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September
NIA grants P1.2-M livelihood aid to Ormoc irrigators’ group
The assistance was granted to members of six irrigators’ federation of agriculture cooperatives through NIA’s Irrigation Management Transfer Support Services (IMTSS).
NIA regional institutional development section chief Karen Mades said the initiative is part of the agency’s efforts to help irrigators’ associations become more entrepreneurial by providing capital for livelihood projects.
Bacolod creative hub-trained sewers produce market-ready creations
BACOLOD CITY – Sewing artisans here have produced market-ready creations after an intensive training organized by the city’s Department of Local Economic Development and Investment Promotions (DLEDIP) in a step toward building sustainable livelihoods and creative enterprises for Bacolodnons.
Five of the 24 graduates, who attended the pilot G-Hive Artisan Makers Bootcamp Sewing Track last week, received awards “celebrating their potential transformed into skill, passion transformed into craft, and being artisans empowered to create with purpose.”
Business chamber, groups seek congressional probe into NORECO II
NOCCI president Edward Du said at a press conference Tuesday that they had submitted a position paper to Congress opposing the early renewal of NORECO II’s legislative franchise, which is set to expire in February 2033.
PBBM steps up investment, infra, anti-poverty agenda this week
MANILA – President Ferdinand R. Marcos Jr. ramped up efforts to promote investments, strengthen infrastructure, and advance the government’s anti-poverty agenda through a series of engagements this week.
His activities also included meetings with foreign investors, business leaders, foreign diplomats, government officials, and local communities.
His week-long engagements underscored the administration’s focus on economic growth, job creation, and stronger international partnerships.
Philippine jobless rate rises to 6%, highest in four years
The Philippines’ unemployment rate jumped to the highest in four years in July, as the labor force expanded faster than employment, leaving 3.14 million Filipinos without jobs.
The unemployment rate rose for a third straight month to 6.01% in July, from 5.3% a year earlier and 4.9% in June, the Philippine Statistics Authority (PSA) said on Tuesday.
The ranks of the unemployed rose by 550,000 in July from 2.59 million in the same month a year ago.
2nd Produkto Ilocandia trade fair generates P800K sales in 6 days
LAOAG CITY, Ilocos Norte – A week-long trade fair participated in by 57 micro, small and medium enterprises (MSMEs) in Ilocos Norte generated around PHP800,000 in sales, highlighting their growing contribution to the province’s local economy.
The 2nd Produkto Ilocandia trade fair, held in partnership with the Department of Trade and Industry at the Laoag City Hall grounds, runs Aug. 7 to 15.
DTI urges coconut MSMEs to secure FDA permits to widen market access
TACLOBAN CITY – The Department of Trade and Industry (DTI) in Eastern Visayas is urging micro, small and medium enterprises (MSMEs) engaged in processed food production to secure a Food and Drug Administration (FDA) license to have access to government-supported trade fairs and expand their market reach.
The call was made during the opening of the four-day 2nd Eastern Visayas Regional Coconut Trade Fair at Robinsons Place in Tacloban City on Friday, where 24 MSMEs assisted by DTI and the Philippine Coconut Authority (PCA) are showcasing coconut-based food and non-food products.
DTI chief affirms gov’t support for MSME AI push, global trade
MANILA – The government is intensifying efforts to help micro, small and medium enterprises (MSMEs) leverage technological innovation to scale operations and access global markets.
Speaking at the launch of the artificial intelligence (AI) and Scale-up Center at the Department of Trade and Industry (DTI) office in Makati City on Tuesday, Trade Secretary Ma. Cristina Roque vowed to enhance digitalization and internet connectivity even in far-flung areas to bolster small businesses.
Iloilo City to establish hub for start-up MSMEs, innovators
ILOILO CITY – The Iloilo City government will establish a start-up center for micro, small and medium enterprises (MSMEs) in partnership with the private sector and national government agencies to help entrepreneurs develop and grow their businesses.
The initiative, which stemmed from the 1st Iloilo City MSME Summit last month, will provide a permanent hub for innovation, collaboration and mentoring. The center will be located at Festive Walk Mall in the Mandurriao district.
Negosyo Center opens in NegOr town to cater to MSMEs
DUMAGUETE CITY – The Department of Trade and Industry (DTI) has opened a Negosyo Center in Manjuyod town to provide support and services to micro, small and medium enterprises (MSMEs), an official said Wednesday.
The center was inaugurated Tuesday in an event attended by DTI-Negros Oriental Provincial Director Juliet Banogon and Manjuyod Mayor Raffy Alipio Andaya.
August
Isabela government focuses on cacao farming
ECHAGUE, Isabela, Philippines — The Isabela provincial government is strengthening its cacao industry, as it eyes the crop as a promising money-maker for farmers.
Echague Mayor Faustino Dy V said sustained government support and a stronger partnership with stakeholders are crucial to the province’s push to become one of the country’s leading cacao producers.
BIR ‘ready’ to implement SONA tax-system overhaul
THE Bureau of Internal Revenue (BIR) said it is ready for the enactment of the government’s tax relief proposals, aided by modernized systems and simplified compliance.
“In his fifth State of the Nation Address (SONA), President Ferdinand R. Marcos, Jr. outlined a clear tax reform agenda. The BIR supports this direction and stands ready to faithfully and efficiently implement the measures that Congress may enact,” BIR Commissioner Charlito Martin R. Mendoza said in a statement on Thursday.
Tobacco, vape firms ordered to register brands with BIR
THE Bureau of Internal Revenue (BIR) has given tobacco and vapor-product manufacturers, importers and exporters six months to register their brands and variants or face penalties.
In Revenue Memorandum Circular No. 86-2026, published on July 31, the BIR released an updated registry covering 192 entries across 14 manufacturer, importer and exporter classifications.
Citing Revenue Regulations Nos. 3-2006, 7-2021 and 14-2022, the BIR said manufacturers, importers and exporters must register their brands and variants within six months from the circular’s release.
Garin, Roque cite gains from signing of EO for EV incentives program
MANILA – Prices of electric vehicles (EVs) in the country are projected to decline between six and 12 percent as domestic manufacturing is now bolstered by the signing of an Executive Order (EO) establishing the Electric Vehicle Incentive Strategy (EVIS) Program
EO 121 was signed by President Ferdinand R. Marcos Jr. on Wednesday, paving the way for more investments in local EV manufacturing.
SEC urges msmes to incorporate as regulatory fee discounts top ₱360 million
The Securities and Exchange Commission (SEC) is urging micro, small, and medium enterprises to incorporate their businesses, aiming to connect small operations with capital market fundraising to drive long-term expansion.
DTI chief affirms gov’t support for MSME AI push, global trade
MANILA – The government is intensifying efforts to help micro, small and medium enterprises (MSMEs) leverage technological innovation to scale operations and access global markets.
Speaking at the launch of the artificial intelligence (AI) and Scale-up Center at the Department of Trade and Industry (DTI) office in Makati City on Tuesday, Trade Secretary Ma. Cristina Roque vowed to enhance digitalization and internet connectivity even in far-flung areas to bolster small businesses.
Businesses still face red tape despite ease-of-doing-business reforms—DEPDev
Nearly half of Philippine businesses remain dissatisfied with registration and closure procedures despite a law aimed at cutting red tape, as fragmented government systems, weak data sharing, and uneven digitalization continue to slow transactions, according to the Department of Economy, Planning, and Development (DEPDev).
