Local content in domestic automotive manufacturing more than doubled to 42 percent from only below 20 percent following the implementation of the Comprehensive Automotive Resurgence Strategy (CARS) Program, reported a top official of the Department of Trade and Industry (DTI). DTI Undersecretary...
The Department of Trade and Industry (DTI) said it has intensified its campaign against illegal vape retailers both physical and online stores amid proliferation on the use and sale of prohibited vape products with the confiscation of P3.5 million worth of items and more stores facing investigation....
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 Department of Trade and Industry - Fair Trade Enforcement Bureau (DTI-FTEB) seized additional prohibited vaporized nicotine and non-nicotine products and novel tobacco products, or commonly called vape, in intensified crackdown in the metro targeting both physical and online stores. In a...
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 Philippine Healthcare Information Management Services (HIMS) sector reported that it generated $85.9 million in closed deals and future contracts at the recent roadshows in the US, according to the Department of Trade and Industry (DTI). The domestic HIMS sector reported the results of their...
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 country’s largest construction materials manufacturers issued an appeal to builders and construction companies to “Build Lokal” by patronizing the use of local building materials in their projects over imported products to support the growth of domestic manufacturing. The group issued this...
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...
A Memorandum of Agreement (MOA) have been forged by various parties to strengthen collaboration and scale up the technology sector for global competitiveness amid robust growth among startups in the Philippines. The MOA was signed by the Management Association of the Philippines (MAP),...
