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...
The European Chamber of Commerce of the Philippines (ECCP) backs the confirmation of Secretary Alfredo Pascual as Department of Trade and Industry (DTI) chief. In a statement on Thursday, Dec. 30, the Chamber appreciates the leadership of Secretary Pascual as well as his commitment to developing...
The Department of Trade and Industry (DTI) reported an all-time high business name (BN) registration in 2022 at 932,097, surpassing the previous record at 916,164 in 2020. According to the DTI, there were 827,491 new BNs registered this year accounting for 88.8 percent of overall registrations....
The Department of Trade and Industry (DTI) on Friday, Dec. 23, issued the list of certified fireworks that the public should buy, and strongly reminded consumers to avoid fireworks that have no “PS” or the Philippine Standard mark. The DTI listed 14 certified fireworks brand to guide consumers....
President Ferdinand "Bongbong" Marcos Jr. expressed confidence that Trade Secretary Alfredo Pascual will continue his "wholehearted service" to the country as the latter is reappointed to his position. President Ferdinand 'Bongbong' Marcos Jr. administers the oath of Trade Secretary Alfredo Pascual...
Trade and Industry Secretary Alfredo E. Pascual has assured that development and promotion of the health industry will be a major thrust for development during the six year term of President Ferdinand Marcos Jr. administration. Pascual was reacting to the challenge by Senator Pia Cayetano, author...
The Department of Trade and Industry has identified three priority legislative measures for immediate passage by Congress to support economic growth. These priority bills are the Senate confirmation on the ratification of the Regional Comprehensive Economic Partnership (RCEP), Omnibus Micro Small...
Trade and Industry Secretary Afredo E. Pascual said he would shift real focus of his agency towards industrialization stressing that manufacturing is the only way to be sustainable and become an inclusive economy. At the briefing by the DTI for the Senate committee on trade, commerce and...
Lufthansa Technik Philippines (LTP) is looking into expanding its aircraft maintenance, repair, overhaul (MRO) services outside of Metro Manila, most likely in Clark, as business is back at robust pace amid high demand for travel globally. LTP President and CEO Elmar Lutter revealed the company’s...
Softdrinks, food and beverage manufacturers are in need of 450,000 metric tons of premium refined sugar for the remainder of this year to be able to run their factories at full capacity while they implement various measures to cushion the impact of the sugar shortage in their business. According to...
Local cement manufacturers welcomed the thrust of the current administration towards a bias for domestic industries, stressing they too are victims of import surges that threaten the viability of their cement factories. “Like our peers in the sugar sector, we welcome President Ferdinand Marcos’...
The Department of Trade and Industry has issued suggested retail prices (SRP) bulletins on basic necessities and prime commodities (BNPCs) and school supplies taking into consideration increased prices in raw materials and distribution costs. The two new SRP bulletins will take effect Friday, Aug....
