Tag: DTI
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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.
Philippines eyes $110B chip exports amid funding push
The Department of Trade and Industry (DTI), through the Board of Investments (BOI), has unveiled a roadmap to raise the Philippines’ semiconductor and electronics exports to USD110 billion annually by 2030, as it seeks to strengthen the country’s position in the global supply chain.
DTI pivots to EV incentives amid fuel risks
The Department of Trade and Industry (DTI) has dropped its proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program, pivoting instead to an...
Nationwide price freeze on basic goods extended
Manufacturers have agreed to extend the nationwide price freeze on basic necessities and prime commodities (BNPCs) until April 30, following a late Monday meeting with the Department of Trade and Industry (DTI). The move pushes back the original April 15 deadline, providing temporary relief to consumers amid rising costs.
