The Department of Trade and Industry is lining up tax relief and automation incentives to keep Philippine garment exporters competitive as costs rise and regional rivals move faster.
Business groups welcomed the signing of the Philippines–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), calling it a strategic milestone that broadens trade reach, strengthens investment flows, and opens new pathways for exporters and small businesses.
The Philippines is courting fresh capital from the United Arab Emirates, sharpening its pitch around energy security and digital infrastructure as talks advance with two heavyweight Emirati groups.
Fresh investment leads for the Philippines emerged on the sidelines of the Consumer Electronics Show (CES) 2026 in Las Vegas, underscoring how the country is positioning itself beyond consumer tech hype and into manufacturing, aerospace, and services growth.
Nearly 95 percent of Philippine exports to the United Arab Emirates will now enjoy preferential tariff treatment, giving Filipino manufacturers a sharp competitive edge under the newly signed Comprehensive Economic Partnership Agreement (CEPA), the Department of Trade and Industry said.