BERLIN, GERMANY—Kicking off his working visit to Germany, Department of Trade and Industry (DTI) Secretary Fred Pascual on Monday, 3 July 2023, delivered a keynote message during the Philippine German Investment Forum where he highlighted the Philippines’ economic gains that make the country an ideal market for German exports and a strategic hub for German continue reading : Pascual: PH economy grew significantly in 2022 and Q1 2023, making it a viable investment destination
BERLIN, GERMANY–On 03 July 2023, DTI Secretary Fred Pascual, together with Board of Investments (BOI) Managing Head Ceferino Rodolfo, and Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) President Dr. Dan Lachica, met with Dr. Gunther Kegel, President of the German Electronics and Digital Industry Association (German: Verband der Elektro- und Digitalindustrie or continue reading : DTI meets Germany’s ZVEI, explores opportunities in manufacturing services outsourcing
BRUSSELS, BELGIUM–On 26 June 2023, the Philippine delegation led by Department of Trade and Industry (DTI) Secretary Fred Pascual met with European Investment Bank (EIB) Vice President Kris Peeters at the EIB representation office in Brussels. During the meeting, the EIB expressed a strong interest in participating in several key projects of the Philippines, including continue reading : DTI Chief Pascual seeks collaboration with the Europe Investment Bank for ecologically sustainable projects
TOKYO, JAPAN — Department of Trade and Industry (DTI) Secretary Fred Pascual stressed that a strengthened collaboration between ASEAN and Japan is a potential powerhouse given the already established foundation of trust over the past half-century. This he said during his remarks in the Opening Session of the ASEAN-Japan Business Week held today, 5 June continue reading : DTI Chief calls for realization of Economic Co-Creation Vision to deepen ASEAN-Japan partnership
WASHINGTON, D.C. — During the extended bilateral meeting between United States President Joe Biden and President Ferdinand R. Marcos, Jr. together with Department of Trade and Industry (DTI) Secretary Fred Pascual and other PH Cabinet officials on Monday, President Biden expressed his eagerness to strengthen economic cooperation with the Philippines. The US is one of continue reading : U.S. President Biden vows to strengthen economic cooperation with PH; to send ‘one of its kind’ trade and investment mission
Phnom Penh, Cambodia – As part of President Ferdinand R. Marcos Jr.’s visit to Cambodia, Department of Trade and Industry (DTI) Secretary Fred Pascual joined the President during the CEO roundtable meeting with Cambodia business leaders on 10 November 2022. During the meeting, President Marcos encouraged Cambodian businesses to consider business opportunities in the Philippines continue reading : PH, Cambodia express openness to connect for mutual business opportunities
The first post-pandemic Philippine business mission to Japan composed of 35 delegates from 23 companies visited Tokyo last July to scope outsourcing opportunities in game development and animation and benchmark best practices in the creative industries. The Department of Trade and Industry – Export Marketing Bureau (DTI-EMB) invited CEO members of the Game Developers Association continue reading : PH Creatives Delegation estimates projects worth USD22-M from Japan
Dubai, United Arab Emirates—Department of Trade and Industry (DTI) Secretary Ramon M. Lopez and UAE Minister of State for Financial Affairs Mohamed Bin Hadi Al Hussaini signed the Investment Promotion and Protection Agreement (IPPA) on 9 June 2022, signifying closer collaboration on trade between the two nations. Secretary Lopez stated, “The signing of the IPPA continue reading : PH and UAE sign Investment Agreement, reinforcing strong economic ties between the countries
The Philippines’ first shipment of uncooked shrimps to Australia arrived at the Port of Melbourne on 30 May 2022. The initial 20 fcl shipment of raw peeled and deveined (RPD) Vannamei shrimps was made possible by Fisher Farms, Inc (FFI), with two more shipments expected to arrive in Australia in June and July. FFI is continue reading : PH exports first shipment of uncooked shrimps to Australia
Bali, Indonesia, 18 May 2022 – ASEAN Economic Ministers (AEM) convened a face-to-face special meeting, a first since COVID-19 lockdowns started two years ago, to tackle key trade concerns of ASEAN Member States (AMS). They had extensive discussions on challenges faced by the region and that of individual countries brought about by global developments such continue reading : ASEAN Economic Ministers form united position on trade issues