Trade and Industry Secretary Ramon M. Lopez has called for the reduction of business permit fees by local government units (LGUs) to help micro, small and medium enterprises (MSMEs) and ensure they continue to thrive, especially in this pandemic period. Lopez said at the Task Group on Economic...
Top executives of major Taiwanese manufacturing firms vowed to continue choosing the Philippines for their regional expansion plans. At the virtual Philippine Investment Forum in Taipei, co-organized by the Philippine Trade & Investment Center (PTIC) in Taipei and the Manila...
Six Japanese wiring harness firms are investing in the country with estimated investments of P10.5 billion and 18,650 jobs potential, according to Trade and Industry Secretary Ramon M. Lopez. Lopez based his announcement on the report by Commercial Counselor and Special Trade Representative...
Business name registrations in the first quarter this year already reached 432,962 almost half of the entire 2020 that registered with the Department of Trade and Industry (DTI) as economic challenges forced Filipinos to find innovative ways to earn a living during the pandemic. Trade and...
The Department of Trade and Industry, the leading agency that champions consumer protection, said majority or 99.70 percent of all consumer complaints processed in 2020 have been resolved via mediation. Amidst the pandemic that affected the lives of many Filipino consumers, the DTI last year...
The Anti-Red Tape Authority (ARTA) will meet with concerned agencies to discuss the establishment of green lane for faster processing of permit applications of local vaccine manufacturers following the directive of President Duterte. ARTA Director General Jeremiah Belgica said the Department of...
Filipino-owned United Laboratories (Unilab), the leading pharmaceutical company in Southeast Asia, has been confirmed to do local vaccine manufacturing in the country starting with the COVID-19 with plans to also export to other ASEAN countries, according to Trade and Industry Secretary Ramon M....
The Philippine economy lost an estimated P180 billion in just the recent two-week enhanced community quarantine (ECQ) in the National Capital Region and nearby provinces, according to Trade and Industry Secretary Ramon M. Lopez. Lopez said that based on estimates, the two-week strict lockdown...
Some 1 million employees cannot still return to work even if the National Capital Region (NCR) Plus bubble is now under a modified Enhanced Community Quarantine (MECQ) status, Trade and Industry Secretary Ramon Lopez said. According to Lopez, the DTI estimated 1.5 million workers lost their jobs...
A large majority, 94.7% percent of businesses and establishments in the National Capital Region (NCR) are compliant with the government mandated minimum health protocols (MHP), according to the first quarter survey by the Department of Trade and Industry. The first quarter DTI Fair Trade...
Economic activities listed under the 2020 Investment Priorities Plan (IPP) will serve as the initial projects that will qualify for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (CREATE) Law, Trade and Industry Secretary Ramon M. Lopez said. Lopez said that...
Trade and Industry Secretary Ramon M. Lopez said the loan take up of micro enterprises at the SB Corp., the micro financing arm of the government, has started to pick up. According to Lopez, the loan take up has already improved from about 200 applications a week only at the start to...
