IN 2023, the Department of Trade and Industry (DTI) and its attached agency, the Board of Investments (BOI), held a conference for members of the Chinese Enterprises Philippine Association (CEPA) who wanted to leverage on the numerous prospects that the country has to offer. The BOI conducted the Philippine Investment…
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MANILA - The Department of Trade and Industry (DTI) on Friday said the agency has promoted the Philippines to Chinese manufacturers of batteries and electric vehicles as their next destination for their investments. This as the DTI participated in the 2022 International Summit on Lithium Battery Technology and Application for Light Electric Vehicles (BLEV 2022) in Guangzhou, China recently, where it pitched the investment opportunities in the Philippines for e-vehicle and battery manufacturers. DTI Foreign Trade Service Corps (FTSC) Assistant Secretary Glenn Penaranda told Chinese firms that the Philippines enacted the Electric Vehicle Industry Development Act (EVIDA) into law last May which will support the growth of the local e-vehicle industry. "(EVIDA) provides for a national policy framework to develop the electric vehicle industry in the Philippines, particularly for the shift to EVs and for further attracting investments and creating high-value jobs," Penaranda said. W
Get a chance to win up to ¥10 million in the S-booster competition, a Japanese space-based idea competition that welcomes business ideas related to the commercial applications of space.
PhilSA Space Policy and International Cooperation Bureau Director Noelle Riza Castillo delivers a presentation