Murata Manufacturing to invest JPY 11.2 billion in Batangas plant

TANAUAN CITY, BATANGAS — The Philippine Manufacturing Co. of Murata Inc. (PMM), a local manufacturing subsidiary of Japanese electronic parts maker Murata Manufacturing, announced on 01 August 2023 the construction of a new production building located at the First Philippine Industrial Park in Tanauan City, Batangas. Murata Manufacturing was founded in Kyoto, Japan in 1944. continue reading : Murata Manufacturing to invest JPY 11.2 billion in Batangas plant

DTI intensifies partnership with industry enablers for its Scale Program

MAKATI CITY – The Department of Trade and Industry (DTI), in partnership with the Management Association of the Philippines (MAP), PwC Philippines, QBO Innovation Hub, and Foxmont Capital Partners, initiated a session highlighting government initiatives and expansion opportunities last 01 August 2023 at QBO Innovation Hub, Makati City. The session marked the second installment of continue reading : DTI intensifies partnership with industry enablers for its Scale Program

DTI Chief Pascual urged Malaysian businesses to invest in the Philippines

KUALA LUMPUR, MALAYSIA – Highlighting the strong partnership between Malaysia and the Philippines, Department of Trade and Industry (DTI) Secretary Fred Pascual emphasized the country’s best asset–its young, skilled, and tech-savvy human capital during the Philippine Business Opportunities Forum held on July 27. He further stressed that mid-tier Malaysian companies should consider the country as continue reading : DTI Chief Pascual urged Malaysian businesses to invest in the Philippines

Five LOIs signed, set to create more jobs for Filipinos—Trade Chief

KUALA LUMPUR, MALAYSIA—On Thursday, 27 July 2023, President Ferdinand R. Marcos, Jr. together with Department of Trade and Industry (DTI) Secretary Fred Pascual attended a series of meetings with Malaysian businesses, which forms part of the President’s State Visit to Malaysia. The Philippines and Malaysia have a longstanding bilateral relationship and have been trade and continue reading : Five LOIs signed, set to create more jobs for Filipinos—Trade Chief

DTI promotes Philippine art and fashion elements in Hong Kong international exhibit

HONG KONG – The Department of Trade and Industry through its trade and investment promotion arm in Hong-Kong, the Philippine Trade and Investment Center (PTIC-HK) in collaboration with the Philippine Consulate General in Hong Kong (PCGHK) joined the International Culture, Tourism, and Intangible Cultural Heritage Exhibition (ICTICHE) on 30 June 2023 to 2 July 2023 continue reading : DTI promotes Philippine art and fashion elements in Hong Kong international exhibit

Univercells to partner with PH for vaccine manufacturing projects—DTI’s Pascual

BRUSSELS, BELGIUM—On 28 June 2023, Department of Trade and Industry (DTI) Secretary Fred Pascual led the one-on-one meeting with Mr. Jose Castillo, CEO of Biosciences, a subsidiary of Univercells, a global life sciences company with the mission of making biologics accessible to all. Through combined expertise in scaling, production, and bioprocessing, Univercells’ revolutionary approach through continue reading : Univercells to partner with PH for vaccine manufacturing projects—DTI’s Pascual

Pascual seeks Germany’s support on the resumption of the EU-PH FTA negotiations 

BERLIN, GERMANY—Department of Trade and Industry (DTI) Secretary Fred Pascual met with State Secretary Udo Philipp of Germany’s Federal Ministry for Economic Affairs and Climate Action (Bundesministerium für Wirtschaft und Klimaschutz or BMWK), on Monday, 3 July 2023. The meeting aimed to strengthen the institutional linkage between the DTI and the BMWK, reinforcing the discussions held continue reading : Pascual seeks Germany’s support on the resumption of the EU-PH FTA negotiations 

DTI pitches investment opportunities at RCEP Forum in China

SHANDONG PROVINCE, CHINA — The Department of Trade and Industry (DTI) Trade Promotions Group (TPG), the Foreign Trade Service Corps (FTSC) and Philippine Trade and Investment Center (PTIC) in Beijing participated in the 2023 High-Level Forum for Regional Comprehensive Economic Partnership (RCEP) Economic and Trade Cooperation in Qingdao, Shandong Province, China. The annual event is continue reading : DTI pitches investment opportunities at RCEP Forum in China

DTI and Germany’s SAP in talks for potential cooperation in upskilling programs for PH SMEs

BERLIN, GERMANY—On 3 July 2023, Department of Trade and Industry (DTI) Secretary Fred Pascual led a meeting with Dr. Caroline King, Systemanalyse Programmentwicklung’s (SAP) Head of Government Affairs and Mr. Patrick Grofig, Chief Operating Officer of SAP Labs Network. Organized by the Philippine Trade and Investment Center (PTIC) in Berlin, the meeting facilitated discussions on continue reading : DTI and Germany’s SAP in talks for potential cooperation in upskilling programs for PH SMEs

Pascual: PH economy grew significantly in 2022 and Q1 2023, making it a viable investment destination

BERLIN, GERMANY—Kicking off his working visit to Germany, Department of Trade and Industry (DTI) Secretary Fred Pascual on Monday, 3 July 2023, delivered a keynote message during the Philippine German Investment Forum where he highlighted the Philippines’ economic gains that make the country an ideal market for German exports and a strategic hub for German continue reading : Pascual: PH economy grew significantly in 2022 and Q1 2023, making it a viable investment destination