Latest News
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IFEX PHL 2018: Agro-biodiversity touted as a viable business
July 31, 201831 July 2018 Published also in Business Mirror AMONG the many palatable attractions at the 12th edition of the International Food Exhibition (IFEX) Philippines was the pavilion of the project called “Dynamic Conservation and Sustainable Use of Agro-Biodiversity in the Traditional Agro-Ecosystems of the Philippines [Agro-Biodiveristy Project].” A collaboration between…Read More -
BOI FDI up 165% in H1
July 31, 201828 July 2018 Published also in Business Mirror TRADE Secretary and Board of Investments (BOI) Chairman Ramon M. Lopez announced a 165-percent increase in foreign direct investments (FDI) in the first semester of the year, contributing to the 27-percent increase in overall approved investments for the period. FDI approved by…Read More -
CanCham: More opportunities abound in key Canadian areas for Filipino exporters
July 31, 201828 July 2018 By Roderick Abad Published also in Business Mirror FOR local products to penetrate Canada even further, the Philippines needs to improve its trade relation with this North American nation, said a top executive of a Canadian business group in the country. “Historically, the Philippines has [significantly] traded…Read More -
SB Corp to focus on MSME finance, looks to release P1.7-B for P3 in 2018
July 30, 2018The Small Business Corporation, an attached agency of the Department of Trade and Industy, will now focus on lending after Executive Order No. 58 was signed by President Rodrigo Duterte on July 23, which instructs the transfer of the guarantee functions to the Philexim. The EO 58 approved the merger…Read More -
PH’s investment roadshow in Japan eyes stronger business alliance with manufacturing, construction companies
July 30, 2018Department of Trade and Industry (DTI) Secretary Ramon Lopez led the Philippine (PH) delegation to Japan (JP) for the 2018 Investment Roadshow that aims to encourage leading Japanese companies as well as small and medium enterprises – involved in auto parts, electronics, manufacturing, and shipbuilding — to invest in PH…Read More -
PH leaps to 60th spot in Logistics Performance Index
July 30, 2018The Philippines continues to improve its global ranking with the latest World Bank Logistics Performance Index (LPI) 2018 edition. From 71st spot in 2016, the country leaped to 60th among 160 countries ranked according to their trade logistics performance. “We are now reaping the fruits of the government’s reforms and…Read More -
DTI urges Philippine Competition Commission to review foreign shipping charges – Excessive shipping costs undermines competitiveness of local traders
July 27, 2018The Department of Trade and Industry is requesting the Philippine Competition Commission to look into excessive and unreasonable charges imposed by foreign shipping lines to importers and exporters, amid the growing concerns of business community about these surcharges which continue to undermine the competitiveness of local industries. “We are requesting…Read More -
ARTA sets its sights on streamlining government process on Starting a Business: End-to-end registration and unified form underway
July 27, 2018The Department of Trade and Industry, as the temporary secretariat of Anti-Red Tape Authority (ARTA) is now focusing on streamlining government procedures for business registration by developing an end-to-end business registration and unified application form, heeding the President’s directive to implement Republic Act 11032, also known as the Ease of Doing…Read More -
DTI forfeits surety bond of violating cement importers
July 26, 2018The Department of Trade and Industry (DTI) has forfeited the surety bonds of some importers for violations of government rules, regulations, and standards that affect consumer safety. Violations committed by importers are mostly on selling of cement without any Import Commodity Clearance (ICC) or Statement of Confirmation (SOC). The SOC…Read More -
DTI supports award-winning Malagos Chocolates at Specialty and Fine Food Asia 2018
July 25, 2018DTI through PTIC Singapore extended its support to internationally-awarded Malagos Chocolates of Davao City during its participation at the recently concluded Specialty and Fine Food Asia 2018 held at Suntec Convention Center in Singapore. As an event highlight, Primefood Marketing, the exclusive distributor of the Malagos Chocolates in Singapore organized…Read More
