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Government

PH EXPORTS UP BY 15.2% IN 2021 – LOPEZ

Despite continued disruptions in the global economy due to COVID-related restrictions, the Philippine exports grew by 15.2% from January to November 2021 to $68.4B compared to the same period in 2020, based on Philippine Statistics Authority (PSA) preliminary data. Philippine merchandise exports increased by 6.6% year-on-year (YOY) amounting to $6.3B in November 2021 from $5.9B […]

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Politics

PANGILINAN TO DTI: STOP LOOMING BREAD PRICE HIKE

Senator Kiko Pangilinan calls on the government, particularly the Department of Trade and Industry (DTI), to immediately intervene in the looming increase in prices of bread products as millions of Filipinos are still reeling from the catastrophic effect of the ongoing COVID-19 pandemic and the recent devastation brought by Typhoon Odette in the regions. Pangilinan […]

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Government

DTI: NO HARD LOCKDOWNS AMID SPIKE IN COVID CASES

There will no longer be hard lockdowns amid the spike in cases of the coronavirus disease 2019 (COVID-19), made worse by the more transmissible Omicron variant. The Philippine Chamber of Commerce and Industry (PCCI) said they were assured by Department of Trade and Industry (DTI) officials that the government will not implement massive lockdowns anymore. […]

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Government

DTI BACKS USE OF COVID-19 SELF-TEST KITS

To have another layer of protection amid the spike in coronavirus disease 2019 (COVID-19) cases, the Department of Trade and Industry (DTI) is pushing for making COVID-19 self-test kits available in drugstores. DTI Secretary Ramon Lopez said it is time to adjust the protocol by encouraging the use of COVID-19 self-test kits to prevent transmission. […]

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Government

DTI TO PUBLIC: BUY ONLY LICENSED FIREWORKS

The Department of Trade and Industry’s Consumer Protection Group (DTI-CPG) recently seized 573 pieces of unlicensed fireworks with a retail value of P26,340.00 during a surprise inspection in Bocaue, Bulacan. DTI-CPG Undersecretary Atty. Ruth Castelo led the activity which was conducted by the DTI-Fair Trade Enforcement Bureau (FTEB), in coordination with the DTI-Bulacan Provincial Office […]

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Government

PH ECONOMY TO BENEFIT FROM RCEP AGREEMENT – LOPEZ

With the Regional Comprehensive Economic Partnership (RCEP) Agreement set to enter into force on January 1, 2022, securing Senate concurrence to the ratification of the Agreement becomes more urgent for the Philippines. Many economists and international organizations have already expressed views on the value and importance of the RCEP Agreement to the Philippines and to […]

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Government

PH RECORDS 16% EXPORT GROWTH IN 2021 – LOPEZ

Despite some disruptions in the reopening of the global economy and in international trade, cumulative Philippine exports reached $62.1 billion in January-October 2021, growing by 16.1% compared to the same period last year and 5.71% higher than the pre-pandemic average values from 2016 to 2019. Merchandise exports increased by 2% year-on-year (YOY) to $6.4 billion […]

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Government

DTI IMPOSES ANTI-DUMPING DUTY ON VIETNAM CEMENT

The Department of Trade and Industry (DTI) has imposed provisional anti-dumping duties on specific Portland cement brands imported from Vietnam after conducting a preliminary determination on the anti-dumping petition filed by Republic Cement & Building Materials, Inc. (RCBM), CEMEX – Solid Cement Corporation/ Apo Cement Corporation, and Holcim Philippines Inc. Preliminary determination showed that 9 […]

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Government

DTI BAGS 3 GCASH EXCELLENCE AWARDS – LOPEZ

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 […]

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Government

NO SRP INCREASES IN NOCHE BUENA PRODUCTS – LOPEZ

The Department of Trade and Industry (DTI) released the List of Suggested Retail Prices (SRPs) of Noche Buena products for the information and guidance of the consumers as the holiday season approaches. The price guide includes products such as ham, keso de bola, cheese, sandwich spread, mayonnaise, pasta—spaghetti noodles, elbow and salad macaroni, spaghetti sauce, tomato […]