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The Department of Trade and Industry (DTI), Department of Information and Communications Technology (DICT), and the Department of Science and Technology (DOST) issued a Joint Administrative Order (JAO) creating a Steering Committee under Republic Act 11337 or the Innovative Startup. The Steering Committee will provide strategic guidance and oversight in the formulation, implementation, and development […]
The Export Development Council (EDC), the export policy-making body in the country, has lauded the swift and positive response of the Department of Agriculture (DA) to help lower the cost of fruits and vegetable exports. EDC Chairman and Department of Trade and Industry (DTI) Secretary Ramon Lopez noted that exporters can now avail of free […]
Economic ministers from the 10 ASEAN Member States (AMS) met through a video conference recently to discuss the implementation of initiatives that will further the region’s post-pandemic economic recovery efforts. As this year’s ASEAN Chair, Brunei Darussalam led the setting of their priority economic deliverables (PEDs). These focus on three strategic thrusts—Recovery, Digitalization, and Sustainability. […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez highlighted the important role of women entrepreneurs especially as the country pushes for post-coronavirus economic recovery. In celebration of International Women’s Day, the DTI paid tribute to women-led micro, small and medium entrepreneurs (MSMEs) during the virtual graduation ceremony for the 3A program which stands for […]
As part of its ongoing commitment to help the country towards economic recovery, the Department of Trade and Industry (DTI) and Google launched “MSME Caravan Mondays”, a series of free digital upskilling training sessions for micro, small, and medium enterprises (MSMEs). Initially presented in February 2020 in partnership with the DTI, MSME Caravan is a […]
Fresh off a 25-month high in January, the Philippine manufacturing sector output remained steady in February, according to a survey conducted by IHS Markit. The Purchasing Manager’s Index (PMI) for the country sustained its figure at 52.5, still above the benchmark of 50 that distinguishes expansion from contraction. IHS Markit said operations inched up […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez called on the 52 graduates comprising of micro, small, and medium enterprises (MSMEs) in the trade agency’s 3A (Accept, Adapt, and Act) Program to scale up as the country gradually reopens the economy in the wake of the COVID-19 pandemic. “You should scale up so as […]
A Filipino company based in Davao City has promoted the conversion of biodegradable waste to natural fertilizer by giving incentives to interested Dabawenyos. The Davao Thermo Biotech Corporation (DTBC) launched its Yellow Drum Project (YDP) in the last quarter of 2020. The project aims to adopt biodegradable waste management by diverting biodegradable wastes to the […]
The Department of Trade and Industry (DTI), through its financing arm the Small Business Corporation (SBCorp), has approved a total of 21,695 loan applications under the Bayanihan COVID-19 Assistance to Restart Enterprises (CARES) program to provide micro, small, and medium enterprises (MSME) with urgent relief needed to restart their businesses amid the pandemic. “Our efforts […]
To better ensure the sufficient supply of pork products, supermarkets are lending the government a helping hand in the distribution and sale of these food items at their outlets nationwide and in wet markets at the National Capital Region. In his market visits, Metropolitan Manila Development Authority (MMDA) Chairman Benhur Abalos underscored the importance of […]