मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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DTI P14-B budget pitch cites need to expand investment promotion

Business World Philippines

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September 01, 2025

THE Department of Trade and Industry (DTI) said it hopes to obtain an additional P2 billion for its 2026 budget, citing the need for more investment promotion and industry support.

"We are still hoping that the P12 billion can still go up by another P2 billion," Trade Secretary Ma. Cristina A. Roque told reporters on the sidelines of the opening ceremony of the COCONUT Philippines Trade Fair on Friday.

"Based on the budget hearing, everybody wants to support the small and medium enterprises and, of course, foreign trade because they can see the results," she added.

Under the National Expenditure Program (NEP) 2026, the DTI and agencies under its umbrella were allocated P12.426 billion.

She said that a portion of the budget will be used to promote international trade and foreign investment.

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Business World Philippines

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Opportunities abound in Islamic banking

ISLAMIC BANKING is quietly becoming a major part of the financial services industry worldwide. According to a report by international financial data and market services firm LSEG and the Islamic Corporation for the Development of Private Sector (ICD) of the Islamic Development Bank Group, Islamic finance sector reached $4.9 trillion in assets in 2023.

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4 mins

September 19, 2025

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Holiday spending boost to prop up PHL GDP growth

THE SEASONAL INCREASE in household spending amid the upcoming holiday season could help propel Philippine economic growth to reach the government's target, Department of Economy, Planning, and Development (EPDev) Secretary Arsenio M. Balisacan said.

time to read

2 mins

September 19, 2025

Business World Philippines

Export sales may hit only $105 billion this year as US orders slow down — Philexport

SOME EXPORTERS have seen slower orders from the United States after the 19% \"reciprocal\" tariff took effect last month, which could cause outbound shipments this year to be lower than previously expected, the Philippine Exporters Confederation, Inc. (Philexport) said.

time to read

1 min

September 19, 2025

Business World Philippines

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The New Plague: Online child abuse

The world has experienced many disasters and different types of plagues.

time to read

5 mins

September 19, 2025

Business World Philippines

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Shari’ah principles in Philippine Islamic banking

ISLAMIC BANKING has become one of the fastest developing financial systems, serving millions of Muslims and non-Muslims who are drawn to its ethical principles.

time to read

3 mins

September 19, 2025

Business World Philippines

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A decade of honoring excellence in PHL real estate

Country's top community builders recognized at Dot Property Philippines Awards 2025

time to read

6 mins

September 19, 2025

Business World Philippines

Trillion Peso March: Rising flood of people, not ghosts, but real

‘o, what is unfolding day after day toward the Sept. 21 Martsa ng Bayan (March of the Nation) is not, to borrow Shakespeare’s words, “a walking shadow... a poor player that struts and frets his hour upon the stage, and then is heard no more.”

time to read

4 mins

September 19, 2025

Business World Philippines

BPI unveils insurance for freelancers, entrepreneurs

BANK OF THE PHILIPPINE ISLANDS (BPI), in partnership with BPI MS Insurance Corp., has launched an accident insurance plan tailored for freelancers, consultants, digital nomads and other self-employed workers, tapping into a fast-growing segment of the economy.

time to read

1 min

September 19, 2025

Business World Philippines

Fed cut gives BSP more room to ease

THE BANGKO SENTRAL ng Pilipinas (BSP) now has more room to continue its policy easing to support economic growth after the US Federal Reserve delivered a much-awaited cut on Wednesday but may stay cautious amid lingering inflation risks.

time to read

5 mins

September 19, 2025

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Data quality key to using AI tools for gov’t policymaking, anti-corruption efforts

THE PHILIPPINES must increase its data-related investments so it can harness artificial intelligence (AI) technologies for improved policymaking and accountability in government, according to experts.

time to read

1 min

September 19, 2025

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