READ | ASEAN Senior Economic Officials eye economic recovery, digital transformation, and sustainable economic growth as main thrusts for 2023 ASEAN economic deliverables

[DTI New Release] Semarang, Indonesia – Senior economic officials from the 10-member states of the Association of Southeast Asian Nations (ASEAN) convened the First Meeting of the ASEAN Senior Economic Officials on 16-17 January 2023 in Semarang, Indonesia. The Philippines was represented by DTI-Industry Development and Trade Policy Group (DTI-IDTPG) Assistant Secretary Allan Gepty.  Under the theme of …

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Bean There, Done That: Exporting to the European Union

Philippine chocolate firm exports to the EU  AURO chocolates, a Filipino company, is one of currently, only 24 companies in the country who are able to export products to the European Union tariff-free under the EU’s Generalized System of Preferences Plus (GSP+).  New beginnings  It was in 2013, while finishing her university degree in Chicago, …

SHOP LOCAL AT THE BAGSAKAN DUTY FREE FIESTA CORNER UNTIL DECEMBER 30!

BAGSAKAN at DUTY FREE FIESTA CORNER. A ribbon cutting ceremony marked the official opening of the DTI Bagsakan at Duty Free FiestaMall in time for the BER months.  Cutting the ribbon are DFPC Chief Operating Officer Vicente Pelagio Angala and DTI-BDTP Director Marievic Bonoan  This holiday season, choose to shop local at the Department of Trade …

DTI Philippines and Singapore’s INCIT commit to promote innovation and digital transformation

Singapore – The Department of Trade and Industry (DTI) signed a Memorandum of Understanding (MOU) with International Centre for Industrial Transformation (INCIT) on 19 October 2022 to cooperate and collaborate in promoting innovation and digital transformation.  During the 2nd day of the 3-day Industrial Transformation ASIA-PACIFIC 2022 (ITAP 2022) at Singapore EXPO, DTI formalized the …

TRADE CHIEF GRANTS PHP2.3M TO THE PHILIPPINES CERAMICS ARTS AND CRAFT CENTER IN BICOL, PUSHES FOR MSME DEVELOPMENT

LEGAZPI, ALBAY—At the sidelines of the REBOUND: The Bicol Micro, Small, and Medium Enterprise (MSME) Summit held on 21 October 2022, DTI Secretary Fred Pascual spearheaded the awarding of PHP2.3 million worth of assistance to Putsan Ceramics Manufacturers Association, Inc. (PCMAI) through the Department of Trade and Industry Regional Office in Albay.  “When given timely …

FAME+ Market Days returns this October

FAME+ Market Days, an immersive online event organized by the Center for International Trade Expositions and Missions (CITEM), the export promotions arm of the Department of Trade and Industry (DTI) is holding its second edition on October 20 – 21, 2022 live via Hopin.  This year’s two-day Philippine sourcing festival is expected to be more …

Likha ng Central Luzon trade fair returns to SM Megamall

City of San Fernando – A total of 143 Micro, Small and Medium Enterprises from the region will have a chance to showcase their best products during the Likha ng Central Luzon (LCL) 2022 Trade Fair to be held at the Megatrade Hall 2, SM Megamall, Mandaluyong City from October 26-30, 2022.   Now on its …

This is what you can expect from the Philippines at Maison & Objet 2022

[DTI News Release] Organic design that’s filled with the liveliness of the Filipino spirit It’s that time of the year once again. The much-awaited Maison&Objet in Paris is upon us, and the Center for International Trade Expositions and Missions (CITEM) is bringing FAME+ exhibitors to the world stage online.   34 Philippine brands will be showcased …

LOOK | Trade Secretary Alfredo Pascual pushed for trade facilitation at the 54th ASEAN Economic Ministers’ (AEM) Meeting

[DTI News Release] SIEM REAP, CAMBODIA—The 54th ASEAN Economic Ministers' Meeting was held on 13-15 September 2022 in Siem Reap, Cambodia. The meeting was attended by ASEAN economic ministers and senior officials, including DTI Secretary Fred Pascual. Secretary Pascual called for ASEAN Member States (AMS) to strive for a smoother implementation of the ASEAN Trade …

PH export sales drop by 4.2% in July, breaking 16 months of sustained export growth

MANILA—Philippine exports dropped to USD6.2 billion in July 2022, following the second month of decline in electronics exports, based on the preliminary data from the Philippine Statistics Authority (PSA).   Electronics exports declined further by 7.9% in July 2022, USD291.5 million lower as compared to July 2021. Despite the decline, the electronics sector remains the …