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Government

INDONESIA FIRMS TO INVEST $22M IN PHILIPPINES

At the sidelines of the 43rd ASEAN Summit, the Department of Trade and Industry (DTI) organized a series of business meetings led by President Ferdinand Marcos Jr., and DTI Secretary Fred Pascual, particularly with three prominent Indonesian companies from the key sectors of agriculture, digital technology, and connectivity. The three companies were PT Pasifik Satelit […]

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Politics

HOUSE MEMBERS HOST DIALOGUE WITH INDONESIAN SOLONS

The House of Representatives hosted a dialogue with the Inter-Parliamentary Cooperation Committee members of the House of Regional Representatives of the Republic of Indonesia. The Philippine contingent consisted of Committee on Inter-Parliamentary Relations and Diplomacy Vice Chairpersons Representatives Lorna Silverio and Janice Salimbangon, Committee on Foreign Affairs Chairperson Representative Ma. Rachel Arenas, Committee on Overseas […]

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Government

PH, INDONESIA EYE MORE COOPERATION ON TOURISM

Tourism Secretary Christina Garcia Frasco lauded Indonesia’s “excellent hosting” of the ASEAN Tourism Forum 2023, the biggest tourism gathering of industry leaders and professionals from the Southeast Asian nations this year. Frasco made the statement during the bilateral meeting with her counterpart, Minister Sandiaga Salahuddin Uno of Indonesia’s Ministry of Tourism and Creative Economy recently. […]

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Government

MARCOS STATE VISITS YIELD $14-B INVESTMENTS, JOBS

The $14.36 billion (P804.78 billion) in investments secured from the state visits to Indonesia and Singapore is estimated to generate more than 22,000 jobs in the Philippines, Department of Trade and Industry (DTI) Secretary Alfredo Pascual. Pascual so presided over two roundtable meetings with select business associations and chambers of the two countries. In these […]

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Politics

MARCOS LAUDED FOR ‘HIGHLY REWARDING’ STATE VISITS

The back-to-back state visits of President Marcos to Indonesia and Singapore were “highly rewarding” debut official trips that yielded better-than-expected outcomes, including almost  P840 billion worth of combined investment pledges projected to create more than 15,000 jobs for Filipino workers, and deepened our ties with these two long-time Southeast Asian partners that spruced up his standing […]

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Government

DTI: PH, INDONESIA INK PACT ON CREATIVE ECONOMY

The Philippines’ creative community will soon have an additional potential audience of about 280 million Indonesians as the two countries signed a Memorandum of Understanding (MOU) for Cooperation in the Development and Promotion of the Creative Economy between the Philippines and Indonesia. Philippines’ Department of Trade and Industry (DTI) Secretary Alfredo Pascual and Indonesian Minister […]

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Government

DTI, ANDALIN, TO EXPAND PH EXPORTS TO INDONESIA

The Philippine Department of Trade and Industry- Export Marketing Bureau (DTI-EMB) partners with Andalin to boost trade and business-to-business (B2B) interactions between the Philippines and Indonesia. A memorandum of understanding (MoU) was signed by DTI and Andalin recently. The signing was led by Supervising Assistant Secretary of DTI-EMB Glenn Peñaranda and Andalin COO Saut Tambunan. […]

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Politics

WIDODO AWARDS FOR AFP PERSONNEL GETS SENATE OK

Senator Ronald dela Rosa said the initiative of Indonesian President Joko Widodo to confer awards to security and military officials of the Philippines will boost the two countries’ friendship. This, after the Senate adopted House Concurrent Resolution No. 23 granting consent to Department of National Defense (DND) Secretary Delfin Lorenzana, former Armed Forces of the […]

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Government

INDONESIAN METAVERSE COMPANY TO INVEST $20M IN PH

The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta met PT WIR Asia, TBK to discuss a plan by an Indonesia company active in the metaverse and augmented reality to deploy one of its subsidiaries in the Philippines with an initial projected investment of $20 million for […]

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Politics

GATCHALIAN: PREPARE FOR INDONESIA COAL EXPORT BAN

Senator Win Gatchalian called on the Department of Energy (DOE) to prepare for contingency measures to ensure sufficient coal supply and avert possible higher coal prices following the Indonesian government’s decision to ban its coal exports this month. The ban causes concerns on the country’s supply of coal for power plants which, if insufficient, could […]