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Senator Dick Gordon hailed the scheduled ratification of a landmark agreement between the Philippines and Indonesia that establishes a boundary in the overlapping exclusive economic zones (EEZs) of both countries. “Congratulations are in order for President Rodrigo R. Duterte and Indonesian President Joko Widodo on their announcement at the 34th ASEAN Summit in Bangkok that […]
To ensure the implementation of the iron processing plant project signed during the China visit of President Rodrigo Duterte last April, Department of Trade and Industry (DTI) Secretary Ramon Lopez engaged with Chinese investor group to discuss the details of their expansions as well as the menu of incentives provided by the Philippine government. In […]
As the nation celebrates the 121st anniversary of the proclamation of Philippine Independence, Senator Loren Legarda is urging Filipinos to unite in making sure that our country achieves inclusive, resilient and sustainable growth so that every citizen will be free from poverty. “Freedom is not only the absence of an oppressor. We have won against […]
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 […]
The Senate passed on third reading a resolution concurring in the ratification of the agreement on the boundary line that delimits the exclusive economic zones (EEZ) of the Philippines and Indonesia. With 20 affirmative votes and no negative vote, the upper chamber passed Senate Resolution 1048, which expresses concurrence in the “Agreement between the Government […]
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 […]
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 […]
The Philippines could tap Japan’s MICE market to further increase the arrivals of Japanese nationals to the country, Japan’s envoy to the country said. MICE (meetings, incentives, conferences, and exhibitions) is a market in the tourism industry which is involved in booking and facilitating seminars or other events. “MICE is perhaps one area that you […]
The Department of Trade and Industry (DTI) remains confident that it is still on track to attain export targets of $122 billion to $130 billion by 2022, even after merchandise export performance declined by 3.1 percent in the first quarter this year. “We expect a positive growth trajectory to set in in the subsequent quarters,” […]
The International organizations Committee to Protect Journalists (CPJ) and the United Nations Educational, Scientific and Cultural Organization (UNESCO) were pleased with the work being done by the Presidential Task Force on Media Security (PTFoMS). PTFoMS executive director and Undersecretary Jose Joel Sy Egco met with officials of the CPJ and UNESCO to discuss the accomplishments […]