The Economy

The Economy

DTI’s Commercial Attachés gear up for post-pandemic economic boom for the Philippines

The Foreign Trade Service Corps (FTSC) of the Department of Trade and Industry held its 2022 virtual planning conference from 15 – 17 November 2021 as part of the group’s…

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Stronger economic ties, new areas of cooperation pursued between PH and Hungary at 3rd Joint Commission on Economic Cooperation Meeting

Budapest, Hungary – The Philippines and Hungary successfully convened the 3rd Meeting of the Joint Commission on Economic Cooperation (JCEC) under the co-chairmanship of Dr. Ceferino S. Rodolfo, Undersecretary for…

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Philippines pushes for inclusive globalization and a trade-supported economic recovery

In the recently concluded Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting held last 8-9 November 2021, Department of Trade and Industry (DTI) Secretary Ramon M. Lopez urged for inclusive globalization to…

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The Economy

Philippine exports continue to sustain growth despite global pandemic

Even in the face of the rising wave of new COVID-19 cases globally, Philippine exports grew by 17.6% in August 2021 bringing cumulative exports to USD 48.9 billion for the…

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The Economy

Philippines named most improved country in strategic trade control implementation

The Philippines was named the most improved country in the 2021/2022 Peddling Peril Index (PPI) of countries implementing strategic trade regulations. The Philippines’ ranking increased by 273 points from 482…

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The Economy

DTI through the Small Business Corporation to provide loans for 13th month pay of workers, pushes for continued reopening of economy

The Department of Trade and Industry (DTI), through its financing arm, the Small Business Corporation (SBCorp), will be creating a lending facility to assist pandemic-distressed micro, small, and medium enterprises…

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The Economy

Consumer confidence improves in Q3 and for Q4 2021, but is less optimistic for the next 12 Months

Consumer sentiment improves in Q3 2021 and for Q4 2021, but is less optimistic for the next 12 months Based on the Q3 2021 survey results, consumer sentiment in the…

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USAID Supports Launch of First Nonstop Philippine Shipping Service between U.S. and Philippines

The U.S. Agency for International Development (USAID), through its Regulatory Reform Support Program for National Development (RESPOND) project, supported the Export Development Council (EDC) and University of the Philippines Public Administration Foundation to partner…

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The Economy

DPWH readies machine to work for Davao Twin Tunnels

The Department of Public Works and Highways (DPWH) are now preparing the specialized equipment to work for the Davao twin tunnels, a key component of the 45.5 kilometer Davao City…

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The Economy

Department of Public Works and Highways Secretary inspects soon-to-open viaduct component of BGC-Ortigas Road Link Project

Department of Public Works and Highways (DPWH) Secretary Mark A. Villar on Friday, September 17, 2021 checked the progress of the viaduct crossing Kalayaan Avenue, Makati City towards Bonifacio Global…

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The Economy

Approved Foreign Investments reached P 22.50 Billion in Second Quarter 2021

Total foreign investments (FI) approved in the second quarter of 2021 reached P22.50 billion, 45.5 percent higher compared with P15.46 billion in the same quarter in 2020. These investment pledges were from six investment promotion…

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PH, UN adopt new financing framework to achieve SDGs amid COVID-19 setbacks

The COVID-19 pandemic is threatening to undermine the Philippines’ hard-won gains in achieving the Sustainable Development Goals (SDGs) by 2030. Thus, the Government and the United Nations (UN) are joining…

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Philippines and Singapore to explore digitalization opportunities for MSME development

Makati City —In the virtual courtesy call of Singapore Trade Minister Gan Kim Yong to Department of Trade and Industry (DTI) Secretary Ramon M. Lopez, the two officials talked about…

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Philippines invites investments from China during CIFIT 2021

As the Philippines continues to champion sustainability, two new sectors highlighted during the country’s participation in CIFIT 2021 are Hyperscalers and Renewable Energy. The Philippine Long Distance Telephone Company (PLDT)…

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Philippines explores collaboration opportunities in construction and infrastructure with China in CIFIT 2021

The Philippines seeks to deepen cooperation in construction and infrastructure with China during the Philippine Construction and Infrastructure Opportunities Investment Forum (PCIOIF) on 9 September 2021 held on the second…

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Philippines and China agree to collaborate further to accelerate post-pandemic recovery

Seeing the importance of their friendship and comprehensive strategic partnership, the Philippines and China reaffirmed their commitments for increased cooperation as the two nations recover from the effects of the…

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The Economy

Bangko Sentral ng Pilipinas helps 70-year-old ice delivery man recover nearly P50K-worth of termite-mutilated savings

Faithful to the commitment of bringing itself closer to the people, the Bangko Sentral ng Pilipinas (BSP) recently facilitated the replacement of nearly fifty thousand pesos-worth of hard-earned yet termite-mutilated…

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ASEAN economic officials welcome new areas for cooperation with the United States

Association of Southeast Asian Nations’ (ASEAN) Senior Economic Officials (SEOM) met with Deputy Assistant US Trade Representative (AUSTR) for Southeast Asia and the Pacific Marta Prado for the 34th SEOM-AUSTR Dialogue…

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The Economy

National ID registrants onboarded by LANDBANK to formal banking system reach 4.5M in 2nd quarter

In step with President Duterte’s goal of financial inclusion for all Filipinos, the number of unbanked national ID registrants onboarded by the Land Bank of the Philippines (LANDBANK) to the…

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Philippines makes compelling case to attract Singapore investors and partners

The Singapore Business Federation, supported by the Philippine Embassy in Singapore, urged Singaporean investors to explore investment and partnership opportunities in the Philippines in a webinar entitled “FYIstival: Expanding Trade…

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DTI’s Commercial Attachés gear up for post-pandemic economic boom for the Philippines

Stronger economic ties, new areas of cooperation pursued between PH and Hungary at 3rd Joint Commission on Economic Cooperation Meeting

Philippines pushes for inclusive globalization and a trade-supported economic recovery

Philippine exports continue to sustain growth despite global pandemic

Philippines named most improved country in strategic trade control implementation

DTI through the Small Business Corporation to provide loans for 13th month pay of workers, pushes for continued reopening of economy

Consumer confidence improves in Q3 and for Q4 2021, but is less optimistic for the next 12 Months

USAID Supports Launch of First Nonstop Philippine Shipping Service between U.S. and Philippines

DPWH readies machine to work for Davao Twin Tunnels

Department of Public Works and Highways Secretary inspects soon-to-open viaduct component of BGC-Ortigas Road Link Project

Approved Foreign Investments reached P 22.50 Billion in Second Quarter 2021

PH, UN adopt new financing framework to achieve SDGs amid COVID-19 setbacks

Philippines and Singapore to explore digitalization opportunities for MSME development

Philippines invites investments from China during CIFIT 2021

Philippines explores collaboration opportunities in construction and infrastructure with China in CIFIT 2021

Philippines and China agree to collaborate further to accelerate post-pandemic recovery

Bangko Sentral ng Pilipinas helps 70-year-old ice delivery man recover nearly P50K-worth of termite-mutilated savings

ASEAN economic officials welcome new areas for cooperation with the United States

National ID registrants onboarded by LANDBANK to formal banking system reach 4.5M in 2nd quarter

Philippines makes compelling case to attract Singapore investors and partners

Home Is a Moving Target

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Franchise Association Launches First-Ever Visayas Franchise Conference 2026 – Igniting Growth: Visayas and Beyond

The 2026 Franchise Negosyo Roadshow Begins: “Franchise Negosyo Visayas Expo” Opens in Cebu