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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 […]
The Department of Trade and Industry (DTI) has presented the Quezon City government with five awards it garnered at the 2021 Cities and Municipalities Competitiveness Index (CMC) Summit, including 1st Place in the Most Competitive LGU in a Highly Urbanized City category. Quezon City Mayor Joy Belmonte also received four other awards — 2nd Place […]
The Department of Trade and Industry (DTI) and the Procurement Service-Department of Budget and Management (PS-DBM) signed a Data Sharing Agreement (DSA) which allows the two agencies to link their respective systems and further improve the electronic procurement process. The ceremonial signing was held at the Philippine Board of Investments in Makati City and was […]
The Department of Trade and Industry (DTI) and the Procurement Service-Department of Budget and Management (PS-DBM) signed a Data Sharing Agreement (DSA) which allows the two agencies to link their respective systems and further improve the electronic procurement process. The ceremonial signing was held at the Philippine Board of Investments in Makati City and was […]
The pandemic transformed the Philippine startup ecosystem and served as a catalyst which compelled the country to rapidly innovate and adopt new technologies. This was one of the findings revealed in the Global Startup Ecosystem Report (GSER) 2022 during the London Tech Week in San Francisco, California. According to the report, the pandemic led to […]
The Department of Trade and Industry – Competitiveness Bureau (DTI-CB) held the 6th Inclusive Innovation Conference (ICC) at the Batangas State University recently with the theme, “Leadership in Innovation: Key to Sustained Competitiveness and Economic Growth”. With the rapid adoption of technology and the rise of tech-centric programs, the IIC 2022 aimed to define the […]
Following the issuance by President Rodrigo Duterte of Executive Order No. 169 “Strengthening the Franchising Industry for the Protection of Micro, Small and Medium Enterprises (MSMEs)”, Department of Trade and Industry (DTI) Secretary Ramon Lopez ensured that in promoting entrepreneurship and franchising as tried and tested business models for aspiring MSMEs. “We have to protect […]
The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta met PT WIR Asia, TBK to discuss a plan by an Indonesia company active in the metaverse and augmented reality to deploy one of its subsidiaries in the Philippines with an initial projected investment of $20 million for […]
The Department of Trade and Industry (DTI) issued the new Suggested Retail Prices (SRP) for basic necessities and prime commodities. The price guide of 218 SKUs under DTI’s jurisdiction was published in the Philippine Star on 11 May 2022. 136 Stock Keeping Units (SKUs) or 62% retained their 27 January 2022 SRP Bulletin prices, while […]