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Pasay City, Philippines—In a meeting with the US-ASEAN Business Council (US-ABC) delegation on 22 May 2024, Department of Trade and Industry (DTI) Secretary Fred Pascual showcased the Philippines' strong economic performance and outlined its comprehensive plans to attract foreign investments. He also expressed the Department’s readiness to assist US firms
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Thousands flocked to IFEX Philippines 2024, where CITEM organized a major showcase of the country’s local and international food flavors and ingredients for trade and retail. Activities included live cooking demos and learning sessions from the culinary community and industry personalities. The three-day event was held at the World Trade
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MAKATI CITY, PHILIPPINES –– On 22 May 2024, Department of Trade and Industry (DTI) Secretary Fred Pascual signed the Implementing Rules and Regulations (IRR) of the Republic Act No. 11981, also known as the Tatak Pinoy (Proudly Filipino) Act, marking a significant step towards enhancing the competitiveness and sophistication of
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MAKATI CITY, PHILIPPINES — On 22 May 2024, Department of Trade and Industry (DTI) Secretary Fred Pascual led the signing ceremony for the implementing rules and regulations (IRR) of Republic Act No. 11967, or the Internet Transactions Act (ITA) of 2023. The IRR establishes a clear and comprehensive framework for
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The Department of Trade and Industry announced on May 22 that Flava Corporation and Lilac Sison Tayaban—operating under the business name “Lilacs Vape Shop”—were found to have violated the Vape Law. They were jointly penalized with an administrative fine of PHP 100,000, following the finality of the decision in Admin
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SYDNEY, AUSTRALIA – The Philippine Overseas Construction Board (POCB), Philippine Contractors Accreditation Board (PCAB), Construction Manpower Development Foundation (CMDF) of the Construction Industry Authority of the Philippines (CIAP), an attached agency of the Department of Trade and Industry (DTI), recently concluded a successful joint business mission to Sydney, Australia on
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TAGUIG CITY, PHILIPPINES — The Philippines stands as an ideal destination for investment, offering a wealth of economic opportunities across diverse industries, according to Department of Trade and Industry Secretary Fred Pascual. During the plenary discussion held on the sidelines of the 6th Indo-Pacific Business Forum (IPBF) on May 21,
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MANILA, PHILIPPINES -- On 14 May 2024, Department of Trade and Industry (DTI) Undersecretary Allan B. Gepty, along with other high-ranking government officials, engaged with Austrian delegates to discuss the expansion of their trade and economic relations in the 3rd Meeting of the Philippines-Austria Joint Working Group on Trade and
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DOHA, QATAR — Department of Trade and Industry (DTI) Secretary Fred Pascual urged Qatar Cool (QC), the largest district cooling system (DCS) provider in Qatar, to explore investment opportunities in the Philippines. Secretary Pascual met with QC Chief Executive Officer Yasser Al Jaidah and Business Development Director Mohannad Khader on
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PASAY CITY, PHILIPPINES — The Department of Trade and Industry (DTI) Halal Industry Development–Program Management Office (HID-PMO) garnered PHP 25 million in actual and under negotiation sales at the recently concluded International Food Expo (IFEX) Philippines, held from 10 to 12 of May 2024 at the World Trade Center in
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