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...
The Department of Trade and Industry (DTI) will convene the National Price Coordinating Council (NPCC) upon the arrival of Secretary Alfredo E. Pascual from the World Economic Forum in Davos to craft recommendations to tackle the “onion crisis” in the country. DTI Undersecretary Ruth B. Castelo...
Trade and Industry Secretary Alfredo E. Pascual has met in Switzerland major companies -- Coursera, Chevron, Astranis, and She Loves Tech, which have expressed strong business interests in the Philippines. Pascual is part of Philippine Delegation of President Ferdinand Marcos Jr. at the 53rd...
Distributors and sellers of vaporized nicotine and non-nicotine products must comply with the requirements of the Department of Trade and Industry (DTI) and the Bureau of Internal Revenue (BIR) following the seizure of tons of smuggled and untaxed vape products from five big time illicit vape...
The Department of Trade and Industry (DTI), through the Fair Trade Enforcement Bureau (FTEB) has issued Notices of Violation to non-compliance firms over uncertified tires for automotive vehicles worth over P1.288 million during an enforcement operation in Quezon City, Jan. 6, 2023. Consumer...
The Department of Trade and Industry's (DTI) price monitoring and enforcement teams now include red onions in their regular inspection of items covered by the suggested retail prices (SRP). DTI Secretary Alfredo E. Pascual fielded the agency's price monitoring teams beginning on Dec. 30, 2022 to...
The Philippines, which suffers huge trade deficit against China, has the potential to expand exports by an additional $14.1 billion in the next few years from the current $11.55 billion level as it courts Chinese manufacturers, particularly in steel, green metals, electric vehicles, agriculture and...
