Global merchandise trade hits record high, confirming the strength of trade recovery from the shock of the COVID-19 pandemic, although the new waves of infection could easily undermine recovery, according to the latest World Trade Organization's (WTO) latest Global Trade Barometer. WTO The Goods...
If he would have his way, Department of Labor and Employment (DOLE) Secretary Silvestre Bello III would not extend the enhanced community quarantine (ECQ) beyond Aug. 20. (File photo/ Screengrab from Zoom meeting) "Frankly my personal position would be to give a break to our workers. Kung ituloy...
Around 160,000 business establishments will be as risk if and when the current enhanced community quarantine (ECQ) in Metro Manila gets extended beyond Aug. 20, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. A restaurant staff cleans a table to prepare for the arrival of diners...
Instead of an extended enhanced community quarantine (ECQ) in Metro Manila, Department of Trade and Industry (DTI) Secretary Ramon Lopez said he would rather have a deescalation of the restriction to a modified enhanced community quarantine (MECQ) with granular lockdowns. DTI Secretary Ramon Lopez...
The domestic plastics industry has been alarmed by the passage in the Lower House of HB 9147 (Single-Use Plastic Products or SUPs Regulation Act) and HB 9171 (Plastic Tax Act), imposing P20 per kg. excise tax on plastic bag products, which seek to curb the plastic waste problem. Photo credit:...
If the Lopez family of ABS-CBN were still owners of Maynilad Water Services Inc.,there is no way the House of Representatives could have handed it a renewed legislative franchise like what the chamber did on Tuesday, August 3. Rep. France Castro2 ACT Teachers Partylist Rep. France Castro gave this...
Trade and Industry Secretary Ramon M. Lopez has assured the public that there is more than enough supply of medical oxygen (O2) to quell panic, even raising the potential of allowing more importation and a stern warning against hoarding. “Current industry capacity is about 3 times more than...
Trade and Industry Secretary Ramon M. Lopez has urged Congress to pass the 3 pending economic reform bills in this third quarter or before the filing of candidacy for the national elections in October to sustain growth in foreign direct investments (FDI) and drive economic recovery post COVID....
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila. Chaired by Finance Secretary Carlos G. Dominguez III, the FIRB during its third meeting last August 2 approved the tax...
Sanya Lopez is not worried at all with artists from ABS-CBN jumping to GMA. She made this clear in a recent interview. "Ako talaga, honestly, wala akong pangamba. It's more of excitement ang nararamdaman ko. Gusto ko silang makatrabaho," said she. Note that there are talks about said artists...
A two-week hard lockdown could mean wage losses of P30 billion and closure of 18 percent of establishments, affecting 1.8 million workers in the National Capital Region (NCR) and neighboring provinces, according to Trade and Industry Secretary Ramon M. Lopez. Department of Trade and Industry...
Department of Trade and Industry (DTI) Secretary Ramon Lopez insisted that the national government isn't belittling the highly-transmissible Delta variant of the coronavirus disease (COVID-19) despite its decision to not budge from the current general community quarantine (GCQ). Department of Trade...
