Poor and vulnerable countries, including the Philippines, will be the most impacted by the sweeping tariffs imposed by the Trump administration on all foreign-origin goods coming to the United States (US), according to the United Nations Conference on Trade and Development (UNCTAD). UNCTAD, an...
The Philippines is keen on taking advantage of “strategic opportunities” resulting from the imposition of 17-percent reciprocal tariffs on Philippine imports by the United States (US). In a statement on Thursday, April 3, Department of Trade and Industry (DTI) Secretary Cristina Roque said the...
The Office of the United States Trade Representative (USTR) has flagged corruption and a flurry of other barriers to trade with the Philippines that the US government seeks to dismantle, in a report released just days before President Donald Trump’s announcement of reciprocal...
Japanese Emperor Naruhito, left, and Brazilian President Luiz Inacio Lula da Silva pose for a photo at the Imperial Hotel in Tokyo, Thursday, March 27, 2025. (Rodrigo Reyes Marin/Pool Photo via AP) SAO PAULO (AP) — Brazil's President Luiz Inácio Lula da Silva will meet with Russia's...
The government is set to meet with aviation companies in Canada to discuss potential expansion in the Philippines, as local airlines move to bolster their maintenance, repair and overhaul (MRO) service capabilities. Department of Trade and Industry (DTI) Secretary Cristina Roque said this...
The Department of Trade and Industry (DTI) and TikTok Shop are collaborating in Unlad Lokal, a program that aims to empower Filipino micro, small, and medium enterprises (MSMEs) to thrive in the e-commerce space. After a pilot test, the program was launched on Friday, March 28, when a memorandum of...
BEE EARTH FRIENDLY (Standing, from left) DTI Assistant Sec. Domingo Tolentino Jr., Asst Sec. Grace Baluyan, Usec. Blesila Lantayona, Jollibee Area Customer Activation Senior Manager Bong Tan, Area Manager Karen Cortez, Channels & Retail Marketing Senior Manager Rodelyn Canapi. (Seated, from...
The Department of Trade and Industry (DTI) is gearing up to launch a lending program for micro-entrepreneurs, accessible through e-wallet platforms, as part of its ongoing commitment to scale up businesses. In a chance interview on Thursday, March 27, DTI Secretary Cristina Roque said the...
Lower interest rates and closer economic integration in Asia-Pacific would allow the region to attract more capital, according to the Asian Development Bank (ADB). "Global monetary easing could increase capital inflows into the region, bringing with it important macroeconomic and policy...
(Left) UK’s Minister for Trade Policy and Economic Security Douglas Alexander and DTI Undersecretary Allan Gepty (UK Business and Trade photo) The Philippines and the United Kingdom (UK) have endorsed several programs, including government-to-government and government-to-business...
While no economy in the Asia-Pacific (APAC) region will be resistant against the impact of an even more complicated global trade, the Philippines and other domestically driven economies could easily adapt. “Intensification of geopolitical pressures could further harm the APAC region,”...
The government-led trade mission to the Middle East in February, aimed at expanding market opportunities and strengthening business partnerships for Philippine agricultural and fisheries exports, has generated $27.28 million (over ₱1.5 billion) in sales. Led by the Department of Trade and...
