Makati City, Philippines—The Department of Trade and Industry (DTI) successfully launched the pilot run of its “Tindahan Mo, e-Level Up Mo!” program on June 26. This nationwide initiative aims to support micro, small, and medium enterprises (MSMEs) by elevating them through digitalization and sustainable business practices. “This first module of the ‘Tindahan Mo, e-Level Up continue reading : DTI pilots “Tindahan Mo, e-Level Up Mo!” to digitalize sari-sari stores in the Philippines
Makati City, Philippines — Department of Trade and Industry (DTI) Secretary Fred Pascual is optimistic about the Philippines’ export performance following the expansion of the country’s merchandise exports by 26.4% in April 2024 to USD 6.2 billion from USD 4.9 billion in April 2023, according to preliminary data released by the Philippine Statistics Authority (PSA). continue reading : Pascual optimistic as PH merchandise exports surge 26.4% in April 2024
Makati City, Philippines — The Board of Investments (BOI) announced a surge in agricultural investments following the issuance of Fiscal Incentives Review Board (FIRB) Resolution No. 003-24 on February 2, 2024. This resolution empowers the BOI to approve projects with an investment capital of up to PHP 15 billion. Aligned with President Ferdinand R. Marcos, continue reading : BOI reports surge in agricultural investments following increased investment threshold
Tokyo, Japan—”The Philippines stands ready to welcome your investments with a wealth of opportunities in a nation primed for growth,” Department of Trade and Industry (DTI) Secretary Fred Pascual emphasized during the Philippine Economic Briefing (PEB) on June 21. “By partnering with us, you not only gain a foothold in a dynamic and expanding market, continue reading : Trade Secretary Pascual promotes Philippine investment opportunities to Japanese investors
Tokyo, Japan—On June 19, Department of Trade and Industry Secretary Fred Pascual welcomed MinebeaMitsumi’s support for the goal of the Philippine government to train 128,000 semiconductor professionals by 2028. This reinforces the US CHIPS and Science Act, which allocated USD 50 billion to the industry and identified the Philippines and Japan as key partners. This continue reading : DTI endorses MinebeaMitsumi’s efforts to strengthen Philippine semiconductor workforce
Tokyo, Japan—The Philippines is a very promising economy and its strong fundamentals position it for continued growth and development, according to Department of Trade and Industry (DTI) Secretary Fred Pascual’s pitch during the meeting with Rating and Investment Information, Inc. (R&I), June 20. Secretary Pascual was joined by the other Cabinet secretaries to present a continue reading : Pascual pushes for PH credit rating upgrade, pitches economic strength and investment opportunities
Tokyo, Japan—”The DTI welcomes this opportunity to meet with Marubeni Corporation executives to strengthen the economic ties between the Philippines and Japan. The company’s continued presence can be a significant driver of our economic growth, particularly through further investments in infrastructure projects aligned with the Philippines’ renewable energy goals,” said Department of Trade and Industry continue reading : DTI welcomes investment boost; Marubeni eyes renewable energy push in Philippines
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
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
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