Tag: DTI
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Electronics drive record Philippine export growth in March
Philippine exports surged to a record USD8.17 billion in March, the highest monthly level since the Philippine Statistics Authority began tracking merchandise trade in 1991. The milestone was powered largely by sustained global demand for electronics, reinforcing the sector’s dominance in the country’s export basket.
ASEAN ramps up grid, fuel pact cooperation
Southeast Asian economic ministers are accelerating regional energy cooperation, fast-tracking the ASEAN Power Grid and the ASEAN Petroleum Security Agreement (APSA) to cushion the bloc against mounting fuel and power risks.
Thai-Philippine firms expand cross-border investment ties grow
Thai and Philippine companies are accelerating two-way investments across energy, agribusiness, and food manufacturing, signaling deeper industrial integration between the two Southeast Asian economies.
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DTI pushes exporters to pursue US duty refunds
The Department of Trade and Industry (DTI) is urging Philippine exporters to coordinate closely with their US partners to recover duties collected under the US International Emergency Economic Powers Act (IEEPA), as American authorities activate a formal refund mechanism.
New Clark AI hub touted as investment magnet
A planned 4,000-acre artificial intelligence (AI)-driven industrial hub in New Clark City is being positioned as a major draw for foreign investments and a catalyst for reviving key Philippine industries, government officials said on Friday.
