Malacanang has already given its go signal for the Senate to “concur” the ratification of the Regional Comprehensive Economic Partnership (RCEP), which failed to pass in the previous Senate during the Duterte administration on strong opposition from various farmer groups. Trade and Industry...
Trade and Industry Secretary Fred Pascual started his onsite price watch with the pilot run of “Ikot Palengke” in Marikina City public market and supermarkets to tighten price and supply monitoring of basic necessities and prime commodities (BNPCs), ensure fair trading, and consumer protection...
Trade and Industry Secretary Alfredo E. Pascual assured biotech companies of ease of doing business in the country and tax incentives as he pushed for more innovative industries to address food security and improve the country’s participation in global value chains. “Biotech companies can...
APEC trade ministers adopted a set of recommendations to ensure the protection of maritime crew at the Philippine-led Policy Roundtable on the Safe Passage of APEC Maritime Crew as part of the meetings during the 33rd APEC Ministerial Meeting in Bangkok. During the meeting Thursday, Nov. 17, Trade...
Trade and Industry Secretary Alfredo E. Pascual has assured that development and promotion of the health industry will be a major thrust for development during the six year term of President Ferdinand Marcos Jr. administration. Pascual was reacting to the challenge by Senator Pia Cayetano, author...
Secretary Ramon M. Lopez Department of Trade and Industry (Photo from Mark Ches Ang) As another year unfolds, we make a list of things we want to achieve and resolutions we promise to keep — from living a healthier life to spending more time with our loved ones. Why not include a commitment to...
By Secretary Ramon M. Lopez Department of Trade and Industry Photo by Mark Ches Ang As we navigate through this COVID-19 pandemic, we have always worked on how we can balance the need to protect lives and livelihood. Building back better has been our objective, and we believe that we can sustain...
Google-Philippines-office Digital transformation can create up to P5 trillion in annual economic value by 2030, according to a new Google Philippines - commissioned report released Oct. 19, 2021. Of this value, P3.5 trillion could come from technologies that help businesses mitigate the economic...
The Philippines has batted for a transparent and predictable regulatory environment in the services sector more than providing access to services markets amid an uneven progress among economies in the Asia Pacific Economic Cooperation (APEC). Trade and Industry Secretary Ramon M. Lopez Trade and...
EU hints resumption of trade negotiations with PH The EU said it is currently assessing the possible resumption of bilateral trade negotiations with the Philippines as the 27-European country union steps up its strategic engagement with the Indo-Pacific region. European Union (EU) In its Joint...
Investments to Philippine startups reached $547 million as of 2020, including $50 million poured into local startups, according to Trade and Industry Secretary Ramon M. Lopez. In a keynote speech at the virtual Manufacturing Summit 2021, Lopez revealed that $547 million have been invested to...
Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
