(MANILA BULLETIN FILE PHOTO) The Department of Trade and Industry (DTI) has reduced by 20 percent its medium-term export projections from $130 billion target to $103.9 billion by 2022 amid the impact of the lingering COVID-19 pandemic on Philippine industries. In adjusting downward the export...
The Philippine delegation is targeting to attract over 1,300 buyers and generate a modest $31 million worth export deals at the upcoming China International Import Expo (CIIE), significantly lower than the $300 million the Philippines realized during last year’s China International...
President Rodrigo Roa Duterte talks to the people after holding a meeting with the Inter-Agency Task Force on the Emerging Infectious Diseases (IATF-EID) core members at the Matina Enclaves in Davao City on October 26, 2020. ARMAN BAYLON/PRESIDENTIAL PHOTO...
Google Philippines has introduced initiatives to support the country’s safe economic recovery through: MSME Caravan, free listings on Google Shopping tab, and Google Maps for local tourism. In partnership with the Department of Trade and Industry, MSME Caravan aims to train micro, small, and...
The Department of Trade and Industry has relaxed effective today, Thursday, the control measures in the operation of malls and commercial centers but with strict compliance to the health and safety protocols. DTI Secretary Ramon M. Lopez issued Memorandum Order C No. 20-55 on Easing of Control...
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 /...
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...
