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Government

ENOUGH OXYGEN SUPPLY FOR COVID-19 PATIENTS – DTI

The Department of Trade and Industry (DTI) and the Board of Investments (BOI) assured the general public that oxygen supply in the country is adequate despite growing demand among hospitals and COVID-19 patients. “We have an ample supply of oxygen and we have more than twice buffer capacity in the event of a surge in […]

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Government

MORE INVESTMENTS, TRADE FROM EUROPE SEEN – LOPEZ

The Philippines is eyeing significant investments from Europe, Trade Secretary Ramon Lopez said during a virtual investment roadshow recently, dubbed as “Make It Happen In the Philippines: A Forum on the Philippines’ Role in your Business,” targeting European companies. “It is still a good time to do business in the country despite the pandemic,” Lopez […]

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Government

‘LIBRENG FACE MASK PROJECT’ MAKES 30M MASKS – DTI

The Department of Trade and Industry (DTI) reported that the Free Mask project has produced and delivered 30,808,518 pieces of free cloth washable face masks for the benefit of the “Pantawid Pamilyang Pilipino” Program (4Ps) beneficiaries and other marginalized sectors in COVID-19 high-risk areas. DTI Secretary Ramon Lopez said that the consistent efforts of all […]

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Government

PH, INDIA TAP NEW TRADE, INVESTMENT DEALS – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez pushed for further strengthening of the Philippines and India’s trade and investment relationship during the virtual courtesy call of India Ambassador to the Philippines Shambhu Kumaran recently. Both countries discussed the necessary steps to create more market opportunities and improve their bilateral trade relations. Lopez discussed […]

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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

DTI, DICT, DOST INK PACT FOR INNOVATIVE STARTUP

The Department of Trade and Industry (DTI), Department of Information and Communications Technology (DICT), and the Department of Science and Technology (DOST) issued a Joint Administrative Order (JAO) creating a Steering Committee under Republic Act 11337 or the Innovative Startup. The Steering Committee will provide strategic guidance and oversight in the formulation, implementation, and development […]

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Government

ASEAN PUSHES FOR POST-PANDEMIC ECONOMIC RECOVERY

Economic ministers from the 10 ASEAN Member States (AMS) met through a video conference recently to discuss the implementation of initiatives that will further the region’s post-pandemic economic recovery efforts. As this year’s ASEAN Chair, Brunei Darussalam led the setting of their priority economic deliverables (PEDs). These focus on three strategic thrusts—Recovery, Digitalization, and Sustainability. […]

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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 […]

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Government

PH MANUFACTURING SECTOR REMAINS STEADY – LOPEZ

Fresh off a 25-month high in January, the Philippine manufacturing sector output remained steady in February, according to a survey conducted by IHS Markit.   The Purchasing Manager’s Index (PMI) for the country sustained its figure at 52.5, still above the benchmark of 50 that distinguishes expansion from contraction. IHS Markit said operations inched up […]

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Government

LOPEZ TO MSME: TAKE ADVANTAGE OF REOPENING ECONOMY

Department of Trade and Industry (DTI) Secretary Ramon Lopez called on the 52 graduates comprising of micro, small, and medium enterprises (MSMEs) in the trade agency’s 3A (Accept, Adapt, and Act) Program to scale up as the country gradually reopens the economy in the wake of the COVID-19 pandemic. “You should scale up so as […]