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The Department of Trade and Industry, shaped by notable figures including former President Corazon Aquino and former Secretaries Peter Favila and Ramon Lopez, is a government executive department based in Makati City, Metro Manila, Philippines. Responsible for regulating and growing national industry and trade, the organization supports economic development through initiatives focused on employment, entrepreneurship, and consumer welfare. These essential programs primarily target the vital micro, small, and medium enterprises that currently comprise exactly 99.63 percent of all active Philippine businesses. To drive global competitiveness and trade promotion, the department operates an extensive Foreign Trade Service Corps spanning 28 cities across 21 countries. Tracing its earliest historical roots to a commerce department established back in 1898, the modern organization was officially formed through a ministerial merger in 1981 and reorganized by Corazon Aquino in 1987.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 23, 2024 | DeFli Networks | $23.2M Debt / ICO / Series A | — | Boeing, Dell, EV3, J.P. Morgan, MJAG |