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Philippine merchandise exports continued their upward trajectory in July 2026, with January to July recording the highest export value for the first seven months of a year since 1991. Marking 19 consecutive months of expansion, the sustained growth builds on the Marcos Jr. administration’s continued push to expand the country’s global trade footprint. It follows […]
The Philippines is stepping up its bid to become a regional production and services hub for Singapore companies that are diversifying their operations and building more resilient supply chains across Southeast Asia. During a networking session with the Singapore Business Federation (SBF) leadership, Department of Trade and Industry (DTI) Secretary Cristina Roque presented investment opportunities […]
Filipino creatives, creative enterprises, and micro, small, and medium enterprises (MSMEs) will receive targeted government support, stronger market access, and better pathways to protect and commercialize their original work following the launch of the Philippine Creative Ecosystem National Diagnostic Report at the Fairmont Makati. The landmark report—jointly launched by the Department of Trade and Industry […]
The Philippines is set to gain 3,000 new jobs and stronger participation in global semiconductor and electronic supply chains as Japanese firm MinebeaMitsumi Inc. presents a P25 billion expansion of its local operations. President Ferdinand Marcos Jr. discussed MinebeaMitsumi’s expansion during a meeting with MinebeaMitsumi Representative Director, Chairman, and CEO Yoshihisa Kainuma held on the […]
Amid the ongoing Middle East conflict, manufacturers of basic necessities and prime commodities have confirmed that they can maintain current prices for the next 30 days, with some able to do so for up to 60 days. This is based on a meeting called by Trade Secretary Cristina Roque attended by a total 21 manufacturers […]
To further strengthen the country’s economic resilience amid unpredictable global events, the Department of Trade and Industry (DTI) has dedicated P2 billion from the DTI-Small Business Corporation (DTI-SBCorp) for the newly established OFW Negosyo Fund. This initiative, which OFWs started availing since March 12, 2026, provides expanded financial assistance to Overseas Filipino Workers (OFWs), empowering […]
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, […]
The Department of Trade and Industry (DTI) initiated a preliminary investigation to determine whether increased imports of ceramic tiles are causing or threatening to cause serious injury to the domestic industry. The investigation, based on the petition by the Ceramic Manufacturers’ Association, Inc., covers imported ceramic tiles classified under Harmonized System (HS) Codes 2017/2022, subheadings […]
The Philippine export sector extended its growth momentum to 13 consecutive months, with total earnings reaching $7.1 billion in January 2026, up from $6.6 billion in the same month last year. The 7.9% year-on-year increase marked the longest expansion in over a year and the highest export level since October 2025. Preliminary data from the […]
Rising international demand for authentic Asian flavors, natural food colorants, and diverse food applications drove the Philippines to generate $3.06 million in ube and ube-based product exports in 2025. This growth highlights the crop’s transition from a local staple to a premium export ingredient in key markets, including the Middle East, the United States, the […]