latest data from the Philippine Statistics Authority (PSA) showed that goods exports reached $46.72 billion from...
Real estate developers are already lining up to register their properties as information technology (IT) ecozones after the lifting of the moratorium on new applications in Metro Manila, according to the Department of Trade and Industry (DTI). Trade Secretary Cristina Roque told reporters on...
The Department of Trade and Industry (DTI) expects the information technology and business process management (IT-BPM) sector to generate more jobs and attract new investments after the lifting of the ban on IT economic zones in Metro Manila. In a statement on Tuesday, July 28, Trade Secretary...
Philippine exports to the United States (US) continue to enjoy a competitive advantage over shipments from other countries despite the Trump administration 's recent imposition of a 12.5 percent tariff, according to the Department of Trade and Industry (DTI). “We 're not in a bad...