Tag: DTI

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CARS incentives finally shift into gear 

Government incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program could finally begin flowing this year, with funding initially sourced from declared savings of the Department of Public Works and Highways (DPWH).

DTI, PLDT–Smart push digital inclusion for MSMEs

The Department of Trade and Industry has renewed its push for digital inclusion, sealing a fresh partnership with PLDT and Smart Communications to accelerate the digital transformation of Philippine micro, small and medium enterprises.

ADCoop targets broader Philippine product push

The Abu Dhabi Cooperative Society (ADCoop) is moving to scale up the sourcing and distribution of Philippine-made goods across its UAE retail network, underscoring growing trade momentum between Abu Dhabi and Manila.

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.

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Power rates rise in March; households, businesses face higher electricity bills

The Manila Electric Company (Meralco) announced a power rate increase for March, raising electricity prices by P0.6427 per kilowatt-hour (kWh).

New road link to NLEX expected to boost access for Mabalacat homeoners

A planned road project connecting the North Luzon Expressway (NLEX) Sta. Ines exitto the Mabalacat–Atlu Bola Bypass Road is expected to improve travel and reduce traffic congestion in the fast-growing city of Mabalacat City, according to the Department of Public Works and Highways (DPWH).

Filinvest Land Taps Banks For P11.6B Bonds

Filinvest Land Inc. has tapped a consortium of major banks to underwrite and arrange a planned bond offering of up to P11.57 billion, as the Gotianun Group’s property arm returns to the debt market to support expansion.

Hotel101 opens Madrid hotel, boosts global expansion

Hotel101 Global Holdings Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., has opened its first European property with the launch of Hotel101 Madrid, marking the international debut of a Filipino homegrown hotel brand.

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