IKOT.PH
President Ferdinand Marcos Jr. has signed R.A 11967 titled “An Act Protecting Consumers and Merchants Engaged in lnternet Transactions, creating for this purpose the Electronic Commerce Bureau,” otherwise known as the Internet Transactions Act (ITA). The new law aims to boost and safeguard e-commerce transactions in the country and is a part of the administration’s legislative […]
Department of Trade and Industry (DTI) Secretary Fred Pascual underscored the Department’s commitment to securing investments that advance President Ferdinand Marcos Jr.’s eight-point socio economic agenda, during the signing of the investment agreement between the National Development Company (NDC) and the Davao Thermo Biotech Corporation (DTBC) held in Matina Aplaya, Davao City. Pascual emphasized that […]
In celebration of Consumer Welfare Month (CWM), the Department of Trade and Industry (DTI) conducted a ceremonial destruction of 1130 pieces of forfeited monobloc chairs and stools at the Fair-Trade Enforcement Bureau (FTEB) grounds. This destruction followed the signing of a deed of donation to the Local Government Unit (LGU) of the City of Manila, […]
Department of Trade and Industry (DTI) Secretary Fred Pascual stressed the significance of digital transformation to advance the development of Philippine enterprise during the Franchise Asia Philippines (FAPHL). Pascual also emphasized the vital role of the franchising sector as a tool to advance the country’s economic growth in the event held at SMX Convention Center. […]
Department of Trade and Industry (DTI) Secretary Fred Pascual signed a Memorandum of Understanding (MOU) with DK P.O. Fulfillment Company, Inc. (DKPO), a non-interest financing service to address the development of the Halal industry in the country, particularly for micro, small, and medium enterprises (MSMEs). Pascual emphasized that the development of the Halal industry is […]
With the aim of stabilizing market prices of basic necessities and prime commodities (BNPCs) and establishing safeguards against unjustified price increases, Trade Secretary Fred Pascual, Chairperson of the National Price Coordinating Council (NPCC), convened the Council recently. Republic Act No. 7581, or the Price Act, was formulated to protect consumers by stabilizing the prices of […]
As Board Chairman of the Philippine Economic Zone Authority (PEZA), Trade Secretary Fred Pascual praised PEZA’s top-performing economic zone developer and locator companies during the Investors’ Recognition Day recently. In its 27th year, PEZA serves as a primary government agency that handles investment promotion in the export industry and ecozone developments in the country. The Authority […]
Trade Secretary Fred Pascual steered the pilot run of “Ikot Palengke,” to ensure that the Marikina City public market and supermarkets in the vicinity uphold fair trading and consumer protection amidst inflation and other unprecedented economic factors. Tagged with the theme, “Tamang Timbang, Tamang Presyo Para sa Mamimiling Pilipino,” Pascual heads the monitoring task force of the […]
Trade Secretary Fred Pascual encouraged German companies to invest in the Philippines during a meeting organized by the German Federal Ministry of Economic Affairs and Climate Action in collaboration with the Asia-Pacific Committee of German Business and DTI-Berlin. In his remarks before a combined delegation from both government and the private sector led by Federal […]
Secretary Fred Pascual met with members of the US-APEC Business Coalition during his recent trip to Bangkok, Thailand to attend the 33rd APEC Economic Leaders’ Week. The meeting discussed, among others, the Philippines’ priorities and programs to encourage more foreign investments and boost economic growth. Pascual recognized that the United States remains among the top […]