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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

MOVE GE SUBJECTS TO SENIOR HIGH – PASCUAL

The current general education (GE) subjects taken up in the first two years of college should be taken up in Grades 11 and 12 of senior high school, Trade and Industry Secretary Alfredo Pascual said. “GE subjects are very important in developing a mindset of critical thinking. And mindset is primary over skills and knowledge. Mindset […]

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Government

DTI: PH, INDONESIA INK PACT ON CREATIVE ECONOMY

The Philippines’ creative community will soon have an additional potential audience of about 280 million Indonesians as the two countries signed a Memorandum of Understanding (MOU) for Cooperation in the Development and Promotion of the Creative Economy between the Philippines and Indonesia. Philippines’ Department of Trade and Industry (DTI) Secretary Alfredo Pascual and Indonesian Minister […]

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Government

DTI BOOSTS PRICE MONITORING OF GOODS – PASCUAL

The Department of Trade and Industry (DTI) tightened its surveillance and monitoring activities to ensure compliance among commercial establishments and supermarkets amid rising prices of goods. DTI, through its Consumer Protection and Advocacy Bureau (CPAB), officially released the updated suggested retail price (SRP) for basic necessities and prime commodities (BNPCs) as well as school supplies, […]

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Government

PH EXPORT GROWS BY 1% IN JUNE 2022 – PASCUAL

Following two months of accelerated growth, the country’s export sales settled at 1.0% growth for the month of June. Philippine exports grew by $67.9M to $6.6B in June 2022, bringing cumulative exports to $38.5 B from January to June. While export values barely inched higher in June, more Philippine export commodity groups register sustained recovery […]