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Even in the face of the rising wave of new COVID-19 cases globally, Philippine exports grew by 17.6% in August 2021 bringing cumulative exports to $48.9 billion for the first eight months of the year. The year-to-date August figure is 19.6% higher than the $40.9B recorded during the same period last year and also […]
The Department of Trade and Industry (DTI), through its financing arm, the Small Business Corporation (SBCorp), will be creating a lending facility to assist pandemic-distressed micro, small, and medium enterprises (MSMEs) in providing the 13th month salary of their workers. Trade Secretary Ramon Lopez however emphasized that the real sustainable solution is the reopening of the […]
Businesses nationwide are adopting the Safety Seal to assure the public that safe health protocols are put in place in their establishments amid the various quarantine restrictions. A total of 43,332 public and private establishments have been issued Safety Seal Certifications through the joint efforts of the Department of Health (DOH), Department of Interior and […]
The Department of Trade and Industry, through its Consumer Protection Group (DTI-CPG), spearheads the annual celebration of the Consumer Welfare Month (CWM) this October with various activities lined up. “Digital Consumers: The New Normal” is this year’s theme, and it highlights the government’s continued consumer protection programs in today’s heightened utilization of electronic commerce. “We […]
The Department of Trade and Industry (DTI) hosted the “International Trade Forum: Benefits of the Regional Comprehensive Economic Partnership (RCEP) Agreement to the Philippines” via Zoom recently. Attended by over 300 participants, the forum is the first in a series of webinars on RCEP that the DTI is spearheading to inform stakeholders of the Agreement, […]
The Global Startup Ecosystem Report (GSER) 2021 featured anew the Philippine startup ecosystem. Ranking among the top 30 Asian ecosystems in terms of performance, the value of Manila’s startup ecosystem is at $584-M, with $101-M in total early-stage funding over the last 2.5 years. Globally, affordable talent (or the ability to hire tech talent) is […]
Despite the impact of the COVID-19 pandemic, the Philippines remains among the world’s most innovative economies. The Global Innovation Index (GII) 2021 ranks the Philippines at 51st out of 132 countries, as it sustains its status as an “innovation achiever” for the third consecutive year. “Our experience validates the strong potential of innovation to catalyze job […]
The Metropolitan Manila Development Authority (MMDA) and Department of Trade and Industry (DTI) conducted new round of inspection of some establishments in Makati City to check their compliance to the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) guidelines under Alert Level 4. MMDA Chairman Benhur Abalos, with DTI Secretary Ramon Lopez […]
In the virtual courtesy call of Singapore Trade Minister Gan Kim Yong to Department of Trade and Industry (DTI) Secretary Ramon Lopez, the two officials talked about further strengthening the Philippines and Singapore’s partnership in digitalizing micro, small, and medium enterprises (MSMEs). Both recognized the surge of e-commerce during the COVID-19 pandemic and its significant […]
The Department of Trade and Industry (DTI) and Plastic Credit Exchange (PCX) virtually signed a memorandum of agreement (MOA) to collaborate in achieving the goal of diverting post-consumer plastic from landfills and oceans through responsible collection and processing. The signing of the MOA was led by DTI Secretary Ramon Lopez and PCX Founder and Chairperson […]