Tag: DTI

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Philippines activates UAE FTA, eyes more

The Philippines has begun rolling out preferential tariffs under its newly signed free trade agreement (FTA) with the United Arab Emirates, as Manila accelerates efforts to seal more trade pacts ahead of hosting ASEAN in 2026.

Philippines seeks bigger US minerals role

The Philippines is positioning itself for a larger role in the US’ critical minerals supply chain, with fresh details expected as both sides prepare for a bilateral strategic dialogue next week, Philippine Ambassador to the US Jose Manuel Romualdez said.

Philippine firms target Saudi build, retail boom

Philippine companies are sharpening their sights on Saudi Arabia as Manila ramps up a trade push to plug local exporters into the Kingdom’s surging infrastructure and consumer markets.

PSAC urges stronger funding for Philippines startups 

The Private Sector Advisory Council is raising a clear warning. In a recent meeting with the Department of Trade and Industry, PSAC said the Philippine startup scene is slipping behind Southeast Asian peers, not for lack of ideas but for lack of capital that actually moves.

DTI initiates safeguard probe on tile imports

The Department of Trade and Industry (DTI) has opened a preliminary safeguard measures investigation into imported ceramic tiles, saying there is a prima facie case that surging imports may be harming local manufacturers.

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MAP backs Pax Silica with safeguards for national interest

The Management Association of the Philippines (MAP) has thrown its support behind the proposed Pax Silica Initiative, calling it one of the country's biggest economic opportunities in decades while urging the government to negotiate from a position of strength and ensure robust safeguards protect national interests.

Temasek-backed deal lifts Philippine AI startup ambitions

A strategic investment by Singapore's Temus in Filipina-founded Thinking Machines Data Science is reinforcing investor confidence in Philippine-built artificial intelligence, as demand for enterprise AI solutions accelerates across Southeast Asia.

MREIT earnings climb as dividends rise on expansion

MREIT Inc., the real estate investment trust backed by Megaworld Corp., posted a robust first-half performance as recent acquisitions, higher occupancy, and tighter cost controls combined to lift earnings and support bigger shareholder payouts despite a challenging operating environment.

PAGCOR revenue falls as gaming slowdown cuts earnings

The Philippine Amusement and Gaming Corporation (PAGCOR) posted a sharp decline in first-half revenues as softer gaming activity, particularly in its electronic gaming business, offset continued growth in government remittances.

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