IKOT.PH
Executive Secretary Ralph Recto welcomed the Philippines’ official graduation to upper middle-income country (UMIC) status, underscoring that the milestone reflects the country’s stronger economic fundamentals under the Marcos Jr. administration and opens the door to more jobs, investments, and opportunities for every Filipino. “Hindi lang ito titulo. Ibig sabihin nito, mas lumalago ang ekonomiya natin. […]
The Philippines and Denmark have launched a pilot project aimed at modernizing the country’s offshore fishing industry, introducing advanced Danish midwater trawl technology to improve fish production, strengthen scientific fisheries management, and promote sustainable harvesting practices. The Partnership Agreement, signed by the Department of Agriculture’s Bureau of Fisheries and Aquatic Resources (BFAR) and the Danish […]
The Philippines and Egypt are stepping up efforts to expand agricultural trade and investment cooperation, with a proposed meeting between their agriculture ministers in late July expected to advance discussions on fertilizer supply, market access, and new export opportunities. Agriculture Secretary Francisco Tiu Laurel Jr. welcomed the planned talks, saying both countries have an opportunity […]
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 […]