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Government

MANUFACTURING SECTOR REMAINS RESILIENT AMID GLOBAL SLOWDOWN – LOPEZ

The Philippine manufacturing sector showed resilience during the first half of 2019 amid a global manufacturing slowdown that weighed heavily on the world economy. Buoyed by sustained growth in few export markets and strong domestic demand because of key economic reforms, the Philippine manufacturing sector still posted a 4.4% growth for the first half of […]

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Government

DTI, LGU COLLABORATION NEEDED FOR MORE JOB GENERATION — LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez underscored the need for stronger collaboration between DTI and the country’s local chief executives to generate more jobs and employment opportunities, while providing better and comfortable lives for all Filipinos. During a dialogue with provincial governors, city mayors, and municipal mayors recently, Lopez highlighted the important […]

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Government

TRANSLATE PRICE TAGS TO ENGLISH OR FILIPINO – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez recently signed Department Administrative Order (DAO) No. 19-09, Series of 2019, which mandates the translation of signages, billboards, advertisements, brochures, flyers, notices, advisories, labels, price tags/lists, menus, receipts, and other business marketing materials to English and/or Filipino. The policy move was prompted by the surprise inspection […]

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Government

DTI EXPANDS SHOEMAKING SHARED SERVICE FACILITY IN DAVAO – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez recently launched the expanded shared service facility of the Ateneo Shoe Academy (ASA), a shared service facility (SSF) project of DTI-Davao City Field Office in partnership with the Ateneo de Davao University as cooperator to benefit out-of-school youth, persons with disabilities (PWDs), youth in the marginalized […]

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Government

PH TO INCREASE TRADE, INVESTMENT TIES WITH FRANCE – LOPEZ

The French and Philippine governments concluded the 8th Philippines-France Joint Economic Commission (JEC) meeting in Manila, agreeing to come up with more exchanges to increase trade and investment ties as well as boost development cooperation. “The two nations have opened new inroads.”  In the latest JEC meet, the two nations have opened “new inroads” as […]

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Government

RECTO BANK INCIDENT HAS NO EFFECT ON PH-CHINA TRADE RELATIONS – LOPEZ

The recent Recto Bank incident involving a Chinese vessel and a Philippine fishing boat has no effect on the trade relations between the two countries, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. In a press conference, Lopez said the issue involving the code of conduct in the sea is separate from business […]

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Government

PEACE, SECURITY, TRADE DISCUSSED IN DUTERTE-WIDODO MEETING – LOPEZ

President Rodrigo Duterte and Indonesian President Joko Widodo discussed continuous cooperation in securing peace and order, and to jointly fight terrorism, illegal drugs and corruption, Trade Secretary Ramon Lopez said. Duterte and Widodo held a bilateral meeting in Bangkok, Thailand. Lopez did not provide much detail on security issues but added that on the economic […]

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Government

LOPEZ TO CHINA COMPANIES: THIS IS BEST TIME TO INVEST IN THE PHILIPPINES

To ensure the implementation of the iron processing plant project signed during the China visit of President Rodrigo Duterte last April, Department of Trade and Industry (DTI) Secretary Ramon Lopez engaged with Chinese investor group to discuss the details of their expansions as well as the menu of incentives provided by the Philippine government. In […]

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Government

DTI, MONSOON SIGN PARTNERSHIP TO FACILITATE EASE OF DOING BUSINESS IN PH – LOPEZ

The Department of Trade and Industry (DTI) and Monsoon Blockchain Storage Inc., a U.S.-based company that provides blockchain-based cloud data storage optimization service, signed a Memorandum of Agreement (MOA) recently that will enhance capacity building and institutional development on the effective use of blockchain technology in the Philippines. The partnership, signed by Trade Secretary Ramon Lopez and Monsoon Blockchain […]