Trade

U.S. President Biden vows to strengthen economic cooperation with the Philippines; to send ‘one of its kind’ trade and investment mission

During the extended bilateral meeting between United States President Joe Biden and President Ferdinand R. Marcos, Jr. together with Department of Trade and Industry (DTI) Secretary Fred Pascual and other…

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Philippine exports at USD19.4 Billion in the first quarter of 2022, highest in 6 years

Philippine exports hits the highest quarterly record in the last six years at USD19.4B in the first quarter of 2022, increasing by 9.8% as compared to the same period last…

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The Economy

Philippines exports sustain growth for 11 consecutive months

The Philippine merchandise exports started out strong this year, reflecting an increase of 8.9%, amounting to USD 6.04-B this month as compared to USD 5.55-B in January 2021, and even…

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The Economy

Strategic Goods Exports for 2021 Amount to $4.5B

The Strategic goods export authorizations issued by the Department of Trade and Industry – Strategic Trade Management Office (DTI-STMO) last year was able to generate USD4.5-B in revenues, a significant…

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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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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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Philippine exporters urged to look into EFTA countries

Local exporters and MSMEs can receive expert guidance on how to take full advantage of the Philippines-EFTA free trade agreement (PH-EFTA FTA) to break into and expand their existing operations in Europe…

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The Economy

Bureau of Customs surpasses June target by 11.2%, hits Midyear Collection Target

Despite the effects of the COVID-19 to the overall trading environment and stringent community quarantine since last year, the Bureau of Customs (BOC) collected P52.447 billion in June, surpassing its…

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Philippines commits to deepen commercial ties with Switzerland, calls for greater utilization of FTA

The Philippines (PH) reaffirmed its commitment to expand two-way trade and investment ties with Switzerland (CH) and deepen cooperation in cleantech and renewable energy, infrastructure, life sciences, and digital healthcare…

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The Economy

Exports growth accelerates, up by 72% in April

Allowing 100% operating capacity even during the Enhanced Community Quarantine (ECQ), coupled with the gradual economic recovery of its major trading partners from the COVID-19 pandemic, Philippine exports in April…

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The Economy

Huge turnaround for Philippine exports, 31% increase for March 2021

Supported by the global economic recovery arising from the ongoing Covid-19 vaccinations, Philippine merchandise exports in March 2021 rebounded strongly and jumped by 31.6% compared to the same month…

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The Economy

Bureau of Customs partners with USAID for the NSW Public Awareness Campaign

The Bureau of Customs and the USAID ASEAN Policy Implementation (API) project on April 6, 2021 discussed further plans to develop a Public Awareness Campaign on the National Single Window…

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Europe

Let’s Do Business Together: Trade and Investment Opportunities explored between the Philippines and Poland

The Philippine Embassy in Warsaw, the Philippine Trade and Investment Center (PTIC) in Berlin, and the Polish Chamber of Commerce co-organized a business webinar entitled, “Let’s Do Business Together: Poland-Philippines,…

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The Economy

Philippines and India to tap new trade and investment opportunities

Department of Trade and Industry (DTI) Secretary Ramon Lopez pushed for further strengthening of the Philippines and India’s trade and investment relationship during the virtual courtesy call of India Ambassador…

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Asia

Philippines invites investors, seeks closer fintech and halal ties with Indonesia

Finance Secretary Carlos Dominguez III identified technology and halal as potential areas for trade and investment collaboration with Indonesia in a move that signals the country’s commitment to deepening bilateral…

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The Economy

BOI approves P356M bike project, to boost demand

The Board of Investments (BOI) recently gave the nod to the application of TRINX Bicycle Sport Technology Corp. (TBSTC) as a new Export Producer of Bicycles which qualifies the company…

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Australia

First batch of Davao durian arrives in Australia

Australians will soon be tasting the sweet, savory, and creamy durian from Davao as the Philippines’ first-ever shipment of frozen durian has arrived in the land Down Under on 02…

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Middle East & Africa

The Philippines and Egyptian Governorates talk trade cooperation in Fish Processing, Green Energy

Philippine Ambassador to Egypt Sulpicio M. Confiado visited the Governorates of Damietta and Ismailia from 22 to 24 February 2021, to establish the Philippines’ footprint in these governorates and identify…

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Philippine exporters to benefit from the UK GSP

Philippine exports under the Generalized Scheme of Preference (GSP) will continue to enter the United Kingdom (UK) tariff-free for this year, through its own GSP. The UK GSP replicates the…

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U.S. President Biden vows to strengthen economic cooperation with the Philippines; to send ‘one of its kind’ trade and investment mission

Philippine exports at USD19.4 Billion in the first quarter of 2022, highest in 6 years

Philippines exports sustain growth for 11 consecutive months

Strategic Goods Exports for 2021 Amount to $4.5B

Philippine exports continue to sustain growth despite global pandemic

Philippines named most improved country in strategic trade control implementation

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

Philippine exporters urged to look into EFTA countries

Bureau of Customs surpasses June target by 11.2%, hits Midyear Collection Target

Philippines commits to deepen commercial ties with Switzerland, calls for greater utilization of FTA

Exports growth accelerates, up by 72% in April

Huge turnaround for Philippine exports, 31% increase for March 2021

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Bureau of Customs partners with USAID for the NSW Public Awareness Campaign

Let’s Do Business Together: Trade and Investment Opportunities explored between the Philippines and Poland

Philippines and India to tap new trade and investment opportunities

Philippines invites investors, seeks closer fintech and halal ties with Indonesia

BOI approves P356M bike project, to boost demand

First batch of Davao durian arrives in Australia

The Philippines and Egyptian Governorates talk trade cooperation in Fish Processing, Green Energy

Philippine exporters to benefit from the UK GSP

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