Department of Trade and Industry (DTI) Secretary Fred Pascual recognized the significant role of robust public and private partnerships in propelling the country’s automotive industry during the ceremonial turnover of Toyota Motor Philippines Corporation’s (TMP) presidency on 20 February 2024. He also recognized TMP and the broader automotive industry’s contribution to boosting job creation and continue reading : Pascual champions strong public-private partnerships to advance PH automotive industry

QUEZON CITY – The Department of Trade and Industry (DTI) officially announced its stellar lineup of startups and enterprises for the Incubation, Development, and Entrepreneurial Assistance (IDEA) and Accelerating Development, Valuation, and Corporate Entrepreneurship (ADVanCE) for Creatives programs last 19 February 2024 at the Launchgarage Innovation Hub, Quezon City. These two transformative programs, in alignment continue reading : DTI officially unveils startups and enterprises to join IDEA and ADVanCE for Creatives

The Department of Trade and Industry (DTI) has engaged with the Union of Local Authorities of the Philippines (ULAP) in raising awareness on the harmful effects of vape on minors, including the illegal sale of the product. The engagement covers the launch of a communication campaign on the barangay level, with the cooperation of local continue reading : DTI, ULAP to launch communication campaign increasing awareness on harmful effects of vape on minors

Japan stands as a cornerstone of foreign direct investments (FDI) for the Philippines and tangible outcomes are now seen following President Marcos’ recent visit to Japan to further solidify both countries’ vital economic partnership. On February 15, 2024, President Ferdinand R. Marcos, Jr. spearheaded the lighting-up ceremony for the Express Route of the InfiniVAN-initiated Philippine continue reading : Foreign investments actualized: PBBM inaugurates BOI-registered submarine cable project

PASAY CITY – In the recent Board meeting held at LIMA Technology Center – Special Economic Zone (LTC-SEZ) in Malvar, Batangas, the Philippine Economic Zone Authority (PEZA) reported a total of PhP 12.096 billion in investments in the first two months of 2024, marking an 18.66% surge compared to the same period last year. PEZA continue reading : PEZA investment approvals up by 18.66% for the first 2 months

Recent data indicate the significant impact of the state visits of President Ferdinand R. Marcos, Jr., together with Department Trade and Industry (DTI) Secretary Fred Pascual and other Cabinet officials, on the Philippine economy as the national government recorded a notable increase in net foreign direct investments (FDI) inflows across various sectors and a reduction continue reading : DTI: Presidential visits drive surge in FDI inflows, contribute to high employment rate

PASAY CITY – Guided by His Excellency President Ferdinand R. Marcos Jr.’s earlier pronouncement on the importance of ecozones as a tool for socioeconomic growth and development, Philippine Economic Zone Authority (PEZA) Director General Tereso O. Panga is positive that there will be an increase in medical and drug manufacturing-related investments with the creation of continue reading : PEZA supports creation of pharma ecozones