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The Department of Trade and Industry (DTI) reported that business name registration of online businesses boomed from 1,753 in January-March 15 this year–or before the declaration of the community quarantine–to 75,876 as of September 2. Meanwhile, based on the latest data released by the Business Name Registration Division (BNRD) of the DTI, the total number […]
The Philippines continues to prove that it is among the world’s most innovative economies after ranking 50th out of 131 countries in 2020, up from its 54th place last year, as reported in the annual Global Innovation Index (GII). This is the first time that the Philippines has breached the top 50 of the GII, which […]
The reported improvement in the unemployment rate to 10% in July can be mainly attributed to the gradual reopening of the economy starting May, according to Trade Secretary Ramon Lopez of the Department of Trade and Industry (DTI). “The mindset of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) members […]
Union of Local Authorities of the Philippines (ULAP) National President and Quirino Governor Dax Cua urged local government units (LGUs) to support and take advantage of the Department of Trade and Industry’s (DTI) “Buy Local, Go Lokal” campaign, and stressed on Thursday that the initiative, if maximized, could generate employment and create economic opportunities in […]
During the 52nd ASEAN Economic Ministers (AEM) meeting, Trade Secretary Ramon Lopez stressed that the ASEAN’s 2020 theme of “cohesive and responsive” is the formula on how the region can overcome the COVID-19 pandemic. “Let us continue to strengthen effective cross-pillar and cross-sectoral coordination given that the socio-economic impact of the pandemic cuts across sectors,” […]
More than 1.3 million sari-sari stores and market vendors, and an estimated 7 million informal and unregistered home-based microbusinesses stand to boost its additional income through digital transactions and sachet virtual banking services as the Department of Trade and Industry (DTI) and Rizal Commercial Banking Corporation (RCBC) rolled out their partnership for inclusive livelihood and […]
A consumer group called on the Duterte government to maximize the use of local construction materials for its flagship “Build Build Build” program to help sustain jobs for Filipinos amid the coronavirus disease (COVID-19) pandemic. “This should be a priority as long as these local companies are compliant with product standards and labeling plus markings […]
Female entrepreneurs are on the spotlight in the “Gawang Pinay”, an online trade fair that aims to provide market opportunities for products made by women-owned and/or managed enterprises, or those that have predominantly women employees. The Gawang Pinay Online Trade Fair, the first digital market for women-led enterprises in partnership with an e-commerce platform, features […]
The Department of Trade and Industry (DTI) and Department of Labor and Employment (DOLE) issued the Joint Memorandum Circular (JMC) No. 2020-04 or the “DTI and DOLE Supplemental Guidelines on Workplace Prevention and Control of COVID-19” in further efforts to minimize the transmission of the virus in the workplace. “This JMC is a crucial part […]
During the meeting of some Interagency Task Force for the Management of Emerging Infectious Disease (IATF-EID) Cabinet officials with President Rodrigo Duterte recently in Davao City, Trade Secretary Ramon Lopez presented the Department of Trade and Industry (DTI)’s additional response in the fight against COVID-19 pandemic. “We reported to the President that the Philippines now […]