A study by DEPDev’s Innovation Staff, which serves as the secretariat of the interagency National Innovation Council (NIC), showed that gaps remain between the intent and actual implementation of the Ease of Doing Business (EODB) and Efficient Government Service Delivery Act of 2018, or Republic Act (RA) No. 11032.
Meralco cuts August electricity rates by P0.0428/kWh
MANILA – Manila Electric Company (Meralco) customers will see a slight relief in their electricity bills this month as rates will drop by PHP0.0428 per kilowatt-hour (kWh) for the August 2026 billing cycle.
In a briefing Monday, Meralco spokesperson Joe Zaldarriaga said the August rate reduction would have reached around PHP0.5861/kWh if not for higher National Grid Corporation of the Philippines (NGCP) ancillary services charges from the Reserve Market.
CDO opens MinBizCon, launches Investment Action Center
CAGAYAN DE ORO CITY – Local governments in Northern Mindanao are hoping for a boost in local investments from neighboring provinces of the island as it opens the three-day Mindanao Business Conference (MinBizCon) here on Tuesday.
The 35th MinBizCon, hosted by the Cagayan de Oro Chamber of Commerce and Industry Foundation Inc. (Oro Chamber), in partnership with the Philippine Chamber of Commerce and Industry (PCCI) and the city government, is expected to attract between 800 and 1,200 delegates, including representatives from the international business community.
DA boosts mushroom industry with Silang enoki project
MANILA, Philppines — The Department of Agriculture (DA) is backing Filipino-owned Basic Necessity Inc.’s investment to expand local enoki mushroom production and cut import dependence.
The DA said the company’s highly automated enoki facility in Silang, Cavite marks a first-of-its-kind project that supports the government’s push to develop domestic capacity for high-value crops.
DTI showcases crafts, local talent at trade fair in Albay
LEGAZPI CITY – Local pottery makers in Albay are gaining opportunities to reach new customers and expand their markets through a trade fair organized by the Department of Trade and Industry (DTI) Albay.
The four-day Sa’od Albay Trade Fair 2026 featuring Disenyo Ceramika, at Ayala Malls Legazpi until the weekend, provides micro, small, and medium enterprises (MSMEs) with a venue to promote and sell locally made products while connecting with potential clients.
DTI supports livelihood program for Antique PDLs with P1.29-M facility
SAN JOSE DE BUENAVISTA, Antique – The Department of Trade and Industry (DTI) will provide a PHP1.29-million shared service facility (SSF) on food processing to support the livelihood training of persons deprived of liberty (PDLs) in Antique.
The support was formalized with an agreement signing on Thursday at the Anstec Building in San Jose de Buenavista with DTI Antique acting Provincial Director Mary Jade Gonzales, Bureau of Jail Management and Penology (BJMP) Regional Director Senior Supt. Jhon Montero, and Schools Division of Antique Superintendent Ernesto Servillion, represented by Education Program Specialist Jezreel Bantolo as signatories.
DTI urges coconut MSMEs to secure FDA permits to widen market access
TACLOBAN CITY – The Department of Trade and Industry (DTI) in Eastern Visayas is urging micro, small and medium enterprises (MSMEs) engaged in processed food production to secure a Food and Drug Administration (FDA) license to have access to government-supported trade fairs and expand their market reach.
The call was made during the opening of the four-day 2nd Eastern Visayas Regional Coconut Trade Fair at Robinsons Place in Tacloban City on Friday, where 24 MSMEs assisted by DTI and the Philippine Coconut Authority (PCA) are showcasing coconut-based food and non-food products.
Visa and UMSI advance financial inclusion with new payment innovation for Filipino SMEs
Food exporters dig deep to capitalize on ube rush
MANILA, Philppines — As the Philippines rushes to capitalize on the surging global appetite for its iconic purple root crop, food processors are pushing to secure high-quality ube (purple yam) materials for processing and export.
With demand rising for ube, the country’s food exporters and processors are looking for more ube raw materials to capture the growing popularity of the tuber in overseas markets, industry group Philippine Food Processors and Exporters Organization Inc. (Philfoodex) said.
DTI features CamSur products at Mandaluyong trade fair
LEGAZPI CITY – The Department of Trade and Industry (DTI) Camarines Sur is showcasing the province’s finest products, flavors, craftsmanship and creativity at a four-day trade fair at Shangri-La Plaza in Mandaluyong City, which runs until Sunday.
In an interview on Bagong Pilipinas Ngayon on Friday, DTI Camarines Sur Director Jay Percival Ablan said “Feria de Camarines” is being held for the first time at a major shopping destination.
Private sector gets clear rules on work suspension during bad weather
MANILA, Philippines — Workers in the private sector may refuse to work when weather disturbances and similar events pose an imminent danger to their safety and health without facing administrative sanctions, the Department of Labor and Employment said.
DOLE Secretary Francis Tolentino signed Labor Advisory 14, Series of 2026, on Aug. 19, updating the guidelines on the suspension of work in the private sector during weather disturbances and similar occurrences.
PAGCOR income seen to drop 91%
MANILA, Philippines — The Philippine Amusement and Gaming Corp. (PAGCOR) is estimating a 91-percent decline in full-year net income this year, as the Middle East crisis and the removal of e-wallet links to online gambling platforms sapped gambling activity.
PAGCOR expects its net income to plunge by 91 percent to P1.66 billion in 2026 from the recorded P17.47 billion last year, the gaming regulator told lawmakers at a congressional budget hearing.
Philippines digital payments surge past ₱19 trillion as fees drop
BIR files P2.2-B tax case vs offshore gaming operator
MANILA – The Bureau of Internal Revenue (BIR) filed a PHP2.23-billion tax evasion case with the Department of Justice (DOJ) against offshore gaming operator Hongsheng Gaming Technology Inc. for allegedly underdeclaring income and failing to declare and pay correct value-added and withholding taxes.
In a statement Thursday, BIR said the case filed on Aug. 6 is part of the agency’s strengthened enforcement against tax evasion.
PHL MSME sector continues to face financing gaps — ADB
Micro, small, and medium-sized enterprises (MSMEs) in the Philippines continue to face financing challenges despite the sector’s contribution to the country’s gross domestic product (GDP), the Asian Development Bank (ADB) said.
“MSMEs matter because they are where economic growth happens, and the economic growth becomes tangible,” ADB Director of the Private Sector Financial Institutions Division (PSFI) Suhail Khan said during his speech at BusinessWorld Insights on Wednesday.
PHL to increase production of Grade-A durian after China export deal
THE Department of Agriculture (DA) said it will expand production of export-grade durian after a supply deal was arranged with China.
In a statement, the DA said 65 producers in the south are currently engaged in durian cultivation and hopes to “strengthen the production of Grade-A durian through the Bureau of Plant Industry (BPI) and the High Value Crops Development Program.”
SM Investments, PHIVOLCS partner to boost disaster resilience
SM Investments Corp., the parent company of the SM Group, has partnered with the Department of Science and Technology-Philippine Institute of Volcanology and Seismology (DOST-PHIVOLCS) to strengthen disaster resilience through the use of hazard and risk information, according to a statement released Friday.
