Restaurants with no outdoor dining spaces would be hit hard again, but those with al-fresco set-up like the “carinderyas” would be less affected by the new restrictions imposed by the government, according to Trade and Industry Secretary Ramon M. Lopez. Under the new regulations approved...
Only less than 5 percent of establishments have remained closed from a peak of 34 percent last year, according to the latest Impact Assessment Survey of the Department of Trade and Industry (DTI). Trade and Industry Secretary Ramon M. Lopez announced this improvement in his message at the...
Influenced by the COVID-19 pandemic, the country’s exports of medical instrumentation jumped 84.3 percent in January, boosting overall electronics exports to slightly grew by 0.3 percent in the first month of the year, the Department of Trade and Industry said. Trade and Industry Secretary Ramon...
Department of Trade and Industry (MANILA BULLETIN) The Philippines has expanded the list of countries covered with the safeguard measure on cement importation with additional 13 countries, including Indonesia, as sourcing of cheap cement may have been diverted to countries previously exempt from...
Photo from Pauline Lopez's Instagram account Five taekwondo jins preparing for this month’s Olympic Qualifying Tournament (OQT) are expected to level up the intensity of their training inside the bubble at Inspire in Calamba, Laguna. Marc Velasco, the chief of staff of the Philippine Sports...
KISS AND SAY GOODBYE. The final public photo together of Jennifer Lopez and Alex Rodriguez taken in the Dominican Republic in February. US media reported that the Latino couple have split after four years. (Jennifer Lopez Instagram) Latino power couple singer-actress Jennifer Lopez and former...
Toy manufacturers from Hong Kong are considering of investing in the Philippines as they showed strong confidence in the country. This was disclosed by the officers and members of the Toys Manufacturers’ Association of Hong Kong (TMHK) who joined an online information session with the Philippine...
Foreign direct investments (FDI) last year dropped 24.6 percent to a net inflow of $6.542 billion from $8.671 billion in 2019, but it was more than the Bangko Sentral ng Pilipinas’ (BSP) $6-billion projection for 2020. “The disruptive impact of the pandemic on global supply chains and the weak...
Trade and Industry Secretary Ramon M. Lopez expressed confidence the domestic economy can recover in the third quarter this year as long as the government will not pull back the reopening of economic sectors into “quarantine in general,” but instead implement granular lockdowns in areas with...
Committed investments approved by the Board of Investments in the first two months this year jumped 156 percent to P121.9 billion (approximately $2.5 billion) vis-a-vis P47.625 million in the same period in 2020, indicating that recovery is within sight. This was revealed by Trade and Industry...
Trade and Industry Secretary Ramon M. Lopez expressed confidence of strong rebound in the country’s manufacturing output in the coming months. Lopez said following a sustained growth in the Philippine manufacturing out in February, according to a survey conducted by IHS Markit. ...
Secretary Ramon M. Lopez Department of Trade and Industry We should never think small when we talk about micro, small, medium enterprises (MSMEs). The implementation of stricter health lockdowns in the first quarter of 2020 to prevent the spread of COVID-19 had severely affected businesses,...
