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Following the declaration of a state of calamity in the Philippines for six months, the price freeze on basic commodities will be effective until May 15, the Department of Trade and Industry (DTI) said. The price freeze covers all merchants, including those who sell basic goods through the Internet or other media, according to the […]
The Philippine government launched recently the National Business One-Stop Shop (NBOSS) at the Securities and Exchange Commission (SEC), with the aim of integrating the processes of different agencies in one location for one-person corporation applicants. NBOSS is a physical co-location for agencies related to starting a business including the SEC, the Bureau of Internal Revenue, […]
Exports by the Philippines reached a record-high of $70.3 billion in 2019 from $69.3 last year despite external headwinds from the global trade policy uncertainties, geopolitical tensions, and country-specific challenges, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. “The relatively strong export performance of the Philippines transpired amid DTI’s strong efforts in attracting […]
Government and private sector stakeholders converged to support the bamboo industry during the Philippine Bamboo Industry Development Council (PBDIC) meeting. As Chair of the Bamboo industry council, Department of Trade and Industry (DTI) Secretary Ramon Lopez reported that various agencies like the Departments of Agriculture, Environment, Local Government, and Trade are aligning their various programs […]
It is business as usual for the trade and investment relations between the Philippines and China amid the novel coronavirus (2019-nCoV) outbreak, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. Lopez said the Philippine government has not canceled its commitment to participate in trade and investment expositions in China, but it will take […]
Trade Secretary Ramon Lopez said his department is preparing livelihood assistance to help entrepreneurs affected by the Taal Volcano eruption.Lopez said the Department of Trade and Industry (DTI) aims to disburse P50 million worth of micro finance facilities under the Pondo sa Pagbabago at Pag-asenso, or the P3 Program. “We are preparing for livelihood assistance […]
Over 110,000 micro entrepreneurs have been assisted even as P5.1B has been released through the Pondo sa Pagbabago at Pag-asenso (P3) Program, which is being rolled out to the countryside to provide affordable and easy access loans to micro entrepreneurs. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the P3 Program will continue […]
In a bid to make available options for halal food and souvenirs for athletes, guests, and visitors of the 30th South East Asian Games (SEA Games), the Department of Trade and Industry (DTI), represented by the Export Marketing Bureau (EMB), Bureau of Domestic Trade Promotion (BDTP), and Regional Operations Group (ROG), has installed a temporary […]
The Department of Trade and Industry (DTI) is seeking an initial P200 million to P300 million revolving fund for the implementation next year of a new law supporting the innovation activities especially of micro, small and medium enterprises (MSMEs) and enable them to become part of the global market. DTI Secretary Ramon Lopez said the […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez urged Cebu industry players to be part of reforms in doing business with government by filing complaints and reporting corrupt practices and unfair treatment in all government transactions. “The law is in effect already, which entitles everyone to file a complaint. Your support, through filing proper […]