Tag: DTI

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PH, Germany advance economic ties, EU deal

The Philippines and Germany are moving beyond conventional trade relations toward a more strategic economic partnership centered on resilient supply chains, innovation, and sustainability, according to the Department of Trade and Industry.

DOT holds line on arrivals, boosts travel deals

The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

DOT holds line on arrivals, boosts travel deals

The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

DTI tightens online beauty market safeguards 

The government is stepping up efforts to police the booming online beauty market, with the Department of Trade and Industry (DTI) forging a new partnership with the cosmetics industry to crack down on non-compliant sellers and strengthen consumer protection in e-commerce.

DTI urges firms to tap Russia opportunities 

Philippine businesses, farmers, and investors should look beyond traditional markets and seize emerging opportunities in Russia, particularly in agriculture, energy, innovation, and tourism, according to Trade Undersecretary Allan Gepty.

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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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