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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 […]
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 […]
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 […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez urged Cebu industry players to be part of reforms in doing business with government by filing complaints and reporting corrupt practices and unfair treatment in all government transactions. “The law is in effect already, which entitles everyone to file a complaint. Your support, through filing proper […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez discussed with the University of the Philippines School of Economics Alumni Association (UPSEAA) the potential of the Philippines (PH) in becoming an artificial intelligence (AI) powerhouse. In his recent talk on PH’s current business climate and industry development initiatives of the DTI, Lopez highlighted the country’s […]
More partnerships and more than $10 million worth of potential sales are expected with the successful holding of an investment forum and business matching sessions on the second day of President Rodrigo Duterte’s visit to Japan. The Philippine Business Forum and Business Matching events were organized by the Department of Trade and Industry (DTI) and […]
The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]
The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]
The Department of Trade and Industry (DTI) remains confident that it is still on track to attain export targets of $122 billion to $130 billion by 2022, even after merchandise export performance declined by 3.1 percent in the first quarter this year. “We expect a positive growth trajectory to set in in the subsequent quarters,” […]
Senate Trade and Commerce Chair Koko Pimentel III on Thursday urged the Department of Trade and Industry (DTI) to take action against wholesalers and retailers who are driving up sugar prices despite the steady mill gate prices of the staple. “For the past several months, the mill gate prices of sugar have been holding steady […]