Several manufacturers of basic necessities and prime commodities (BNPCs) have voluntarily implemented a 60-day price freeze on select basic goods to address rising prices and mitigate the impact of El Nino on consumers, according to the Department of Trade and Industry (DTI). In a statement...
Consumer groups are pushing Congress to uphold automatic refunds for airline passengers whose flights are canceled or delayed for several hours. Just last week, the Transportation Department announced a rule requiring airlines to pay quick and automatic refunds. President Joe Biden touted the rule,...
GENEVA, Switzerland -- Fisheries, agriculture and WTO reform will be at the heart of intense negotiations when trade ministers from around the world gather in Abu Dhabi later this month. Big deals are unlikely during the World Trade Organization's 13th ministerial meeting, since its rules require...
Senator Mark Villar joined the Department of Trade and Industry (DTI) in its regular price monitoring activities to see if products are in adherence with Philippine standards or PS quality for those locally made and the Import Commodity Clearance (ICC). (Photo courtesy of the Office of...
DTI Secretary, Alfredo E. Pascual; Senator Robin Padilla; and Digital Pilipinas Convenor, Amor Maclang, join forces with Philippine investment champions as they promote the “Make it Happen in the Philippines” Campaign. With a GDP growth rate of 7.6% in 2022 and a P1.5 trillion investment...
Sen. Robin Padilla on Monday, Sept. 11 pushed for clearer regulations on Halal certification amid the confusion brought by having two different agencies involved in the certification and accreditation. Sen. Robin Padilla presides over the Committee on Cultural Communities and Muslim Affairs...
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...
