Tag: DTI

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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.

DTI backs P1.75B fintech boost for MSMEs

The Department of Trade and Industry (DTI) is betting big on fintech to unlock long-standing credit bottlenecks for micro, small, and medium enterprises (MSMEs), welcoming a P1.75-billion digital credit facility as a potential game changer for grassroots businesses.

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.

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VinFast electric motorcycles target Philippine road conditions

VinFast is positioning its new electric motorcycles as Philippine-ready two-wheelers, with engineering designed to handle the country’s heat, humidity, heavy rains, and flood-prone roads.

Filipinos trust credit more despite financial worries

Filipinos are showing stronger trust in formal credit and digital financial services even as their outlook on household finances weakens, pointing to a maturing credit market amid persistent inflation and cost-of-living pressures, according to TransUnion’s 2026 Credit Perception Index.

LG data factory powers next-gen robotics with NVIDIA partnership, launching full operations by 2026

LG Electronics is building a dedicated robotics training hub at its Yangjae R&D Campus in Seoul, set to become fully operational by the end of 2026. Known as the Data Factory, the four-floor facility spanning 10,000 square meters will serve as a central engine for advancing robot learning, combining LG’s decades of manufacturing and logistics expertise with NVIDIA’s cutting-edge robotics and artificial intelligence technologies.

Remulla urges repeal of Robin Padilla gun law

Interior and Local Government Secretary Jonvic Remulla has called on Congress to amend, if not repeal, the  “Robin Padilla law” because the actor-turned-senator  benefited from its passage, and to restore illegal possession of firearms as a non-bailable offense following the fatal Zamboanga school shooting on Aug. 18. Remulla said the law, which made illegal gun possession bailable, should have stricter penalties, including for those negligent gun owners. The shooting was the Philippines’ second fatal school attack in less than two months and was livestreamed. With about 2.7 million registered firearms nationwide, including roughly 2 million privately owned, Remulla said tighter controls are needed to keep illegal guns from fueling violence.

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