SM Investments Consultant and Head of Investor Relations and Sustainability Timothy Daniels and PHIVOLCS Director Teresito C. Bacolcol signed a memorandum of agreement on Friday covering SM’s use of GeoRiskPH, a government platform that provides information on natural hazards and related risks.
Comelec forms task forces vs vote-buying ahead of BARMM polls
MANILA – The Commission on Elections (Comelec) has created task forces in several areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) in a bid to intensity its campaign against vote-buying with only over two weeks left before the holding of the BARMM Parliamentary Elections (BPE).
In an interview Thursday, Comelec Chairperson George Garcia said the forming of these groups aims to show the public, especially the aspirants and their supporters, that the poll body is serious in stopping such practices.
Palace declares special holidays in 13 localities
MANILA – Malacañang has declared special non-working days in 13 areas nationwide to allow residents to celebrate local festivals, founding anniversaries, town fiestas and other significant events, including a special election in Cavite.
Executive Secretary Ralph Recto, by authority of the President, signed Proclamation Nos. 1368 to 1372 on July 29 and 1373 to 1380 on July 30, declaring the local holidays in various parts of the country.
July
Philippines approves record 12% minimum wage hike for Manila workers
The Philippine government has approved a record 12% increase in the daily minimum wage in Metro Manila, raising it by 85 pesos (US$1.4) in two tranches starting later this month.
More than 1.1 million minimum wage earners in Metro Manila are expected to benefit from the “largest single wage adjustment ever granted in the capital region,” Bloomberg reported, citing the country’s Department of Labor and Employment.
The increase will take effect in two stages, with 60 pesos to be added on July 19 and the remaining 25 pesos on Jan. 20, 2027.
CPTPP seat key to expanding Philippines’ role in global supply chain
However, the government must push for reforms to boost domestic firms’ competitiveness and lower logistics costs to ensure local firms can compete globally, they said.
Former Tariff Commissioner George N. Manzano said the Philippines would gain much-needed predictability in trading rules by joining the CPTPP as geopolitical tensions stress the need for market diversification.
Digital public service in action: LTFRB delivers fuel subsidy to public transportation drivers through GCash
DoST boosts metals, engineering firms through zero-interest SETUP loans
Department of Science and Technology (DoST) is helping businesses in the metals and engineering sector adopt new technologies through zero-interest financing under its small enterprise program, with one beneficiary in Ilocos Norte reporting improved productivity.
The Small Enterprise Technology Upgrading Program (SETUP) is the agency’s flagship program for micro, small, and medium enterprises (MSMEs), providing financial and technical assistance to help them acquire appropriate technologies.
DoST Secretary Renato U. Solidum Jr. told BusinessWorld that eligible MSMEs can receive up to P5 million in assistance. The amount is repayable over three years, with repayment beginning after the first year and carrying 0% interest.
National Government’s debt service bill rises in May
THE NATIONAL GOVERNMENT’S (NG) debt service bill jumped by over 21% in May amid higher interest and amortization payments, the Bureau of the Treasury (BTr) said.
The latest Treasury data showed payments made by the government for its obligations surged by 21.4% to P97.18 billion in May from P80.05 billion in the same month a year ago.
Month on month, however, debt service slumped by 69.1% from P314.89 billion in April.
Debt service refers to payments made by the NG for its domestic and foreign debt.
PH, Canada elevate ties to Strategic Partnership
VANCOUVER – The Philippines and Canada on Thursday (Canada time) elevated their bilateral relations to a Strategic Partnership, signaling a new phase of cooperation in key areas such as defense and trade.
The elevation of ties was formalized following a bilateral meeting between President Ferdinand R. Marcos Jr. and Canadian Prime Minister Mark Carney at the Vancouver Convention Centre.
Both leaders committed to expanding collaboration across key strategic sectors amid evolving geopolitical and economic challenges in the Indo-Pacific.
Philippines’ net FDI inflows plunge to near 10-year low in April
Net inflows of foreign direct investments (FDI) in the Philippines plunged to a near 10-year low of $250 million in April, as heightened global uncertainty dented investor sentiment, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Based on central bank data released on Friday, FDI net inflows declined by 58.8% to $250 million in April from $607 million in the same month last year.
April saw the lowest monthly level seen since the $244 million in June 2016, and the steepest year on year drop since the 76.1% in December 2022.
SSS taps tech firm Standard Economics for micro loan initiative
MANILA – The Social Security System (SSS) said Friday it recently signed a memorandum of understanding (MOU) and non-disclosure agreement with Standard Economics for the development and implementation of its LoanLite program.
LoanLite is a proposed digital microloan facility which aims to provide SSS members with faster, safer, and more affordable access to short-term financial assistance.
SSS President and Chief Executive Officer Robert Joseph de Claro and Standard Economics pesident and CEO Evan Stanley Jones signed the MOU on July 3 to formalize the partnership and leverage the company’s Economic Superintelligence platform, according to a news release Friday.
PEZA sustains billion peso-level remittance to national gov’t
MANILA – The Philippine Economic Zone Authority (PEZA) remitted PHP1.44 billion to the national government for fiscal year 2025, the third consecutive year of its billion-level remittance.
This is in line with Republic Act 7656, or the Dividend Law, which mandates government-owned and controlled corporations (GOCCs) to remit at least 50 percent of their annual earnings as cash, stocks or property dividends to the national government.
In a news release issued Wednesday night, PEZA said the dividend was formally turned over during the annual GOCC Day held in Malacañang earlier in the day attended by President Ferdinand R. Marcos Jr. among others, which saw a record-high remittance of PHP147.15 billion from 50 agencies.
Power sector exec hopes for supply stabilization
In recent years, the yellow and red alert status in power grids is a normal occurrence during the summer months given the increase in demand amid the decline in capacity due to regular maintenance works for several power plants as well as forced outages of some.
However, the situation has lingered until June this year, and IEMOP vice president for trading operations Engr. Isidro Cacho, in an online briefing, said this has resulted in price volatility until this month.
DBCC trims revenue goals
THE DEVELOPMENT Budget Coordination Committee (DBCC) trimmed its tax revenue projections for this year, as it cut the Bureau of Internal Revenue (BIR) target by 1% amid expectations of slower economic growth.
Data from the DBCC showed it cut its overall revenue projection for 2026 by 0.33% to P4.807 trillion, equivalent to 15.78% of gross domestic product (GDP), from the P4.823 trillion or 15.8% of GDP approved during its 192nd meeting in December.
NFA opens P355-million grains hub in Iloilo
THE National Food Authority (NFA) said it inaugurated a modern post-harvest facility for grains in Dumangas, Iloilo worth P355.4 million, with construction of similar facilities being accelerated to ensure the Philippines maintains resilient rice reserve.
The Dumangas facility features a modern warehouse equipped with a mill that can process 10 tons of palay (unmilled rice) per hour and a mechanical dryer with throughput of 240 tons of palay per day.
InLife makes financial protection more accessible to Filipinos
ILOILO CITY – A financial protection that matches the budget and life stage of customers was officially introduced to the Ilonggo community, with the launch of InLife’s Stackbit product here on Friday afternoon.
InLife chief marketing officer Gae Martinez, in her message, said financial security should be built by every good decision and responsible choice step by step, and not the notion that it is only for those with extra money.
