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Politics

VILLAFUERTE: SPEED UP DIGITALIZATION OF MSMES

Camarines Sur Representative LRay Villafuerte has called on the Department of Trade and Industry (DTI) to do a far better job of implementing or scaling up its programs designed to assist micro, small and medium enterprises (MSMEs) in migrating to digitalization amid the emerging new economy touched off by the COVID-19 pandemic. Villafuerte said digitalization will […]

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Politics

SENATE RATIFIES RETAIL TRADE ACT AMENDMENTS

The Senate ratified the bicameral conference committee report for the amendments to the Retail Trade Liberalization Act. The bill seeks to lower the capitalization requirement for foreign retailers from $2.5 million to $500,000, or roughly from P125 million to P25 million. This is in order to attract more foreign direct investments into the country, thereby […]

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Government

PH, SG TO EXPLORE JOINT MSME DIGITALIZATION – DTI

In the virtual courtesy call of Singapore Trade Minister Gan Kim Yong to Department of Trade and Industry (DTI) Secretary Ramon Lopez, the two officials talked about further strengthening the Philippines and Singapore’s partnership in digitalizing micro, small, and medium enterprises (MSMEs). Both recognized the surge of e-commerce during the COVID-19 pandemic and its significant […]

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Politics

GENSAN HOLDS TRADE FAIR FOR SMALL BIZ — RIVERA

The city government of General Santos has opened a week-long trade fair to promote various products of homegrown micro, small and medium enterprises (MSMEs). General Santos City Mayor Ronnel Rivera said the activity, which will run until July 19 at the Robinsons mall atrium, is mainly aimed to encourage consumers to patronize local produce and […]

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Politics

PREVENT MORE JOB LOSS, AID SMALL BIZ – GATCHALIAN

Senator Win Gatchalian said the government should exhaust all means to provide relief to pandemic-hit small businesses and put them back on track to prevent further job loss. Gatchalian is bent on pushing for the legislation of allowing micro, small, and medium enterprises (MSMEs) by further lowering the costs of borrowing to encourage them to […]

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Government

NAT’L ARTS AND CRAFTS FAIR GOES ONLINE – LOPEZ

The Department of Trade and Industry (DTI) has launched the National Arts and Crafts Fair (NACF) Artisanal Shop to help micro, small, and medium enterprises (MSMEs) and Indigenous People (IPs) market their artisanal products online amid the COVID-19 pandemic. The NACF Artisanal Shop is being launched through the DTI’s Bureau of Domestic Trade Promotion (DTI-BDTP) […]

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Government

DUTERTE SIGNS CREATE ACT INTO LAW – LOPEZ

The Department of Trade and Industry (DTI) and the Board of Investments (BOI) hailed the signing of the landmark Republic Act. No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by President Rodrigo Duterte after it passed both Houses of Congress recently. “We thank President Rodrigo Roa Duterte and the Congress […]

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Politics

CREATE TO KEEP COVID-HIT BUSINESSES AFLOAT

Camarines Sur Rep. LRay Villafuerte welcomed the signing into law by President Duterte of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act as this measure will help keep businesses afloat, most especially the micro, small and medium enterprises (MSMEs), and allow them to retain their workers or even hire new ones while the country […]

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Food, Health & Fitness

THE SECRET OF FOREST HOUSE

Once in a while you experience a restaurant and you just keep on coming back for more. More of the delectable food. More of the exquisite ambience. More of the intimate service. It is not only the place; it is also the feeling that you get by just being there. Indeed, this is how Forest […]

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Government

WOMEN ENTREPS VITAL TO PANDEMIC RECOVERY – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez highlighted the important role of women entrepreneurs especially as the country pushes for post-coronavirus economic recovery.  In celebration of International Women’s Day, the DTI paid tribute to women-led micro, small and medium entrepreneurs (MSMEs) during the virtual graduation ceremony for the 3A program which stands for […]