PEZA sustains increase in investment approvals for Q1 2024

The 50 projects are into export manufacturing (29), IT-BPM (13), logistics (3), facilities (3), domestic market (1), and ecozone development (1). The projects are also expected to bring in US$ 616.59 Million in exports and 11,558 in employment. The majority of these projects will be in Quezon, Taguig and Makati Cities, CALABARZON, Bataan, Pampanga, Cebu, Albay, continue reading : PEZA sustains increase in investment approvals for Q1 2024

First BOI-registered shipyard and port services facility sets sail in Albuera, Leyte

ALBUERA, LEYTE—The inaugural launch of IMP Shipyard and Port Services, Inc., on 23 February at the state-of-the-art shipyard facility in the Municipality of Albuera in Leyte marks a significant milestone in the country’s thriving shipbuilding industry. The Board of Investments (BOI), recognizing the strategic importance of this project, approved IMP Shipyard as the first shipbuilding continue reading : First BOI-registered shipyard and port services facility sets sail in Albuera, Leyte

DTI destroys over P1.7M uncertified products on World Consumer Rights Day

MAKATI CITY — On 15 March, the Department of Trade and Industry (DTI) destructed uncertified products worth PhP 1,786,709.05, in line with the annual World Consumer Rights Day. Consumer Protection Group Assistant Secretary Amanda Marie F. Nograles, together with Communications Undersecretary Ed Sunico and Fair-Trade Enforcement Bureau (FTEB) Director Fhillip Sawali, led the destruction of continue reading : DTI destroys over P1.7M uncertified products on World Consumer Rights Day

US business delegates affirm PH’s advantages as an investments destination for American companies at Trade and Investment Forum

MAKATI CITY— During the PH-US Trade and Investment Forum on March 11, 2024, Philippine trade officials showcased the wealth of investment opportunities in the Philippines to the American firms that were part of the US Presidential Trade and Investment Mission that came here to enhance their investment footprint in the country. Led by the Board of continue reading : US business delegates affirm PH’s advantages as an investments destination for American companies at Trade and Investment Forum

DTI-FTEB tightens monitoring and enforcement on vape and other uncertified products

The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) ensured that businesses comply with trade and industry laws, following its ramped-up surveillance, monitoring, and enforcement activities on uncertified products in 2023. The Bureau monitored 3,718 firms in compliance with the Price Act. Likewise, the DTI enforcement unit conducted onsite monitoring and enforcement of the Law continue reading : DTI-FTEB tightens monitoring and enforcement on vape and other uncertified products

BPS-ULSE conference 2024 illuminates path for Lantern Industry Advancement

SAN FERNANDO, PAMPANGA – The Department of Trade and Industry-Bureau of Philippine Standards (DTI-BPS), in collaboration with UL Standards and Engagement (ULSE), DTI-Region 3, and DTI Pampanga, proudly hosted the BPS-ULSE Conference 2024 at the LausGroup Event Centre in San Fernando, Pampanga. Themed “Lights and Lanterns: Shining Safely to the World,” the conference aimed to continue reading : BPS-ULSE conference 2024 illuminates path for Lantern Industry Advancement

PH and EU resume FTA negotiations

On 18 March, Department of Trade and Industry (DTI) Secretary Fred Pascual and European Commission Executive Vice President and Trade Commissioner Valdis Dombrovskis announced the resumption of the Philippines-European Union Free Trade Agreement (PH-EU FTA) negotiations. The announcement marks deeper economic ties and unlocks mutual benefits for the Philippines and the EU. “Strengthening economic engagement continue reading : PH and EU resume FTA negotiations