The trade deficit in agricultural goods expanded in the second quarter, driven by higher imports than exports, the Philippine Statistics Authority (PSA) reported. Agricultural trade deficit grew by 13.8 percent to $3.074 billion from April to June 2024, compared to $2.702 billion in the same period...
The Department of Trade and Industry (DTI) has recently granted its Seal of Legitimacy or the Seal to DXN International Private Ltd., a multi-level marketing (MLM) firm originated in Malaysia that expanded to over 180 countries including the Philippines, which promotes and distributes health food...
The Department of Trade and Industry (DTI) said establishing a national food hub at the Clark airport complex in Pampanga would enhance food security, boost supply chain efficiency, and stimulate economic growth. In a statement, DTI Undersecretary Mary Jean Pacheco said that creating a food hub...
The Bureau of Customs (BOC) intercepted a shipment of imported oranges from Thailand valued at P8.4 million after discovering that it lacked the required sanitary documents. In collaboration with the Department of Agriculture, the BOC successfully prevented the entry of 3,200 cartons of fresh...
A series of crackdown operations in Manila and Laguna led to the discovery of around P94 million worth of suspected smuggled disposable vape products, motor parts, and accessories, the Bureau of Customs (BOC) reported. During an inspection last Friday, Aug. 23, agents from the BOC and the...
CEBU CITY – The municipality of Caibiran in Biliran province was recognized during the Department of Trade and Industry (DTI) Creative Cities and Municipalities Congress on Saturday, Aug. 23, at the Manila Hotel. MAYOR Rhodessa Delante-Revita (center) receives a trophy after the municipality...
The Department of Trade and Industry (DTI) has issued 43 notices of violations (NOVs) to companies that did not comply with the mandated price freeze in the wake of Typhoon Carina and the southwest monsoon. In a statement on Wednesday, Aug. 21, DTI Acting Secretary Ma. Cristina A. Roque said that...
Department of Trade and Industry (DTI) Acting Secretary Ma. Cristina A. Roque has outlined initiatives designed to strengthen the country’s manufacturing sector, create jobs, foster innovation, and stimulate economic growth. In a statement on Wednesday, Aug. 21, Roque announced her plan to...
TAIPEI – The Philippines is successfully leveraging on its economic advantage as its export to Taiwan posted substantial growth of 27.38% in this year’s first quarter for an aggregate value of $720.80 million, according to the Philippine Trade & Investment Center (PTIC) here. Conversely,...
The Department of Trade and Industry's (DTI) enforcement unit has ramped up its operations in the first half of the year focused on seizing unsafe products and ensuring compliance with the newly implemented Vape Law. According to the Fair Trade Enforcement Bureau (FTEB), the DTI’s Task Force...
DAVAO CITY – The 150 exhibitors of the seven-day Mindanao Trade Expo (MTE) 2024 Kadayawan Festival here hope to reach the target of P12 million in sales. The MTE 2024 opened last August 11 at the Activity Center of the Abreeza Mall and will culminate on August 17. Eunice Flores, trade and...
The Department of Trade and Industry (DTI) and the Philippine Drug Enforcement Agency (PDEA) have signed a memorandum of agreement (MOA) to crack down on vape products containing illegal drugs. From L to R: FTEB Director Fhillip Sawali and FTG Supervising Head Assistant Secretary Agaton...
