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Government

DTI, SM LAUNCH CHRISTMAS BAZAAR FOR MSMES – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez emphasized the importance of Micro, Small, and Medium Enterprises (MSMEs) in revitalizing the economy amid the pandemic during the launch of the SM Christmas Market at SM Megamall recently. “The importance of our MSMEs cannot be understated: they account for more than 99% of the total […]

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Government

DTI ISSUES NEW RULES ON CEMENT LABEL – LOPEZ

The Department of Trade and Industry (DTI), through the Bureau of Philippine Standards (BPS), will be issuing a Memorandum Circular (MC) on the Supplemental Guidelines for the Implementation of Department Administrative Order (DAO) 17-06 Series of 2017 or “The New Rules and Regulations Concerning the Mandatory Certification of Portland Cement and Blended Hydraulic Cement with […]

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Government

PH COCONUT PRODUCTS NOW SOLD IN RUSSIA – LOPEZ

Philippine-branded organic coconut products including coconut milk, coconut cream, balsamic sauce, aminos sauces, coconut syrup, coconut oil, and coconut jam are now available in top online retail stores in Russia such as Ozon and Wildberries.   Ten new coconut products of Quezon’s Best, a Philippine manufacturer of organic and Halal- and Kosher-certified coconut products, are […]

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Government

MSMES CAN GET DTI LOAN FOR 13TH MONTH PAY – LOPEZ

Same terms will be applied for small-scale business owners that would like to borrow from the COVID-19 Assistance to Restart Enterprises (CARES) fund for the 13th month pay of their employees, Trade Secretary Ramon Lopez said. This is after Labor Secretary Silvestre Bello III bared that the Department of Trade and Industry (DTI) committed some […]

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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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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

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 […]

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Government

DTI PARTNERS WITH PAYMAYA FOR PCAB’S ONLINE TRANSACTIONS – LOPEZ

PayMaya Philippines, Inc. is now an official partner in automating the transactions of the Philippine Contractors Accreditation Board (PCAB), particularly its pilot on online contractor’s license renewal portal (pcabgovph.com) that serves around 15,000 contractors all over the country.  The service of PayMaya is an additional digital payment option for contractors aside from the existing Land Bank LinkBiz Portal.   The Memorandum of Agreement (MOA) signed by the Department of Trade and Industry, PayMaya, Land […]