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Department of Trade and Industry (DTI) Secretary Fred Pascual called for deeper economic collaboration and stronger investment deal between the Philippines and Vietnam during the welcome networking reception for the Philippine business delegation at the sidelines of the Presidential visit in Vietnam. In his address, Pascual welcomed business leaders as he emphasized the shared economic […]
The Department of Trade and Industry (DTI) and the Women’s Business Council Philippines, Inc. (WomenBizPh) signed a Memorandum of Understanding (MOU) to promote awareness on the benefits of free trade agreements (FTAs), such as the Regional Comprehensive Economic Partnership (RCEP) Agreement, with the end view of increasing the country’s utilization of these preferential arrangements. DTI […]
The Department of Trade and Industry (DTI) reported a noteworthy accomplishment with a total of 984,332 business name registrations for 2023. This marks a consecutive annual increase showcasing a 5% spike from the previously recorded 937,431 registrations in 2022. “All business name registrations, 88% (864,200) accounted for new business registrations, with the remaining 12% (120,132) […]
The Department of Trade and Industry (DTI) intensified its strategic communication campaign on consumer protection and acceleration of local micro, small, and medium enterprises (MSMEs) by sealing a partnership with the Union of Local Authorities of the Philippines (ULAP) on 18 January 2024. Aligned with the Department’s MSME development efforts, the signing of the memorandum […]
The Department of Trade and Industry (DTI) has completed the assessment and validation of notifications for price adjustments filed by certain manufacturers in the Coffee and Salt categories of the basic necessities with suggested retail prices (SRPs). Price adjustments have been approved for 3 of 13 stock-keeping units (SKUs) of coffee and 6 of 19 SKUs of […]
Shoring up the promotion of locally-developed biofertilizer products and technologies in the Philippines, the Board of Investments (BOI) discussed with AgriSpecialist, Inc. (ASI) possible strategic collaborations in the commercialization of the country’s biofertilizer industry. Director Raquel Echague of the BOI’s Resource-Based Industries Service (RBIS) and Mario Labadan, Jr., President of AgriSpecialist, Inc., talked about the […]
Renewing its commitment to the economic recovery initiatives of President Ferdinand Marcos Jr., Department of Trade and Industry (DTI) Secretary Fred Pascual laid down the major milestones achieved by the Department throughout the year in areas of trade expansion, investment promotion, business climate competitiveness, workforce upskilling, and digital transformation for micro, small, and medium enterprises (MSMEs), […]
The Department of Trade and Industry (DTI) successfully carried out its heightened enforcement of technical regulations, resulting in the confiscation of uncertified fireworks in Bocaue, Bulacan. During the enforcement operations, four out of the 33 inspected retail firms were issued with Notices of Violation (NOV) for selling fireworks not covered by the Philippine Standard (PS) license and […]
The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) reminds the public to be vigilant especially the Overseas Filipinos (OFs) and Overseas Filipino Workers (OFWs) when sending their balikbayan boxes this coming holiday season as influx of shipments is expected. The FTEB implements the accreditation of seafreight forwarders (SFF) as part of its […]
Department of Trade and Industry Secretary Fred Pascual reported to President Ferdinand Marcos Jr. the P14.5 billion investments gathered from various Japanese companies during the pledges update and new agreements event held at the sidelines of the ASEAN-Japan 50th year Commemorative Summit 2023. Pascual highlighted that the newly signed agreements and pledge updates will generate a […]