State-owned trading arm Philippine International Trading Corp. (PTC) has been tapped to procure the COVID-19 vaccines as early as before the end of this year as the government pursues negotiations with foreign manufacturers. Trade and Industry Secretary Ramon M. Lopez Trade and Industry Secretary...
The PHINMA Group said its cement trading arm PhilCement Corp. will quickly adjust to the new labeling rules and adopt to the new regulations set by the Department of Trade and Industry. This was committed by the PHINMA Group after forging an agreement with the DTI to work together for stability and...
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...
Trade and Industry (DTI) Secretary Ramon M. Lopez said the decline in the country’s Purchasing Managers’ Index (PMI) or factory output in October as “marginal” saying the economy is just on a temporary pause. “The slight decline in the Philippine manufacturing PMI merely reflects a pause...
Trade and Industry Secretary Ramon M. Lopez has pushed for more investments and innovation in agriculture in Mindanao stressing this is the best way to ensure growth for this industry and maximize its huge potential to help in the country’s economic recovery. Trade and Industry Secretary Ramon...
Over 5,000 farmers and agri-enterpreneurs in the Cagayan Valley (Region 2) can now sell their products digitally to consumers in Metro Manila. Farm-to-table digital delivery platform Mayani.ph, electronic wallet provider GrabPay and the Department of Trade and Industry (DTI) Region 2 Office today...
The medical devices market manufacturing industry in the country is expected to expand up to $744.7 million, according to Trade and Industry Secretary Ramon M. Lopez. In a speech at the virtual “Make it Happen Philippines Campaign” soft launch, Lopez highlighted the prospects for this growing...
The Department of Trade and Industry (DTI) will tighten cement standards in light of concerns raised by local manufacturers against imported cement, which they alleged to be employing “labeling” tactics. In a statement, the DTI said it will issue a memorandum circular (MC) through the...
An Australian based thermal coding company said it has ramped up investments to P4.4 billion for the establishment of the first thermal coding plant and back office services in the Philippines calling the country a “very well-kept secret” that it’s about time to start telling investors....
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...
Cement importers disputed claims by local cement manufacturers that importation of this construction material dramatically shoot up saying domestic manufacturers are using false data to justify their petition before the Department of Trade and Industry to delay the reduction of the safeguard duty...