Stackbit, she said, was designed around flexibility, allowing customers to pay what they can and when they can.
Globe secures P10 billion loan from Landbank
MANILA, Philippines — Globe Telecom Inc. has obtained another loan, its second in barely a month, this time amounting to P10 billion from a state-owned bank.
In a disclosure to the Philippine Stock Exchange, Globe said it has entered into a P10-billion term loan facility with Land Bank of the Philippines.
Tanduay raises bar anew for PH rums with 2 golds in US
MANILA – Filipino brand Tanduay continued to reinforce its standing among the world’s leading makers of premium rums as two of its products were awarded gold medals at the 2026 Bartender Spirits Awards in Chicago, USA.
Tanduay Double Rum and Tanduay Reserve Rum 10 Years both scored 95 points to earn the much-coveted honors in the contest that evaluates spirits based on how they perform in real-world hospitality settings, according to a news release over the weekend.
Mindanao Railway funding still up in the air, DoTr says
THE Department of Transportation (DoTr) said it is pitching bilateral partners and development banks on funding the long-stalled Mindanao Railway project.
“We continue to look for other development partners for those railway projects. Generally, our engagement with development partners continues,” Transportation Undersecretary for Railways Timothy John R. Batan told reporters on the sidelines of an event last week.
Mindanao priority for electrification project – Garin
MANILA – Mindanao is a priority for the government’s electrification project due to the number of far-flung areas that still cannot be reached due to their location.
Energy Secretary Sharon Garin, during the Bagong Pilipinas Ngayon program Thursday, said 94.9 percent of households in the country are now energized.
Trump imposes 12.5% ‘forced labor’ tariff on Philippine exports
THE US PRESIDENT Donald J. Trump has imposed a 12.5% tariff on goods from the Philippines after the US Trade Representative (USTR) ruled that the country failed to curb imports of goods made with forced labor.
BIR clarifies rules on creditable withholding tax on TWAs
MANILA, Philippines — The Bureau of Internal Revenue (BIR) advises all top withholding agents (TWA), manufacturers, direct importers, taxpayers, and other stakeholders that it has issued a circular clarifying the provision on the imposition of creditable withholding tax (CWT) on TWAs.
The clarification is contained in Revenue Memorandum Circular (RMC) No. 79-2026 and applies to Revenue Regulations (RR) No. 24-2025.
DICT, LANDBANK partner on AI tools for MSMEs
THE Department of Information and Communications Technology (DICT) and Land Bank of the Philippines (LANDBANK) have signed an agreement to develop artificial intelligence (AI)-powered digital tools aimed at helping micro, small and medium enterprises (MSME) improve access to financing and boost their competitiveness.
GSIS increases stake in Megawide to 9.5 %
MANILA, Philippines — The Government Service Insurance System (GSIS) has raised its stake in Megawide Construction Corp., becoming one of the major local institutional investors in the listed engineering and infrastructure company.
GSIS has acquired a total of 111.94 million shares of Megawide in a series of block transactions over the past 60 days, bringing its ownership to 9.5 percent, representing 191.71 million common shares.
SEC incorporates latest accounting, sustainability reporting standards into rules
THE Securities and Exchange Commission (SEC) has incorporated the latest Philippine Financial Reporting Standards (PFRS) and other financial reporting pronouncements into its financial reporting rules.
June
BMI cuts 2026 Philippines growth forecast to 4.2%
MANILA, Philippines — Research and analysis firm BMI has trimmed its 2026 economic growth forecast for the Philippines to 4.2 percent, following the slower growth outturn in the first quarter and headwinds from the ongoing Middle East conflict.
“The weak first quarter print, coupled with mounting spillover effects from the US-Iran conflict, has prompted us to revise down our 2026 growth forecast to 4.2 percent from 4.7 percent,” BMI said in a report.
Gov’t to pursue reforms to boost economic growth
MANILA – The government will ramp up efforts to address the impact of the Middle East conflict and will continue to push for reforms to boost economic growth, the Department of Economy, Planning, and Development (DEPDev) said.
Philippine economic growth slowed to 2.8 percent in the first quarter of the year from 3 percent in the fourth quarter of 2025.
PH clinches $3.4-B investment pledges in PBBM meet with Japanese execs
MANILA – The Philippines has secured around USD3.4 billion in investment pledges from Japanese companies following a high-level business roundtable meeting led by President Ferdinand R. Marcos Jr. in Tokyo on Wednesday.
The commitments were announced during Marcos’ meeting with top Japanese business leaders at the Imperial Hotel in Tokyo, the Presidential Communications Office (PCO) announced.
Consumer spending may slow this year
MANILA — Philippine consumer spending is expected to grow by 4.4 percent this year, slower than initially anticipated, as prices are likely to continue rising, according to research and analysis firm BMI.
“We hold a cautious but positive outlook for consumer spending in the Philippines, with a slowdown in real household spending growth – from 4.6 percent in 2025 to 4.4 percent year-on-year in 2026,” the Fitch Solutions unit said in a report.
DTI refines MSME export road map for Western Visayas
ILOILO CITY – The Department of Trade and Industry (DTI) has refined the development road map for micro, small, and medium enterprise (MSME) product exports in Western Visayas region.
New Clark City to host utility-scale solar, battery storage facility
MANILA – An integrated photovoltaic (PV) and battery energy storage facility is set to rise on a 500-hectare site in New Clark City, strengthening the government’s push to expand renewable energy (RE) capacity.
Bases Conversion and Development Authority (BCDA) President and Chief Executive Officer (CEO) Joshua Bingcang and Acwa Power Philippines President Salman Baray on Tuesday signed a lease agreement for the development of a utility-scale solar and battery energy storage system (BESS).
American AI firms targeting Philippines’ BPO sector
The Philippines’ information technology and business process management (IT-BPM) sector has emerged as the most viable investment destination for American artificial intelligence (AI) firms, according to the United States Commercial Service (USCS).
PH factory output expands faster in April -PSA
MANILA – The Philippines’ factory output, both in value and volume, expanded in April despite the disruptions caused by the ongoing Middle East conflict, data from the Philippine Statistics Authority (PSA) showed Friday.
Results of the PSA Monthly Integrated Survey of Selected Industries showed that the value of production index (VaPI) registered a faster annual increase of 14.7 percent in April from 13.1 percent in March.
Ecozone investments soar 88 percent in 5 months
MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) saw sustained investment momentum in the first five months of the year with investment approvals soaring by 88 percent from a year ago, despite global economic uncertainties.
In a statement yesterday, PEZA said it approved 135 projects worth P124.84 billion in investments from January to May, higher than the P66.34 billion cleared in the same period last year.
BOI clears ₱6.3 trillion in projects to accelerate job growth
The Board of Investments (BOI) has granted green lane status to ₱6.32 trillion worth of investments by the end of May, with the majority of the endorsed projects now undergoing pre-development following the expedited processing of permits.
PAL joins global airline alliance oneworld
MANILA, Philippines — The country’s flagship carrier, Philippine Airlines (PAL) is set to join the U.S.-based oneworld Alliance as its 16th member.
In a statement on Sunday, June 7 (Manila time), the flagship carrier said the announcement was made during the International Air Transport Association (IATA) Annual General Meeting in Rio De Janeiro, Brazil.
