A shift from a pandemic to an endemic mindset will help mitigate the impact of external shocks, such as the Russia-Ukraine crisis, as well as minimize the long-term scarring effects of Covid-19, three of the government’s economic managers said. In a joint statement on Thursday, March 24, Finance...
Secretary Ramon M. Lopez Department of Trade and Industry (Photo from Mark Ches Ang) As another year unfolds, we make a list of things we want to achieve and resolutions we promise to keep — from living a healthier life to spending more time with our loved ones. Why not include a commitment to...
By Secretary Ramon M. Lopez Department of Trade and Industry Photo by Mark Ches Ang As we navigate through this COVID-19 pandemic, we have always worked on how we can balance the need to protect lives and livelihood. Building back better has been our objective, and we believe that we can sustain...
Google-Philippines-office Digital transformation can create up to P5 trillion in annual economic value by 2030, according to a new Google Philippines - commissioned report released Oct. 19, 2021. Of this value, P3.5 trillion could come from technologies that help businesses mitigate the economic...
The Philippines has batted for a transparent and predictable regulatory environment in the services sector more than providing access to services markets amid an uneven progress among economies in the Asia Pacific Economic Cooperation (APEC). Trade and Industry Secretary Ramon M. Lopez Trade and...
EU hints resumption of trade negotiations with PH The EU said it is currently assessing the possible resumption of bilateral trade negotiations with the Philippines as the 27-European country union steps up its strategic engagement with the Indo-Pacific region. European Union (EU) In its Joint...
More than 300 Japanese guests from Japan’s leading corporate and financial institutions have participated in the virtual Philippine Economic Briefing (PEB) that highlighted the Duterte administration’s efforts to push for a much stronger and more inclusive economy in the post-COVID-19 pandemic...
Investments to Philippine startups reached $547 million as of 2020, including $50 million poured into local startups, according to Trade and Industry Secretary Ramon M. Lopez. In a keynote speech at the virtual Manufacturing Summit 2021, Lopez revealed that $547 million have been invested to...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila. Chaired by Finance Secretary Carlos G. Dominguez III, the FIRB during its third meeting last August 2 approved the tax...
Trade and Industry Secretary Ramon M. Lopez has batted for continued support such as loan moratorium, rent relief and industry support funds to troubled micro, small and medium enterprises (MSMEs) as the way forward to recovery. At the virtual hearing by the Senate committee on trade, commerce, and...
OCEA, a French shipbuilding company, has pledged P1.5 billion in investments for a shipyard project in the Philippines that may potentially create 500-600 direct and indirect jobs, according to the Department of Trade and Industry. The investment pledge was revealed by OCEA Chief Executive Officer...
The Department of Trade and Industry (DTI) has widened the coverage of areas with higher operating capacities of business establishments in the National Capital Region (NCR), including the provinces of Bulacan and Rizal, but retained the ban on social activities in Laguna and Cavite. Trade and...
