MAKATI CITY—The Philippine government’s sustained economic recovery efforts and the Department of Trade and Industry’s (DTI) continuous investment facilitation has resulted to 7.2 percent Gross Domestic Product (GDP) growth for the fourth quarter of 2022, resulting to a 7.6 percent full-year growth for the said year, based on the recent data from the Philippine Statistics continue reading : Philippines’ GDP grew by 7.6% in 2022, Beats 2022 GDP Target
Geneva, Switzerland (15 June 2022) – Recognizing the importance of E-Commerce in facilitating cross-border trade in goods and services, the Philippines during the 12th WTO Ministerial Conference expressed its support for the extension of the moratorium on the imposition of customs duties on electronic transmissions until the next Ministerial Conference. The Philippines also stressed the continue reading : PH supports the extension of the E-Commerce Moratorium
Department of Trade and Industry (DTI) Secretary Ramon M. Lopez announced today the successful conclusion of the WTO Facilitator-assisted process in the World Trade Organization (WTO) to resolve the decade-long trade dispute between the Philippines and Thailand involving Philippine exports of cigarette to Thailand. In a recent related development, the Thai Appellate Court affirmed with continue reading : Lopez: Philippines and Thailand take positive steps to resolve cigarettes trade dispute
The Philippines recognizes United Arab Emirates (UAE) as a valuable trade partner, given that UAE ranked 23rd among the Philippines’ overall trading partners in 2020 and is its 21st largest export market and 26th largest import supplier. UAE is the Philippines’ largest export market in the GCC, with exports to UAE comprising 58.26% of total continue reading : PH and UAE to explore possible comprehensive economic partnership agreement
DUBAI, UAE – Following the Philippines – United Arab Emirates High Level Construction and Related Engineering Services Roundtable Meeting on 10 February 2022, Philippine construction delegation proceeded the official business meetings with several Emirati companies – Dubai Municipality, Emaar Group, and Nakheel Group during the next several days. On 10 February 2022, the construction delegation continue reading : PH construction sector meets Emirati Counterparts in Dubai, UAE
The Philippines will be promoting investment opportunities in construction and related export products & services, and Information Technology-Business Process Management (IT-BPM) to the Middle East on its Business Forum and Business-to-Business (B2B) matching series happening on 15-16 December 2021. The forum and B2B sessions seek to open opportunities for the Philippine companies in the construction, continue reading : PH Business Mission seeks to promote construction and ITBPM sectors to the Middle East
Four (4) viable Public-Private Partnership (PPP) project proposals were presented as output during the online capacity building activity on the Initial PPP Project Identification and Structuring webinar conducted last 7-8 July 2021 by the Department of Trade and Industry (DTI) Region 2, in collaboration with the PPP Center. The City Government of Tuguegarao presented a continue reading : Four (4) LGUs initiate PPP proposals to facilitate investment inflows in Cagayan Valley Region
MANILA, The Philippines – The Philippines and France vowed to closely collaborate on sectors of mutual interest thru promotion/more frequent business visits, technical capacity building exchanges in emerging industries, and promote greater trade and investments given the strong complementation of the two countries. Capacity building programs for animation services, green design, content development, satellite development, continue reading : PRESS RELEASE ON THE 8th PHILIPPINES – FRANCE JOINT ECONOMIC COMMISSION (JEC) MEETING
The Department of Trade and Industry (DTI) reported that total exports of goods and services grew by 4.1% year-on-year (yoy) to USD 44.2 billion in the first half of 2018 compared to USD 42.5 billion in the first half of 2017. The first-half export growth was driven by strong performance of services exports, which grew continue reading : PH total exports up 4.1% in first half; DTI eyes stronger manufacturing base to sustain increase
From L to R: DTI Undersecretary Zenaida C. Maglaya, DTI Secretary Ramon M. Lopez, IPOPHIL Deputy Director General Teodoro C. Pascua, and Bureau of Trademarks Director Leny B. Raz during the signing of the extension of the Juana Make a Mark program. Pampanga – The Department of Trade and Industry (DTI) and the Intellectual Property continue reading : DTI, IPOPHL offers trademark incentives for 1,000 MSMEs