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The Department of Trade and Industry (DTI), together with the UnionBank of the Philippines (UBP) and Global Learning Solutions (GLS), signed a Memorandum of Understanding (MOU) to strengthen collaboration and cooperation on digital transformation at the Inauguration of the Union Bank Innovation Campus (UBIC) during the 2022 UnionBank Innovation Festival recently. “DTI puts science, technology, […]
Following the opening of a world-class farmer’s market in Narvacan, Ilocos Sur, many new businesses have sprouted in the area, according to a certified report on economic data of the municipal government. Latest records showed that in 2021, some 916 new businesses got registered in Narvacan, bringing the total number of businesses that year to […]
The Department of Trade and Industry (DTI) has initiated the development of a self-assessment toolkit for micro, small and medium enterprises (MSMEs) which will measure their level of digital maturity and readiness to embark on their journey towards digital transformation. During the 2nd Meeting of the E-commerce Promotion Council held recently, Trade Secretary Ramon Lopez […]
While micro, small and medium enterprises (MSMEs) still comprise the majority of registered businesses in the country, a survey conducted by the Department of Trade & Industry (DTI) Ecommerce Office in September 2020 showed that 73% of MSMES still require assistance in digitizing their operations. Shopee remains committed to helping MSMEs transition to digital easily […]
Senator Grace Poe said improving electricity services in far-flung areas of Mindanao and lowering their rates could pave the way for more investments and businesses into the area. The Senate committee on public services deliberated recently a House bill seeking to expand the franchise area of electricity distribution firm Davao Light and Power Co. (DLPC). […]
“As an ally in creating jobs for more Filipinos and in nation-building, I assure you that my administration’s policies will be business-friendly and consistent to induce foreign investors and enable sustained growth for the IT-BPM (Information Technology and Business Process Management ) industry.” This was stressed by Aksyon Demokratiko standard-bearer and Manila Mayor Isko Moreno […]
Senator Joel Villanueva called for a shift in mindset from wage employment to self-employment for young graduates through the establishment of the Philippine Entrepreneurs Academy. Villanueva made this call in his sponsorship of Senate Bill No. 2205 under Committee Report No. 585, creating the said academy that provides degree programs and training for entrepreneurship. The […]
The Department of Trade and Industry (DTI) was recognized by GCash during the first Digital Excellence Awards. The awards are given to government units and agencies that paved the way in uplifting the lives of their constituents and clients by pioneering the use of digital financial products to help ensure the safe and efficient delivery […]
If it isn’t rude to ask, probably one of the most dreaded questions you could ask a millennial is their net worth. Despite being the highest-earning generation, millennials seem to hold way fewer riches. Perhaps, the idea of gaining wealth and putting it to something they can call their own, isn’t as pleasing as other […]
The Philippines was named the most improved country in the 2021/2022 Peddling Peril Index (PPI) of countries implementing strategic trade regulations. The Philippines’ ranking increased by 273 points from 482 points the previous year to 755 points, moving up from 86th place in 2020 to 49th place in 2021. “PPI rates 200 nations based on their strategic […]