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Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairperson Ramon Lopez announced a P1.25T project approval target for the agency in 2021, following total approved investments of P1.02T last year. “We are working hard for a V-shaped Philippine economic recovery in 2021 and are hence targeting the original 2020 pre-pandemic goal for […]
The Philippine Board of Investments (BOI) launched a new international investment promotion brand campaign, “Make It Happen in the Philippines” which aims to attract investment to the Philippines by highlighting its potential as an ideal business destination in Asia. The campaign highlights the country’s highly skilled and resilient human resource that is elevated by a […]
With the end of the coronavirus disease (COVID-19) pandemic expected to further stimulate the mad rush to grab investments going out of China, Senator Dick Gordon stressed the need to expedite the construction of the international airport proposed to be located in Bulacan to make the country more attractive to investors. Gordon made the statement […]
The proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) measure should attract big-ticket investments in agriculture and agro-industry, said Senator Kiko Pangilinan. “This new CREATE measure should be able to support and promote more investments in farming, fishing, and other related industries. At napakaraming opportunity dito,” Pangilinan said, noting that only the agriculture […]
“Investment in agriculture can help revive food production and create jobs following a crisis and enable rural communities to recover.” According to Agriculture Secretary William Dar, the government must continue to partner with local government units and the private sector, to increase food sufficiency levels, and modernize and industrialize the country’s agri-fishery sector. Emphasizing the […]
Deputy Speaker Lray Villafuerte is calling on the Department of Trade and Industry (DTI) and the Board of Investments (BOI) to work double-time in conducting roadshows abroad to attract foreign investors set on leaving China to relocate to the Philippines. Villafuerte at the same time called on the Senate to approve the state economic team’s modified version of the […]
Amid the economic crisis brought about by the coronavirus 2019 (COVID-19) pandemic, Senator Dick Gordon is urging the government to take advantage of the current situation to bring in more opportunities and allow the country to recover and sustain its economic transformation. “Our government should come up with a feasible masterplan and adopt a whole-of-government […]
Exports by the Philippines reached a record-high of $70.3 billion in 2019 from $69.3 last year despite external headwinds from the global trade policy uncertainties, geopolitical tensions, and country-specific challenges, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. “The relatively strong export performance of the Philippines transpired amid DTI’s strong efforts in attracting […]
The Philippines will continue to push for stronger bilateral business and economic relations with China following the fifth visit of President Rodrigo Duterte to Beijing last month. This was the assurance given by Department of Trade and Industry (DTI) Secretary Ramon Lopez during the PH-China Business Forum, which was attended by a 272-business delegation from […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez has committed to help the Hinduja Group of Companies find a local partner for their plan to manufacture buses for the Philippines government’s Public Utility Vehicle (PUV) Modernization Program, should they decide on a partnership model for the business venture. In a meeting with DTI recently, […]