Tag: DTI

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DTI, PSE pitch listings for enterprises’ growth

Medium and large enterprises are being encouraged to tap the Philippine Stock Exchange (PSE) as a strategic pathway for faster expansion, deeper capital access, and long-term business sustainability.

DTI cement safeguards spark local revival

The issuance of a Department of Trade and Industry administrative order imposing definitive general safeguard measures on imported cement is expected to lift capacity utilization in the domestic industry, preserve jobs, unlock fresh investments, and create positive multiplier effects across the economy.

CARS incentives finally shift into gear 

Government incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program could finally begin flowing this year, with funding initially sourced from declared savings of the Department of Public Works and Highways (DPWH).

DTI, PLDT–Smart push digital inclusion for MSMEs

The Department of Trade and Industry has renewed its push for digital inclusion, sealing a fresh partnership with PLDT and Smart Communications to accelerate the digital transformation of Philippine micro, small and medium enterprises.

ADCoop targets broader Philippine product push

The Abu Dhabi Cooperative Society (ADCoop) is moving to scale up the sourcing and distribution of Philippine-made goods across its UAE retail network, underscoring growing trade momentum between Abu Dhabi and Manila.

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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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