Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, according to the World Trade Organization (WTO). A new“Global Trade Outlook and Statistics” report by WTO economists on Wednesday, 5 April, forecasts that volume of world...
The Department of Trade and Industry (DTI) has sought for further collaboration with the advertising industry to tighten controls against fraudulent advertising, by including online marketing, amid increases in consumer complaints, primarily emanating from internet-based transactions. In a speech...
The Department of Trade and Industry (DTI) through Board of Investment (BOI) shall recommend for approval to the Fiscal Incentives Review Board (FIRB) an EV incentive strategy (EVIS), similar tax incentives driven to the Comprehensive Automotive Resurgence Strategy (CARS) Program, to ensure the...
The Marcos administration has been aggressively promoting the country's priority sectors, such as green, innovative, and sustainable manufacturing and services, to attract more foreign investors, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) Citing...
The impact of the recent state visit made by President Ferdinand "Bongbong" R. Marcos Jr. and the Philippine delegation to Japan will be felt within the next three years, the Department of Trade and Industry (DTI) disclosed on Tuesday, Feb. 14. DTI Asec. Glenn G. Peñaranda (Screenshot taken from...
TOKYO, Japan — Trade Secretary Alfredo Pascual said several investments sealed between the Philippines and Japan during President Ferdinand "Bongbong" Marcos Jr.'s official working visit are "ready to go," and the ball is now in the hands of the Philippine government. Trade Secretary Alfredo...
The powerful Commission on Appointments (CA) confirmed on Wednesday, February 1, Alfredo E. Pascual as secretary of the Department of Trade and Industry (DTI). The confirmation was done during the CA plenary session at the Senate building and which was presided by Senate President Juan Miguel...
Senator Risa Hontiveros on Tuesday, January 31 called on the government to help cushion the impact of the rise of artificial intelligence (AI) chatbots on the Business Process Outsourcing (BPO) industry. Hontiveros said the Department of Trade and Industry (DTI) should put safeguards in place for...
The European Chamber of Commerce of the Philippines (ECCP) backs the confirmation of Secretary Alfredo Pascual as Department of Trade and Industry (DTI) chief. In a statement on Thursday, Dec. 30, the Chamber appreciates the leadership of Secretary Pascual as well as his commitment to developing...
The Department of Trade and Industry (DTI) reported an all-time high business name (BN) registration in 2022 at 932,097, surpassing the previous record at 916,164 in 2020. According to the DTI, there were 827,491 new BNs registered this year accounting for 88.8 percent of overall registrations....
The Department of Trade and Industry (DTI) on Friday, Dec. 23, issued the list of certified fireworks that the public should buy, and strongly reminded consumers to avoid fireworks that have no “PS” or the Philippine Standard mark. The DTI listed 14 certified fireworks brand to guide consumers....
President Ferdinand "Bongbong" Marcos Jr. expressed confidence that Trade Secretary Alfredo Pascual will continue his "wholehearted service" to the country as the latter is reappointed to his position. President Ferdinand 'Bongbong' Marcos Jr. administers the oath of Trade Secretary Alfredo Pascual...
