Trade and Industry Secretary Ramon M. Lopez has vowed that micro small and medium enterprises (MSMEs) doing transactions with the government can expect a fully-automated digital platform with a refined customer service team any time of the day by next year. Lopez issued this commitment at the...
Noche Buena products manufacturers are seeking as much 3 percent increase in their suggested retail prices (SRP) due to increased cost of production. Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Trade and Industry Secretary Ramon M. Lopez said the Noche...
Travel agencies, tour operators, reservation service and related activities are allowed to reopen starting today, Oct. 16, according to the Department of Trade and Industry (DTI). Trade and Industry Secretary Ramon Lopez. (ALFRED FRIAS/PRESIDENTIAL PHOTO FILE PHOTO) Memorandum Circular No. 20-53...
Trade and Industry Secretary Ramon M. Lopez has assured that the implementation of the P3.27 billion Bureau of Fire Protection (BFP) procurement contract to the Philippine International Trading Corporation (PITC) for the construction of fire stations and supplies and equipment is on track. Trade...
Shopee and Lazada, the country’s two biggest online shopping platforms, have accounted for majority of the 13,674 online consumer complaints received by the Fair Trade Enforcement Bureau of the Department of Trade and Industry (DTI). DTI Undersecretary Ruth Castelo, who heads the agency’s...
“Rice remains as the staple food of Filipinos. And there is no food that is used as widely as rice,” says Department of Trade and Industry Undersecretary Ruth B. Castelo on the Philippines being the sixth largest rice-consuming countries in the world. After over a year of enactment of the...
As Senate continues to debate on the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill emotionally, two big electronics companies are shutting down operations because of uncompetitive business environment, according to the Semiconductor and Electronics Industries in the...
Philippines and Russia are discussing potential manufacturing of COVID-19 vaccine Sputnik V by Gamaleya Institute in the country, the Department of Trade and Industry revealed. Department of Trade and Industry (DTI) Secretary Ramon Lopez (right) discussed with Russian Ambassador to the Philippines...
World trade shows signs of bouncing back from a deep, COVID-19 induced slump, but World Trade Organization economists caution that any recovery could be disrupted by the ongoing pandemic effects. The WTO forecasts that merchandise trade volume could fall 9.2 percent in 2020 less than the 12.9...
Nestlé Philippines, the country’s biggest buyer of coffee, and the Department of Trade and Industry (DTI) on Tuesday (Oct. 6) signed a Memorandum of Understanding (MOU) to help implement the P4.781 billion Rural Agro-Enterprise Partnership for Inclusive Development and Growth (RAPID Growth)...
The Philippines and Germany have agreed to strengthen bilateral cooperation in manufacturing, construction and innovation at the successful convening of their inaugural Joint Economic Commission (JEC). The Philippines-Germany Joint Economic Commission Co-Chairs Parliamentary State Secretary Marco...
Trade and Industry Secretary Ramon M. Lopez is batting for the restoration of the P500 million budget for shared service facilities (SSF) program into the 2021 budget to achieve at least a P1 billion fund allocation next year for this program. Trade and Industry Secretary Ramon Lopez. (ALFRED...
