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Government

INDONESIA FIRMS TO INVEST $22M IN PHILIPPINES

At the sidelines of the 43rd ASEAN Summit, the Department of Trade and Industry (DTI) organized a series of business meetings led by President Ferdinand Marcos Jr., and DTI Secretary Fred Pascual, particularly with three prominent Indonesian companies from the key sectors of agriculture, digital technology, and connectivity. The three companies were PT Pasifik Satelit […]

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Government

PASCUAL CONVENES NAT’L PRICE COUNCIL

With the aim of stabilizing market prices of basic necessities and prime commodities (BNPCs) and establishing safeguards against unjustified price increases, Trade Secretary Fred Pascual, Chairperson of the National Price Coordinating Council (NPCC), convened the Council recently. Republic Act No. 7581, or the Price Act, was formulated to protect consumers by stabilizing the prices of […]

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Government

THINK TANK RECOGNIZES PH’S DIGITAL ECONOMY THRUST

The Department of Trade and Industry (DTI) welcomed the recent results of the Network Readiness Report (NRI) released by the Portulans Institute—a think tank based in Washington DC — which reported that the Philippines improved by 12 notches, from 83rd place to 71st in its 2022 report.  The report cited the Philippines as the year’s […]

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Government

INVESTORS ARE KEY ECONOMIC PLAYERS IN PH – PASCUAL

As Board Chairman of the Philippine Economic Zone Authority (PEZA), Trade Secretary Fred Pascual praised PEZA’s top-performing economic zone developer and locator companies during the Investors’ Recognition Day recently. In its 27th year, PEZA serves as a primary government agency that handles investment promotion in the export industry and ecozone developments in the country. The Authority […]

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Government

DTI LAUNCHES ‘IKOT PALENGKE’ IN MARIKINA CITY

Trade Secretary Fred Pascual steered the pilot run of “Ikot Palengke,” to ensure that the Marikina City public market and supermarkets in the vicinity uphold fair trading and consumer protection amidst inflation and other unprecedented economic factors.  Tagged with the theme, “Tamang Timbang, Tamang Presyo Para sa Mamimiling Pilipino,” Pascual heads the monitoring task force of the […]

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Government

PASCUAL INVITES GERMAN INVESTORS TO PH

Trade Secretary Fred Pascual encouraged German companies to invest in the Philippines during a meeting organized by the German Federal Ministry of Economic Affairs and Climate Action in collaboration with the Asia-Pacific Committee of German Business and DTI-Berlin. In his remarks before a combined delegation from both government and the private sector led by Federal […]

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Government

PH EYES PARTNERSHIPS WITH US-APEC BIZ COALITION

Secretary Fred Pascual met with members of the US-APEC Business Coalition during his recent trip to Bangkok, Thailand to attend the 33rd APEC Economic Leaders’ Week. The meeting discussed, among others, the Philippines’ priorities and programs to encourage more foreign investments and boost economic growth. Pascual recognized that the United States remains among the top […]

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Government

PASCUAL INVITES FOOD, AGRICULTURE INVESTORS TO PH

Department of Trade and Industry (DTI) Secretary Fred Pascual expressed a positive outlook toward the Food Philippines Pavilion during the 5th China International Import Expo (CIIE) held recently at Shanghai, China.  “Our participation in the CIIE has become not only a practical response to an opportunity but an imperative to expand our international market, and solidify the Philippines’ […]

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Government

E-COMMERCE A TOOL FOR ECONOMIC DEV’T – PASCUAL

The Department of Trade and Industry (DTI), in partnership with the Philippine Bar Association, held the 1st eCommerce Congress recently at the Philippine International Convention Center. The event brought together government officials, members of the business sector, civil society organizations, and other stakeholders to pursue the overarching goal of strengthening the eCommerce industry in the […]

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Government

BASIC GOODS AVAILABLE IN PAENG-HIT AREAS – PASCUAL

As chairman of the National Price Coordinating Council, the Department of Trade and Industry (DTI) is coordinating with the Philippine Chamber of Food Manufacturers, composed of manufacturers and retailers of basic necessities and prime commodities (BNPC), to guarantee timely and constant replenishment of goods, particularly in areas affected by Tropical Storm Paeng. After the onslaught […]