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....
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...
The Department of Trade and Industry said entrepreneurship has been its major contribution to the Duterte administration given the government’s strong support in the development of the micro enterprises sector. Trade and Industry Secretary Ramon M. Lopez noted that this will form part of a...
A good balancing act between maintaining the country’s economic recovery and protecting Filipinos against the dreaded Delta variant of the coronavirus disease (COVID-19). DTI Secretary Ramon Lopez speaks during President Duterte's pre-recorded public briefing on Saturday, July 24, 2021....
Prices of basic necessities and prime commodities will increase by 3 to 5 percent or P0.75 centavos to P1 per can of sardines and canned meats, a situation that will likely worsen the country’s already elevated inflation level. In a television interview, DTI Secretary Ramon M. Lopez said the...
Initial committed investments of $3 billion from country’s top ten Japanese manufacturers are in peril as investors complained of operational and fiscal bottlenecks they are currently facing. During an online roundtable meeting with Trade and Industry Secretary Ramon M. Lopez, the Philippines ’...
The electronics and semiconductor industry, the country’s single largest dollar earner accounting for 60 percent of the country’s total exports, said some companies are transferring their domestic purchases and indirect exports to foreign suppliers because the imposition of value added tax...
Trade and Industry Secretary Ramon M. Lopez has called for a review of processes in closing down a business, saying the difficulty of closing down a business has long been an issue among businesses in the country. Trade and Industry Secretary Ramon M. Lopez “We need to change the process of...
Maintaining a general community quarantine (GCQ) level in the National Capital Region and neighboring provinces (NCR Plus) ensures continued reopening of the domestic economy, Trade and Industry Secretary Ramon M. Lopez said. Trade and Industry Secretary Ramon M. Lopez (File photo / MANILA...
Trade and Industry Secretary Ramon M. Lopez has batted for a change in the bidding procedure for government procurement of critical products, such as personal protective equipment (PPEs), that will give local manufacturers first crack in the supply contract over foreign bidders. At the virtual...
