DTI and MINDA launch trade education and advocacy campaign to capitalize on free trade agreements

Cagayan de Oro, Philippines—The Department of Trade and Industry (DTI), in partnership with the Mindanao Development Authority (MINDA), kicked off its first international trade forum: the Trade Education and Advocacy (TEA) Campaign. With the theme: “Empowering Philippine Export Industries of Northeastern Mindanao,” the campaign aims to optimize the benefits offered by the country’s free trade continue reading : DTI and MINDA launch trade education and advocacy campaign to capitalize on free trade agreements

PH seeks deeper energy and infrastructure ties with Sumitomo—Pascual

Tokyo, Japan—“The DTI welcomes Sumitomo Corporation’s continued interest in the Philippines’ power infrastructure sector, particularly their intention to explore further opportunities in our energy industry,” said Department of Trade and Industry (DTI) Secretary Fred Pascual in his engagement with Sumitomo Corporation, a diversified Japanese trading giant. Secretary Pascual, along with other Cabinet secretaries, met with continue reading : PH seeks deeper energy and infrastructure ties with Sumitomo—Pascual

DTI: Philippines primed for electronics manufacturing boom

Tokyo, Japan—“The Philippines is rapidly becoming a hub for high-value electronics manufacturing, with the semiconductor sector offering lucrative investment prospects,” said Department of Trade and Industry (DTI) Secretary Fred Pascual. Secretary Fred Pascual, alongside other Cabinet secretaries, made this statement during a meeting with Murata Manufacturing Co., Ltd. Executive Vice President Masanori Minamide on June continue reading : DTI: Philippines primed for electronics manufacturing boom

Arise Plus Philippines: Driving inclusive growth and trade competitiveness in the global market

In the dynamic landscape of global trade, Arise Plus Philippines stands as a beacon of economic progress and inclusive growth, driving the nation’s economic vitality and integration into the international market. Funded by the European Union (EU), this EUR 5.8 million trade-related technical assistance project is not just a financial investment but a strategic partnership aimed continue reading : Arise Plus Philippines: Driving inclusive growth and trade competitiveness in the global market

Philippines courts Mitsubishi Corporation, touts skilled workforce and infrastructure development priority

Tokyo, Japan—The Philippines’ young and skilled workforce, robust economic growth, and commitment to a sustainable future make the country an ideal location for global companies like Mitsubishi Corporation to invest and expand their operations, according to Department of Trade and Industry (DTI) Secretary Fred Pascual. On June 19, DTI Secretary Pascual and other Cabinet secretaries continue reading : Philippines courts Mitsubishi Corporation, touts skilled workforce and infrastructure development priority

DTI to Japanese businesses: Philippines is conducive for foreign investments

Tokyo, Japan—“The Philippine government is creating a business environment that promotes and encourages foreign investment. We are enacting recent policy reforms, that strategically broaden the participation of foreign companies in key sectors of the Philippine economy,” said Department of Trade and Industry (DTI) Secretary Fred Pascual during a meeting with Sojitz Corporation on June 19. Secretary continue reading : DTI to Japanese businesses: Philippines is conducive for foreign investments

DTI conducts targeted training to strengthen regional enforcement of vape law

In an bid to strengthen the implementation of the Vape Law, technical regulations, and other fair-trade laws, the Department of Trade and Industry (DTI) recently conducted an immersive training with key DTI regional counterparts in Northern Luzon and Muslim Mindanao These training sessions were conducted in coordination with the Trade Regulation and Consumer Protection Division continue reading : DTI conducts targeted training to strengthen regional enforcement of vape law

DTI and PDEA partner with e-commerce giants to tackle illegal vape sales

The Department of Trade and Industry (DTI) hosted a briefing session with the Philippine Drug Enforcement Agency (PDEA) and representatives from online shopping platforms Lazada, Tiktok, and Shopee to explore potential joint operations aimed at tackling illegal vape products. DTI Secretary Fred Pascual said the Department is holding violators accountable by equipping monitoring and enforcement continue reading : DTI and PDEA partner with e-commerce giants to tackle illegal vape sales

DTI-BOI reports recorded PHP 640.22 billion investments approval in first 5 months of 2024, marking 14% year-on-year increase

The Philippines continues to build momentum in attracting investments, following the Department of Trade and Industry’s Board of Investments (BOI) newly recorded PHP 640.22 billion worth of approved investments from January to May 2024. This marks a 14% increase from the PHP 562.90 billion reported in the same period last year, making it the highest continue reading : DTI-BOI reports recorded PHP 640.22 billion investments approval in first 5 months of 2024, marking 14% year-on-year increase

PH looks forward to Hungary’s upcoming EU Council presidency

Manila City, Philippines—The Philippines looks forward to Hungary’s upcoming presidency of the Council of the European Union (EU) as a strategic opportunity to boost trade and investment between the Philippines and the entire European region. This sentiment was echoed by Department of Trade and Industry (DTI) Secretary Fred Pascual during his meeting with Hungary’s Foreign continue reading : PH looks forward to Hungary’s upcoming EU Council presidency