The Philippines will participate in two major import-export fairs in China this year and has reopened a trade and investment center in Hong Kong to further boost commerce between the two countries. Trade and Industry Secretary Ramon M. Lopez announced at the virtual 46th Anniversary of...
The Philippines, a developing country with one of the longest hard lockdowns during the pandemic the world has seen, issued a call to the trade ministers of the 21-member countries of the Asia Pacific Economic Cooperation for equitable access to COVID-19 vaccines. At the Asia-Pacific Economic...
The Fiscal Incentives Review Board (FIRB) has adopted the framework for the grant of incentives to qualified industries under the government’s Strategic Investment Priorities Plan (SIPP). As provided in the newly enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law that...
Trade and Industry Secretary Ramon M. Lopez is pushing for shorter quarantine policy for vaccinated persons, including seniors 65 years old and above, and foreign travelers, who have been discouraged to fly into the Philippines because of the long quarantine period. At the Commitment Ceremony and...
SM North EDSA receives Safety Seal certification The Safety Seal ceremony at SM North EDSA On June 5th, 2021, SM City North EDSA was named the first mall in Quezon City (QC) to be awarded the Safety Seal certification from the local government. This Safety Seal is given when the establishment shows...
Trade and Industry Secretary Ramon M. Lopez said the domestic economy is still on track for a V-shaped recovery with improved investment climate this year. Lopez, who spoke at today’s listing ceremony of Nissin Monde Corp. initial public offering — the largest in the Philippine Stock Exchange...
Events venues, which had been closed for quite some time because of the pandemic, are now allowed to resume operations under limited capacities in areas under general community quarantine (GCQ) with heightened restrictions, the Department of Trade and Industry said. Advisory No. 21-09 series of...
The Department of Trade and Industry (DTI) will provide information of business names of employees and officials under lifestyle checks to help efforts against corruption in government. DTI Secretary Ramon M. Lopez said at the Project Kasangga: Tokhang Laban sa Korapsyon Anti-Corruption...
The manufacturing sector, which accounts for 20 percent of the country’s GDP, is expected to sustain its growth momentum being the most cost competitive among peers in Asia. At the Security Bank’s 2021 Economic Forum The Future of the Philippine Manufacturing Industry Both Trade and Industry...
The Philippines is becoming a motorcycle production hub in the region with local producers, the latest of which is Honda Philippines Inc., now exporting locally made units, Trade and Industry Secretary Ramon M. Lopez said. Trade and Industry Secretary Ramon M. Lopez “Honda will start exporting...
At least half of the estimated P30-billion household income loss in National Capital Region (NCR) Plus is expected to be recovered during the two-week general community quarantine (GCQ), Trade and Industry Secretary Ramon M. Lopez. At the Laging Handa briefing, Lopez said that based on the...
DiskarTech Small retail shop owners are the latest beneficiaries of DiskarTech’s new innovative offering. The Rizal Commercial Banking Corporation’s (RCBC) financial inclusion super app has launched a microinsurance product priced at only P35 for sari-sari store owners. With the local economy...
