Tag: DTI

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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.

DBM pressed to clear CARS arrears

Lawmakers are pressing the Department of Budget and Management (DBM) to finally clear nearly P4 billion in government arrears owed to two major automakers under the Comprehensive Automotive Resurgence Strategy (CARS), a move seen as critical to restoring investor confidence in the Philippines’ industrial policy.

LandBank, DTI lift MSMEs financing nationwide

The Land Bank of the Philippines is expanding its push to bankroll grassroots enterprise with a new lending program designed to widen, simplify and tailor financing for micro, small and medium enterprises (MSMEs).

L’Oreal, DTI development of beauty skills spark career, commerce

L’Oréal Philippines is widening its push to develop the next generation of beauty and social commerce entrepreneurs, expanding its Beauty for a Better Life (BFBL) E-Beauty Advisor (e-BA) Program across Luzon in partnership with the Department of Trade and Industry (DTI), local governments, and academic institutions.

Export targets trimmed, push for growth intensified

The Department of Trade and Industry has trimmed its export ambitions—but not its appetite for acceleration. 

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Eala topples another champion, extends Washington run

Someone should probably alert defending champions.

Bill paves way for alternarive data use and new consumer body to boost financial inclusion

Lawmakers have filed a measure seeking to create the country’s first formal system for consumer-controlled financial data sharing, alongside a new independent commission, to help millions of Filipinos prove their credit standing and gain easier access to financial services.

GoTyme ties up with PSA for National ID system link

GoTyme Bank has partnered with the Philippine Statistics Authority to become one of the first local banks to connect directly to the National ID Authentication Services. This integration lets customers open accounts in as fast as five minutes without scanning or uploading physical papers. Instead, they may use their PhilSys ID QR code, card number, or basic name and birth details for real-time, official checks. The move removes common hurdles that keep many Filipinos from accessing banking services, supporting the bank’s goal of easier, more inclusive finance for all.

YGC unit taps Lopez Group for Batangas-Laguna exploration project

Maibarara Geothermal Inc. (MGI) has signed a deal with Lopez Group affiliate ThermaPrime Drilling Corp. to carry out exploratory drilling across Batangas and Laguna from 2026 to 2027. Led by the Yuchengco group, MGI said the work will check untapped areas for possible new geothermal power facilities. The project will involve up to four wells drilled to depths of up to 3,000 meters, with operations set to begin in October this year and finish by May 2027. MGI currently runs a 32-megawatt geothermal plant in Batangas.

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