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The 1st Virtual National Trade Fair was officially opened recently through an online ceremony. Attendees from remote locations witnessed the event on the website virtualnationaltradefair.dti.gov.ph and on social media channels. From January 27 to February 2, 2021, the Virtual National Trade Fair will be accessible online 24/7. In his keynote address, Department of Trade and Industry (DTI) Secretary […]
Cabinet Secretary Karlo Nograles, head of the government’s Zero Hunger Task Force, led the holding of a strategic planning session with private sector stakeholders and organizers of Pilipinas Kontra Gutom (PKG) to concretize linkages and programs aimed at addressing hunger and malnutrition among Filipino children. The session was attended by representatives of member agencies of […]
The Department of Trade and Industry (DTI) welcomed efforts to remove the economic restrictions in the Constitution, stressing the move will help unleash the economic potential of the Philippines, the second-fastest growing economy in Southeast Asia. At the continuation of the public hearing of the House Committee on Constitutional Amendments on Resolution of Both Houses […]
Rizal 2nd District Rep. Fidel Nograles has welcomed the Supreme Court’s (SC) move to address the continuing attacks against members of the law profession, with 56 law practitioners killed since 2016. The 56th casualty, lawyer Winston Intong, was gunned down near his house in Malaybalay, Bukidnon last week, a day after the SC, Department of […]
Trade Secretary Ramon Lopez emphasized the need for provisional safeguard measures on the auto industry following news that Nissan Philippines will be shutting its operations. Nissan recently informed the Department of Trade and Industry (DTI) that Nissan will cease assembling its Almera model in the country in line with the group’s global plan to optimize […]
President Rodrigo Duterte has issued Executive Order (EO) No. 123 that retains the 5% tariff rate on imported mechanically deboned meat (MDM) instead of increasing it to 40%. The retention of the 5% MDM tariff prevents any huge price increase in the processed and canned meat products, the Department of Trade and Industry (DTI) said. […]
The Department of Trade and Industry (DTI), in partnership with the Department of Agriculture (DA), has filed charges against 60 traders who violated the Republic Act 7581 or the Price Act. DTI Secretary Ramon Lopez said the two agencies have been partnering with each other to bust profiteering groups taking advantage of the many restrictions […]
Trade Secretary Ramon Lopez highlighted the legislative plans of the Department of Trade and Industry (DTI) to cement closer collaboration with the Lone District of Navotas Representative John Reynald Tiangco, the new House Chair of the Committee on Trade and Industry, as they held their first virtual meeting recently. Lopez requested for the assistance of […]
The Board of Investments (BOI) and its partner industry stakeholders recently launched the Cold Chain Industry Roadmap, expecting to flourish as it plays a critical role in maintaining the safety and efficacy of the COVID-19 vaccines. The Cold Chain Industry Roadmap lays down the blueprint for industry expansion towards the “new normal” adept in coping […]
Trade Secretary Ramon Lopez expressed confidence in a more optimistic business outlook for 2021 in reaction to the latest Social Weather Stations (SWS) report of the November 2020 Net Economic Optimism. The report, conducted from 21 to 25 November, indicated that 42% of Filipinos expect the local economy in better shape in the next 12 […]