Trade and Industry Secretary Alfredo E. Pascual said that based on the agency’s market monitoring, supplies of basic goods in the groceries are enough for the next 2-4 weeks. Pascual made this assurance after meeting with manufacturers of basic necessities and prime commodities (BNPCs) as...
Manufacturers of canned sardines, coffee, salt, instant noodles and canned meat have submitted requests to the Department of Trade and Industry (DTI) to increase the Suggested Retail Price (SRP) of these basic goods. DTI Secretary Alfredo E. Pascual said that manufacturers cited various reasons for...
The Department of Trade and Industry (DTI) has sought stronger ties with the US-APEC Business Coalition, a prominent American business group, to further improve trade and investment opportunities between the Philippines and US. Trade and Industry Secretary Alfredo E. Pascual meets with the...
The Philippines said that labor is an important element to trade policy, stressing that any trade policy must ensure that workers are empowered and their rights protected. Trade and Industry Secretary Fred Pascual (left) and Foreign Affairs Undersecretary Carlos Sorreta,at the Asia Pacific Economic...
Trade and Industry Secretary Fred Pascual said Wednesday, May 24, that the Philippines is keen on pursuing the resumption of negotiations for free trade agreement with the EU citing support from the Sweden, which holds the current president of the EU Council, and the EU businessmen operating in...
The National Development Co. (NDC), the government’s investment arm under the Department of Trade and Industry (DTI), has agreed to renew for another 25 years the lease of American oil company Chevron Philippines Inc. (CPI) on certain parcels of land used for its energy infrastructure in the...
Trade and Industry Secretary Fred Pascual said the Philippines supports the resumption of air, land, and sea connectivity in the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP-EAGA) as the sub-regional grouping implements its $24.3 billion worth of connectivity...
The National Commission for Muslim Filipinos (NCMF) has proposed for the creation of “Lake Lanao Special Economic Zone” to develop a halal ecosystem in the country to improve the country's participation in the huge export potential for Halal products. This was proposed raised by Engineer...
The Department of Trade and Industry (DTI) seized uncertified vaporized nicotine and non-nicotine products, and novel tobacco products worth P3 million and found that a large majority of online stores are non-compliant with the implementing rules and regulations of the VAPE Law. DTI Secretary...
Aside from looking for potential supplier for the planned nuclear power plant in the Philippines, Trade and Industry Secretary Alfredo E. Pascual said the government is also eyeing potential manufacturing of nuclear power reactors in the country. It could be recalled that President Ferdinand R....
The Philippines has asked the US government for the inclusion of garments and shoes in the list of products eligible for zero duty under the US Generalized System of Preferences (GSP), which grants preferential or zero tariffs on exports by developing countries to the US market. Trade and Industry...
COOPERATION AGREEMENT – President Ferdinand R. Marcos Jr. witnessed the signing of the Cooperation Agreement between Jaime Augusto Zobel de Ayala, Chairman of the Board of Directors of AC Industrial Technology Holdings, Inc. and Zero Motorcycles Chief Executive Officer Sam Paschel for the...