The Department of Trade and Industry (DTI), Small Business Corporation (SB Corp), and Philippine Franchise Association (PFA) have formed a partnership to promote franchising as a viable business option. In a statement, the DTI said the partnership aims to create a thriving franchising ecosystem by...
A "powerhouse" delegation of Canadian businesses, poised to be the biggest-ever, will visit the Philippines this coming December to explore trade and investment opportunities. Export Development Canada (EDC) managing director and head of Indo-Pacific George Monize told reporters on Wednesday, Oct....
The Department of Trade and Industry (DTI) stated that the imposition of value-added tax (VAT) on digital service providers (DSPs) will promote healthy competition in the local market. In a statement on Wednesday, Oct. 16, DTI Secretary Cristina A. Roque said that this measure levels the playing...
The Department of Trade and Industry (DTI) and the National Bureau of Investigation (NBI) seized nearly P15 million uncertified household appliances from a warehouse in Biñan, Laguna. In a statement, the DTI said the joint operation, codenamed "Task Force Kalasag," was conducted on Sept. 17 in...
The Board of Investments (BOI) and the Korea Trade-Investment Promotion Agency (KOTRA) have formalized their partnership to strengthen bilateral trade and investment ties between Manila and Seoul. In a Memorandum of Understanding (MOU) signed on Oct. 7, 2024, the two agencies committed to jointly...
The Department of Trade and Industry (DTI) said that SHERA Public Co. Ltd.’s P2.9-billion plant would boost the Philippines' aspiration to become a global manufacturing hub. Trade Secretary Cristina A. Roque said that this investment from SHERA, the leading fiber cement innovator in Southeast...
The country’s trade deficit narrowed in August as imports grew at a slower pace than exports, the Philippine Statistics Authority (PSA) reported. Data from the PSA showed that the trade balance—the difference between exports and imports—fell to a 6.6-percent deficit of $4.38 billion, from an...
The Department of Trade and Industry (DTI) has announced stricter regulations for vaporized nicotine and non-nicotine products (VNNDPs) and heated tobacco products (HTPs) in the country. In a statement, the DTI said this move comes through amendments to the Implementing Rules and Regulations...
The Department of Trade and Industry (DTI) is optimistic about a potential partnership with Masdar, a leading global renewable energy company, to boost the Philippines' renewable energy sector. In a recent meeting, DTI Secretary Cristina A. Roque met with top executives from Masdar to discuss...
The Department of Trade and Industry (DTI) is working to finalize a comprehensive economic partnership agreement (CEPA) with the United Arab Emirates (UAE), a move aimed at strengthening economic ties between the two nations. DTI Secretary Cristina A. Roque recently met with the UAE's Minister of...
President Marcos has appointed Jaime Alfonso Antonio Eder Zobel de Ayala as Member of the Department of Trade and Industry’s Inter-Agency Investment Promotion Coordination Committee. Zobel will be Private Sector Representative from the National Capital Region for a term of three years, said...
In a record-breaking haul, the Department of Trade and Industry's (DTI) Task Force Kalasag (TFK), in collaboration with the National Bureau of Investigation (NBI), seized nearly P94 million worth of automotive-related products from a warehouse in Quezon City. In a statement on Wednesday, Sept. 18,...
