Tag: DTI

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CEPA opens Gulf gateway for  Philippines

Nearly 95 percent of Philippine exports to the United Arab Emirates will now enjoy preferential tariff treatment, giving Filipino manufacturers a sharp competitive edge under the newly signed Comprehensive Economic Partnership Agreement (CEPA), the Department of Trade and Industry said.

DTI tightens rules on courier delivery claims

The Department of Trade and Industry (DTI) is stepping up scrutiny of last-mile delivery practices as complaints mount over parcels being prematurely tagged as “delivered” or “returned to sender,” leaving online shoppers empty-handed and out of pocket.

Filipino craft finds its Nordstrom  moment

Filipino artisan brand LIKHA has officially entered rarefied retail air: Nordstrom. 

Startup hesitation shadows Philippines’ entrepreneurial pulse

The Philippines saw fewer Filipinos take the leap into solo entrepreneurship in 2025, as new business name registrations slid 15 percent to 879,304, down from 938,681 a year earlier. 

DTI extends trustmark voluntary phase deadline

Online sellers received a boost after the Department of Trade and Industry announced it will defer mandatory registration under the Philippine Trustmark program, extending the voluntary phase until December 31, 2026, from the earlier 2025 deadline.

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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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