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Senator Joel Villanueva is calling on the government to also provide assistance to micro, small and medium enterprises (MSMEs), which he said are also suffering from the effectis of the coronavirus pandemic. In a statement, Villanueva expressed concern on the ability of the sector to keep their workers employee during the pandemic. “Just as we […]
Heeding the government’s call to produce more needed Personal Protective Equipment (PPEs) in the country, member-companies of the Confederation of Wearable Exporters of the Philippines (CONWEP) will start the local production of medical-grade PPE coveralls for frontline healthcare workers. “We need to protect our healthcare workers as they are in the frontline of our fight […]
Trade Secretary Ramon Lopez said a gradual lifting of enhanced community quarantine will be recommended to the Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) to ensure that the new norm of social distancing will be observed. During the Laging Handa briefing, Lopez said lifting the community quarantine gradually will allow essential businesses and their […]
To support micro and small businesses affected by the spread of the coronavirus disease 2019 (COVID-19) in the country, the Small Business Corporation (SBC) of the Department of Trade and Industry (DTI) is setting up a P1-billion Enterprise Rehabilitation Financing facility under the “Pondo sa Pagbabago at Pag-asenso” (COVID-19 P3-ERF). The loan facility will be […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez told manufacturers, retailers, and distributors of improved policies and coordination with law enforcers at checkpoints after recognizing the challenges of cargo trucks carrying essential food and non-food materials reportedly being barred at checkpoints due to the enhanced community quarantine (ECQ) in Luzon. “We can expect order […]
Manufacturing facilities allowed to operate during the enhanced community quarantine in Luzon are encouraged to shut down their factories to further limit the movement of people. In a press briefing in Malacañang Palace recently, Trade Secretary Ramon Lopez appealed to factories with one to two months inventory in their warehouses to stop their operations during […]
The Philippine economy will recover from the impact of the coronavirus disease 2019 (COVID-19) pandemic, Trade Secretary Ramon Lopez said. Lopez made the assurance, as he admitted that the rising number of COVID-19 cases in the country is harming the country’s economic growth. “Initially, NEDA (National Economic and Development Authority) has the computation that the impact […]
Trade Secretary Ramon Lopez has assured of adequate food supply during the enhanced community quarantine now being enforced in Luzon as a measure to contain the spread of the coronavirus disease 2019 (COVID-19). Lopez made the assurance after the Philippine Association of Meat Processors Inc. (PAMPI) said that they anticipate a “severe shortage of goods […]
Following the declaration of a state of calamity in the Philippines for six months, the price freeze on basic commodities will be effective until May 15, the Department of Trade and Industry (DTI) said. The price freeze covers all merchants, including those who sell basic goods through the Internet or other media, according to the […]
The government is assuring the public that it is continuously monitoring and addressing issues involving the transport of raw materials needed by meat processors in Luzon which is now under enhanced community quarantine (ECQ) to prevent the spread of the coronavirus disease 2019 (COVID-19). Cabinet Secretary Karlo Nograles on Saturday stressed that measures had already […]