MANILA – Growth in the manufacturing sector started strong in 2016 as production of chemical products and food manufactures expanded in January, according to the National Economic and Development Authority (NEDA). In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for January 2016, the Volume of Production Index (VoPI) grew by 34.3 percent, […]

BusinessMirror | by Catherine Pillas – March 7, 2016 Even the country’s top investment official is no longer convinced that the Philippines has the right incentives on the menu to attract more global investors. So for the next administration, Trade Secretary Adrian S. Cristobal Jr. said a serious upgrade in the country’s incentives regime—especially the perks […]

Philippine Daily Inquirer | by Amy R. Remo | 12:09 AM March 7th, 2016 THE DEPARTMENT of Trade and Industry is preparing incentive packages aimed at accelerating the growth of high-impact industries like shipbuilding and aerospace. Such packages will likely be similar to the Comprehensive Automotive Resurgence Strategy (CARS) program, under which P27 billion in incentives were […]

The Philippine Star | By Richmond Mercurio | Updated March 6, 2016 – 12:00am MANILA, Philippines – The Department of Trade and Industry (DTI) is backing reforms and amendments to existing regulatory laws to ensure the free flow of traded goods as these would benefit Philippine exporters. “Removing domestic regulations and other unnecessary costs of production […]

Philippine Daily Inquirer | by Amy R. Remo | 01:38 AM March 5th, 2016 The Department of Trade and Industry (DTI) is drafting roadmaps tailor-made to the needs of micro, small and medium-sized enterprises (MSMEs) in different regions across the country. The localized roadmaps will allow industries in the different regions to align their respective targets and […]