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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.

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

NG gross borrowings decline in October

THE NATIONAL Government's (NG) gross borrowings declined in October amid a drop in foreign debt, the Bureau of the Treasury said.

time to read

2 mins

December 01, 2025

Business World Philippines

Business World Philippines

Honda Foundation extends aid to Typhoon Tino survivors

LATE LAST month, associates from the Cebu office of Honda Philippines, Inc. (HPI) representing Honda Foundation, Inc. (HFI) visited affected families in Barangay Cotcot, Liloan, Cebu.

time to read

1 min

December 01, 2025

Business World Philippines

Poll: Inflation likely eased in Nov.

HEADLINE INFLATION likely eased in November as lower prices of food, particularly rice, may have tempered higher utility costs during the month, analysts said.

time to read

3 mins

December 01, 2025

Business World Philippines

Business World Philippines

Filipinos push back as flood control scandal sparks fresh protest wave

BJ I. MABINI didn’t plan on joining a street protest. But when he saw videos of politicians’ relatives flaunting designer bags and luxury cars online — days after headlines warned that billions of pesos meant for flood control had vanished — he said he had reached his limit.

time to read

6 mins

December 01, 2025

Business World Philippines

Business World Philippines

The Good Meat elevates Noche Buena dishes with new twists

FOR FILIPINOS, Noche Buena is more than a feast.

time to read

1 min

December 01, 2025

Business World Philippines

Business World Philippines

SEVEN-SEATER CONTENDER

Mitsubishi unveils all-new Destinator

time to read

2 mins

December 01, 2025

Business World Philippines

Business World Philippines

DoST honors outstanding MSMEs at National Science, Technology and Innovation Week 2025

THE DEPARTMENT OF SCIENCE and Technology (DoST) recognized nine outstanding micro, small, and medium enterprises (MSMEs) under its Small Enterprise Technology Upgrading Program (SETUP) during the 2025 National Science, Technology, and Innovation Week (NSTW) held in Laoag City.

time to read

1 mins

December 01, 2025

Business World Philippines

PHL export prospects riding on tariff ruling by US Supreme Court

A US Supreme Court ruling on the reciprocal tariffs will shape the Philippines’ trade prospects as the justices grapple with President Donald J. Trump’s radical overhaul ofthe trading system, analysts said.

time to read

2 mins

December 01, 2025

Business World Philippines

PHL companies double down on sustainability – Schneider survey

ENERGY TECHNOLOGY SOLUTIONS provider Schneider Electric recently announced the results of its annual Green Impact Gap survey revealing that Philippine business leaders increasingly view sustainability as a driver of growth and competitiveness, even as they cite economic uncertainty and geopolitical instability as barriers to further sustainability investment.

time to read

1 mins

December 01, 2025

Business World Philippines

Rice, galunggong prices up, meat steady in mid-Nov.

PRICES of rice and galunggong (round scad) rose in mid-November, while pork and chicken prices were little changed, according to the Philippine Statistics Authority (PSA).

time to read

1 mins

December 01, 2025

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