The Department of Trade and Industry (DTI) is now awaiting the approval of the Fiscal Incentives Review Board (FIRB) for the government’s new incentives program for domestic electric vehicle (EV) manufacturing, which is poised to attract ₱120 billion in capital investments. In a statement, DTI...
Content creators and filmmakers have been urged to embed labor rights and social inclusion in their work as part of efforts to build a values-driven creative industry, the Department of Labor and Employment (DOLE) said. In support of President Ferdinand R. Marcos Jr.’s call for dignified and...
The Department of Trade and Industry (DTI) is now empowered to enforce stricter compliance and impose potential liabilities on digital platforms and online sellers, whether local or foreign, following the full enforcement of the law aimed at strengthening safety measures in the e-commerce space. In...
The country’s grip on foreign direct investment (FDIs) appears to be slipping rapidly in the downstream oil sector, with industry insiders drip-feeding intel that American energy giant Chevron Corporation is already laying the groundwork for a prospective strategic exit – and that’s signaling...
Department of Trade and Industry (DTI) Secretary Cristina Roque is open to the proposed extension of trade talks with the United States (US), as the government races to lower the reciprocal tariffs the Philippines is set to face on July 9. Roque expressed this sentiment on Wednesday, June 18,...
The Department of Trade and Industry (DTI) is set to roll out a ₱1-billion loan program for prospective women entrepreneurs, as part of the agency’s broader effort to diversify income opportunities for micro, small, and medium enterprises (MSMEs). During the media launch of the Section G: Job...
The Philippine Economic Zone Authority (PEZA) said it has signed a registration agreement with agricultural products supplier Superseed Agriculture Corp. (SAC) for the company’s manufacturing facility in Laguna. The agreement, which recognized SAC as an ecozone domestic market enterprise, was...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) lauded Congress for approving economic reform bills that seek to extend the term of foreign leases to 99 years and streamline the rigorous right-of-way process. FFCCCII, which comprises over 170 business and trade...
The country’s leading mining groups welcomed the bicameral conference committee’s decision to remove the highly contentious ore export ban from the reconciled version of the bill seeking to reform the mining fiscal regime. In separate statements on Wednesday, June 11, the Chamber of Mines of...
Raising the minimum wage by ₱200 would have “dangerous repercussions,” including hurting the Philippine economy, small business owners, and driving a spike in consumer price hikes, according to the Marcos administration’s economic managers. This comes as the public has intensified their...
The Chamber of Cosmetics Industry of the Philippines (CCIP) convened its 2nd General Membership Meeting (GMM) on June 4, 2025, at the World Trade Center, drawing beauty industry leaders and advertising luminaries for a dynamic "Advertising Minds: An Advertising Forum." The event, moderated by...
Fuel prices are set to increase ahead of the celebration of Philippine Independence Day on June 12. Effective Tuesday, June 10, gasoline prices will inch up by ₱0.60 per liter, while diesel will go up by ₱0.95 per liter. Kerosene is also set to climb by ₱0.30 per liter. Shell Pilipinas,...
