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The Department of Trade and Industry, through its Consumer Protection Group (DTI-CPG), continues its annual celebration of Consumer Welfare Month (CWM) this October with most of the activities done virtually because of the community quarantine. “This year’s theme is ‘Sustainable Consumer in the New Normal,’ which calls for a change in consumer behavior and […]
Prices of basic items have reverted to their suggested retail prices (SRPs) effective Saturday with the end of the 60-day nationwide price freeze, the Department of Trade and Industry (DTI) said. For SRPs of manufactured basic goods, these will be based on the DTI SRP bulletin dated 30 September 2019. “The lifting of the price […]
About 94 percent of economic activities will resume under a general community quarantine (GCQ), Trade Secretary Ramon Lopez has assured. But Lopez said companies are still encouraged to implement work-from-home arrangements even when most of the economic activities has returned under GCQ. The trade chief said the remaining 6 percent of economic activities that are not […]
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 […]