Tag: DTI

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Export targets trimmed, push for growth intensified

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

DTI resets expectations, redraws export path

The Department of Trade and Industry is set to unveil sharply reduced export targets for 2025—and for the remaining years of the Philippine Export Development Plan (PEDP) 2023–2028—at a December 4 launch expected to formally reset the country’s export trajectory.

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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Mactan-Cebu International wins ACI passenger awards

Mactan-Cebu International Airport (MCIA) has received two passenger experience recognitions from Airports Council International (ACI), including a second consecutive award in the 5–15 million passenger category.

The math behind Duterte’s impeachment vote

The math, more than politics, may hold the key to Vice President Sara Duterte’s political future. And the numbers could be settled within the next two weeks, when the Senate, sitting as an impeachment tribunal, decides which denominator should be used in determining the votes needed for conviction or acquittal.

ABS-CBN restructures capital, expands board

ABS-CBN Corp. is seeking shareholder approval for a P4.5-billion capital increase and a two-seat board expansion, reshaping its corporate structure as two new directors are nominated to join the company’s governing body.

Shell Energy PH secures additional 120 MWp solar power deal in Leyte

Shell Energy Philippines Inc. (SEPH) has entered a second 15-year power supply agreement with Greenlight Renewables Holdings Inc. via its unit San Isidro Solar Power Corp., securing an additional 120 megawatts peak (MWp) from the second phase of the San Isidro solar power project in Leyte. Announced Tuesday, the new deal follows an earlier 15-year agreement for the project’s first phase, bringing the total solar capacity SEPH will source from Greenlight Renewables to 240 MWp.

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