Tag: DTI

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DTI pitches Philippines as Vietnam investors’ gateway

The Department of Trade and Industry is positioning the Philippines as a springboard for Vietnamese enterprises, urging them to tap investment and franchising opportunities as gateways into the broader Southeast Asian market.

Thai beverage brands step up Philippine expansion

Thai beverage giants are stepping up their push into the Philippines, betting on surging demand for specialty drinks and globally inspired lifestyle concepts among Filipino consumers.

Banks, DTI forge startup growth pact

Global financial institutions are deepening ties with the Department of Trade and Industry (DTI) to accelerate Philippine startup growth and expand innovation links across ASEAN and Japan.

2GO, DTI unite to strengthen supply

Logistics giant 2GO Group, Inc. has inked a strategic Memorandum of Understanding (MOU) with the Department of Trade and Industry (DTI) to bolster the Philippines’ supply chain and enhance logistics support for businesses nationwide.

DTI hails price freeze on essential goods

The Department of Trade and Industry (DTI) said prices of most basic necessities remain steady, with manufacturers absorbing higher costs to protect consumers.

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Basic Energy budgets P1 billion second-half capital expense

Basic Energy Corporation plans to spend as much as P1 billion in capital outlays for the remainder of 2026, marking a significant jump from the P100–P200 million recorded in 2025, when the firm only carried out pre-development work for its project pipeline. Chief executive officer Oscar de Venecia Jr. confirmed this during a recent event in Taguig City, noting that around P500 million has already been spent so far this year.

Security Bank eliminates fund transfer fees for all customers 

Security Bank announced today that it will provide free fund transfers to all of its customers starting July 10, 2026. This move expands a perk that was previously reserved exclusively for the bank's Gold, Wealth, Corporate, and Business Banking clients.

Spot market electricity prices jump more than 22% in June

Electricity prices at the Wholesale Electricity Spot Market (WESM) surged by 22.7 percent in June, driven primarily by a dip in available power supply and frequent grid alerts.

Mini racers fuel Philippines’ MICE tourism strategy

The Philippines is strengthening its push to become a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE) tourism, with the successful staging of the Tamiya Mini 4WD Asia Challenge (TMAC) 2026 highlighting the country's ability to host international niche events that generate both tourism and business opportunities.

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