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1215 posts
  • The Economy

President Duterte signs P4.5-trillion 2021 national budget

  • December 29, 2020
  • Balikbayan Media Center
President Rodrigo Roa Duterte has signed into law on Monday, December 28, the P4.5-trillion 2021 national budget that allocates money for the government’s COVID-19 vaccine rollout and infrastructure development. Attending…
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  • The Economy

PIDS-ADB study identifies those who will benefit from digital economy

  • December 28, 2020
  • Balikbayan Media Center
A study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed that there are certain groups who “benefit more from [the] digital economy”. According to the study funded by…
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  • The Economy

DTI pushes for industrial resilience through smarter manufacturing

  • December 27, 2020
  • Balikbayan Media Center
As the country’s enterprises recover from the adverse impact of the COVID-19 pandemic, the Department of Trade and Industry (DTI) is pushing for building the resilience of the country’s industries…
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  • Entrepreneur

IFC and CARD MRI Partner to Help Filipina Entrepreneurs Weather COVID-19

  • December 23, 2020
  • Balikbayan Media Center
Manila, December 22, 2020— Women entrepreneurs in the Philippines stand to benefit from new loans issued to two of the country’s largest microfinance institutions, which will help keep businesses afloat and…
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  • The Economy

Philippines ranks 2nd in Asia and 8th Worldwide in promoting financial inclusion

  • December 22, 2020
  • Balikbayan Media Center
The Philippines remains among the global leaders in financial inclusion, according to the Global Microscope 2020 of the Economist Intelligence Unit (EIU), the research arm of The Economist Group. The…
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  • Entrepreneur

DTI offers entrepreneurship program for displaced and retrenched workers through BEST Bootcamp

  • December 22, 2020
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) and the Philippine Trade Training Center (PTTC) virtually launched the “Building an Entrepreneurial Society of Tomorrow Bootcamp: Accept, Adapt, and Act” (BEST Bootcamp:…
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  • The Economy

Personal remittances grow by 2.5% in October 2020

  • December 18, 2020
  • Balikbayan Media Center
Personal remittances from Overseas Filipinos (OFs) grew by 2.5% year-on-year to US$3.044 billion in October 2020 from US$2.969 billion in October 2019. The growth was attributed to the increase in…
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  • The Economy

Asian Development Bank to scale up support for infrastructure, health, and job recovery in the Philippines

  • December 17, 2020
  • Balikbayan Media Center
Between 2021 and 2023, the Asian Development Bank’s (ADB) sovereign lending to the Philippines is expected to reach USD9.4 billion with at least two-thirds going into infrastructure, health, and employment…
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  • Entrepreneur

Displaced workers and returning OFWs to receive government support in starting a business

  • December 17, 2020
  • Balikbayan Media Center
The Department of Trade and Industry (DTI) is ready to support displaced and retrenched workers amid the ongoing COVID-19 global pandemic with entrepreneurship said DTI Secretary Ramon Lopez. During the…
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  • Entrepreneur

DTI launches National Trade Fair Digital Mall

  • December 17, 2020
  • Balikbayan Media Center
In lieu of the usual National Trade Fair (NTF) organized annually, the Department of Trade and Industry – Bureau of Domestic Trade Promotion (DTI-BDTP) is launching the NTF Digital Mall.…
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  • Real Estate

Roundtable briefing on investment opportunities in New Clark City

  • December 13, 2020
  • Balikbayan Media Center
The Philippine Trade and Investment Center in Moscow (PTIC-Moscow), in collaboration with the Bases Conversion and Development Authority (BCDA) and with the participation of the Philippine Embassy in Moscow organized…
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  • The Economy

“Make It Happen in the Philippines” showcased in the 5th Belt and Road Summit in Hong Kong SAR

  • December 12, 2020
  • Balikbayan Media Center
Hong Kong SAR, China – The Philippine participation in the 5th Belt and Road Summit (BRS) at Hong Kong SAR on 30 November 2020 – 2 December 2020 used for the first…
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  • Entrepreneur

Philippine Startups showcase potential in Web Summit 2020 Online

  • December 12, 2020
  • Balikbayan Media Center
In an effort to promote the country’s startups in international conferences and showcase their potentials, the Philippine Government sent a Philippine delegation to the Web Summit 2020 Online, touted as…
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  • The Economy

Philippines exploring innovative financing to protect fiscal health vs adversities

  • December 11, 2020
  • Balikbayan Media Center
Department of Finance Secretary Carlos Dominguez III said Wednesday, December 9 that the Philippines is looking forward to a strengthened partnership with the World Bank (WB) in boosting the country’s…
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  • The Economy

Philippines Continues to Highlight its Strength as an Economic Partner at CAEXPO 2020

  • December 7, 2020
  • Balikbayan Media Center
Despite the constraints imposed by the COVID-19 pandemic on international travel and transportation, the Philippines, through the Philippine Embassy in Beijing, the Philippine Consulate General in Guangzhou, and the Philippine…
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  • Entrepreneur

Philippines to bolster women entrepreneurs with launch of National SheTrades Hub

  • December 5, 2020
  • Balikbayan Media Center
Women-owned businesses in the Philippines can look forward to connecting to international markets thanks to the new SheTrades PH Hub to be launched at the annual Philippines National Export Congress on…
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  • Entrepreneur

DTI honors 2019 Top Exporters at National Export Congress 2020

  • December 5, 2020
  • Balikbayan Media Center
In celebration of the National Exporters’ Week (NEW), the Department of Trade and Industry, together with the Export Development Council (EDC) and Philippine Exporters Confederation, Inc. (PHILEXPORT), bestowed the Top Exporter…
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  • The Economy

Unemployment rate down, indicating gradual economic recovery for the Philippines

  • December 4, 2020
  • Balikbayan Media Center
On Thursday, December 3, the Philippine Statistics Authority (PSA) reported that the rate of unemployment decreased to 8.7% in October—providing an indication of economic recovery from the unemployment highs of…
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  • The Economy

Japanese Firms confident on investing in the Philippines

  • December 2, 2020
  • Balikbayan Media Center
Philippine Ambassador to Japan, Jose Laurel said Japan’s continued interest in the Philippines will help the country in its recovery efforts to rise from the coronavirus disease 2019 (Covid-19) crisis,…
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  • The Economy

More than 75,000 classrooms nationwide constructed by the Department of Public Works and Highways

  • November 30, 2020
  • Balikbayan Media Center
The Department of Public Works and Highways (DPWH) has completed the construction of more than 75,000 classrooms nationwide in the past three (3) years. Secretary Mark A. Villar said that…
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