The manufacturing sector, which accounts for 20 percent of the country’s GDP, is expected to sustain its growth momentum being the most cost competitive among peers in Asia. At the Security Bank’s 2021 Economic Forum The Future of the Philippine Manufacturing Industry Both Trade and Industry...
The Philippines is becoming a motorcycle production hub in the region with local producers, the latest of which is Honda Philippines Inc., now exporting locally made units, Trade and Industry Secretary Ramon M. Lopez said. Trade and Industry Secretary Ramon M. Lopez “Honda will start exporting...
Extended GCQ eyed in June Trade and Industry Secretary Ramon M. Lopez on Wednesday, (May 26) urged that the country’s COVID-19 vaccination should be focused on the National Capital Region (NCR) Plus, the economic engine of the country, to achieve an earlier herd immunity and faster economic...
“Tangerine” of the Four K Kakao Farm in the province of Quezon, an emerging powerhouse for cacao production in the country, will showcase its recently launched range of chocolate products through the Department of Trade and Industry’s “Kalakal Quezon”. The fair, featuring cacao at SM City...
Senator Risa Hontiveros on Tuesday, May 25, urged the government to realign unutilized funds under the Bayanihan to Recover as One Act or Bayanihan 2 to augment the cash assistance to Filipinos to accommodate more beneficiaries still struggling with the effects of the novel coronavirus (COVID-19)...
The COVID-19 pandemic has accelerated the pace of digital transformation worldwide. In the Philippines, the protracted lockdown has brought about a shift to digital and online payments. Artificial intelligence (AI) has become the catalyst for the increased tempo of what is now widely known as the...
All workers in the IT-business process management sector are now part of the A4 priority list for COVID-19 vaccination, said Trade and Industry Secretary Ramon M. Lopez. Lopez said the Inter Agency Task Force (IATF) supported the move following justifications that DTI presented on the...
A pro-science consumer advocacy group has called on commercial establishments in the country to help make the proposed "vaccine passes" feel like a reward to people who have made the choice to get inoculated from the coronavirus disease (COVID-19). An elderly woman being administered a COVID-19...
At least half of the estimated P30-billion household income loss in National Capital Region (NCR) Plus is expected to be recovered during the two-week general community quarantine (GCQ), Trade and Industry Secretary Ramon M. Lopez. At the Laging Handa briefing, Lopez said that based on the...
Unimplementable, discriminatory. That's how a Department of Trade and Industry (DTI) official described proposals to require customers to present a "vaccine pass" before they are allowed entry to a business establishment. Essentially, a vaccine pass is proof that the person holding it has received...
Having a "safety seal" is by no means mandatory, but it would still be good for local business establishments operating amid the current public health crisis to try to acquire one. A restaurant staff cleans a table in preparation for the resumption of dine-in service last April 30, 2021. (Ali...
About 300,000 workers are expected to go back to their jobs following Metro Manila, Cavite, Laguna, Bulacan, and Rizal's recent switch to a more relaxed quarantine status. (Photo courtesy of the Department of Trade and Industry) Department of Trade and Industry (DTI) Undersecretary Ireneo Vizmonte...