LAPU-LAPU CITY, Cebu —A more integrated Association of Southeast Asian Nations (ASEAN) has become essential in addressing the challenges arising from geopolitical uncertainties in the Middle East, according to a senior official of the Department of Trade and Industry (DTI).
The Department of Trade and Industry (DTI), through its financing arm Small Business Corporation (SBCorp), has launched a P2-billion loan program to help transport operators and drivers shift to electric vehicles.
Philippine exports rose to a record $14.47 billion in the first two months of 2026, marking an 8.3 percent increase from a year earlier and the highest January–February level since 1991, according to the Philippine Statistics Authority.
Philippine exports rose 7.9 percent in January 2026, extending their growth streak to 13 consecutive months as total earnings reached $7.1 billion, up from $6.6 billion in the same month last year.
The Department of Trade and Industry (DTI) is scaling up its logistics backbone, onboarding a new roster of private sector partners to reinforce supply chain resilience, enhance export competitiveness, and ease the movement of goods across the archipelago.
After decades of exporting unprocessed minerals to a limited number of buyers, the Philippines is moving to diversify its markets and expand domestic processing capacity in its critical minerals sector.
Security Bank Corp. has partnered with Bank of Ayudhya Public Company Limited (Krungsri), MUFG Bank Ltd., MUFG Innovation Partners Co., Ltd. (MUIP), Krungsri Finnovate Company Limited (KFIN), and the Department of Trade and Industry (DTI) to strengthen inbound and outbound startup collaboration and accelerate innovation across the region.
The Philippines reclaimed its position as the world’s second-largest banana exporter in 2025 after shipments rose to 2.925 million metric tons, marking a 26-percent year-on-year increase, the Department of Trade and Industry said in a statement quoting preliminary data from the Food and Agriculture Organization (FAO).
As social media platforms double as digital marketplaces, the rapid growth of online selling has raised the need for stronger awareness of seller rights and responsibilities under Philippine e-commerce laws.