The Department of Trade and Industry (DTI) will soon set up foreign trade advisory centers to improve its assistance to domestic enterprises that are eager to tap into the global market and engage in foreign trade. “We are in the process of establishing international trade advisory centers in...
House Speaker Martin Romualdez (leftmost, standing) (Speaker’s office) House Speaker Martin Romualdez has trumpeted the Philippines' entry into the Regional Comprehensive Economic Partnership (RCEP), which he described as a big deal in terms of international...
President Ferdinand "Bongbong" Marcos Jr. conferred the Order of National Scientists (ONS) and the Presidential Medal of Merit to two officials for their contribution to the country in terms of healthcare and international trade.President Marcos confers the Order of National Scientist upon Dr....
The Regional Comprehensive Economic Partnership (RCEP) Agreement, also known as RCEP, took effect in the country on June 2, 2023. This is major economic news that will impact almost all sectors of trade and industry. Surprisingly, many Filipinos are still unaware what RCEP is. Ask your seatmates...
The Philippines has gotten a “good deal” from China through the Regional Comprehensive Economic Partnership (RCEP) agreement, National Economic and Development Authority (NEDA) chief Arsenio Balisacan said.
(From left) NEDA Secretary Arsenio Balisacan talks to Chief Presidential Legal...
Trade and Industry Secretary Alfredo E. Pascual said manufacturers, whose raw materials are sourced from members of the Regional Comprehensive Economic Partnership (RCEP) countries, are expected to experience reduced cost, but he also hastened to add that the impact on consumer prices will largely...
Today, June 2, 2023, the Philippines joins the Regional Comprehensive Economic Partnership (RCEP), as the last among 15 member countries to participate in the world’s largest trade deal that opens wide market access of products at lower tariff rates.
As RCEP takes effect, the Department of Trade...
(Frank Lloyd de la Cruz/Unsplash)
On May 9, 2023, stakeholders and organizations from the agricultural sector gathered at the Philippine Social Science Center Auditorium in Quezon City for the "Bantay RCEP, buy Filipino Assembly" event.
“Bantay RCEP, buy Filipino Assembly" represents a...
The Department of Trade and Industry (DTI) expressed optimism for the revival of the garment industry as it prepares to mount massive public awareness campaign, particularly the businesses in the country on the economic benefits that can be gained from the implementation of the Regional...
President Ferdinand "Bongbong" Marcos Jr. has approved the issuance of an Executive Order (EO) that would operationalize the country's tariff commitments under the Regional Comprehensive Economic Partnership Agreement (RCEP), National Economic Development Authority (NEDA) Secretary Arsenio...
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s market access.
In a statement on Monday, Feb. 20, NEDA Secretary Arsenio M. Balisacan said that they remain steadfast in their support...
Senate President Pro Tempore Loren Legarda has expressed her confidence that the Senate-ratified Regional Comprehensive Economic Partnership (RCEP) would help expedite the country’s pandemic recovery.
Senate President Pro Tempore Loren Legarda
Legarda cited the recognition by the Asian...