President Ferdinand "Bongbong" Marcos Jr. has named Go Negosyo Founder Jose Maria "Joey" Concepcion III a member of the Micro, Small, and Medium Enterprise Development Council (MSMEDC) of the Department of Trade and Industry (DTI), the Presidential Communications Office (PCO) revealed. *Go Negosyo...
The Philippines is looking forward to the implementation of Developing Countries Trading Scheme (DCTS), the new form of generalized system of preferential (GSP) trading system of the United Kingdom which provides larger product coverage than EU’s GSP+. Trade and Industry (DTI) Secretary Alfredo...
The domestic nickel industry said the government should first provide a stable policy environment for the mining industry, primarily on nickel, to be able to attract more foreign investors and participate in the electric vehicle (EV) global value chain. FNI and PNIA President Dante R. Bravo...
Global trade growth in 2023 is still expected to be subpar despite a slight upgrade to GDP projections since last fall, according to the World Trade Organization (WTO). A new“Global Trade Outlook and Statistics” report by WTO economists on Wednesday, 5 April, forecasts that volume of world...
The Department of Trade and Industry (DTI) has sought for further collaboration with the advertising industry to tighten controls against fraudulent advertising, by including online marketing, amid increases in consumer complaints, primarily emanating from internet-based transactions. In a speech...
The Department of Trade and Industry (DTI) through Board of Investment (BOI) shall recommend for approval to the Fiscal Incentives Review Board (FIRB) an EV incentive strategy (EVIS), similar tax incentives driven to the Comprehensive Automotive Resurgence Strategy (CARS) Program, to ensure the...
The powerful Commission on Appointments (CA) confirmed on Wednesday, February 1, Alfredo E. Pascual as secretary of the Department of Trade and Industry (DTI). The confirmation was done during the CA plenary session at the Senate building and which was presided by Senate President Juan Miguel...
Senator Risa Hontiveros on Tuesday, January 31 called on the government to help cushion the impact of the rise of artificial intelligence (AI) chatbots on the Business Process Outsourcing (BPO) industry. Hontiveros said the Department of Trade and Industry (DTI) should put safeguards in place for...
The European Chamber of Commerce of the Philippines (ECCP) backs the confirmation of Secretary Alfredo Pascual as Department of Trade and Industry (DTI) chief. In a statement on Thursday, Dec. 30, the Chamber appreciates the leadership of Secretary Pascual as well as his commitment to developing...
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...
The Department of Trade and Industry has identified three priority legislative measures for immediate passage by Congress to support economic growth. These priority bills are the Senate confirmation on the ratification of the Regional Comprehensive Economic Partnership (RCEP), Omnibus Micro Small...
Trade and Industry Secretary Afredo E. Pascual said he would shift real focus of his agency towards industrialization stressing that manufacturing is the only way to be sustainable and become an inclusive economy. At the briefing by the DTI for the Senate committee on trade, commerce and...
