The Philippine International Trading Corporation (PITC) has failed to construct a hospital for emerging and re-emerging infectious diseases despite receiving the funds for the project two years before the 2019 coronavirus disease pandemic struck. Research Institute for Tropical Medicine This was...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...
The United Nations Development Programme (UNDP) has formally turned over to the Department of Trade and Industry (DTI) the Enhanced Manufacturing of Protective Wear and Equipment for COVID-19 Response in the Philippines ( EMPOWER PH ), an online platform that connects suppliers and manufacturers to...
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)...
Unimplementable, discriminatory. That's how a Department of Trade and Industry (DTI) official described proposals to require customers to present a "vaccine pass" before they are allowed entry to a business establishment. Essentially, a vaccine pass is proof that the person holding it has received...
Having a "safety seal" is by no means mandatory, but it would still be good for local business establishments operating amid the current public health crisis to try to acquire one. A restaurant staff cleans a table in preparation for the resumption of dine-in service last April 30, 2021. (Ali...
About 300,000 workers are expected to go back to their jobs following Metro Manila, Cavite, Laguna, Bulacan, and Rizal's recent switch to a more relaxed quarantine status. (Photo courtesy of the Department of Trade and Industry) Department of Trade and Industry (DTI) Undersecretary Ireneo Vizmonte...
The Department of Health (DOH) assured that the country has "sufficient" supply of medical oxygen - which is vital for treating those who contracted the coronavirus disease (COVID-19). DOH Undersecretary Maria Rosario Vergeire “It is enough, it is sufficient sa ngayonsa current number din ng mga...
The Anti-Red Tape Authority (ARTA) and four other key agencies of the government are set to issue a joint memorandum circular (JMC) that will cut down regulatory requirements for local coronavirus disease (COVID-19) vaccine manufacturers. ARTA ARTA made the statement following President Duterte's...
The existing procurement law must be amended first in order to give local manufacturers of personal protective equipment (PPE) a fighting chance against its international competitors, an official of the Department of Trade and Industry (DTI) said. DTI Undersecretary Ruth Castelo (Screengrab from...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
