The Department of Health (DOH) and the Department of Trade and Industry (DTI) have signed a Joint Administrative Order (JAO) to set the price range for RTPCR COVID-19 test. (JANSEN ROMERO / MANILA BULLETIN) The issuance of JAO No. 2020-0001 signed on November 24, 2020, which is expected to take...
The National Development Company (NDC), the investment arm of the government, will start providing equity financing to qualified innovative startups with high growth potential to further support the development of the Philippine startup ecosystem. Trade and Industry Secretary Ramon M. Lopez...
The Philippines said it is close to filling up the gaps in the value chains for the copper & nickel, electronics and automotive sectors to support its goal of becoming a major player in the electric vehicle (EV) market. Board of Investments (BOI) Managing Head Ceferino S. Rodolfo said...
The Philippines has identified 90 investment leads with estimated initial project cost of $24.1 billion that are expected to materialize within a year, according to Trade and Industry Secretary Ramon M. Lopez. Lopez, who is also chair of the country’s premier investment promotion and generation...
Trade and Industry Undersecretary Ceferino S. Rodolfo The Board of Investments (BOI), the country’s premier investment promotion and generation agency, is confident of hitting its P1 trillion investments target this year despite the pandemic that has slowed down domestic and global businesses....
Trade and Industry Secretary Ramon M. Lopez has urged micro, small and medium enterprises (MSMEs) to avail of the P535 billion loanable funds allocated by the banking sector on top of the various financing schemes being extended by government financial institutions (GFIs). Lopez said the entire...
Trade and Industry Secretary Ramon M. Lopez expects the decline in the country’s GDP and unemployment rate will further slowdown to single digit in the last fourth quarter of this year as the economy continued to reopen. “We’re hoping for a single digit decline by the fourth quarter,” said...
Consumer advocacy group Laban Konsyumer Inc. (LKI) has urged the government to expand the price freeze to include gasoline, diesel, and construction materials following Malacanang’s declaration of a state of national calamity in the entire island of Luzon. In a letter to the Departments of Trade...
ASEAN economic ministers have agreed to refrain from introducing trade-restrictive measures on essential goods associated with combating the global pandemic to ensure smooth flow of these items across borders. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO)...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Trade and Industry Secretary Ramon M. Lopez has batted for the importance of inclusive growth of micro, small and medium enterprises (MSMEs), women business empowerment, and innovation as among the key economic drivers of all economies. The DTI Secretary together with...
