Consumer advocacy group Laban Konsyumer Inc. (LKI) has urged the government to expand the price freeze to include gasoline, diesel, and construction materials following Malacanang’s declaration of a state of national calamity in the entire island of Luzon. In a letter to the Departments of Trade...
ASEAN economic ministers have agreed to refrain from introducing trade-restrictive measures on essential goods associated with combating the global pandemic to ensure smooth flow of these items across borders. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO)...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Trade and Industry Secretary Ramon M. Lopez has batted for the importance of inclusive growth of micro, small and medium enterprises (MSMEs), women business empowerment, and innovation as among the key economic drivers of all economies. The DTI Secretary together with...
Although majority of R&D-intensive businesses were affected by the COVID-19 impact, Filipino firms that invest in research and development have been less affected by COVID-19, according to a report. The new International Trade Centre (ITC), the joint agency of the World Trade Organization and...
Businessmen are hopeful that the newly signed RCEP will stimulate trade, investment and digital transformation among member countries. Amb. Benedicto V. Yujuico, president of the Philippine Chamber of Commerce and Industry (PCCI), cited the timely completion of the world’s biggest free...
After 8 years of negotiations, trade ministers from 15 countries are set to sign tomorrow, Nov. 15, the China-backed Regional Comprehensive Economic Partnership (RCEP), creating the world’s biggest free trade area (FTA) agreement. “The RCEP has finally been concluded and finalized by all trade...
Taiheiyo Cement Corporation of Japan is investing P15 billion in the Philippines for the construction of new state of the art production line in Cebu that will increase it capacity by 50 percent in the immediate term. Trade and Industry Ramon M. Lopez said the Japanese principal has given...
Trade and Industry Secretary Ramon Lopez said the GDP growth rate of -11.5% in the third quarter of this year still conforms with the country’s economic recovery trajectory, coming from the previous quarter’s -16.9 percent during the peak of the COVID-19 health crisis. “While the...
Suggested retail prices (SRP) of Noche Buena products have remained unchanged as manufacturers agreed to absorb the additional costs of production in a show of solidarity with(B consumers who are hard up due to the pandemic. This was shown in the new SRP released today (Nov. 10) by the...
Puerto Prinsesa City, Palawan--The Provincial Economic Enterprise Development Office (PEEDO) prepares Palaweños in southern Palawan in making Tablea products out of Cacao that are eyed to be sold worldwide and to support the tourism industry. Bethel Wyeth Cayao-Asag, PEEDO admin assistant VI said...
