Tag: DTI
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Exports extend winning run as DTI ramps up support
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
C&U Group steps up Philippine manufacturing investment plan
Chinese bearing manufacturer C&U Group is ramping up its Philippine expansion with a USD132 million investment in its Sto. Tomas, Batangas facility, further cementing the country’s role in the company’s global manufacturing network.
Chinese firm backs push for Philippine EV brand
A Chinese automotive engineering company is exploring a partnership to help develop a Philippine electric vehicle (EV) brand, signaling fresh momentum behind Manila’s drive to localize the country’s fast-growing EV industry.
EV loan demand pushes DTI fund expansion
The government is seeking to expand the P2-billion financing pool for a program helping public transport operators transition to electric vehicles (EVs), as demand grows among transport groups and delivery riders looking for cleaner and more cost-efficient mobility options.
Panhua starts $1B Philippine steel venture
Chinese steel giant Panhua Group is set to launch the first phase of its $1-billion integrated steel manufacturing project in the Philippines next month, marking one of the country’s biggest foreign industrial investments in recent years.
