FTAs provide certainty amid health, economic crisis Department of Trade and Industry (DTI) Secretary Ramon Lopez has underscored the benefits of free trade agreements (FTAs) amid unstable conditions brought by the global health and economic crisis. 2 hyperscalers from US, China to locate in PH this year At least two hyperscale companies will locate in the Philippines this year, Department of Trade and Industry (DTI) Undersecretary Ceferino Rodolfo said Wednesday. PH, Korea eye to sign FTA in October An official of the Department of Trade and Industry (DTI) said on Thursday the Philippines and South Korea are now finalizing the…

Philippines to participate in the 6th Belt and Road Summit Following the success of the Belt and Road Summit 2020, the Philippine Trade and Investment Center Hong Kong (PTIC-HK), together with Philippine Consulate General Hong Kong (PCGHK) and the Board of Investments (BOI), will once again join the 6th Belt and Road Summit (BRS) in Hong Kong from 1-2 September 2021 to deepen collaboration between the Philippines and countries along the Belt and Road. Philippines makes compelling case to attract Singapore investors and partners The Singapore Business Federation, supported by the Philippine Embassy in Singapore, urged Singaporean investors to explore…

Agri-business tops trade amid pandemic: Cebu biz leaders Agriculture-based businesses topped other enterprises seen to have continuously led micro, small and medium (SMEs) ventures toward success in the new normal, Cebu trade leaders said on Thursday. Pork import hikes to slash prices for consumers The Bureau of Customs (BOC) has reported a spike in pork imports to 76 million kilograms (kg) from April to early June, following the issuance by President Rodrigo Duterte of a series of executive orders (EOs) cutting tariffs on incoming swine meat shipments and increasing the allowable import volumes for a temporary period to help stabilize…

DTI-BOI reports a rebound in manufacturing output The Department of Trade and Industry – Board of Investments (DTI-BOI) reported that manufacturing output has rebounded, based on recent data released by the Philippine Statistics Authority (PSA) and IHS-Markit Japanese pharma firms being eyed to invest in the Philippines The Department of Trade and Industry – the Board of Investments (DTI-BOI) is eyeing some Japanese pharmaceutical firms that will invest in the Philippines. This was disclosed by Trade Undersecretary and BOI Managing Head Ceferino S. Rodolfo during the Philippine Pharmaceutical Industry Updates for Japan Webinar, organized by BOI and the Foreign Trade…

Filipino fruits arrive in Hong Kong SAR The small Filipino business exporter, Genco Fields Fruits and Vegetables, was assisted by the Philippine Trade and Investment Center (PTIC) in Hong Kong SAR with the help of the Philippine Consulate General in Hong Kong SAR and the Office of the Agriculture Counsellor of the Philippines in Beijing. Negosyo Center Sampaloc Tanay holds basic photo editing and photography for MSMEs Micro, small, and medium enterprises  participated in the first-ever virtual seminar on Basic Photo Editing and Photography last 30 April 2021 via Facebook Live and Zoom. This webinar was in partnership with the…

  WTO predicts strong but uneven global trade upturn after pandemic The World Trade Organization (WTO) said on Wednesday global trade was primed for a strong but uneven recovery, forecasting an increase of 8 percent in world merchandise trade this year Soccsksargen gets 1,285 Australian-bred milking goats The thriving dairy industry in Region 12 (Soccsksargen) has received a major boost with the delivery here on Monday night of some 1,285 dairy goats from Australia. Solon urges PRRD to reconsider reduced tariff on pork imports The chairman of the House Ways and Means Committee on Thursday urged President Rodrigo Duterte to…