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Government

TRANSLATE PRICE TAGS TO ENGLISH OR FILIPINO – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez recently signed Department Administrative Order (DAO) No. 19-09, Series of 2019, which mandates the translation of signages, billboards, advertisements, brochures, flyers, notices, advisories, labels, price tags/lists, menus, receipts, and other business marketing materials to English and/or Filipino. The policy move was prompted by the surprise inspection […]

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Government

DTI EXPANDS SHOEMAKING SHARED SERVICE FACILITY IN DAVAO – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez recently launched the expanded shared service facility of the Ateneo Shoe Academy (ASA), a shared service facility (SSF) project of DTI-Davao City Field Office in partnership with the Ateneo de Davao University as cooperator to benefit out-of-school youth, persons with disabilities (PWDs), youth in the marginalized […]

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Government

PH TO INCREASE TRADE, INVESTMENT TIES WITH FRANCE – LOPEZ

The French and Philippine governments concluded the 8th Philippines-France Joint Economic Commission (JEC) meeting in Manila, agreeing to come up with more exchanges to increase trade and investment ties as well as boost development cooperation. “The two nations have opened new inroads.”  In the latest JEC meet, the two nations have opened “new inroads” as […]

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Government

DUTERTE TO THAI BUSINESSMEN: INVEST IN NEW PHILIPPINE INDUSTRIAL DESTINATIONS

The Department of Trade and Industry (DTI) organized a courtesy call for 20 Thai executives with President Rodrigo Roa Duterte to encourage Thai investments in the Philippines. These executives are from the agro-industry, banking, cement, chemical, food, energy, real estate and tourism sectors. Some of them represent private sector organizations, namely the Thailand-Philippines Business Council, […]

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Government

GOVT SHOULD PUSH FOR PROGRAM TO ATTRACT INVESTORS IN E-VEHICLE INDUSTRY – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez said that for the Philippines to be a production hub of electric vehicle (EV) in the future, government should work on a special program that will attract investors in the different stages of the value chain in the EV industry. The special program can also boost […]

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Government

LOPEZ TO KOREAN BUSINESSMEN: INCREASE INVESTMENTS IN THE PHILIPPINES

Trade and Industry Secretary Ramon Lopez encouraged Korean businessmen to increase investments in the Philippines and take advantage of robust domestic growth, especially now that a free trade deal is in the offing. In his speech during the launch of the Korea-Asean FTA Support Center in Makati City, Lopez said the free trade agreement (FTA) […]

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Government

RECTO BANK INCIDENT HAS NO EFFECT ON PH-CHINA TRADE RELATIONS – LOPEZ

The recent Recto Bank incident involving a Chinese vessel and a Philippine fishing boat has no effect on the trade relations between the two countries, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. In a press conference, Lopez said the issue involving the code of conduct in the sea is separate from business […]

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Government

LOPEZ TO CHINA COMPANIES: THIS IS BEST TIME TO INVEST IN THE PHILIPPINES

To ensure the implementation of the iron processing plant project signed during the China visit of President Rodrigo Duterte last April, Department of Trade and Industry (DTI) Secretary Ramon Lopez engaged with Chinese investor group to discuss the details of their expansions as well as the menu of incentives provided by the Philippine government. In […]

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Government

DTI, MONSOON SIGN PARTNERSHIP TO FACILITATE EASE OF DOING BUSINESS IN PH – LOPEZ

The Department of Trade and Industry (DTI) and Monsoon Blockchain Storage Inc., a U.S.-based company that provides blockchain-based cloud data storage optimization service, signed a Memorandum of Agreement (MOA) recently that will enhance capacity building and institutional development on the effective use of blockchain technology in the Philippines. The partnership, signed by Trade Secretary Ramon Lopez and Monsoon Blockchain […]