Trade and Industry Ramon M. Lopez expressed optimism that the Philippine economy will go back to pre-pandemic level ahead of 2023 that President Duterte earlier projected. “It is still possible. Will do our best, through other economic reforms and programs,” Lopez said when asked if the...
Starting Friday, March 5, 2021, libraries, museums, cultural centers, meetings and conventions, and limited tourist attractions and video games arcades will be allowed to operate at a maximum of 50 percent under general community quarantine (GCQ) and 75 percent under modified GCQ (MGCQ). ...
Trade and Industry Secretary Ramon M. Lopez has raised the likelihood of allowing lower tariffs on rice from India as a way of minimizing tariff barriers for the Philippines very vital commodity. Lopez mentioned this during the Philippines Federation of Indian Chambers of Commerce (FICCI) and the...
Philippine garment factories expect to receive new orders worth up to $500 million from top global fashion brands as they start transferring production orders from troubled Myanmar to the Philippines and other Asian countries. Photo credit: (Philexport News and Features) Foreign Buyers Association...
Trade and Industry Secretary Ramon M. Lopez today called for transformational leaders in government with crucial traits in integrity, competence and energy (ICE) specially in this pandemic period where the country continued to wallow in hunger and unemployment on prolonged strict quarantine...
Trade and Industry Secretary Ramon M. Lopez on Monday, (Feb. 22) urged the Bangko Sentral ng Pilipinas (BSP) to craft rules to encourage banks to lend more for auto loans stressing that banks have huge liquidity that they can use to help businesses recover. Trade and...
In preparation for the proposed transition of Metro Manila from General Community Quarantine (GCQ) to Modified General Community Quarantine (MGCQ), DTI Consumer Protection Group (CPG) Undersecretary Ruth Castelo and DTI Fair Trade Enforcement Bureau (FTEB) Director Ronnel Abrenica led a special...
The COVID-19 global pandemic is sorely testing our people's resolve to create a better life for themselves. SECRETARY RAMON LOPEZ Department of Trade and Industry (Photo by Mr Mark Ches Ang) This isn't surprising as the pandemic has shaken even the world’s strongest economies. That's why we at...
Alex Rodriguez and Jennifer Lopez Valentine's Day may be over but definitely not for Jennifer Lopez. On Instagram, Lopez, also known as JLO, has revealed that February is a special month for her because it's her anniversary month with fiance Alex Rodriguez. "February is our special month...our...
Business name registration for online retailing already reached 1,539 in January this year, almost hitting the 1,700 online retailers registered in the first quarter in 2020. This was revealed by Trade and Industry Secretary Ramon M. Lopez in his opening speech today, Feb. 18, at the Amazon...
Trade and Industry Secretary Ramon M. Lopez has warned of irreversible damages to the economy and future of next generation if the country’s high hunger and unemployment levels continue. Lopez said this as he meets today with Metro Manila mayors to explain the Cabinet economic cluster’s...
The Bangko Sentral ng Pilipinas (BSP) reported Monday that gross international reserves (GIR) dipped to $108.799 billion in January from December 2020’s $110.117 billion due to government withdrawals to pay for foreign-denominated loans, and changes in the price of gold. The BSP in a statement...
