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Department of Trade and Industry (DTI) Secretary Cristina Roque laid out strategies to strengthen the United Kingdom and the Philippines’ (UK-PH) economic ties at the “Forecasting 2025: UK-PH Economic Perspectives” recently. These initiatives are central to the DTI’s broader campaign to establish the Philippines as a leading investment hub. “We celebrate another year of fruitful […]
Senator Migz Zubiri has sponsored a measure amending the Freeport Area of Bataan Act to further strengthen the Authority of the Freeport Area of Bataan (AFAB), emphasizing that enhancing its powers will pave the way for more investments and job opportunities while promoting ease of doing business. Zubiri, who chairs the Senate Committee on Economic […]
National Unity Party (NUP) president LRay Villafuerte sees the development of green power—particularly of wind, solar and other variable renewable energy (VRE) sources—as a new magnet for investments, more so now when the Marcos administration has put on the fast track the country’s transition from fossil fuel to clean and sustainable energy. “VRE development promises […]
With only three session days before Christmas break, the Senate approved on third and final reading several measures which aim to improve the country’s prospect as an investment destination, spur economic growth, and create jobs. Also passed were local bills aimed at protecting the country’s seascapes and landscapes nationwide. The Senate adjourns session on December […]
Education Secretary Sonny Angara emphasized the importance of investing and prioritizing Early Childhood Care and Development (ECCD) during the recent World Bank Philippines Economic Update Development Dialogue. “We need to invest more in the early years of our people to ensure that every Filipino child born today has the chance to dream, to learn, to […]
The Department of Trade and Industry (DTI), through the Philippine Board of Investments (BOI), has approved a total of P1.58 trillion in investments from January to November 2024. This impressive performance brings the BOI closer to its P1.6 trillion investment approvals target for 2024, with a dramatic 44% increase from P1.101 trillion during the same […]
Speaker Martin Romualdez expressed strong optimism for increased foreign investments in the Philippines following President Ferdinand Marcos Jr.’s compelling presentation of the country as an ideal investment destination. In his address before the Association of Southeast Asian Nations (ASEAN) Business and Investment Summit in Laos, Marcos outlined the Philippines’ strategic position as a growing economy […]
“The Philippine government is creating a business environment that promotes and encourages foreign investment. We are enacting recent policy reforms, that strategically broaden the participation of foreign companies in key sectors of the Philippine economy,” Department of Trade and Industry (DTI) Secretary Fred Pascual said during a meeting with Sojitz Corporation recently. Pascual, along with […]
On the sidelines of the Qatar Economic Forum, Department of Trade and Industry (DTI) Secretary Fred Pascual met with Sheikh Mohammed Bin Hamad Bin Qassim Al-Abdullah Al-Thani of the Qatar Ministry of Commerce and Industry (MOCI). The two parties agreed to finalize the ratification process of the Philippines-Qatar Investment Promotion and Protection Agreement (IPPA) within […]
The Department of Agriculture will pour more investments to agriculture as part of the national government’s support to local farmers and fishermen. During a visit to the Sentrong Pamilihan ng mga Produktong Agrikultural in Sariaya, Quezon, Agriculture Secretary Francisco Tiu Laurel, Jr. stressed the importance of extending support to farmers from production to marketing and […]