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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 […]
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 […]
Senator Bong Go said President Rodrigo Duterte’s official visit to Russia has been fruitful so far, with his campaign against terrorism earning praises from Russian President Vladimir Putin who according to the senator, is also willing to give his support. “Naging maayos naman ang pagbisita ng Pangulo. First day sa pagbisita sa Russia, nagpasalamat ang […]
Three Memoranda of Understanding (MOU) were signed between Philippine tuna producers and their Russian counterparts at a business forum attended by President Rodrigo Duterte during his five-day trip to Russia. The MOUs should pave the way for greater business opportunities for the country’s $400 million tuna industry, said Cabinet Secretary Karlo Nograles on Sunday. “As […]
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 […]
The Philippines will continue to push for stronger bilateral business and economic relations with China following the fifth visit of President Rodrigo Duterte to Beijing last month. This was the assurance given by Department of Trade and Industry (DTI) Secretary Ramon Lopez during the PH-China Business Forum, which was attended by a 272-business delegation from […]
Top government economic officials are optimistic that the Philippine economic growth momentum is strong enough to overcome the impact of trade tensions between the United States (US) and China. “There are those things that basically would re-channel some of what would have been export activities to filling up the domestic demand. It’s a good thing […]
The recent Recto Bank incident involving a Chinese vessel and a Philippine fishing boat has no effect on the trade relations between the two countries, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. In a press conference, Lopez said the issue involving the code of conduct in the sea is separate from business […]
President Rodrigo Duterte and Indonesian President Joko Widodo discussed continuous cooperation in securing peace and order, and to jointly fight terrorism, illegal drugs and corruption, Trade Secretary Ramon Lopez said. Duterte and Widodo held a bilateral meeting in Bangkok, Thailand. Lopez did not provide much detail on security issues but added that on the economic […]
Trade Secretary Ramon Lopez highlighted the strong macroeconomic fundamentals and the continuing growth story of the Philippines with South Korean business executives during a high-level roundtable meeting in Seoul. Lopez emphasized the opportunities South Korean companies, particularly in the manufacturing industry, may explore when locating and expanding their operations in the Philippines. The trade chief […]