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Trade Secretary Ramon Lopez said the impact of the 2019 novel coronavirus acute respiratory disease (2019-nCoV ARD) in the country’s trade and economic performance is very minimal. Lopez said the country’s overall trade with the province of Hubei province — which is ground zero of the 2019-nCoV threat — is only 0.9 percent of the total […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez said there will be 2 million surgical masks available for both health care workers and the public in a month’s time to prevent the spread of the novel coronavirus (2019-nCoV) in the country. During a Senate hearing on the country’s preparedness on the 2019-nCoV threat, Lopez […]
The lone manufacturer of surgical masks in the country has committed to the Department of Trade and Industry (DTI) the production of 2 million masks per month, DTI Secretary Ramon Lopez said. Lopez said Medtecs International Corp. Ltd. has pledged to supply this week 100,000 pieces of surgical masks and 400,000 per week thereafter, as […]
With the sudden surge in demand for face masks following the first confirmed 2019 novel coronavirus (2019-nCov) in the country, Department of Trade and Industry (DTI) Secretary Ramon Lopez said the supply shortage is temporary. “Shortage is due to the sudden jump in demand that even their reordered stocks got wiped out immediately,” Lopez said. […]
The Philippines remains open to move forward discussions on possible separate free trade agreements (FTAs) with the United States and the European Union (EU) after talks have recently slowed down, the country’s top trade official said. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the Philippines is still interested in pursuing possible FTAs with […]
The Department of Tourism (DOT) has earmarked a total of P340.7 million for Iloilo’s tourism infrastructure development through the Tourism Infrastructure and Enterprise Zone Authority (TIEZA). “TIEZA made sure that the Province of Iloilo will have our steadfast support in terms of tourism infrastructure development, and has allocated a total of P 340.7 million for […]
The Department of Trade and Industry (DTI) confiscated appliances from two supermarkets during an inspection in Batangas City. The appliances included light bulbs, rice cookers, electric kettles, and induction cookers that do not have Philippine Standard (PS) marks or Import Commodity Clearance (ICC) stickers for imported products. “When buying electric products, consumers should always check […]
A medical supplies manufacturer has assured the Department of Trade and Industry (DTI) of deliveries of N95 face masks from abroad. The DTI said the mother company of Medtecs International Corp. Ltd abroad will be supplying 400,000 pieces of FFP2-N95 masks that are set to arrive next week. “N95 face masks will be made available […]
The Philippine Bamboo Industry Council (PBIC) is looking into converting at least 19,000 hectares of land nationwide into a bamboo plantation this year, the Department of Trade and Industry (DTI) said. The largest land conversion will be in Region 6 (Western Visayas) with 13,000 hectares of land eyed for bamboo plantation. DTI Secretary and PBIC chairman […]
The Department of Trade and Industry (DTI) has urged local suppliers and major drug stores to immediately restock N95 masks in Luzon, particularly in Region 4-A and Metro Manila, which are heavily affected by the ashfall from the erupting Taal Volcano in Batangas. Among the actions suggested by DTI is to bring N95 masks supplies […]