Jakarta, Indonesia—The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta met PT WIR Asia, TBK to discuss the Indonesian Metaverse company’s plan to deploy one of its subsidiaries in the Philippines with an initial projected investment of USD 20 million for the year 2022. “It is encouraging continue reading : Indonesian digital reality tech company to invest USD20M in PH
PH continues to be an attractive investment destination for US companies—trade chief
Washington, D.C., United States—Department of Trade and Industry (DTI) Secretary Ramon M. Lopez stressed that the Philippines continues to be among the top attractive investment destinations for American investors during his presentation at the Philippine Trade and Investment Forum held on 20 April 2022 at the Philippine Embassy in Washington, D.C. “The series of meetings continue reading : PH continues to be an attractive investment destination for US companies—trade chief
DTI spearheads ASEAN-Hong Kong, China online workshop on understanding trade in professional services & mutual recognition arrangements (MRAs)
Manila, Philippines – The Department of Trade and Industry (DTI), through the Bureau of International Trade Relations (BITR) and the Philippine Trade and Investment Center (PTIC) Jakarta, organized the Workshop on Understanding Trade in Professional Services and Developing Mutual Recognition Arrangements (MRAs) between ASEAN and Hong Kong, China on 17 February 2022. The Workshop, which continue reading : DTI spearheads ASEAN-Hong Kong, China online workshop on understanding trade in professional services & mutual recognition arrangements (MRAs)
PH construction sector meets Emirati Counterparts in Dubai, UAE
DUBAI, UAE – Following the Philippines – United Arab Emirates High Level Construction and Related Engineering Services Roundtable Meeting on 10 February 2022, Philippine construction delegation proceeded the official business meetings with several Emirati companies – Dubai Municipality, Emaar Group, and Nakheel Group during the next several days. On 10 February 2022, the construction delegation continue reading : PH construction sector meets Emirati Counterparts in Dubai, UAE
PH-Silicon Valley startup cooperation opens opportunities to access the US and SE Asia
As part of the ongoing initiatives to promote the Philippine startup industry and connect it to the startup ecosystem in Silicon Valley for possible collaboration in the areas of training, mentorship, financing, and networking, the Philippine Consulate General in San Francisco, the Philippine Trade and Investment Center – Silicon Valley, and Dynamico Space organized its continue reading : PH-Silicon Valley startup cooperation opens opportunities to access the US and SE Asia
CIIE generates USD597.34-M in export sales for the Philippine food sector
The Center for International Trade Expositions and Missions (CITEM) celebrates another milestone for the food export industry as the Philippines’ hybrid event participation in the Chinese International Import Expo (CIIE) held last 5-10 November 2021 at the National Exhibition Center in Shanghai, China delivered over USD597.34-M worth of onsite export sales. China stands as the continue reading : CIIE generates USD597.34-M in export sales for the Philippine food sector
DTI’s Commercial Attachés gear up for PH post-pandemic boom
The Foreign Trade Service Corps (FTSC) of the Department of Trade and Industry held its 2022 virtual planning conference from 15 – 17 November 2021 as part of the group’s preparations of its work programs and activities as the Philippines prepares itself for increased economic activity post COVID-19 pandemic. Secretary Lopez reported that despite the continue reading : DTI’s Commercial Attachés gear up for PH post-pandemic boom
DTI Secretary Lopez joins ASEAN and Canada in ministerial meeting to launch ASEAN-Canada FTA negotiations
Manila—Secretary Ramon M. Lopez joined other Trade Ministers from the Association of Southeast Asian Nations (ASEAN) and the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development of Canada in announcing the launch of the ASEAN-Canada FTA (ACANFTA) negotiations at the 10th AEM-Canada Consultation held via video conference on 17 continue reading : DTI Secretary Lopez joins ASEAN and Canada in ministerial meeting to launch ASEAN-Canada FTA negotiations
Kapeng Barako conquers Switzerland
Blaser Café, one of oldest coffee traders (since 1922) and well-established coffee roaster in Switzerland, added Philippine Liberica coffee beans aka “Kapeng Barako” in their Terroir line. The term “terroir”, which originally comes from viticulture, is now also used in the coffee industry. A significant part of the character of a coffee can be traced continue reading : Kapeng Barako conquers Switzerland
Philippines invites European investments into IT-BPM sector
The country’s information technology-business processing management (IT-BPM) sector, which showed remarkable resilience in the middle of the health crisis, remains a bright spot in the post-pandemic recovery where it continues to drive growth, create future-ready jobs, and generate positive multiplier effects in the local economy, government officials and industry representatives said during a webinar on continue reading : Philippines invites European investments into IT-BPM sector