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Saturday, May 4, 2024

Economy & Trade

PH, Korea to launch FTA portal to streamline export processes

The Philippines and Korea will launch a free trade agreement (FTA) information portal and origin management system in the fourth quarter of 2024 to streamline export processes and enhance the competitiveness of Philippine products in FTA markets. Portal developer InterCommerce Network Services Inc. president and chief executive Francis Lopez said the portal would allow exporters to easily access information and determine the best target market and applicable FTA for their...

Trading company faces charges over fake receipts

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. said Thursday the...

Gov’t debt declined 1.7% to P14.93t in March on a monthly basis—Treasury

The national government’s outstanding debt went down to P14.93 trillion as of...

DTI’s RAPID project makes major strides

A study by state think tank Philippine Institute for Development Studies (PIDS)...

LATEST Economy & Trade

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DTI confiscates P25-m worth of banned Flava vape products

Authorities confiscated P25 million worth of banned vape products under the Flava brand for being distributed near a school and for containing flavor descriptors...

Digital economy expanded 7.7% to surpass P2t in 2023, says PSA

The Philippine digital economy reached P2.05 trillion in 2023, contributing 8.4 percent to the gross domestic product (GDP), according to Philippine Statistics Authority (PSA). This...

Consumers warned vs. substandard products

The Department of Trade and Industry (DTI) and the private sector are working closely to safeguard consumers and the construction materials stakeholders against substandard...

Lazada to continue support for Filipino entrepreneurs

Lazada Philippines renewed its commitment to support the growth of Philippine entrepreneurship. “What we do at Lazada is simple: we build entrepreneurs and make selling...

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