Mindanao, Visayas grids under yellow alert
MANILA, Philippines — The Mindanao grid was placed under yellow alert from noon to 3 p.m. yesterday as available power reserves fell close to projected electricity demand due to multiple power plant outages and high electricity consumption.
The National Grid Corp of the Philippines (NGCP) said the grid had an available capacity of 2,731 megawatts against a peak demand forecast of 2,611 MW during the alert period.
DTI Sec. Roque rallies regional leaders to drive MSME growth and global expansion under ‘Bagong Pilipinas’ agenda
Department of Trade and Industry (DTI) Secretary Cris A. Roque energized regional and provincial leaders to intensify their economic development efforts during the 2nd Regional Operations Group (ROG) Management Committee Meeting of 2026.
Stepping into the spotlight during the interactive “Kumustuhan with Secretary Cris” segment, Secretary Roque engaged directly with the department’s frontline directors. She expressed deep appreciation for their dedication and laid out a clear roadmap for the remainder of the year, emphasizing that regional execution is the linchpin of national economic success.
DTI strengthens MSME sustainability, resilience thru BCP training
ILOILO CITY(PIA) — To strengthen sustainability and resilience among micro, small, and medium enterprises (MSMEs), the Department of Trade and Industry (DTI) in Western Visayas has conducted a Business Continuity Planning (BCP) Training Program on April 28, 2026.
The training is part of DTI’s ongoing efforts to strengthen the capacity of MSMEs in responding to disruptions.
“We continue to support MSMEs by helping them become more sustainable and resilient, especially with the energy crisis now affecting daily business operations,” said DTI Western Visayas OIC Regional Director Mutya Eusores.
‘MSME support to sustain export growth momentum’
“As international trade environment continues to evolve, it is important that our exporters are prepared to adapt to new requirements and challenges. We continue to collaborate closely with industry partners, the private sector and international organizations to help Philippine exporters become more competitive, market-ready and globally connected,” Trade Secretary Cristina Roque said in a statement.
DTI taps 50 MSMEs for annual Kalakal trade fair, eyes global market expansion
CALAMBA CITY, Laguna (PIA) — The Department of Trade and Industry (DTI) CALABARZON is preparing 50 micro, small, and medium enterprises (MSMEs) from across the region to participate in this year’s Kalakal CALABARZON trade fair, as the agency intensifies efforts to position local products for wider domestic and international markets.
Themed “Likha ng CALABARZON: Galing Lokal Hanggang Global,” the annual trade fair will showcase a diverse range of products from MSMEs in Cavite, Laguna, Batangas, Rizal, and Quezon, highlighting the region’s creativity, innovation, and growing competitiveness in both local and export markets.
BSP raises key interest rate by 25 basis points to 4.75% in June 2026
MANILA,Philippines — The Bangko Sentral ng Pilipinas’ (BSP) Monetary Board has raised its target reverse repurchase rate (RRP) by 25 basis points to 4.75% in June 2026, citing “strong” inflationary pressures.
This is the second time in 2026 that the Monetary Board has raised its RRP. The last increase was also by 25 basis points in April 2026, bringing the rate to 4.50%.
World Bank retains Philippines growth forecasts
MANILA, Philippines — The World Bank has maintained its growth forecasts for the Philippines for this year and the next, despite spillovers from the Middle East conflict.
In its June 2026 Global Economic Prospects report, the World Bank said the Philippine economy may grow by 3.7 percent this year, unchanged from the forecast it provided in April.
Maximum repayment period for salary-based loans extended to 7 years
MANILA – The Bangko Sentral ng Pilipinas (BSP) has issued a circular extending the maximum repayment period for salary-based consumption loans to seven years from the current three years.
Under Circular No. 1239, series of 2026, issued on June 18, the extension covers
salary-based general-purpose consumption loans (SBGPCLs) or unsecured loans used for immediate to short-term needs like education, healthcare, emergencies, travel, household needs and other personal expenses.
Huge oil price rollback expected next week – DOE exec
MANILA – A significant cut in domestic fuel prices is expected next week as international oil prices have declined by around USD20 per barrel as of Wednesday, ahead of the scheduled signing of a U.S.-Iran peace deal on Friday.
Department of Energy (DOE) Director Rino Abad, in an interview on Bagong Pilipinas Ngayon on Thursday, said oil prices are expected to decrease further in the coming days due to improvements in the situation in the Middle East.
PSEi, peso end lower on BSP rate hike concerns
MANILA – Both the local stock market’s main index and the Philippine peso ended lower on Friday, partly due to concerns over the possibility of further rate hikes by the Bangko Sentral ng Pilipinas (BSP).
The Philippine Stock Exchange index (PSEi) slipped 0.30 percent to 6,135.35 points, while the broader All Shares index declined 0.37 percent to 3,380.77 points.
Most sectoral indices also ended in negative territory, except for Financials, which rose 0.75 percent.
New BSP rules aim to make e-payment fees fairer, more transparent
MANILA – The Bangko Sentral ng Pilipinas (BSP) has lifted the moratorium on increases in InstaPay and PESONet transaction fees and issued new rules aimed at making electronic payment charges fairer, more transparent and reflective of actual costs.
In Memorandum No. M-2026-025 issued on June 17, the BSP said the Monetary Board, through a resolution dated June 4, approved the lifting of the moratorium on fee increases for InstaPay and PESONet transactions.
The lifting of the moratorium will take effect concurrently with BSP Circular No. 1238, also issued on June 17, which provides amendments to the National Retail Payment System Framework and the Regulatory Framework for Merchant Payment Acceptance Activities.
Philippine turns to frozen ube imports to meet surging global demand
MANILA, Philippines — With ube or purple yam booming in popularity, the country has been importing frozen ube as local production fails to meet the root crop’s ever-growing demand in international markets.
Amid the ongoing “purple craze” for the Philippines’ favorite vibrant root crop, the country has allowed the importation of 54,064.97 kilograms of frozen ube in 2025, according to Philippine Statistics Authority (PSA) data analyzed by The STAR.
Rockport Power partners with Meralco, co-ops in push for cheaper energy
Major price cut in LPG seen
MANILA, Philippines — Prices of liquefied petroleum gas (LPG) are set for a major rollback of P12 per kilogram starting July 1, according to Regasco president Arnel Ty.
While previous rollbacks were attributed to lower shipping costs, this time around, it’s the contract price itself that has started to decline.
Bounty Fresh exec cites gains from proposed corn imports MAV hike
MANILA – The government’s food security bid will further get a boost from the Department of Agriculture’s (DA) proposal to increase the minimum access volume (MAV) for corn imports to 500,000 metric tons (MT) from 216,940 MT to date.
Kenneth Cheng, Bounty Fresh Group Holdings Inc. Chief Executive Officer (CEO) and Fresh Group President, in a briefing in Taguig City on Thursday, expressed support for the proposal.
PAGASA to roll out impact-based forecast vs. severe winds
TAGAYTAY CITY – The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) will roll out its new impact-based forecast (IBF) for severe winds beginning July.
The IBF is a system that projects the severity of damage extreme weather events may bring to specific localities.
It identifies where a weather-related hazard, like severe winds, may occur and suggests appropriate actions that a city or municipality could follow three to five days before it even happens.
