Tag: DTI

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Ayala, JG Summit boost DTI logistics network for MSMEs

Ayala Corp. and JG Summit Holdings Inc. have joined the Department of Trade and Industry's (DTI) expanding Supply Chain and Logistics Center (SCLC), strengthening a public-private initiative designed to give micro, small and medium enterprises (MSMEs) easier access to logistics services and supply chain expertise.

DTI touts P12.9B MSME loan fund, export push

The Department of Trade and Industry (DTI) is sweetening the deal for micro, small and medium enterprises (MSMEs), pairing a P12.9B loan fund with stronger export support as it pushes more Filipino businesses to scale up and compete globally.

Logistics reform targets costs, congestion, competitiveness

The government is seeking public feedback on a sweeping logistics reform that could reshape how goods move across the Philippines, tackling high shipping costs and chronic port congestion that have long weighed on businesses and supply chains.

DTI widens export push amid double-digit growth

The Department of Trade and Industry (DTI) is stepping up efforts to expand market access for Philippine exporters as merchandise shipments sustained double-digit growth in the first five months of 2026, signaling resilient external demand despite global trade uncertainties.

Davao del Norte cacao returns to export market after decade

Davao del Norte has reclaimed its place in the global cacao trade, exporting premium fermented cacao beans for the first time in more than a decade in a breakthrough that could open new opportunities for Philippine farmers in high-value overseas markets.

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Eala topples another champion, extends Washington run

Someone should probably alert defending champions.

Bill paves way for alternarive data use and new consumer body to boost financial inclusion

Lawmakers have filed a measure seeking to create the country’s first formal system for consumer-controlled financial data sharing, alongside a new independent commission, to help millions of Filipinos prove their credit standing and gain easier access to financial services.

GoTyme ties up with PSA for National ID system link

GoTyme Bank has partnered with the Philippine Statistics Authority to become one of the first local banks to connect directly to the National ID Authentication Services. This integration lets customers open accounts in as fast as five minutes without scanning or uploading physical papers. Instead, they may use their PhilSys ID QR code, card number, or basic name and birth details for real-time, official checks. The move removes common hurdles that keep many Filipinos from accessing banking services, supporting the bank’s goal of easier, more inclusive finance for all.

YGC unit taps Lopez Group for Batangas-Laguna exploration project

Maibarara Geothermal Inc. (MGI) has signed a deal with Lopez Group affiliate ThermaPrime Drilling Corp. to carry out exploratory drilling across Batangas and Laguna from 2026 to 2027. Led by the Yuchengco group, MGI said the work will check untapped areas for possible new geothermal power facilities. The project will involve up to four wells drilled to depths of up to 3,000 meters, with operations set to begin in October this year and finish by May 2027. MGI currently runs a 32-megawatt geothermal plant in Batangas.

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