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Government

DTI-USAID BOOTCAMP TO HELP WOMEN ENTREPS GO DIGITAL – LOPEZ

The Department of Trade and Industry (DTI) is partnering with USAID, Lead-More, and Havas Ortega to train women entrepreneurs on using digital tools to grow their business. The three-month program will be piloted in Region 4A in April, Iloilo in July, and Cagayan de Oro in October. “In DTI we always say that for every […]

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Government

NOVEL CORONAVIRUS HAS MINIMAL EFFECT ON PH TRADE, ECONOMY – LOPEZ

Trade Secretary Ramon Lopez said the impact of the 2019 novel coronavirus acute respiratory disease (2019-nCoV ARD) in the country’s trade and economic performance is very minimal. Lopez said the country’s overall trade with the province of Hubei province  — which is ground zero of the 2019-nCoV threat — is only 0.9 percent of the total […]

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Government

WE COMMIT 1M FACE MASKS TO THE PUBLIC, 1M FOR THE DOH – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez said there will be 2 million surgical masks available for both health care workers and the public in a month’s time to prevent the spread of the novel coronavirus (2019-nCoV) in the country. During a Senate hearing on the country’s preparedness on the 2019-nCoV threat, Lopez […]

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Government

LONE PH MASK MANUFACTURER TO PRODUCE 2M PIECES A MONTH – LOPEZ

The lone manufacturer of surgical masks in the country has committed to the Department of Trade and Industry (DTI) the production of 2 million masks per month, DTI Secretary Ramon Lopez said. Lopez said Medtecs International Corp. Ltd. has pledged to supply this week 100,000 pieces of surgical masks and 400,000 per week thereafter, as […]

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Government

SHORTAGE OF FACE MASK ONLY TEMPORARY – LOPEZ

With the sudden surge in demand for face masks following the first confirmed 2019 novel coronavirus (2019-nCov) in the country, Department of Trade and Industry (DTI) Secretary Ramon Lopez said the supply shortage is temporary. “Shortage is due to the sudden jump in demand that even their reordered stocks got wiped out immediately,” Lopez said. […]

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Government

PH REMAINS OPEN TO US, EU FREE TRADE DEALS – LOPEZ

The Philippines remains open to move forward discussions on possible separate free trade agreements (FTAs) with the United States and the European Union (EU) after talks have recently slowed down, the country’s top trade official said. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the Philippines is still interested in pursuing possible FTAs with […]

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Government

DTI TO GIVE LIVELIHOOD ASSISTANCE TO TAAL-AFFECTED ENTREPRENEURS – LOPEZ

Trade Secretary Ramon Lopez said his department is preparing livelihood assistance to help entrepreneurs affected by the Taal Volcano eruption.Lopez said the Department of Trade and Industry (DTI) aims to disburse P50 million worth of micro finance facilities under the Pondo sa Pagbabago at Pag-asenso, or the P3 Program. “We are preparing for livelihood assistance […]

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Government

BRING N95 MASK SUPPLIES FROM VISAYAS, MINDANAO TO LUZON – LOPEZ

The Department of Trade and Industry (DTI) has urged local suppliers and major drug stores to immediately restock N95 masks in Luzon, particularly in Region 4-A and Metro Manila, which are heavily affected by the ashfall from the erupting Taal Volcano in Batangas. Among the actions suggested by DTI is to bring N95 masks supplies […]

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Government

DTI TO LIMIT SALES OF FACE MASKS PER CUSTOMER – LOPEZ

Trade Secretary Ramon Lopez said his department will suggest to retailers that sales of face masks be limited per customer as demand for these have surged following the eruption of Taal Volcano on Sunday. Social media users posted that N95 masks have immediately gone out of stock in some stores in Bambang in Manila which […]

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Government

HALAL A GOOD BUSINESS VENTURE FOR 2020 – LOPEZ

For those looking for businesses ideas in 2020, Department of Trade and Industry (DTI) Secretary Ramon Lopez is suggesting a venture into the Halal market. Lopez is also the Chairperson of the Halal Export Development and Promotion Board, a policy-making body composed of public and private sector representatives. “There is big potential in Halal in […]