The powerful Commission on Appointments (CA) confirmed on Wednesday, February 1, Alfredo E. Pascual as secretary of the Department of Trade and Industry (DTI). The confirmation was done during the CA plenary session at the Senate building and which was presided by Senate President Juan Miguel...
An estimated P1.031 trillion worth of foreign investments in renewable projects are expected to pour into the Philippines, Trade and Industry Secretary Alfredo E. Pascual announced. In a statement, Pascual said that the biggest of these projects is the P360-billion (€6 billion) offshore wind...
Senator Risa Hontiveros on Tuesday, January 31 called on the government to help cushion the impact of the rise of artificial intelligence (AI) chatbots on the Business Process Outsourcing (BPO) industry. Hontiveros said the Department of Trade and Industry (DTI) should put safeguards in place for...
Amid rising prices of goods, the Department of Trade and Industry (DTI) said they are still studying petitions by manufacturers for price increase on basic necessities and prime commodities (BNPCs) to balance the interest of business and consumers. In a statement, DTI Secretary Alfredo E. Pascual...
The Department of Trade and Industry (DTI) is studying whether or not a tax or a ban on raw nickel exports should be imposed to support the government’s effort to develop the local nickel industry and participate in the bustling electric vehicle battery supply chain. DTI Secretary Alfredo E....
The National Price Coordinating Council (NPCC), which is chaired by the Department of Trade and Industry (DTI), is looking at “legal actions” among possible solutions to soaring prices of onion in the country to protect consumers and improve supply. This developed after DTI Secretary Alfredo E....
Price freeze on basic necessities and prime commodities is in effect in several areas in the country affected by the incessant rains, resulting in the declaration of state of calamities (SOC), the Department of Trade and Industry (DTI) announced. The areas covered in the price freeze are located in...
Trade and Industry Secretary Alfredo E. Pascual said the Philippines is in the process of ratifying the Agreement on Fisheries Subsidies emphasizing that one of the priorities of the Marcos administration is to advance agriculture negotiations. Pascual made this commitment on the last day of the...
The Department of Trade and Industry (DTI) is pushing for the building of local road infrastructure that connects food production hubs, economic zones, and logistics to promote more inclusive growth opportunities in the regions. Trade and Industry Secretary Alfredo E. Pascual told members of the...
The Department of Trade and Industry (DTI) will convene the National Price Coordinating Council (NPCC) upon the arrival of Secretary Alfredo E. Pascual from the World Economic Forum in Davos to craft recommendations to tackle the “onion crisis” in the country. DTI Undersecretary Ruth B. Castelo...
Trade and Industry Secretary Alfredo E. Pascual has met in Switzerland major companies -- Coursera, Chevron, Astranis, and She Loves Tech, which have expressed strong business interests in the Philippines. Pascual is part of Philippine Delegation of President Ferdinand Marcos Jr. at the 53rd...
Distributors and sellers of vaporized nicotine and non-nicotine products must comply with the requirements of the Department of Trade and Industry (DTI) and the Bureau of Internal Revenue (BIR) following the seizure of tons of smuggled and untaxed vape products from five big time illicit vape...
