Tag: DTI

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DTI Opens P2B EV Loans to TNVS

The Department of Trade and Industry (DTI) has opened its P2-billion e-Transport Loan Program to transport network vehicle service (TNVS) drivers and operators shifting to electric vehicles (EVs), widening access to affordable green financing in the ride-hailing sector.

Transport operators gain access to P3M EV loans

Licensed transport operators and drivers will soon be able to access financing of up to P3 million per unit as they transition from traditional vehicles to electric alternatives, Trade Secretary and Small Business Corp. (SBCorp) Chair Cristina Roque said Friday.

DTI extends price freeze as fuel costs ease

Department of Trade and Industry (DTI) has extended the price freeze on basic necessities and prime commodities (BNPCs) until May 10, citing easing fuel costs that continue to help stabilize consumer prices.

DTI pushes VinFast to build Philippine EV plant

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

DTI sees strong demand for P4-B MSME fund

Trade Secretary Cristina Roque reported strong early demand for the government’s P4-billion financing program for micro, small and medium enterprises (MSMEs), signaling growing business confidence and urgent financing needs.

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ICTSI secures MICT operations for another 25 years

International Container Terminal Services, Inc. (ICTSI) has extended its contract to run the Manila International Container Terminal (MICT) for another 25 years, keeping operations until May 2063.

Philippine exports hit record as electronics drive surge

Philippine merchandise exports surged to a record USD8.8 billion in June, the highest monthly level since official records began in 1991, fueled by booming electronics shipments and strengthening global demand for advanced manufacturing products.

Malampaya gas deal to cut power costs by September

Prime Energy will begin supplying indigenous Malampaya natural gas to the 1,200-megawatt Ilijan Power Plant in September, a move expected to lower electricity costs by reducing the plant's dependence on more expensive imported fuel.

Ayala Land leads Philippine winners at regional HR awards

Ayala Land Inc. emerged as the biggest Philippine winner at the 2026 Human Capital Awards Southeast Asia, reflecting the growing role of talent strategy and workplace innovation as competitive advantages beyond traditional business metrics.

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