Tag: DTI

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Creative economy may take hit from online piracy — Globe

Globe Telecom Inc, the financial technology and telecom unit of the Ayala Group, has warned that online piracy could undermine the growth of the Philippine creative industry, which the Department of Trade and Industry expects to contribute up to P2 trillion to gross domestic product this year.

Aboitiz InfraCapital courts Chinese investors to choose Philippines

Aboitiz InfraCapital Economic Estates is positioning the Philippines as a strategic expansion hub for Chinese companies aiming to grow their footprint in Southeast Asia. 

Rep. Quimbo, DTI lead opening of ‘National Innovation Hub’ in Marikina

The Department of Trade and Industry (DTI), in partnership with Marikina Second District Rep. Stella Quimbo and the National Development Company (NDC), opened the...

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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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