The Philippine Association of Meat Processors Inc. (PAMPI) expressed its full support to the proposal of Trade Secretary Ramon Lopez to allow more businesses to operate at their rated capacity to prevent the economy from further deterioration. “While we recognize that there are risks associated...
Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez has called for full reopening of business establishments even for those located in areas still under the general community quarantine (GCQ) areas so that Filipinos can...
The private sector-driven electric vehicle (EV)industry in the Philippines has already generated ₱1.305 billion in investments with annual production capacity of 150,000 units of a wide range of electric vehicle models as the country aims to become a regional production hub for clean and...
Electric vehicles (EVs) are projected to account for 21 percent of total vehicles on the road in the Philippines by 2030, ultimately becoming the third auto manufacturing hub in ASEAN and a global manufacturing hub for low cost transportation and commercial vehicles. This is part of the...
Trade and Industry Secretary Ramon M. Lopez yesterday categorically said there is no reason for the EU to withdraw the duty-free privilege on the Philippines 6,274 export products. Trade and Industry Secretary Ramon M. Lopez “There is no reason to withdraw EU-GSP Plus,” said Lopez during...
It is almost back to the old normal but new ways of operating with only a minority of 6 percent of businesses have remained closed, according to the latest survey by the Department of Trade and Industry. DTI Secretary Ramon M. Lopez reported that only 6 percent of companies have remained...
Trade and Industry Secretary Ramon M. Lopez has ordered the setting up of the general guidelines for online consumer complaints resolution system to address mounting complaints by consumers against traders on various issues ranging from trade malpractices, substandard, and hazardous products. Trade...
Sumitomo Wiring Systems, Ltd., a subsidiary of Sumitomo Electric, is investing in a wiring harness manufacturing facility in Pangasinan that would generate 10,000 jobs. Trade and Industry Secretary Ramon M. Lopez said the project is located in the Northluzon Aero Industrial Park (NAIP). The...
The country’s trade deficit decreased by half in July as imports weakened while exports dropped at a much slower pace, data from the Philippine Statistics Authority (PSA) showed. The Philippines’ balance of trade in goods, which measures the difference between the value of export and import,...
It’s now the local raisers and feed millers versus the local meat processors, as the former stood by the Philippine government for its decision to suspend the importation of all Brazilian poultry meat following the latter’s claim that prices of canned meat products will go up because of such...
The prices of canned meat products might go up by up to 14 percent as the Philippines' largest group of meat processing companies reel from the impact of two import bans placed by the government against Brazilian and Australian poultry meat. In a statement, the Philippine Association of Meat...
Catriona Gray Catriona Gray has new task to fulfill as ambassador of Philippines' One Town One Product (OTOP) Program. Through the initiative, the Department of Trade and Industry (DTI) will bring attention to the Modernong Obra Disenyong Atin (MODA). Part of Catriona's job is to promote...