GCash parent Mynt bound for stock market with P92.3-B IPO
MANILA, Philippines — Mynt Inc., the parent company of GCash, is set for an initial public offering that could raise up to P92.3 billion, potentially making it the largest IPO in Philippine history if approved and fully priced at the top end of its range.
In a statement on June 27, Mynt said it had submitted its registration statement to the Securities and Exchange Commission and its listing application for the main board of the Philippine Stock Exchange.
May
DTI: No price hike on basic goods until May 10 amid Mideast conflict
MANILA – The Department of Trade and Industry (DTI) on Friday said there will be no price increase for basic necessities and prime commodities until May 10, 2026.
Covered items include canned sardines, processed milk, bread, coffee, locally manufactured instant noodles, bottled water, laundry soap, candles, salt, canned meat, condiments, and toilet soap, all under suggested retail prices (SRP).
DTI EXEC URGES STRONGER ASEAN INTEGRATION AMID GLOBAL UNCERTAINTIES
MANILA – A Department of Trade and Industry (DTI) official on Wednesday underscored the need for closer regional integration to protect economies amid global uncertainties.
Trade Undersecretary Allan Gepty, during a briefing at the International Media Center in Cebu for the 48th Association of Southeast Asian Nations (ASEAN) Summit, said “national responses alone are not sufficient.”
Oil shocks, uncertainty muddy Philippine inflation forecasts, analysts say
ANALYSTS and economic managers are now finding it harder to precisely measure data in their inflation forecasts as rising uncertainty and the faster-than-usual transmission of oil price shocks challenge their models.
University of Asia and the Pacific (UA&P) economist Marco Antonio C. Agonia said analysts like himself typically use historical data and assumed relationships, both of which could still be adjusting to rapid developments from the unprecedented energy crisis.
PHL SHARE MAY STAY WEAK ON ECONOMIC WORRIES
PHILIPPINE STOCKS may move lower this week as concerns over the Middle East war and its impact on the domestic economy continue to weigh on investor sentiment.
On Friday, the Philippine Stock Exchange index (PSEi) fell by 1.21% or 73.30 points to close at 5,960.97, while the broader all shares index dropped by 0.67% or 23.04 points to 3,373.37.
Meanwhile, week on week, the benchmark index rose by 127.33 points from April 30’s 5,833.64.
Philippines downplays stagflation risk, will boost spending
The Philippines pledged a rapid ramp-up in government spending starting this month to revive an economy hit by a sharp slowdown in growth and surging consumer prices.
Ahead of a review of economic targets on May 11, Finance Secretary Frederick Go said the government has sufficient funds to back his spending plans and predicted a quick turnaround once the Middle East conflict is resolved.
PLDT Home rolls out AI-powered customer support system, strengthens retail operations nationwide
PLDT Home continues to accelerate its digital transformation initiatives as part of its long-term growth strategy, rolling out an AI-powered customer support platform across its Sales and Service Centers nationwide.
MANILA TECH SUMMIT 2026 BACKS DIGITAL ECONOMY, SEAMLESS ASEAN TRADE
QUEZON CITY (PIA) — Filipino entrepreneurs and migrant workers are expected to be the primary beneficiaries of a region-wide digital integration roadmap unveiled during the launch of the Manila Tech Summit 2026 on Wednesday.
The summit, scheduled for July 28 to 29 at the Manila Marriott Hotel Grand Ballroom in Pasay City, aims to streamline cross-border commerce for micro, small, and medium enterprises (MSMEs) and facilitate more efficient remittance transfers for overseas Filipinos.
Foreign investment approvals surge 52% in Q1
Foreign investment approvals by the country’s investment promotion agencies (IPAs) surged by more than half in the first quarter of 2026, although overall approved investments—including Filipino-led projects—declined sharply during the period, according to the Philippine Statistics Authority (PSA).
In a report on Thursday, May 14, the PSA said approved foreign investments reached ₱42.64 billion during the first quarter, up 52.3 percent from ₱27.99 billion in the same period last year.
MAHARLIKA, PETRON INK P15-B REVOLVING CREDIT DEAL TO BOOST FUEL SUPPLY
MANILA – The Maharlika Investment Corporation (MIC) has signed an agreement with Petron Corporation for a short-term revolving credit facility of up to PHP15 billion aimed at strengthening the country’s fuel security and enhancing economic resilience.
In a statement on Thursday, MIC said the facility, offered at prevailing interest rates, complements Petron’s existing funding arrangements and provides additional flexibility in managing fuel procurement and expanding its crude oil inventory.
Peso falls to new low of 61.64:$1
MANILA, Philippines – The Philippine peso fell to a fresh record closing low on Thursday, as domestic political tensions added pressure to an already weakening currency buffeted by a strong US dollar.
The local currency weakened by 26 centavos to settle at 61.64 per dollar, according to data from the Bankers Association of the Philippines, surpassing its previous all-time closing low of 61.567 set on April 29.
The peso posted an intraday low of 61.66 before recovering slightly. Trading volume eased to $1.6 billion from $1.8 billion a day earlier.
Lower transfer fees from LANDBANK seen to help families, small businesses
QUEZON CITY (PIA) — State-run Land Bank of the Philippines has reduced its InstaPay transfer fee for person-to-person transactions from P15 to P8, a move expected to provide relief to millions of Filipinos who rely on digital banking for their daily financial needs.
Effective May 21, the lower transfer fee applies to transactions made through the LANDBANK Mobile Banking App and iAccess. The bank is also offering one free InstaPay transfer daily for transactions worth P1,000 and below.
BSP OKs new framework to help banks maintain credit flow in downturns
MANILA – Universal and commercial banks (U/KBs) are now authorized to set aside funds for lending during periods of financial stress through the Positive Neutral Countercyclical Capital Buffer (PN-CCyB).
Under Bangko Sentral ng Pilipinas (BSP) Circular No. 1235, series of 2026, U/KBs, their subsidiaries and quasi-banks will have one year to comply with the new policy, while digital banks will be given two years.
Logistics, data centers anchor Philippine property resilience—APREA
Foreign investment approvals by the country’s investment promotion agencies (IPAs) surged by more than half in the first quarter of 2026, although overall approved investments—including Filipino-led projects—declined sharply during the period, according to the Philippine Statistics Authority (PSA).
In a report on Thursday, May 14, the PSA said approved foreign investments reached ₱42.64 billion during the first quarter, up 52.3 percent from ₱27.99 billion in the same period last year.
PCCI hails BIR reform easing closure, cancellation of registrations
MANILA – The Philippine Chamber of Commerce and Industry (PCCI) has welcomed the Bureau of Internal Revenue’s (BIR) move to simplify the closure and cancellation of business registrations, describing the reform as timely and responsive to the needs of taxpayers.
The BIR recently issued Revenue Memorandum Circular No. 47-2026, which streamlines documentary requirements, suspends the accrual of penalties for taxpayers who have completed closure submissions, and speeds up the release of tax clearances for qualified applicants.
PBBM raises pork import quota to stabilize prices, boost supply
MANILA – President Ferdinand R. Marcos Jr. has signed an executive order (EO) increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons (MT) to address supply shortages and stabilize market prices.
Under EO 116 signed by Marcos on May 19, the MAV for pork meat for MAV Year 2026 was increased from 54,210 MT to 204,210 MT.
