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The Department of Trade and Industry (DTI) has completed the assessment and validation of notifications for price adjustments filed by certain manufacturers in the Coffee and Salt categories of the basic necessities with suggested retail prices (SRPs). Price adjustments have been approved for 3 of 13 stock-keeping units (SKUs) of coffee and 6 of 19 SKUs of […]
Shoring up the promotion of locally-developed biofertilizer products and technologies in the Philippines, the Board of Investments (BOI) discussed with AgriSpecialist, Inc. (ASI) possible strategic collaborations in the commercialization of the country’s biofertilizer industry. Director Raquel Echague of the BOI’s Resource-Based Industries Service (RBIS) and Mario Labadan, Jr., President of AgriSpecialist, Inc., talked about the […]
Renewing its commitment to the economic recovery initiatives of President Ferdinand Marcos Jr., Department of Trade and Industry (DTI) Secretary Fred Pascual laid down the major milestones achieved by the Department throughout the year in areas of trade expansion, investment promotion, business climate competitiveness, workforce upskilling, and digital transformation for micro, small, and medium enterprises (MSMEs), […]
The Department of Trade and Industry (DTI) successfully carried out its heightened enforcement of technical regulations, resulting in the confiscation of uncertified fireworks in Bocaue, Bulacan. During the enforcement operations, four out of the 33 inspected retail firms were issued with Notices of Violation (NOV) for selling fireworks not covered by the Philippine Standard (PS) license and […]
The Department of Trade and Industry-Fair Trade Enforcement Bureau (DTI-FTEB) reminds the public to be vigilant especially the Overseas Filipinos (OFs) and Overseas Filipino Workers (OFWs) when sending their balikbayan boxes this coming holiday season as influx of shipments is expected. The FTEB implements the accreditation of seafreight forwarders (SFF) as part of its […]
Department of Trade and Industry Secretary Fred Pascual reported to President Ferdinand Marcos Jr. the P14.5 billion investments gathered from various Japanese companies during the pledges update and new agreements event held at the sidelines of the ASEAN-Japan 50th year Commemorative Summit 2023. Pascual highlighted that the newly signed agreements and pledge updates will generate a […]
Department of Trade and Industry (DTI) Secretary Fred Pascual advanced mutually beneficial economic collaborations between the Philippines and Japan at the ASEAN-Japan Economic Co-Creation held at the Roppongi Academy Hills recently. Pascual presented the Philippines as a robust economic partner, citing its young workforce equipped with skills for the industry 4.0 economy. The trade chief […]
President Ferdinand Marcos Jr. has signed R.A 11967 titled “An Act Protecting Consumers and Merchants Engaged in lnternet Transactions, creating for this purpose the Electronic Commerce Bureau,” otherwise known as the Internet Transactions Act (ITA). The new law aims to boost and safeguard e-commerce transactions in the country and is a part of the administration’s legislative […]
Department of Trade and Industry (DTI) Secretary Fred Pascual underscored the Department’s commitment to securing investments that advance President Ferdinand Marcos Jr.’s eight-point socio economic agenda, during the signing of the investment agreement between the National Development Company (NDC) and the Davao Thermo Biotech Corporation (DTBC) held in Matina Aplaya, Davao City. Pascual emphasized that […]
Senator Mark Villar, as the Chairman of the Senate Committee on Trade, Commerce, and Entrepreneurship, joined DTI in their price monitoring activity of Noche Buena items in one of the grocery stores in Divisoria. “Ngayong malapit na po ang kapaskuhan, kailangan na mas mahigpit ang ating monitoring ng mga presyo ng produkto upang masigurado na magiging […]