Discover how the Philippine creative industries contributed P52.8 billion to the economy in Q3 2023, with an impressive growth rate of 15.5%. Learn about the impact of the first Philippine Creative Industries Month and the efforts of the DTI to support and develop this thriving sector. Find out how the implementation of the Philippine Creative Industries Development Act is driving sustainable growth and creating economic opportunities for Filipino creatives. Explore the initiatives to revitalize local creative economies and build creative cities. Stay informed about the latest developments in the arts, entertainment, and recreation sector and the broader creative industries landscape in the Philippines.
The government plans to allocate P500 million for a venture fund aimed at co-financing the business expansion of creative enterprises and individuals, according to Trade and Industry Secretary Alfredo Pascual.
THE Department of Trade and Industry (DTI) announced that a P20-million fund for 2023 was created to jumpstart startups in the creative industry. “We’re starting with P20 million; this is just for the year and the plan is just to jumpstart the whole process,” DTI Undersecretary for Competitiveness and Innovation…
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