Government should further reopen the domestic economy to prevent job losses resulting from downsizing or closure of a number businesses, the Employers Confederation of the Philippines (ECOP) and the government’s economic managers urged. Trade and Industry Secretary Ramon M. Lopez expressed hopes...
The departments of trade and industry and the agriculture are finalizing within this week a price cap for imported pork which could even be lower than the existing price ceiling on pork. This was revealed by Trade and Industry Secretary Ramon M. Lopez during the Malacanang public press briefing of...
The Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act can bring in over P200 billion in new investments and generate as much as 2 million additional jobs, according to Trade and Industry Secretary Ramon M. Lopez. According to Lopez, the bicameral approved CREATE will be a big boost...
The Department of Trade and Industry (DTI) will look into the possibility of implementing a suggested retail price (SRP) on car seats on private vehicles to ensure prices will not skyrocket as government starts to enforce Republic Act 11229 or the Child Safety and Motor Vehicle Act. DTI...
An Inter-Agency Task Force on National Employment Recovery Strategy (NERS) is being constituted to address the alarming high unemployment situation in the country and help Filipinos get back to the new normal. This developed as government agencies led by the Department of Trade and Industry signed...
An Inter-Agency Task Force on National Employment Recovery Strategy (NERS) is being constituted to address the alarming high unemployment situation in the country and help Filipinos get back to the new normal. This developed as government agencies led by the Department of Trade and Industry...
Putting up a business is not an easy feat but these young Filipino entrepreneurs continue to overcome the many challenges of a business along with what this year has to offer. What drives them is the synergy of business and purpose: to promote local products. Learn more about their stories below....
Land Bank of the Philippines (LANDBANK) has opened a new credit facility that will fund 90 percent of borrowers’ investment requirement, but this is only if the borrower is either a farmer or a micro, small, and medium enterprise (MSME) engaged in the agricultural value chain of certain...
Trade and Industry Secretary Ramon M. Lopez yesterday said the domestic economy is expected to recover to 6 percent GDP growth this year, which he premised on the easing of restrictions under a modified general community quarantine (MGCQ) status for the National Capital Region and neighboring...
The Board of Investments (BOI), the Philippine premier investment generation agency, has set a P1.25 trillion investments target in 2021, following the approval of P1.02 trillion in committed investments last year. “We are working hard for a V-shaped Philippine economic recovery in 2021 and are...
Trade and Industry Secretary Ramon Lopez said the latest manufacturing index bodes well for the economy as he cited efforts in the cold chain and copper industries development as crucial pillars that will strengthen the country’s supply value chain. The Philippine Manufacturing Purchasing...
The Department of Trade and Industry (DTI) has a standing recommendation to impose price caps on pork not just on the retail price side, but across the value chain to ensure traders, hog raisers and other middle men are not engaged in profiteering activities. DTI Secretary Ramon M. Lopez stressed...
