Trade and Industry Secretary Ramon M. Lopez is pushing for shorter quarantine policy for vaccinated persons, including seniors 65 years old and above, and foreign travelers, who have been discouraged to fly into the Philippines because of the long quarantine period. At the Commitment Ceremony and...
Imported plywood for furniture making are no longer subject to the mandatory product sampling and testing, the Department of Trade and Industry (DTI) said. DTI’s Bureau of Philippine Standards (BPS) issued Memorandum Circular (MC) No. 21-17, series of 2021 providing supplemental guidelines for...
An executive order granting P3-billion subsidy package for the electric vehicle manufacturing sector has been submitted to Malacanang and is awaiting approval by President Duterte as part of the incentives to encourage more investments to modernize the transport sector and to support the...
Events venues, which had been closed for quite some time because of the pandemic, are now allowed to resume operations under limited capacities in areas under general community quarantine (GCQ) with heightened restrictions, the Department of Trade and Industry said. Advisory No. 21-09 series of...
The Strategic Industries Priorities Plan (SIPP), the new list of priority economic activities entitled to new tax incentive packages under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, will focus on investments that are innovation-driven. Trade and Industry Secretary Ramon...
The Department of Trade and Industry (DTI) will provide information of business names of employees and officials under lifestyle checks to help efforts against corruption in government. DTI Secretary Ramon M. Lopez said at the Project Kasangga: Tokhang Laban sa Korapsyon Anti-Corruption...
The manufacturing sector, which accounts for 20 percent of the country’s GDP, is expected to sustain its growth momentum being the most cost competitive among peers in Asia. At the Security Bank’s 2021 Economic Forum The Future of the Philippine Manufacturing Industry Both Trade and Industry...
The Philippines is becoming a motorcycle production hub in the region with local producers, the latest of which is Honda Philippines Inc., now exporting locally made units, Trade and Industry Secretary Ramon M. Lopez said. Trade and Industry Secretary Ramon M. Lopez “Honda will start exporting...
Extended GCQ eyed in June Trade and Industry Secretary Ramon M. Lopez on Wednesday, (May 26) urged that the country’s COVID-19 vaccination should be focused on the National Capital Region (NCR) Plus, the economic engine of the country, to achieve an earlier herd immunity and faster economic...
“Tangerine” of the Four K Kakao Farm in the province of Quezon, an emerging powerhouse for cacao production in the country, will showcase its recently launched range of chocolate products through the Department of Trade and Industry’s “Kalakal Quezon”. The fair, featuring cacao at SM City...
Senator Risa Hontiveros on Tuesday, May 25, urged the government to realign unutilized funds under the Bayanihan to Recover as One Act or Bayanihan 2 to augment the cash assistance to Filipinos to accommodate more beneficiaries still struggling with the effects of the novel coronavirus (COVID-19)...
The COVID-19 pandemic has accelerated the pace of digital transformation worldwide. In the Philippines, the protracted lockdown has brought about a shift to digital and online payments. Artificial intelligence (AI) has become the catalyst for the increased tempo of what is now widely known as the...