April
DTI, Digital PINAS empower MSMEs in underserved communities through ICT equipment handover
Metro Manila —The Department of Trade and Industry (DTI) and the Digital PINAS Joint Programme, supported by the European Union, formally marked the handover of ICT equipment to 14 Negosyo Centers on 12 March 2026. Thousands of micro, small, and medium enterprises (MSMEs) in remote and underserved communities are set to benefit from expanded digital business support, strengthening digital inclusion and helping local businesses participate in the growing digital economy.
Strong MSME engagement sets the stage for SM Supermalls’ 2026 programs
DTI launches P4 billion MSME fund amid ME conflict
MANILA, Philippines — The Department of Trade and Industry (DTI) has rolled out a P4-billion loan facility to support micro, small and medium enterprises (MSMEs) affected by rising prices amid the ongoing Middle East conflict.
Speaking at the launch of the MSME Business Fund, Trade Secretary Cristina Roque said the facility was established due to the impact of the Middle East crisis on businesses.
PHILIPPINE MANUFACTURING PMI SHRINKS FOR THE FIRST TIME IN 5 MONTHS
PHILIPPINE FACTORY activity contracted for the first time in five months in April amid a sharp decline in new orders, S&P Global said on Monday.
The S&P Global Philippines Manufacturing Purchasing Managers’ Index (PMI) slumped to 48.3, a reversal from 51.3 in March, reflecting a “moderate deterioration in operating conditions.”
ASEAN MOVES TO BOOST ENERGY, FOOD SECURITY AMID MIDEAST CONFLICT
MANILA – The Association of Southeast Asian Nations (ASEAN) is moving to strengthen energy and food security as geopolitical tensions in the Middle East threaten regional stability, Trade Secretary and ASEAN Economic Community (AEC) Council Chair Cristina Roque said Thursday.
INFLATION EXPECTED TO JUMP IN APRIL AS PHILIPPINE GROWTH STAYS WEAK
Signs of stagflation are surfacing in the Philippine economy as it enters the second quarter of 2026, with private sector economists warning of a precarious mix of stalled growth and surging consumer prices.
The country’s economic output likely posted only a tepid recovery from the previous quarter’s slump, while inflation is projected to breach the central bank’s target ceiling amid supply disruptions exacerbated by conflict in the Middle East.
PHILIPPINE MANUFACTURING ACTIVITY CONTRACTED IN APRIL AS WAR BITES
MANILA, Philippines The fallout from the Middle East war continued to ripple across the Philippine manufacturing sector, dragging factory activity into contraction territory in April for the first time in five months.
The latest S&P Global survey of around 400 companies showed the Philippines’ Purchasing Managers’ Index (PMI) fell to 48.3 from 51.3 in March, dropping below the 50-point threshold that separates growth from contraction.
MSME Growth In 2026 Likely To Be Quality Driven Not Uniform
If 2025 taught India’s MSMEs anything, it is that growth is no longer linear. Demand did return in pockets, exports surprised on the upside in some sectors, and digital adoption accelerated quietly. Yet margins remained under pressure, credit costs stayed elevated, and policy signals, global and domestic, shifted frequently.
As we look ahead to 2026, the MSME sector enters the year neither pessimistic nor euphoric, but more resilient, more adaptive, and better prepared for change. That, in many ways, is a healthy place to be.
AURORA ECOZONE MAKES PITCH FOR MANUFACTURING, DEFENSE LOCATORS
THE Aurora Pacific Economic Zone and Freeport Authority (APECO) said it is looking to bring in manufacturing, agro-processing, and defense-related locators to its Cagisuran economic zone, which it is positioning as a port that will help mitigate disruptions posed by geopolitical uncertainties.
Also in focus are “infrastructure and policies to boost commercial fishing, aquaculture, and marine exports,” APECO President and Chief Executive Officer Gil G. Taway IV said in a statement on Thursday.
March
Strong MSME engagement sets the stage for SM Supermalls’ 2026 programs
Through its SM for MSMEs program, SM Supermalls empowered 920 new MSMEs and start-ups in 2025, with nearly 10% successfully transitioning into regular mall tenants through kiosks, counters, or in-line stores nationwide. Since its enhanced rollout in March 2024, the program has supported 2,288 unique MSMEs, providing real-world platforms where entrepreneurs can test, refine, and scale their businesses.
Read more: Manila Bulletin – Strong MSME engagement sets the stage for SM Supermalls’ 2026 programs
February
DTI chief sees approval of RACE budget this year
MANILA – Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque on Tuesday expressed optimism that the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) program will be approved and funded this year. In an interview, Roque said discussions on the program —described as a modified version of the Comprehensive Automotive Resurgence Strategy (CARS)— are ongoing.
“We’re hoping for that, definitely,” she said, referring to the discussions to be finished this year.
“But I can’t really say when. We need to finish the discussions first.”
Read more: DTI chief sees approval of RACE budget this year | Philippine News Agency
January
SBCorp. allocates P2B in loans for female-run firms
THE Department of Trade and Industry (DTI) said the Small Business Corp. (SBCorp.), has allocated P2 billion this year for a loan program targeting women-led enterprises.
“We continue to support women entrepreneurs seeking local and global expansion, while also opening opportunities for those ready to expand, create jobs, and strengthen local economies,” Trade Secretary Cristina A. Roque said.
“We understand that capital is a challenge to many, and the DTI through SBCorp. has tailored programs to meet the needs of our MSMEs, like this Women’s Enterprise Fund (WEF),” she added.
National Trade Fair - Go Local!
The much-awaited 2024 DTI Bagong Pilipinas National Trade Fair (NTF) is set to happen from August 21 to 25, at the Megatrade Halls 1-3 of SM Megamall, Mandaluyong City.
The NTF is a flagship initiative organized by the Department of Trade and Industry through the Bureau of Market Development, Promotions, and OTOP (BMDPO). It aims to promote the efficient marketing of local products and provide a platform for micro, small, and medium enterprises (MSMEs) to showcase their unique and innovative products to a wider audience.
Unwrap the Spirit of Filipino Creativity and Festivity:
Christmas Village Fair and National Fiesta Haraya
2nd Leg at SM Megamall on Nov 30 to Dec 4
Celebrate the warmth and vibrancy of the Filipino holiday season as the Megatrade Halls 2-3 of SM Megamall transform into a festive haven for the second leg of the DTI-Bagong Pilipinas Christmas Village Fair and National Fiesta Haraya, happening from November 30 to December 4, 2024, at Megatrade Halls 2-3. This grand celebration, spearheaded by the Department of Trade and Industry (DTI), is set to immerse visitors in the richness of Philippine culture, creativity, and entrepreneurship, making it the ultimate destination for holiday shoppers and culture enthusiasts alike.
Read more: https://msmehub.dti.gov.ph/pr2-for-christmas-village-fair/
OTOP Retail & Learning Center
OTOP Philippines proudly supports Filipino creatives at the PrintCon 2024 in the Philippine Trade Training Center, Pasay City.
This one-of-a-kind event brings together businesses, influencers, and the latest innovations in the local print industry. Explore cutting-edge technologies and ideas presented at Drupa 2024, plus hear from the country’s Creative Communities and MSMEs.
Visit the OTOP pop-up booth today and tomorrow, August 15-16, 2024 and shop for local products from select OTOP MSMEs.
