The Department of Trade and Industry (DTI) on Saturday warned retailers against hoarding essential goods and engaging in profiteering, saying such illegal practices will not be tolerated as global tensions threaten to drive up oil prices and logistics costs.
The Department of Trade and Industry (DTI) is mobilizing a P7-billion financing package through the Small Business Corp. (SB Corp.) to support exporters, overseas Filipino workers (OFWs), and women-led enterprises as tensions in the Middle East threaten to ripple through global trade and employment.
The Philippine government is exploring short-term logistics relief measures to prevent a surge in the prices of basic goods as global fuel costs ripple through supply chains.
The Philippines is accelerating its free trade strategy, aiming to strengthen competitiveness and unlock new markets for local industries, Trade Secretary Cristina Roque announced at the ASEAN Business Environment Forum in Taguig City.
Mitsubishi Motors Philippines Corp. contributed P9.05 billion to customs collections at the Port of Batangas in the first seven months of 2026, ranking among the port’s top three importers and accounting for more than 6.3 percent of its total collections.
UNIQLO is expanding its Philippine retail network with three new stores and three larger locations for Fall/Winter 2026, extending its reach into Mindanao, major transport hubs, and fast-growing residential markets.
The Department of Tourism is facing a P6.02-billion funding gap for 28 infrastructure projects after the Department of Public Works and Highways shifted responsibility for financing new and continuing tourism projects to the DOT, but the proposed funding was not included in the 2027 national budget.
Green Lane investments worth a total P5.52 trillion remain stuck in pre-development, exposing the gap between faster government approvals and actual project execution, while 10 renewable energy projects worth P137.47 billion have already been dropped after their service contracts were surrendered.