With his confirmation as Trade and Industry Secretary, Alfredo E. Pascual unraveled himself to the public as someone from among the ordinary DTI stakeholders -- consumers and traders -- contrary to the “snooty” impression when he first stepped into the agency’s premises. The white-haired...
BIÑAN CITY – The local government unit (LGU) got almost nine times more registered micro-businesses in January upon rolling out an ordinance granting special business permit rates. With a city legislation titled An Ordinance Granting Additional Incentives to BMBEs (Barangay Micro-Business...
Trade and Industry Secretary Fred Pascual visited the MRO facility of Lufthansa Technik Philippines (LTP) on Jan. 30, 2023 to welcome the arrival of the first reactivated Lufthansa A380 at the LTP MRO facility in Villamor Airbase. The Lufthansa Aircraft that arrived in the country from Frankfurt,...
The powerful Commission on Appointments (CA) confirmed on Wednesday, February 1, Alfredo E. Pascual as secretary of the Department of Trade and Industry (DTI). The confirmation was done during the CA plenary session at the Senate building and which was presided by Senate President Juan Miguel...
An estimated P1.031 trillion worth of foreign investments in renewable projects are expected to pour into the Philippines, Trade and Industry Secretary Alfredo E. Pascual announced. In a statement, Pascual said that the biggest of these projects is the P360-billion (€6 billion) offshore wind...
Senator Risa Hontiveros on Tuesday, January 31 called on the government to help cushion the impact of the rise of artificial intelligence (AI) chatbots on the Business Process Outsourcing (BPO) industry. Hontiveros said the Department of Trade and Industry (DTI) should put safeguards in place for...
Amid rising prices of goods, the Department of Trade and Industry (DTI) said they are still studying petitions by manufacturers for price increase on basic necessities and prime commodities (BNPCs) to balance the interest of business and consumers. In a statement, DTI Secretary Alfredo E. Pascual...
The Department of Trade and Industry (DTI) is studying whether or not a tax or a ban on raw nickel exports should be imposed to support the government’s effort to develop the local nickel industry and participate in the bustling electric vehicle battery supply chain. DTI Secretary Alfredo E....
The National Price Coordinating Council (NPCC), which is chaired by the Department of Trade and Industry (DTI), is looking at “legal actions” among possible solutions to soaring prices of onion in the country to protect consumers and improve supply. This developed after DTI Secretary Alfredo E....
Price freeze on basic necessities and prime commodities is in effect in several areas in the country affected by the incessant rains, resulting in the declaration of state of calamities (SOC), the Department of Trade and Industry (DTI) announced. The areas covered in the price freeze are located in...
Trade and Industry Secretary Alfredo E. Pascual said the Philippines is in the process of ratifying the Agreement on Fisheries Subsidies emphasizing that one of the priorities of the Marcos administration is to advance agriculture negotiations. Pascual made this commitment on the last day of the...
The Department of Trade and Industry (DTI) is pushing for the building of local road infrastructure that connects food production hubs, economic zones, and logistics to promote more inclusive growth opportunities in the regions. Trade and Industry Secretary Alfredo E. Pascual told members of the...
