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Government

DTI, JOLLIBEE PARTNER FOR #FLEXPHRIDAYS CAMPAIGN

The Department of Trade and Industry (DTI) named the country’s leading fast-food chain, Jollibee, its new campaign partner for its #FlexPHridays national advocacy campaign, an offshoot of the Buy Local, Go Lokal! campaign, which is a brainchild of Trade Secretary Ramon Lopez. “The DTI’s Go Lokal! national advocacy campaign—through #FlexPHridays—has been integral to the Department’s whole-of-society initiative to promote […]

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Government

PH STARTUP ECOSYSTEM VALUE UP AT $2.1B – LOPEZ

The pandemic transformed the Philippine startup ecosystem and served as a catalyst which compelled the country to rapidly innovate and adopt new technologies. This was one of the findings revealed in the Global Startup Ecosystem Report (GSER) 2022 during the London Tech Week in San Francisco, California. According to the report, the pandemic led to […]

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Government

DTI HOLDS INNOVATION CONFERENCE FOR STATE SCHOOLS

The Department of Trade and Industry – Competitiveness Bureau (DTI-CB) held the 6th Inclusive Innovation Conference (ICC) at the Batangas State University recently with the theme, “Leadership in Innovation: Key to Sustained Competitiveness and Economic Growth”. With the rapid adoption of technology and the rise of tech-centric programs, the IIC 2022 aimed to define the […]

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Government

DUTERTE’S FRANCHISING EO TO PROTECT MSMES – LOPEZ

Following the issuance by President Rodrigo Duterte of Executive Order No. 169 “Strengthening the Franchising Industry for the Protection of Micro, Small and Medium Enterprises (MSMEs)”, Department of Trade and Industry (DTI) Secretary Ramon Lopez ensured that in promoting entrepreneurship and franchising as tried and tested business models for aspiring MSMEs. “We have to protect […]

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Government

INDONESIAN METAVERSE COMPANY TO INVEST $20M IN PH

The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta met PT WIR Asia, TBK to discuss a plan by an Indonesia company active in the metaverse and augmented reality to deploy one of its subsidiaries in the Philippines with an initial projected investment of $20 million for […]

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Government

DTI ISSUES NEW SRP FOR BASIC ITEMS, PRIME GOODS

The Department of Trade and Industry (DTI) issued the new Suggested Retail Prices (SRP) for basic necessities and prime commodities. The price guide of 218 SKUs under DTI’s jurisdiction was published in the Philippine Star on 11 May 2022. 136 Stock Keeping Units (SKUs) or 62% retained their 27 January 2022 SRP Bulletin prices, while […]

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Government

PH EXPORTS HIT $19.4B IN Q1 2022 – LOPEZ

Philippine exports hit the highest quarterly record in the last six years at $19.4B in the first quarter of 2022, increasing by 9.8% as compared to the same period last year based on the preliminary data from the Philippine Statistics Authority (PSA). From 2017 to 2020, first-quarter export levels hovered around $16B. This record was […]

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Government

ANTHEM TO EXPAND INVESTMENTS IN PH – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez discussed the preparations for the expansion of a leading New York-based IT-BPM in the healthcare sector, Anthem, Inc., with its Diversified Business Group COO Rajat Puri and Strategic Operations Head Stella Aquino.  Lopez reaffirmed the country’s continuing advantages as an Information Technology-Business Process Outsourcing (BPO) investment […]

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Government

DTI TO FAST TRACK SPACEX PH OFFICE – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez reaffirmed the Philippine government’s support for the establishment of SpaceX in the country. SpaceX is setting up a business entity that will provide internet service through low earth orbit (LEO) satellites and is targeting to launch the first gateway for their satellites before the end of […]

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Government

DTI SEES PH E-COMMERCE SECTOR GROWTH, MORE JOBS

Good news for job hunters. According to a study conducted by the Department of Trade and Industry (DTI), 75% of HR practitioners interviewed say that the e-commerce sector is thriving and there is a need to hire additional talents. An 86.7% E-commerce Job Outlook Index (EJI) was also recorded for the first time in this […]