Senator Risa Hontiveros has warned lawmakers that eliminating all restrictions to foreign ownership of the country’s domestic retail trade would not be a wise option, especially amid an economic crisis due to the coronavirus (COVID-19) pandemic. Hontiveros said Senate Bill No. 1840 or the...
Unimplementable, discriminatory. That's how a Department of Trade and Industry (DTI) official described proposals to require customers to present a "vaccine pass" before they are allowed entry to a business establishment. Essentially, a vaccine pass is proof that the person holding it has received...
Having a "safety seal" is by no means mandatory, but it would still be good for local business establishments operating amid the current public health crisis to try to acquire one. A restaurant staff cleans a table in preparation for the resumption of dine-in service last April 30, 2021. (Ali...
About 300,000 workers are expected to go back to their jobs following Metro Manila, Cavite, Laguna, Bulacan, and Rizal's recent switch to a more relaxed quarantine status. (Photo courtesy of the Department of Trade and Industry) Department of Trade and Industry (DTI) Undersecretary Ireneo Vizmonte...
Beware of individuals posing as researchers only to harvest giant clams for illicit trade. CLAMMY HANDS? -- A Philippine Coast Guard (PCG) diver carefully re-seeds a giant clam on March 11, 2021. (FILE PHOTO) This was the warning of Department of Environment and Natural Resources (DENR) Secretary...
The country’s trade deficit narrowed in March this year as exports registered stronger growth, data from the Philippine Statistics Authority (PSA) showed on Friday, May 7. Based on the PSA preliminary report, the gap in the trade balance, or the difference...
The Department of Health (DOH) assured that the country has "sufficient" supply of medical oxygen - which is vital for treating those who contracted the coronavirus disease (COVID-19). DOH Undersecretary Maria Rosario Vergeire “It is enough, it is sufficient sa ngayonsa current number din ng mga...
The Anti-Red Tape Authority (ARTA) and four other key agencies of the government are set to issue a joint memorandum circular (JMC) that will cut down regulatory requirements for local coronavirus disease (COVID-19) vaccine manufacturers. ARTA ARTA made the statement following President Duterte's...
The existing procurement law must be amended first in order to give local manufacturers of personal protective equipment (PPE) a fighting chance against its international competitors, an official of the Department of Trade and Industry (DTI) said. DTI Undersecretary Ruth Castelo (Screengrab from...
Philippines and Chile, separated by thousands of miles, have started to strengthen economic relations with the signing of a memorandum of understanding for the establishment of a Joint Economic Cooperation (JEC) and to help each other’s membership bids in other regional free trade deals. ...
China is committed to expand investment ties with the Philippines following a surge in bilateral trade in the first quarter of the year. Chinese Ambassador to the Philippines with President Duterte (File photo: Chinese embassy/Manila Bulletin) Chinese Ambassador to the Philippines Huang Xilian said...
Shenzhen Grandsun Electronics Co. Ltd., a Chinese sub contractor of a European company, is planning to expand operation in the country in one of the economic zones in Batangas City. This was revealed by Trade and Industry Secretary Ceferino S. Rodolfo at the recent virtual meeting with members...
