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Government

STRONG PHILIPPINE ECONOMY CAN OVERCOME IMPACT OF US-CHINA TRADE WAR – LOPEZ

Top government economic officials are optimistic that the Philippine economic growth momentum is strong enough to overcome the impact of trade tensions between the United States (US) and China. “There are those things that basically would re-channel some of what would have been export activities to filling up the domestic demand. It’s a good thing […]

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Government

RECTO BANK INCIDENT HAS NO EFFECT ON PH-CHINA TRADE RELATIONS – LOPEZ

The recent Recto Bank incident involving a Chinese vessel and a Philippine fishing boat has no effect on the trade relations between the two countries, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. In a press conference, Lopez said the issue involving the code of conduct in the sea is separate from business […]

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Government

PEACE, SECURITY, TRADE DISCUSSED IN DUTERTE-WIDODO MEETING – LOPEZ

President Rodrigo Duterte and Indonesian President Joko Widodo discussed continuous cooperation in securing peace and order, and to jointly fight terrorism, illegal drugs and corruption, Trade Secretary Ramon Lopez said. Duterte and Widodo held a bilateral meeting in Bangkok, Thailand. Lopez did not provide much detail on security issues but added that on the economic […]

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Government

PH IS IDEAL GEOGRAPHIC BASE FOR SOKOR MANUFACTURING COMPANIES – LOPEZ

Trade Secretary Ramon Lopez highlighted the strong macroeconomic fundamentals and the continuing growth story of the Philippines with South Korean business executives during a high-level roundtable meeting in Seoul. Lopez emphasized the opportunities South Korean companies, particularly in the manufacturing industry, may explore when locating and expanding their operations in the Philippines. The trade chief […]

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Government

MORE THAN P10M-WORTH OF PARTNERSHIPS, SALES EXPECTED FROM JAPAN – DTI

More partnerships and more than $10 million worth of potential sales are expected with the successful holding of an investment forum and business matching sessions on the second day of President Rodrigo Duterte’s visit to Japan. The Philippine Business Forum and Business Matching events were organized by the Department of Trade and Industry (DTI) and […]

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Government

DUTERTE’S JAPAN TRIP YIELDS P288-B WORTH OF BUSINESS DEALS – LOPEZ

At least P288.804 billion worth of business agreements and letters of intent were signed between the Philippines and Japan on the sidelines of President Rodrigo Duterte’s working visit to Japan. Presidential Spokesperson Salvador Panelo said the 26 signed agreements show the confidence Japanese business leaders have in investing in the Philippines. “These agreements emphasize the […]

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Government

PH, JAPAN TO INK INVESTMENT DEALS ON DUTERTE’S VISIT TO TOKYO – LOPEZ

The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]

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Government

PH, JAPAN TO INK INVESTMENT DEALS ON DUTERTE’S VISIT TO TOKYO – LOPEZ

The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]

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Politics

GUMACA CAN BE GATEWAY TO ASIA – ANGARA

Reelectionist Senator Sonny Angara said government must harness the potential of a coastal town in Quezon province as an international seaport to attract investments that will create massive employment opportunities not just for the province, but for the entire CALABARZON (Cavite, Laguna, Batangas, Rizal and Quezon) region. With its strategic location, Angara said the municipality […]

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Government

SLOVENIAN DELEGATION TO VISIT PHL FOR TRADE, BUSINESS MISSION – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez said a delegation from Slovenia will visit the Philippines for a trade and business mission in March 2019. In a statement, Lopez said the planned visit of Slovenian businessmen was bared during his meeting with Philippine Honorary Consul to Slovenia Srecko Debelak. In March 2016, government […]