Categories
Government

DTI: GOV’T TO BACK AEROSPACE, DEFENSE INDUSTRIES

The Philippine delegation, led by President Ferdinand Marcos Jr. and Department of Trade and Industry (DTI) Secretary Fred Pascual, highlighted the rapid expansion of the country’s aerospace industry in Washington, D.C. They cited the success of Collins Aerospace Philippines, a division of (RTX) and a PEZA registered company, as a testament to the industry’s successful […]

Categories
Government

PASCUAL INVITES AUSTRALIAN BIZ TO INVEST IN PH

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 […]

Categories
Government

PH RATIFIES WTO FISHERIES SUBSIDIES PACT — DTI

In time for the 13th WTO Ministerial Conference (MC13) in Abu Dhabi, United Arab Emirates, the Philippines has deposited its instrument of acceptance of the WTO Agreement on Fisheries Subsidies (FSA). The Agreement is a crucial step towards curbing harmful subsidies and safeguarding the world’s depleting fish stocks. The Agreement is a crucial step towards curbing […]

Categories
Government

PBBM FOREIGN VISITS REAP $14B INVESTMENTS FOR PH

Investment pledges from foreign firms during the presidential visits over the past 16 months are now being actualized substantively and tangibly, boosting the position of the Philippines as a premier investment destination for foreign businesses in Asia, according to the Department of Trade and Industry (DTI). Notably, the presidential visits of President Ferdinand Marcos Jr. […]

Categories
Government

DTI AFFIRMS SUPPORT FOR STRONG INVESTMENTS SECTOR

Department of Trade and Industry (DTI) Secretary Fred Pascual affirmed the Department’s strong efforts to create an enabling environment for investments during the inauguration of the Brother Industries Philippines Inc.’s third factory expansion in Batangas recently. “We are actively showcasing our skilled workforce, strategic location, and generous investment incentives to the world, tailoring opportunities to […]

Categories
Government

PASCUAL EYES PH-VIETNAM CROSS-BORDER COLLABORATION

Department of Trade and Industry (DTI) Secretary Fred Pascual called for deeper economic collaboration and stronger investment deal between the Philippines and Vietnam during the welcome networking reception for the Philippine business delegation at the sidelines of the Presidential visit in Vietnam. In his address, Pascual welcomed business leaders as he emphasized the shared economic […]

Categories
Government

DTI: PH REAPS P14.5B INVESTMENT PLEDGES FROM JAPAN

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 […]

Categories
Politics

PASCUAL CHAMPIONS PH-JAPAN ECONOMIC TIES

Department of Trade and Industry (DTI) Secretary Fred Pascual advanced mutually beneficial economic collaborations between the Philippines and Japan at the ASEAN-Japan Economic Co-Creation held at the Roppongi Academy Hills recently. Pascual presented the Philippines as a robust economic partner, citing its young workforce equipped with skills for the industry 4.0 economy.  The trade chief […]

Categories
Government

DTI LAUDS SIGNING OF INTERNET TRANSACTION ACT

President Ferdinand Marcos Jr. has signed R.A 11967 titled “An Act Protecting Consumers and Merchants Engaged in lnternet Transactions, creating for this purpose the Electronic Commerce Bureau,” otherwise known as the Internet Transactions Act (ITA). The new law aims to boost and safeguard e-commerce transactions in the country and is a part of the administration’s legislative […]

Categories
Government

PASCUAL CHAMPIONS SUSTAINABLE TECHNOLOGY

Department of Trade and Industry (DTI) Secretary Fred Pascual underscored the Department’s commitment to securing investments that advance President Ferdinand Marcos Jr.’s eight-point socio economic agenda, during the signing of the investment agreement between the National Development Company (NDC) and the Davao Thermo Biotech Corporation (DTBC) held in Matina Aplaya, Davao City. Pascual emphasized that […]