PEZA over-achieves 2022 targets, records 103% increase in investments amounting to P140.7 B

Pasay City – Proving that the agency can reach its target of total investments in 2022, the Philippine Economic Zone Authority (PEZA) has over-achieved beyond the 6-7% target for 2022.  “We are proud to report that PEZA has approved a total of 198 projects from January to December 2022 which are expected to bring in continue reading : PEZA over-achieves 2022 targets, records 103% increase in investments amounting to P140.7 B

Philippine Economic Briefing - Singapore

PH expects over 22,000 jobs from USD14.36B investment deals in Indo, Singapore state visits

MANILA—The USD14.36 billion (PHP804.78 billion) in investments secured from the state visits to Indonesia and Singapore is estimated to generate more than 22,000 jobs in the Philippines, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said Thursday. The trade chief also presided over two roundtable meetings with select business associations and chambers of the continue reading : PH expects over 22,000 jobs from USD14.36B investment deals in Indo, Singapore state visits

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Passage of EVIDA to make PH more attractive for hi-tech investments

MANILA—The Department of Trade and Industry (DTI) welcomes the enactment of Republic Act No. 11697 otherwise known as the Electric Vehicle Industry Development Act (EVIDA), which provides for a national policy framework to develop the electric vehicle industry in the Philippines. Trade Secretary Ramon M. Lopez expressed his gratitude to President Duterte and the lawmakers continue reading : Passage of EVIDA to make PH more attractive for hi-tech investments

Investment Promotion Agencies (IPAs)

Investment Promotion Agencies and industry stakeholders back Senate concurrence of RCEP Agreement, participation to boost competitiveness of services and investment sectors

The country’s Investment Promotion Agencies (IPAs) and key industry associations released their respective statements of support backing the Philippine’s participation in the Regional Comprehensive Economic Partnership (RCEP) Agreement, which entered into force early this year. Investment Promotion Agencies and industry stakeholders back RCEP ratification Citing that the RCEP Agreement will allow firms based in the continue reading : Investment Promotion Agencies and industry stakeholders back Senate concurrence of RCEP Agreement, participation to boost competitiveness of services and investment sectors

Keynote message of Trade Secretary Ramon M. Lopez, Philippines: The next strategic hyperscaler hub in APAC media launch

Department of Information and Communications Technology (DICT) Secretary Gregorio Honasan, Department of Energy (DOE) Secretary Alfonso Cusi, our key players in the telecommunications company (telco) and data center industry, our colleagues and friends at the Foreign Trade Service Corps (FTSC) and the Philippine Trade and Investment Centers (PTIC), members of the media, ladies and gentlemen: continue reading : Keynote message of Trade Secretary Ramon M. Lopez, Philippines: The next strategic hyperscaler hub in APAC media launch

Event screenshot of speakers from Bangko Sentral ng Pilipinas, Securities and Exchange Commission, and Landbank, together with organizers from DTI ASEAN++ during the Trabaho Negosyo Kabuhayan webinar on savings and investments

Overseas Filipinos urged to save and invest for retirement

Overseas Filipinos (OFs) received guidance on saving and investing for the future during the second episode of the Trabaho, Negosyo, Kabuhayan (TNK) webinar series organized by the Philippine Trade and Investment Centers (PTIC) in Bangkok, Dubai, Jakarta, Jeddah, Kuala Lumpur, New Delhi, Singapore, and Sydney on 02 July.

Invest in bountiful Cagayan Valley: LGUs working towards a more investment-friendly Cagayan Valley

The Department of Trade and Industry (DTI) – Region 2, in collaboration with the Board of Investments (BOI), officially commenced the series of Capability Building Training (CBT) on Investment Promotion for Local Government Units (LGUs) under the agency’s flagship project “Invest in Bountiful Cagayan Valley Region” last 29-30 April 2021 via Zoom. The first of continue reading : Invest in bountiful Cagayan Valley: LGUs working towards a more investment-friendly Cagayan Valley

Meeting with European companies

PH eyes significant investments from Europe, targets electronics and IT-BPM firms

The Philippines is eyeing significant investments from Europe, Trade Secretary Ramon M. Lopez said during a virtual investment roadshow recently, dubbed as “Make It Happen In the Philippines: A Forum on the Philippines’ Role in your Business,” targeting European companies. “It is still a good time to do business in the country despite the pandemic. continue reading : PH eyes significant investments from Europe, targets electronics and IT-BPM firms