Business name registrations in the first quarter this year already reached 432,962 almost half of the entire 2020 that registered with the Department of Trade and Industry (DTI) as economic challenges forced Filipinos to find innovative ways to earn a living during the pandemic. Trade and...
The Department of Trade and Industry, the leading agency that champions consumer protection, said majority or 99.70 percent of all consumer complaints processed in 2020 have been resolved via mediation. Amidst the pandemic that affected the lives of many Filipino consumers, the DTI last year...
The Anti-Red Tape Authority (ARTA) will meet with concerned agencies to discuss the establishment of green lane for faster processing of permit applications of local vaccine manufacturers following the directive of President Duterte. ARTA Director General Jeremiah Belgica said the Department of...
Filipino-owned United Laboratories (Unilab), the leading pharmaceutical company in Southeast Asia, has been confirmed to do local vaccine manufacturing in the country starting with the COVID-19 with plans to also export to other ASEAN countries, according to Trade and Industry Secretary Ramon M....
The Philippine economy lost an estimated P180 billion in just the recent two-week enhanced community quarantine (ECQ) in the National Capital Region and nearby provinces, according to Trade and Industry Secretary Ramon M. Lopez. Lopez said that based on estimates, the two-week strict lockdown...
Some 1 million employees cannot still return to work even if the National Capital Region (NCR) Plus bubble is now under a modified Enhanced Community Quarantine (MECQ) status, Trade and Industry Secretary Ramon Lopez said. According to Lopez, the DTI estimated 1.5 million workers lost their jobs...
A large majority, 94.7% percent of businesses and establishments in the National Capital Region (NCR) are compliant with the government mandated minimum health protocols (MHP), according to the first quarter survey by the Department of Trade and Industry. The first quarter DTI Fair Trade...
Economic activities listed under the 2020 Investment Priorities Plan (IPP) will serve as the initial projects that will qualify for incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act (CREATE) Law, Trade and Industry Secretary Ramon M. Lopez said. Lopez said that...
Trade and Industry Secretary Ramon M. Lopez said the loan take up of micro enterprises at the SB Corp., the micro financing arm of the government, has started to pick up. According to Lopez, the loan take up has already improved from about 200 applications a week only at the start to...
SECRETARY RAMON M. LOPEZ Department of Trade and Industry (Photo by Mr. Mark Ches Ang) As the Philippine economy continues to tread the path towards post-pandemic recovery, keeping Micro, Small, and Medium Enterprises (MSMEs) relevant remains a challenge for us at the Department of Trade and...
The Philippine government will no longer extend the price ceiling on pork and chicken in Metro Manila, but will impose a price cap or suggested retail price (SRP) on imported pork only starting Friday, April 9. Agriculture Secretary William Dar announced during Wednesday, April 7 virtual briefing,...
Trade and Industry Secretary Ramon M. Lopez has offered India to make the Philippines its jump off point to the mega trade area Regional Comprehensive Economic Partnership (RCEP) by putting up its manufacturing operations in the country, including pharmaceuticals, as well as support India’s plan...
