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The Department of Trade and Industry (DTI), Department of Agriculture (DA), and Department of Energy (DOE) signed a joint administrative order (JAO) implementing a special discount of five percent of the regular retail price of basic necessities and prime commodities (BNPC) without exemption from the value-added tax (VAT) for Filipino senior citizens and persons with […]
Department of Trade and Industry (DTI) Secretary Fred Pascual encouraged Australian firms to seize the stronger economic cooperation between the Philippines and Australia during the Business Roundtable Meeting, held in Adelaide, Australia. Pascual highlighted the Philippines’ growing economy and conducive business environment, making it a strategic location for investments with its young population, skilled workforce, […]
For the third consecutive year since becoming a Hall of Famer in 2020, Quezon City is hailed as the country’s Most Competitive Local Government Unit under the Highly Urbanized Cities category of the Cities and Municipalities Competitiveness Index (CMCI). The city received a total of six awards from the Department of Trade and Industry (DTI), […]
The Department of Trade and Industry (DTI), through its Consumer Protection Group (CPG), has planned activities for the month-long celebration of Consumer Welfare Month (CWM). The DTI will carry the theme, Sustainable Consumerism in the Digital Age with the goal of increasing advocacy for sustainability and encouraging a mindful shift in consumption, particularly when it […]
As teachers and learners gear up for the start of another school year, the Department of Trade and Industry (DTI) released the Suggested Retail Price (SRP) Bulletin of school supplies to assist the consumers in their purchase of school items. Republic Act No. 7581, or the Price Act, classifies school supplies as Prime Commodities. For […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez assured SBA Communications Corporation of the Philippine government’s steadfast support for their continued construction and operations in the Philippines as a provider of critical passive infrastructure for wireless communications or Independent Tower Company (ITC). Lopez met with SBA Senior Director (International) Nicholas Van Slyck and Senior […]
Philippine exports reached $6.16 billion in February, growing by 15% compared to the same period last year, based on Philippine Statistics Authority (PSA) preliminary data. Moreover, cumulative exports for the first two months of the year amounted to $12.2B, 11.9% higher than the $0.9B exports in 2021 and 15.7% higher compared to the 2019 pre-pandemic […]
The strategic goods export authorizations issued by the Department of Trade and Industry – Strategic Trade Management Office (DTI-STMO) last year was able to generate $4.5-B in revenue, a significant increase as compared to the previous year’s export value of $3.6-M which was based on reports submitted by exporters to the DTI-STMO. Exports of information […]
Bulacan was ranked 10th among the country’s most competitive provinces by the Department of Trade and Industry (DTI) in the Cities and Municipalities Competitiveness Index (CMCI). Governor Daniel Fernando said this is the third consecutive year for the province to receive such recognition. Bulacan placed eighth in 2020 and ninth in 2019, showing a huge […]
Paving the way to attract more investments in the Philippines, the ratification of the amendment to the Public Service Act (PSA) plays a vital role for the country to progress closer to economic recovery, the Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairman Ramon Lopez said. “This is a monumental […]