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As part of its ongoing commitment to help the country towards economic recovery, the Department of Trade and Industry (DTI) and Google launched “MSME Caravan Mondays”, a series of free digital upskilling training sessions for micro, small, and medium enterprises (MSMEs). Initially presented in February 2020 in partnership with the DTI, MSME Caravan is a […]
Fresh off a 25-month high in January, the Philippine manufacturing sector output remained steady in February, according to a survey conducted by IHS Markit. The Purchasing Manager’s Index (PMI) for the country sustained its figure at 52.5, still above the benchmark of 50 that distinguishes expansion from contraction. IHS Markit said operations inched up […]
“Law enforcement officials should keep in mind that they should be waging a war on drugs, not a war on each other.” This was the sentiment expressed by Deputy Speaker and Manila 6th District Rep. Benny Abante Jr. on Wednesday as he called on the leadership of the Philippine National Police (PNP) and Philippine Drug […]
Cabinet Secretary Karlo Nograles led the turn over ceremony of completed housing units to beneficiaries in Pontevedra, Capiz last Tuesday, February 23, 2021 in coordination with Task Force Yolanda, the National Housing Authority and LGU officials. The distribution, the 22nd virtual turnover of housing units, was made under the Yolanda Permanent Housing Project. Nograles heads […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez called on the 52 graduates comprising of micro, small, and medium enterprises (MSMEs) in the trade agency’s 3A (Accept, Adapt, and Act) Program to scale up as the country gradually reopens the economy in the wake of the COVID-19 pandemic. “You should scale up so as […]
A Filipino company based in Davao City has promoted the conversion of biodegradable waste to natural fertilizer by giving incentives to interested Dabawenyos. The Davao Thermo Biotech Corporation (DTBC) launched its Yellow Drum Project (YDP) in the last quarter of 2020. The project aims to adopt biodegradable waste management by diverting biodegradable wastes to the […]
The Department of Trade and Industry (DTI), through its financing arm the Small Business Corporation (SBCorp), has approved a total of 21,695 loan applications under the Bayanihan COVID-19 Assistance to Restart Enterprises (CARES) program to provide micro, small, and medium enterprises (MSME) with urgent relief needed to restart their businesses amid the pandemic. “Our efforts […]
The National Employment Recovery Strategy (NERS) Task Force chaired by the Department of Trade and Industry (DTI) and co-chaired by the Department of Labor and Employment (DOLE) and the Technical Education and Skills Development Authority (TESDA), which was signed recently by several agencies, will be given a big boost by the bicameral approval of the […]
Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairperson Ramon Lopez announced a P1.25T project approval target for the agency in 2021, following total approved investments of P1.02T last year. “We are working hard for a V-shaped Philippine economic recovery in 2021 and are hence targeting the original 2020 pre-pandemic goal for […]
The Philippine Manufacturing Purchasing Managers’ Index (PMI) increased from 49.2 in December 2020 to 52.5 in January 2021, posting above the 50.0 neutral mark separating expansion from contraction. January PMI data is the highest in 25 months, even prior to the pandemic, signaling improving manufacturing conditions and indicating the start of recovery of the sector. […]