The Department of Trade and Industry (DTI) is incentivizing local enterprises for them to adopt to digital technologies because while majority of enterprises are aware of the need to transform digitally many of them are facing various constraints, particularly the lack of capital. DTI...
The Department of Trade and Industry (DTI) will reimpose the mandatory certification of locally manufactured and imported plywood citing unfair competition from imported substandard plywood that threatens not only public safety, but also the local wood manufacturing industry. Trade and Industry...
Entrepreneurs are known for their sheer grit and determination, without hesitation to seek for help and inspiration from professionals when things get rough. Edith Christmae Tan is already an entrepreneur in her own right. She owns a 6-hectare farm in Northern Mindanao, but when the pandemic...
Despite the declining prices of locally produced palay, the Philippine government agencies are in full force to defend the Rice Tariffication Law (RTL), which allowed the unlimited entry of cheaper imported rice in the country. On Thursday (Oct. 8), four government agencies – the Department of...
The Philippines has a very limited production and exports volume of fructose syrup and as such it will not be affected by the decision of Indonesia to slap safeguard duty on the said product. Trade and Industry Export Marketing Bureau Director Senen Perlada (Photo credit:...
Bilateral trade between Philippines and Germany substantially dropped in the first half of 2020 mainly due to the impact of the COVID-19 quarantines that disrupted global supply chains. Martin Henkelmann, executive director of the German Philippines Chamber of Commerce and Industry (GPCCI), who...
The domestic automotive industry has urged the Department of Trade and Industry to reconsider its safeguard investigation on imported cars as sales took a dive in August. A joint report by the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association...
Exports from the Authority of the Freeport Area of Bataan (AFAB), home to the country’s biggest leather goods manufacturers, declined by 23.69 percent following weak global demand that caused temporary closure of some firms and the retrenchment of at least 18,000 workers. AFAB Administrator...
Trade deficit in the agriculture sector fell during the second quarter of the year amid lower imports and exports, a Philippine Statistics Authority (PSA) showed. The Philippines’ agricultural trade slowed down in the second quarter of the year – with its value slumping by 20 percent to US$4.07...
A petition asking President Duterte to declare all public lands in Mindanao as economic zones is gathering steam to ensure progress and development in the country’s second largest island, but which hosts some of the poorest areas in the country, while the Mindanao-born president is still in...
