Investment approvals by the Board of Investments (BOI) climbed sharply in February, fueled by strong activity in energy and a surge in foreign capital.
The Bureau of Customs (BOC) is rolling out reforms aimed at helping Philippine exporters navigate current challenges while positioning them for sustained long-term growth, the Export Development Council (EDC) said Sunday, April 5.
Philippine exporters and logistics players are being urged to closely track fast-moving developments affecting trade flows to the Middle East, particularly the United Arab Emirates (UAE), as authorities roll out stopgap measures to keep cargo moving despite regional disruptions.
The Philippines reaffirmed its commitment to multilateralism and pledged continued engagement with members of the World Trade Organization (WTO), even as strains persist across the global trading system.
The Department of Trade and Industry (DTI) is urging consumers to check for the Philippine Standard (PS) mark or Import Commodity Clearance (ICC) sticker when buying appliances and electronics, as part of efforts to ensure product safety and reduce fire risks.