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The government will fast-track projects and incentives that offer “a powerful draw” to semiconductor and artificial intelligence (AI) companies to invest in the Philippines. Executive Secretary Ralph Recto said President Ferdinand Marcos Jr. has attached “a high national priority” in drawing in these high-impact industries to the country “so that Filipinos can benefit from great […]
The Department of Trade and Industry (DTI), along with other government agencies and private sector partners, celebrated a major milestone in Philippine food exports. The group held a special send-off ceremony for the very first commercial shipment of fresh Philippine mangoes to Canada. The event took place at the Philippine Airlines International Cargo Terminal. Key […]
The Philippines and Japan have broadened their agricultural partnership to include fisheries, a move expected to accelerate technology transfer, strengthen food security, and support the modernization of two sectors critical to millions of livelihoods. The enhanced Memorandum of Cooperation (MOC), signed during President Ferdinand Marcos Jr.’s state visit to Japan, upgrades a 2023 agriculture agreement […]
The Department of Agriculture (DA) is moving to help deliver on a commitment by President Ferdinand Marcos Jr. and Vietnamese President Tô Lâm to expand bilateral trade to $20 billion, up from the current $15 billion, while seeking to narrow a persistent trade gap that heavily favors Vietnam. Agriculture Secretary Francisco Tiu Laurel Jr. said […]
The Philippines formally pledged its participation in the International Horticultural Expo 2027 in Yokohama, positioning the event as both a trade platform and a showcase for climate-resilient agriculture during the State Visit of President Ferdinand Marcos Jr. to Japan. At the ceremonial contract signing held recently in the capital city of Japan, Agriculture Secretary Francisco […]
The Philippines and Japan are moving to recalibrate their agricultural partnership, with officials laying the groundwork for key agreements during a high-level meeting, ahead of the scheduled state visit of President Ferdinand Marcos Jr. to Japan later this month. Japanese Ambassador Kazuya Endo led officials in a courtesy call on Agriculture Secretary Francisco Tiu Laurel […]
The Bureau of Customs (BOC), led by Commissioner Ariel Nepomuceno, took part in the ADB: BOC-Invited Business Support Seminar hosted by the Korea Trade-Investment Promotion Agency, where the agency underscored its continuing efforts to enhance trade facilitation and strengthen partnerships with the international business community, particularly Korean investors. In his presentation, Nepomuceno highlighted the BOC’s […]
The Philippines and the Republic of Korea (ROK) elevated their economic partnership, through the signing of an upgraded Memorandum of Understanding (MOU) that strengthens cooperation in trade, investment, and economic cooperation at a time of rapid global economic shifts. The new MOU between the Department of Trade and Industry (DTI) and Korea’s Ministry of Trade, […]
With the number of unemployed Filipinos increasing to 2.26 million in December 2025 from 2.25 million in November, Senate Minority Leader Alan Peter Cayetano renewed calls for reforms that address wage issues, labor protection, and long-standing weaknesses in the country’s employment system. The latest data from the Philippine Statistics Authority (PSA) showed that unemployment edged […]
The Philippines is now officially on the MICHELIN Guide’s Most Exciting Food Destinations for 2026, calling it an ideal time to explore the country’s food scene. The Department of Tourism (DOT) welcomed the latest recognition, which places the Philippines on the list of 16 recommended food destinations and elevates the country’s culinary reputation on the […]