You can also check out some of the exhibitors offering assistance in graphic and label design, digital printing, marketing and branding. 🎨💡
#PrintCon2024 #OTOPPhilippines
#PTTC
OTOP Bazaar
ICYMI: 10 AUGUST 2024 | The OTOP Bazaar has made its grand debut at Fisher Mall Quezon Avenue! 🎉✨
Starting today and running through August 23, head over to the Event Center to explore an array of exceptional local products. 🌟🛍️ Celebrate and support our hardworking MSMEs by uncovering one-of-a-kind finds.
Don’t let this opportunity pass you by—join us and be part of the celebration!
#OTOPBazaar #OTOPPhilippines #OTOPBazaarAtFisherMall #WhereYouFeelAtHome #iamDTIph
SEE MORE: (3) BDTP – ICYMI: 10 AUGUST 2024 | The OTOP Bazaar has made its grand… | Facebook
🌟 Discover the Best of Local Products at the OTOP (One Town, One Product) Bazaar Program! 🌟
Join us from August 10 to 23, 2024, at the UGF, Event Center Fisher Mall Quezon Avenue for the OTOP Bazaar in partnership with Department of Trade and Industry! 🎉
Dive into a world of unique, handcrafted treasures and innovative local products. Admission is FREE, so bring your friends and family for a fun-filled shopping experience and support local businesses.
See you there! 🛍️✨
#OTOPPhilippines #iamDTIph #ILoveFisherMall #WhereYouFeelAtHome
The ASEAN Online Sale Day is live! 🎉
Visit https://onlineasean.com to snag amazing discounts from stores in the Philippines and across ASEAN.
For more details and promos, check out www.dti.gov.ph/aseansale/
#iamDTIph #AOSD #ASEANOnlineSaleDay
WATCH | 𝗡𝗲𝘄 𝗣𝗛 𝗔𝗰𝘁𝗶𝗻𝗴 𝗧𝗿𝗮𝗱𝗲 𝗖𝗵𝗶𝗲𝗳 𝘃𝗼𝘄𝘀 𝘁𝗼 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲 𝗠𝗦𝗠𝗘𝘀, 𝗳𝗼𝗿𝗲𝗶𝗴𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁𝘀
Headstart: Karen Davila talks to acting Trade Secretary Cristina Aldeguer-Roque as she takes on the helm following the resignation of former Trade Secretary Alfredo Pascual. #iamDTIph
𝐑𝐄𝐀𝐃 | 𝐃𝐓𝐈, 𝐒𝐌 𝐏𝐫𝐢𝐦𝐞 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐈𝐧𝐜. 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐭𝐨 𝐛𝐨𝐨𝐬𝐭 𝐌𝐒𝐌𝐄 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐜𝐜𝐞𝐬𝐬
Pasay City, Philippines — To bolster micro, small, and medium enterprises’ (MSMEs) resilience and market reach, the Department of Trade and Industry (DTI) and SM Prime Holdings Inc. signed a memorandum of understanding (MOU) on business continuity planning (BCP) and a memorandum of agreement (MOA ) on the One Town One Product (OTOP) promotion, July 1.
See more: DTI, SM Prime Holding Inc. partner to boost MSME resilience and market access
PTV RISE AND SHINE
Filipino MSMEs are becoming more innovative with their products, as highlighted by Mr. Emerson Labang from DTI-BDTP. Featured on PTV4’s Rise and Shine Pilipinas are two standout MSMEs who present their unique local food products: Ms. Olive Sta. Juana of Papapings Baked Boneless Bangus and Ms. Thelma Gecolea of Starkaffea Corp.
#2024DTIBagongPilipinasNationalFoodFair #2024NationalFoodFair
#2024NFF #iamDTIph
27 JUNE 2024 | At Gulong At Gadgets, DTI-BMDPO Director Marievic Bonoan invited food enthusiasts to the upcoming 2024 DTI Bagong Pilipinas National Food Fair. Also joining the program were MSMEs Juan Carlos Lontoc of 90 PACIFIC CORP, Joanne Tan of YEAR LUCK FOOD & INDUSTRIAL CORPORATION, and Rochelle Pamplina of OMIE’S BUKO PIE. They are among the exhibitors at the 5-day food fair, happening from July 3-7 at the Megatrade Halls of SM Megamall.
GOOD MORNING KUYA
Discover and enjoy various Filipino food products at the 2024 National Food Fair on July 3-7, 2024, at Megatrade Halls 1-3, 5th Level, Mega B, SM Megamall!
To learn more interesting information about this exciting event as well as how aspiring entrepreneurs can join the fairs organized by the DTI – BDTP, watch our live interview with Mr. Emerson Labang and Ms. Cynthia Eusebio.
WATCH: 2024 National Food Fair at Good Morning Kuya
#2024DTIBagongPilipinasNationalFoodFair #2024NationalFoodFair #2024NFF
HIGHLIGHTS OF THE NATIONAL FAIRS 2023
NATIONAL arts and crafts FAIR (NacF) 2023 | highlights
NATIONAL TRADE FAIR (NTF) 2023 | HIGHLIGHTS
With theme “Go Green, Go Local!” The NTF 2023 featured more than 200 exhibitors from 17 regions, government partners, and major companies.
NATIONAL food FAIR (NfF) 2023 | HIGHLIGHTS
With theme “Go Discover, Taste, Enjoy!” The NFF BOOB 2023 featured 289 exhibitors from 17 regions, government partners, and major.
Angat Negosyo, Asenso Trabaho, Alagang Konsyumer para sa Bagong Pilipinas
COCONUT FARMERS AND INDUSTRY DEVELOPMENT PLAN
DTI-CFIDP PROGRAM DESCRIPTION
As provided under RA 11524, the Research, Marketing, and Market Promotion sub-program component shall be implemented by the Department of Trade and Industry – Bureau of Micro, Small and Medium Enterprise Development (DTI-BMSMED). Under EO 133, the DTI serves as the primary coordinative, promotive, and facilitative arm for trade, industry, and investment activities. It acts as the catalyst for intensified private sector activity to accelerate and sustain economic growth. (from the CFIDP Manual page 189)
LEARN MORE: https://pca.gov.ph/index.php/resources/coconut-farmers-industry-development-plan
DTI BMDPO ACTIVITIES WITH CFIDP
Festive Launch Marks the Opening of the 1st COCONUTPhilippines Trade Fair, an Industry Milestone
A special setting for our Cocopreneurs was set up in the following DTI Bureau of Market Development, Promotions and OTOP event:
- National Food Fair
- National Trade Fair
- Bagsakan Special Events
- Cashless Expo
- World Coconut Congress
- Go Lokal platforms
List of assisted Coconut MSMEs: CLICK HERE
Festive Launch Marks the Opening of the 1st COCONUTPhilippines Trade Fair, an Industry Milestone
The Department of Trade and Industry-Bureau of Marketing and Development Promotions Office (DTI-BMDPO), in collaboration with the Philippine Coconut Authority (PCA) and other key government and private sector partners, has officially opened the 1st COCONUTPhilippines Trade Fair at Megatrade Hall 1, SM Megamall. This groundbreaking event, a highlight of the Coconut Farmers and Industry Development Plan (CFIDP), is poised to elevate the Philippine coconut industry.
Read more: https://msmehub.dti.gov.ph/pr2-coconut-trade-fair/
