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Department of Trade and Industry (DTI) Secretary Ramon Lopez highlighted the possible benefits that the Philippines might be able to gather from the establishment of the largest hyperscale data center in the country during the courtesy call of Darren Hawkins, CEO of SpaceDC. Together with him was Joshua Robinson, Chief Investment Officer of the said […]
Senator Joel Villanueva welcomed the news from the Department of Trade and Industry around half a million jobs will be generated with an eased Alert Level 1 restrictions in the country. “This is a loud and clear alert signal for our workforce. The lowering of restrictions as well as COVID-19 cases in the country is […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez attributed the growth in the country’s manufacturing output to the continued easing of economic restrictions amid the challenges of the COVID-19 pandemic. The latest report published by global provider IHS Markit noted that the country’s purchasing manager’s index (PMI) jumped to a high of 52.8 in […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez highlighted the importance of sustainable development for the Philippines during the courtesy call of UK Prime Minister’s Trade Envoy Richard Graham. Lopez shared that one of the key priority areas for the country in terms of trade and investment is sustainable development in the form of […]
Bulacan was ranked 10th among the country’s most competitive provinces by the Department of Trade and Industry (DTI) in the Cities and Municipalities Competitiveness Index (CMCI). Governor Daniel Fernando said this is the third consecutive year for the province to receive such recognition. Bulacan placed eighth in 2020 and ninth in 2019, showing a huge […]
Revitalized business relationships between the Philippines and Middle East in the construction sector took off during the recently conducted Philippines – United Arab Emirates High Level Construction and Related Engineering Services Roundtable Meeting, the Department of Trade and Industry (DTI) reported. The meeting was held recently in Kempinski Hotel Mall of Emirates, Dubai. During the […]
Paving the way to attract more investments in the Philippines, the ratification of the amendment to the Public Service Act (PSA) plays a vital role for the country to progress closer to economic recovery, the Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairman Ramon Lopez said. “This is a monumental […]
Tourism Secretary Berna Romulo-Puyat said that the vaccination of children aged 5 to 11 years old will further push the recovery of the hardest hit sector, noting that the vaccines will boost parents’ confidence to travel safely and make family trips safer and “more fun”. “It has been embedded in our culture that Filipinos are […]
Senator Joel Villanueva called for a shift in mindset from wage employment to self-employment for young graduates through the establishment of the Philippine Entrepreneurs Academy. Villanueva made this call in his sponsorship of Senate Bill No. 2205 under Committee Report No. 585, creating the said academy that provides degree programs and training for entrepreneurship. The […]
Philippine merchandise exports capped 2021 with a 14.5% growth with a value reaching $74.6B, based on preliminary data from the Philippine Statistics Authority (PSA). Despite the emergence of a new COVID-19 variant that has impeded the full recovery of the global economy, Philippine exported goods increased in December which added $6.3B in the country’s export […]