Implementing a price freeze on Noche Buena products is not possible, according to the Department of Trade and Industry. “Price freeze is not possible for Christmas products because these are neither basic nor prime,” said DTI Undersecretary Ruth B. Castelo. (MANILA BULLETIN)...
Wants higher safeguard duty instead Local cement manufacturers have asked the Department of Trade and Industry (DTI) to postpone the reduction of the P10 per bag definitive cement safeguard...
Yokowo Co., Ltd. has chosen the Philippines as location for its automotive wiring harness and components manufacturing and assembly operations after conducting due diligence spanning over 12 among ASEAN countries. In a statement, the Department of Trade and Industry said Yokowo plans to...
The Department of Trade and Industry has relaxed effective today, Thursday, the control measures in the operation of malls and commercial centers but with strict compliance to the health and safety protocols. DTI Secretary Ramon M. Lopez issued Memorandum Order C No. 20-55 on Easing of Control...
The Department of Trade and Industry (DTI) is incentivizing local enterprises for them to adopt to digital technologies because while majority of enterprises are aware of the need to transform digitally many of them are facing various constraints, particularly the lack of capital. DTI...
Trade and Industry Secretary Ramon M. Lopez has vowed that micro small and medium enterprises (MSMEs) doing transactions with the government can expect a fully-automated digital platform with a refined customer service team any time of the day by next year. Lopez issued this commitment at the...
Noche Buena products manufacturers are seeking as much 3 percent increase in their suggested retail prices (SRP) due to increased cost of production. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez said the Noche...
Travel agencies, tour operators, reservation service and related activities are allowed to reopen starting today, Oct. 16, according to the Department of Trade and Industry (DTI). Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Memorandum Circular No. 20-53...
Trade and Industry Secretary Ramon M. Lopez has assured that the implementation of the P3.27 billion Bureau of Fire Protection (BFP) procurement contract to the Philippine International Trading Corporation (PITC) for the construction of fire stations and supplies and equipment is on track. Trade...
Shopee and Lazada, the country’s two biggest online shopping platforms, have accounted for majority of the 13,674 online consumer complaints received by the Fair Trade Enforcement Bureau of the Department of Trade and Industry (DTI). DTI Undersecretary Ruth Castelo, who heads the agency’s...
“Rice remains as the staple food of Filipinos. And there is no food that is used as widely as rice,” says Department of Trade and Industry Undersecretary Ruth B. Castelo on the Philippines being the sixth largest rice-consuming countries in the world. After over a year of enactment of the...
As Senate continues to debate on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill emotionally, two big electronics companies are shutting down operations because of uncompetitive business environment, according to the Semiconductor and Electronics Industries in the...
