Lufthansa Technik Philippines (LTP) is looking into expanding its aircraft maintenance, repair, overhaul (MRO) services outside of Metro Manila, most likely in Clark, as business is back at robust pace amid high demand for travel globally. LTP President and CEO Elmar Lutter revealed the company’s...
Softdrinks, food and beverage manufacturers are in need of 450,000 metric tons of premium refined sugar for the remainder of this year to be able to run their factories at full capacity while they implement various measures to cushion the impact of the sugar shortage in their business. According to...
Local cement manufacturers welcomed the thrust of the current administration towards a bias for domestic industries, stressing they too are victims of import surges that threaten the viability of their cement factories. “Like our peers in the sugar sector, we welcome President Ferdinand Marcos’...
The Department of Trade and Industry has issued suggested retail prices (SRP) bulletins on basic necessities and prime commodities (BNPCs) and school supplies taking into consideration increased prices in raw materials and distribution costs. The two new SRP bulletins will take effect Friday, Aug....
President Ferdinand "Bongbong" Marcos Jr. met with officials of the Department of Trade and Industry (DTI) to iron out plans to increase farmers' productivity by ensuring that affordable fertilizers are available in the market. Malacañang photo In a social media post on Wednesday evening, the...
The domestic electronics industry has urged for a review of the effectiveness of the incentives rationalization program of the government stating the country could potentially lose $400 million worth of investments to other countries, on top of the earlier $3.25 billion losses, should there be no...
From left: Go Negosyo Executive Director, Thermina Akram; Senior Adviser for MSME Development, Engr. Merly Cruz; Go Negosyo founder and president, Joey Concepcion; Department of Trade and Industry Secretary, Alfredo Pascual; DTI OIC Director for BSMED, Emma Asusano; and Undersecretary, Blesila...
The government should plug the “missing links” in the domestic garment manufacturing industry, one of the country’s top dollar earners, by supporting and developing a reliable local supply base, the Foreign Buyers Association of the Philippines (FOBAP) urged. FOBAP, a group of buyers of soft...
Senator Loren Legarda has refiled Senate Bill 7 that seeks to amend Republic Act (RA) 8759 ,or the Public Employment Service Office (PESO) Act of 1999, to include entrepreneurship and provide better employment and entrepreneurial opportunities suited for each Filipino. Legarda, a four-term...
The Cooperative Development Authority (CDA)'s "Co-opbiz", an online global marketplace for its cooperative members, was formally launched on June 28 at Novotel Manila Araneta City in Quezon City. (COOPERATIVE DEVELOPMENT AUTHORITY) It can be accessed at coopbiz.ph. The "Co-opbiz" is an e-commerce...
The Cooperative Development Authority (CDA) held a tribute for the outgoing Department of Trade and Industry (DTI) Secretary, Ramon M. Lopez, on June 14 at the Marco Polo Ortigas Manila in Pasig City. (COOPERATIVE DEVELOPMENT AUTHORITY) With the theme, "Pagbubunyi Para Kay Sec. Mon," CDA presented...
The Philippines and the United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) this week to boost bilateral investments between the two countries, the Department of Foreign Affairs (DFA) said. Philippine Ambassador to the United Arab Emirates Hjayceelyn Quintana,...
