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Government

DTI, NESTLE INK DEAL TO AID COFFEE FARMERS – LOPEZ

The Department of Trade and Industry (DTI) has signed a memorandum of understanding (MOU) with Nestlé Philippines for assistance in implementing the Rural Agro-Enterprise Partnership for Inclusive Development and Growth (RAPID Growth) Project for the benefit of the country’s coffee farmers. DTI and Nestlé Philippines will collaborate to increase the incomes of smallholder coffee farmers […]

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Government

DTI: ONLINE CELEBRATION OF CONSUMER WELFARE MONTH

The Department of Trade and Industry, through its Consumer Protection Group (DTI-CPG), continues its annual celebration of Consumer Welfare Month (CWM) this October with most of the activities done virtually because of the community quarantine.   “This year’s theme is ‘Sustainable Consumer in the New Normal,’ which calls for a change in consumer behavior and […]

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Politics

PIMENTEL: CREATE ONLINE SHOPPING PLATFORM FOR PH PRODUCTS

Senator Koko Pimentel III is urging the Department of Trade and Industry (DTI) to develop in-house an online shopping platform for Philippine-made or Philippine-grown products and help micro, small, and medium enterprises (MSMEs) amid the coronavirus disease (COVID-19) pandemic. Acknowledging the use of digital technology as the new normal, Pimentel is pushing for a Filipino-made selling […]

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Government

PH APPLIES NEW TRADE SCHEME WITHIN ASEAN – LOPEZ

The Philippines, together with the other nine ASEAN (Association of South East Asian Nations) member states has begun to implement the ASEAN-Wide Self-Certification Scheme (AWSC) starting 20 September 2020.   The AWSC simplifies and streamlines origin certification procedure to claim and be granted lower duties or, in most cases, duty-free treatment when using the ASEAN […]

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Government

BAMBOO INDUSTRY GIVES FILIPINOS JOBS – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez, together with the Philippine Bamboo Industry Council (PBIC), marked the celebration of World Bamboo Day with a bamboo planting activity at the House of Representatives recently to highlight the need to increase the number of bamboo to support the requirements of the producers of bamboo-based goods. […]

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Government

FRANCE CAN BE PH PARTNER IN POST-COVID-19 REBUILD

Reducing trade deficit. Improving value creation. Increasing backward and forward linkages. Modernizing Philippine industries. Department of Trade Industry (DTI) Secretary Ramon Lopez underscored these four key goals of the REBUILD PH Program, when he digitally addressed from Manila, top French business executives of MEDEF (Mouvement des entreprises de France, or the Movement of the Enterprises […]

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Government

NEW SUMITOMO FACTORY TO PUSH PH INNOVATION – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez said the recent groundbreaking of a Sumitomo Wiring System factory in Binalonan, Pangasinan will support the Philippines’ push for greater innovation in its industries.   The new Sumitomo Wiring Systems, Ltd. factory, a subsidiary of Sumitomo Electric, will be located in the North Luzon Aero Industrial […]

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Government

OVER 75K ONLINE BUSINESSES REGISTER DURING QUARANTINE – LOPEZ

The Department of Trade and Industry (DTI) reported that business name registration of online businesses boomed from 1,753 in January-March 15 this year–or before the declaration of the community quarantine–to 75,876 as of September 2.  Meanwhile, based on the latest data released by the Business Name Registration Division (BNRD) of the DTI, the total number […]

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Government

PH STILL AMONG WORLD’S MOST INNOVATIVE ECONOMIES – LOPEZ

The Philippines continues to prove that it is among the world’s most innovative economies after ranking 50th out of 131 countries in 2020, up from its 54th place last year, as reported in the annual Global Innovation Index (GII). This is the first time that the Philippines has breached the top 50 of the GII, which […]

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Government

GRADUAL REOPENING OF ECONOMY AIDS LOWER UNEMPLOYMENT RATE – LOPEZ

The reported improvement in the unemployment rate to 10% in July can be mainly attributed to the gradual reopening of the economy starting May, according to Trade Secretary Ramon Lopez of the Department of Trade and Industry (DTI).   “The mindset of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) members […]