Department of Trade and Industry (DTI) Secretary Cristina Roque said the 5.4 percent economic growth in the first quarter of the year is a testament to the economy’s “robust resilience,” fueled by strong consumer spending and industry contributions. Roque, who heads the government agency...
The Department of Trade and Industry (DTI) is calling on Filipino consumers to prioritize safety and buy only certified fireworks as New Year's Day approaches. In a statement on Tuesday, Dec. 31, DTI Secretary Cristina A. Roque said it is important to buy only certified products to prevent...
The Department of Trade and Industry (DTI) has released the 2024 Noche Buena Price Guide to assist consumers in making informed purchasing decisions for the holiday season. “Aligned with President Ferdinand Marcos Jr.’s directive to promote consumer rights and responsibilities, this year’s...
Following the devastation caused by Typhoon Kristine, the Department of Trade and Industry (DTI) has implemented a price freeze on basic necessities in areas declared under a state of calamity. As of Tuesday, Oct. 22, the DTI said Albay province and Magpet Town in Cotabato are currently covered by...
Six Filipino brands secured over 100 trade leads during the Philippines’ first participation in the franchising and business Expo in Melbourne, Australia, the Department of Trade and Industry (DTI) said. The DTI reported that Avocadoria, BENCH, The Cabalen Group, Miguelitos Ice Cream, Oryspa, and...
The resignation of Department of Trade and Industry (DTI) Secretary Alfredo E. Pascual is poised to pave the way for a Cabinet reshuffle, with two secretaries currently under consideration for the vacant position. Malacañang announced on Wednesday, July 31, the resignation of Pascual as head...
The Department of Trade and Industry (DTI) has vowed to take strong measures against illegal business operations to safeguard consumers and maintain fair trade. In a statement on Wednesday, July 10, Trade Secretary Alfredo E. Pascual said that illegal business operations will face zero tolerance in...
The Board of Investments (BOI) has granted approval for agricultural projects totaling nearly P10 billion to bolster the country’s food security and resilience. In a statement, the Department of Trade and Industry’s (DTI) investment promotion agency said the Department of Agriculture (DA)...
The inter-agency Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to a P10-billion cement manufacturing project of San Miguel Equity Investments, Inc., the Department of Finance (DOF) announced. In a statement, the DOF said on Monday, Jan. 17, that the FIRB, upon the...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
The finance and trade departments signed the implementing rules and regulations (IRR) of the corporate recovery and tax Incentives for enterprises (CREATE) law, the government’s largest fiscal stimulus package for businesses in the country’s history. Ahead of the July 10, 2021 deadline, Finance...
The Fiscal Incentives Review Board (FIRB) has adopted the framework for the grant of incentives to qualified industries under the government’s Strategic Investment Priorities Plan (SIPP). As provided in the newly enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) Law that...