DTI

Philippine merchandise exports surged by 15.7% in February 2024, recording $ 5.9 billion compared to $ 5.1 billion over a year earlier, based on preliminary data from the Philippine Statistics Authority (PSA).

The PricewaterhouseCoopers (PwC) Global Acceleration Center in the Philippines will focus on high-value BPO in consulting spaces, including artificial intelligence (AI), cloud computing, and cybersecurity.

The program will culminate in a demo day in April, providing an opportunity for the startups to showcase their progress and attract potential partners and investors.

The Philippine delegation also met representatives from Czech tech giant ERA to explore the company's interest in expanding its presence in the Philippines.

By June 2024, the product registration and other related provisions of RA 11900 or the Vape Law will take effect. All importation and manufacturing of vaporized nicotine and non-nicotine products and novel tobacco products shall be required to undergo the DTI mandatory certification process prior to market distribution.

The e-Mobility ASAP Project, which will last until June 2027, will focus on deploying e-mobility infrastructure, mostly targeting locations with large transport flows.

The majority of the applicants processed and completed their applications online based on the payment collections received.

The initiative aims to support micro, small, and medium enterprises (MSMEs) and make Halal products accessible online for sellers and consumers.

The Department of Trade and Industry (DTI) said the data center projects to be developed under the MOU is set to reach a total capacity of up to 500 megawatts.

The digital transformation journey for micro, small, and medium enterprises (MSMEs) in the Philippines is an important step towards their survival and growth in the increasingly globalized economy.