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Exports by the Philippines reached a record-high of $70.3 billion in 2019 from $69.3 last year despite external headwinds from the global trade policy uncertainties, geopolitical tensions, and country-specific challenges, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. “The relatively strong export performance of the Philippines transpired amid DTI’s strong efforts in attracting […]
The Department of Trade and Industry (DTI) is partnering with USAID, Lead-More, and Havas Ortega to train women entrepreneurs on using digital tools to grow their business. The three-month program will be piloted in Region 4A in April, Iloilo in July, and Cagayan de Oro in October. “In DTI we always say that for every […]
The Department of Trade and Industry (DTI) was able to get the partial supply of N-88 face masks from Medtecs, the lone local manufacturer from Bataan. With the assistance of the Philippine International Trading Corporation (PITC), the DTI bought 125,000 pieces of N-88 masks. Of these, 70,000 pieces were delivered and immediately donated to the […]
Government and private sector stakeholders converged to support the bamboo industry during the Philippine Bamboo Industry Development Council (PBDIC) meeting. As Chair of the Bamboo industry council, Department of Trade and Industry (DTI) Secretary Ramon Lopez reported that various agencies like the Departments of Agriculture, Environment, Local Government, and Trade are aligning their various programs […]
Trade Secretary Ramon Lopez said the impact of the 2019 novel coronavirus acute respiratory disease (2019-nCoV ARD) in the country’s trade and economic performance is very minimal. Lopez said the country’s overall trade with the province of Hubei province — which is ground zero of the 2019-nCoV threat — is only 0.9 percent of the total […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez said there will be 2 million surgical masks available for both health care workers and the public in a month’s time to prevent the spread of the novel coronavirus (2019-nCoV) in the country. During a Senate hearing on the country’s preparedness on the 2019-nCoV threat, Lopez […]
The lone manufacturer of surgical masks in the country has committed to the Department of Trade and Industry (DTI) the production of 2 million masks per month, DTI Secretary Ramon Lopez said. Lopez said Medtecs International Corp. Ltd. has pledged to supply this week 100,000 pieces of surgical masks and 400,000 per week thereafter, as […]
With the sudden surge in demand for face masks following the first confirmed 2019 novel coronavirus (2019-nCov) in the country, Department of Trade and Industry (DTI) Secretary Ramon Lopez said the supply shortage is temporary. “Shortage is due to the sudden jump in demand that even their reordered stocks got wiped out immediately,” Lopez said. […]
The Philippines remains open to move forward discussions on possible separate free trade agreements (FTAs) with the United States and the European Union (EU) after talks have recently slowed down, the country’s top trade official said. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the Philippines is still interested in pursuing possible FTAs with […]
It is business as usual for the trade and investment relations between the Philippines and China amid the novel coronavirus (2019-nCoV) outbreak, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. Lopez said the Philippine government has not canceled its commitment to participate in trade and investment expositions in China, but it will take […]