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Senator Ronald “Bato” Dela Rosa has lamented the finger-pointing of government agencies on which department should file charges against hoarders and price manipulators.Dela Rosa, the vice chairperson of the Senate Blue Ribbon Committee, has expressed frustration and reprimanded the Department of Trade and Industry (DTI) and the Department of Agriculture (DA) for finger-pointing each other […]
The Department of Trade and Industry (DTI) tightened its surveillance and monitoring activities to ensure compliance among commercial establishments and supermarkets amid rising prices of goods. DTI, through its Consumer Protection and Advocacy Bureau (CPAB), officially released the updated suggested retail price (SRP) for basic necessities and prime commodities (BNPCs) as well as school supplies, […]
The Philippine Department of Trade and Industry- Export Marketing Bureau (DTI-EMB) partners with Andalin to boost trade and business-to-business (B2B) interactions between the Philippines and Indonesia. A memorandum of understanding (MoU) was signed by DTI and Andalin recently. The signing was led by Supervising Assistant Secretary of DTI-EMB Glenn Peñaranda and Andalin COO Saut Tambunan. […]
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 […]
Following two months of accelerated growth, the country’s export sales settled at 1.0% growth for the month of June. Philippine exports grew by $67.9M to $6.6B in June 2022, bringing cumulative exports to $38.5 B from January to June. While export values barely inched higher in June, more Philippine export commodity groups register sustained recovery […]
The Department of Trade and Industry (DTI) said the supply of basic commodities is now stable in Abra as about 95 percent of business establishments in the province have resumed operation more than a week after the July 27 earthquake. Engr. Francis Pacio, DTI-Abra OIC provincial director said “on the first two days, even the […]
The Department of Trade and Industry encourages Senior Citizens and Persons with Disabilities (PWDs) to utilize their 5% special discount for Basic Necessities and Prime Commodities (BNPC) following the release of the Joint Memorandum Circular (JMC) No. 01, series of 2022, entitled “Guidelines on the Provision of the Mandatory Statutory Benefits and Privileges of the […]
The Department of Trade and Industry (DTI) invites Philippine micro, small, and medium enterprises (MSMEs) to take part in the largest online sale event in Southeast Asia. Reputable e-commerce platforms and businesses across the region will participate in the ASEAN Online Sale Day (AOSD) on August 8 –10, 2022. The AOSD is a yearly event […]
Contributing to the sustained expansion of the country’s economy, the Philippine exports grew by 8.4%, reaching $31.87 billion from January to May 2022 from $29.40 billion in 2021, based on the preliminary data from Philippine Statistics Authority (PSA). On a year-on-year (YOY) basis, Philippine merchandise exports increased by 6.2%, adding $6.31 billion this month in […]
Trade Secretary Alfredo Pascual virtually attended the European House – Ambrosetti’s hybrid session of the High-Level Dialogue on ASEAN-Italy Economic Relations in Kuala Lumpur, Malaysia. The Forum serves as a platform for ASEAN and Italy’s economic ministers and senior officials to tackle critical issues centered on economy and technology. Specifically, it sheds light on the […]