Tag: DTI
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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.
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.
