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The country’s tourism industry will greatly benefit from private sector investments in the areas of infrastructure and public services that will enable the country to capture a larger market of foreign tourists that are all flocking to our Southeast Asian neighbors. This is according to former Senate President Migz Zubiri, also the chair of the […]
Agriculture Secretary Francisco Tiu Laurel Jr. underscored the immense potential of Philippine agriculture to investors from Brunei, emphasizing the country’s burgeoning domestic market, export prospects, abundant natural resources, and investor-friendly business environment. Accompanying President Ferdinand Marcos Jr. during his recent visit to Brunei, Tiu Laurel participated in discussions aimed at deepening economic and diplomatic ties […]
In partnership with the Australia-Philippine Business Council (APBC), the Philippine Australia Business Council (PABC), and the Australia-New Zealand Business Chamber (ANZCHAM), the Department of Trade and Industry (DTI) organized the Philippine Business Forum in Australia to showcase the robust Philippine economy to potential Australian investors. “We see opportunities for Australian businesses to invest in the […]
Department of Trade and Industry Secretary Fred Pascual reported to President Ferdinand Marcos Jr. the P14.5 billion investments gathered from various Japanese companies during the pledges update and new agreements event held at the sidelines of the ASEAN-Japan 50th year Commemorative Summit 2023. Pascual highlighted that the newly signed agreements and pledge updates will generate a […]
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 […]
As the future remains uncertain due to the COVID-19 pandemic, Senator Kiko Pangilinan urged overseas Filipino workers (OFWs) to invest in agriculture and fisheries, and help feed the country’s hungry. “Sa mahigit na isang dekada kong pagsasaka marami akong nakausap na mga OFW na ang gusto pagka-retire at bumalik sa bansa ay mag-full-time farming. Kung […]
If it isn’t rude to ask, probably one of the most dreaded questions you could ask a millennial is their net worth. Despite being the highest-earning generation, millennials seem to hold way fewer riches. Perhaps, the idea of gaining wealth and putting it to something they can call their own, isn’t as pleasing as other […]
To encourage large power consumers to invest in the electricity sector and develop the use of indigenous and renewable energy (RE) resources, Senator Win Gatchalian proposed the removal of the 100-kilowatt size limit in the installation of power generation facilities under the net metering program through Senate Bill No. 2219. Removing the 100-kilowatt cap will […]
In order to make some government assets in the tourism sector more profitable, Senator Sonny Angara said that possible collaborations with the private sector should be explored to develop their full potential. Speaking at a recent forum on public-private collaboration organized by the Ateneo School of Government, Angara said that tourism is one area where […]
The Department of Science and Technology (DOST), Department of Information and Communications Technology (DICT), and the Department of Trade and Industry (DTI) have joined forces to help startups in the country. The three departments signed a memorandum of understanding (MOU during the recent 2nd National Technology Business Incubator (TBI) Summit that the DOST-Philippine Council for […]