Dutch financial giant ING expects the Philippine peso to depreciate against the United States (US) dollar in the near term as the US President Donald Trump-led global trade war rages on and the domestic economy weakens. "We look for the Singapore dollar and Philippine peso to underperform in a...
Surging United States (US) tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the Washington-based multilateral lender International Monetary Fund (IMF). The IMF’s Managing Director, Kristalina Georgieva, said Thursday,...
The Department of Trade and Industry (DTI) has allowed the sale, distribution, and advertising of vape products on e-commerce and other digital platforms, provided that sellers require buyers to register first to prevent minors from purchasing. Under Department Administrative Order (DAO) No. 25-04,...
Chinese President Xi Jinping waves as he boards his plane for departure at Noi Bai International Airport in Hanoi, Vietnam Tuesday, April 15, 2025. (Athit Perawongmetha/Pool Photo via AP) BANGKOK (AP) — China's President Xi Jinping is making the case for free trade as he tours Southeast...
Net importing countries like the Philippines should brace for a barrage of Chinese goods as China seeks alternative markets to the United States (US) amid intensifying trade tensions between the two economic giants, according to the think tank Capital Economics. In an April 15 report, Capital...
Department of Trade and Industry (DTI) Secretary Cristina Roque said the Philippines is “business as usual” as it awaits potential changes once the 90-day temporary suspension on reciprocal tariffs imposed by the United States (US) on all foreign-source goods is lifted. US President Donald...
DTI AND ASEAN BAC PH TAKE THE FIRST STEPS FOR AN ASEAN CENTER FOR MSME DEVELOPMENT. In the meeting last April 8, 2025 at the DTI for the planned ASEAN Centre for MSME Development are (from left) ASEAN Business Advisory Council Philippines (ASEAN BAC PH) Executive Director Gil Gonzales Director...
Chinese President Xi Jinping, center, walks with Vietnam's Communist Party General Secretary To Lam, right, as he lays a wreath at the Ho Chi Minh Mausoleum during his visit to Hanoi, Vietnam, Tuesday, April 15, 2025. (Athit Perawongmetha/Pool Photo via AP) BANGKOK (AP) — China's Xi is...
The Philippines is ready to collaborate with the Association of Southeast Asian Nations (ASEAN) as the 10-member bloc moves to strengthen its trade partnership with the United States (US) following the 90-day suspension of reciprocal tariffs. In a statement, Department of Trade and Industry...
Vincent Marcos, First Lady Liza Araneta-Marcos, President Ferdinand Marcos Jr., and DTI Secretary Cristina Roque A glorious afternoon event, titled the Philippine Cuisine and Ingredients Show, ushered in this year’s Department of Trade and Industry (DTI) National Food Fair on Wednesday, April 9,...
Korea's Trade Minister Ahn Duk-geun, third from left, and Special Assistant to the President of the Philippines for Investment and Economic Affairs Frederick Go, third from right, pose during the Philippine Business Forum, co-hosted by The Korea Times and the Philippine government, at the Korea...
DTI Secretary Cristina Roque meeting representatives of JAKIM (DTI photo) Malaysian government's Islamic Development Department, otherwise known as JAKIM, is looking into establishing a world-class Halal certifying body (HCB) in the Philippines, according to Trade Secretary Cristina Roque....
