Lloyd Laboratories is in discussion with Livzon Mavpharm Inc., a Chinese technology partner, for its planned COVID-19 vaccine manufacturing project in the Philippines. (UNSPLASH / MANILA BULLETIN) Christopher M. Bamba, Lloyd Laboratories director business development, said they are specifically...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
Despite the denial of the government that there is a medicine shortage in the country, presidential aspirant Vice President Leni Robredo on Sunday, Jan. 9, urged it to coordinate with pharmaceutical companies and drugstores to make sure that Filipinos have access to basic over-the-counter...
Barely 24 hours since photos of people lining up to buy paracetamol in drugstores have been circulating, and with Unilab's announcement that they are trying their best to meet the demands, DTI has released a statement regarding this matter. Artwork by Ariana Maralit "In response to the reported...
The Department of Health (DOH) assured on Tuesday, Jan. 4 that there is no ongoing shortage of paracetamol and other drugs for flu-like symptoms. A sign has been posted at a drugstore along Taft Avenue in Manila notifying people of out-of-stock medicines due to a shortage in supply amid another...
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...
Senator Sherwin Gatchalian on Tuesday called on the Department of Trade and Industry (DTI) to boost its information campaign on the availability of soft loans and financial grant programs to micro, small and medium enterprises (MSMEs) that were affected by Typhoon Odette. Gatchalian said doing so...
The Department of Trade and Industry (DTI) has apprehended and issued 50 letters of inquiry to business establishments and profiteers that took advantaged of the crisis in Typhoon Odette-affected areas in Visayas and Mindanao. DTI Secretary Ramon M. Lopez reported during President Duterte’s...
HEARD IT THROUGH THE GRIPEVINE: OUR NEW ABNORMAL Now that there’s an easing of our COVID restrictions, our quarantine-fatigued populace has been taking to the streets and malls with a vengeance, and I wouldn’t be surprised to find our consumer-driven economy getting the shot in the arm it needs...
Malacañang on Wednesday, Dec. 22, asked looters and business owners overpricing consumer goods amid the devastation left by Typhoon “Odette” not to take advantage of their fellow Filipinos who are already suffering. Typhoon Odette leaves Siargao Island ravaged. (Leni Gerona Robredo/Facebook)...
Trade and Industry Secretary Ramon M. Lopez has ordered DTI regional offices to run after business owners who are profiteering and unduly hiking prices of consumer goods in typhoon- hit areas in the Visayas and Mindanao. Trade and Industry Secretary Ramon M. Lopez “I have instructed our Consumer...
President Duterte has committed an additional P10 billion to assist the provinces that felt the wrath of typhoon "Odette" over the weekend. President Rodrigo Duterte (center) presides over a meeting with local officials of Negros Occidental, uniformed personnel, and officials from the national and...
