The Department of Trade and Industry (DTI) will reimpose the mandatory certification of locally manufactured and imported plywood citing unfair competition from imported substandard plywood that threatens not only public safety, but also the local wood manufacturing industry. Trade and Industry...
Trade and Industry Secretary Ramon M. Lopez has vowed that micro small and medium enterprises (MSMEs) doing transactions with the government can expect a fully-automated digital platform with a refined customer service team any time of the day by next year. Lopez issued this commitment at the...
World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. The WTO forecasts that merchandise trade volume could fall 9.2 percent in 2020 less than the 12.9...
The Philippines and Germany have agreed to strengthen bilateral cooperation in manufacturing, construction and innovation at the successful convening of their inaugural Joint Economic Commission (JEC). The Philippines-Germany Joint Economic Commission Co-Chairs Parliamentary State Secretary Marco...
Trade and Industry Secretary Ramon M. Lopez said they will issue an advisory to the mayors and local government units (LGUs) allowing them to determine the extent of further reopening of business establishments from the current 50 percent. Trade and Industry Secretary Ramon Lope (ALFRED FRIAS /...
The Philippine Association of Meat Processors Inc. (PAMPI) expressed its full support to the proposal of Trade Secretary Ramon Lopez to allow more businesses to operate at their rated capacity to prevent the economy from further deterioration. “While we recognize that there are risks associated...
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez has called for full reopening of business establishments even for those located in areas still under the general community quarantine (GCQ) areas so that Filipinos can...
The private sector-driven electric vehicle (EV)industry in the Philippines has already generated ₱1.305 billion in investments with annual production capacity of 150,000 units of a wide range of electric vehicle models as the country aims to become a regional production hub for clean and...
Trade and Industry Secretary Ramon M. Lopez yesterday categorically said there is no reason for the EU to withdraw the duty-free privilege on the Philippines 6,274 export products. Trade and Industry Secretary Ramon M. Lopez “There is no reason to withdraw EU-GSP Plus,” said Lopez during...
It is almost back to the old normal but new ways of operating with only a minority of 6 percent of businesses have remained closed, according to the latest survey by the Department of Trade and Industry. DTI Secretary Ramon M. Lopez reported that only 6 percent of companies have remained...
Trade and Industry Secretary Ramon M. Lopez has ordered the setting up of the general guidelines for online consumer complaints resolution system to address mounting complaints by consumers against traders on various issues ranging from trade malpractices, substandard, and hazardous products. Trade...
Sumitomo Wiring Systems, Ltd., a subsidiary of Sumitomo Electric, is investing in a wiring harness manufacturing facility in Pangasinan that would generate 10,000 jobs. Trade and Industry Secretary Ramon M. Lopez said the project is located in the Northluzon Aero Industrial Park (NAIP). The...
