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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 […]

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Government

DUTERTE APPROVES DTI’S PROPOSED ‘DOING BUSINESS’ REFORMS – PANELO

President Rodrigo Duterte has approved the Department of Trade and Industry’s (DTI) proposed regulatory reforms to further improve the country’s business climate, Malacañang said. Duterte gave his nod during the 44th meeting with his Cabinet at Malacañan Palace, Presidential Spokesperson Salvador Panelo said. Panelo said the President approved the suggestions raised by Trade Secretary Ramon […]

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Government

PH-INDIA RELATIONS TO OPEN MORE MARKET ACCESS TO PRODUCTS – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez underscored the deepening trade and investment relations between the Philippines and India after Indian President Ram Nath Kovind conveyed his country’s interest to participate in the Philippine growth story. During the recent ASEAN-India Business Summit Gala, Kovind and Lopez expressed optimism on the growth of economic […]

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Government

PHILIPPINES EYES MORE REFORMS IN DOING BUSINESS – LOPEZ

The Philippines is now one of the top 100 most competitive countries in the world for doing business as it has implemented more regulatory reforms to improve its business climate. The World Bank recently released its Doing Business 2020 report indicating the Philippines’ sharp improvement of 29 notches in the global rankings of the ease […]

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Government

RUSSIAN BUSINESSES KEEN ON EXPANDING OPERATIONS IN PH – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez revealed that Russian businesses are keen on expanding their operations to the Philippines. During a meeting with Russian Deputy Minister of Industry and Trade Aleksey Gruzdev and delegation of Russian business executives recently, Lopez shared the Philippines’ priority industries that Russia can participate in. Lopez highlighted […]

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Government

DTI, E-PAYMENT PROVIDERS INK PACT TO EASE BUSINESS TRANSACTIONS – LOPEZ

It is now easier and more convenient for Filipinos to register and renew business names as the Department of Trade and Industry (DTI) partners with digital payment service providers. “(Now), there is no need (for the entrepreneurs) to take a leave of absence, or to commute just to pay for business transactions,” said National Treasurer […]