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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 […]
The country’s largest steel producer, SteelAsia Manufacturing Corp., is partnering with Chinese firms Hebei Iron and Steel (HBIS) Group and Huili Investment Fund Management Co., Ltd. to build an integrated steel complex in Mindanao. The three companies signed a memorandum of understanding (MOU) for the construction of a $4.4 billion Philippine Iron and Steel Project […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez and Puyat Steel Corporation chairman Edgardo Reyes are looking to expand the country’s steel manufacturing base as a way to answer the country’s growing demand for steel products and reduce the trade deficit through import substitution. During the meeting with DTI, Reyes reported that Puyat Steel […]