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Trade and Industry Secretary Ramon Lopez encouraged Korean businessmen to increase investments in the Philippines and take advantage of robust domestic growth, especially now that a free trade deal is in the offing. In his speech during the launch of the Korea-Asean FTA Support Center in Makati City, Lopez said the free trade agreement (FTA) […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez urged Cebu industry players to be part of reforms in doing business with government by filing complaints and reporting corrupt practices and unfair treatment in all government transactions. “The law is in effect already, which entitles everyone to file a complaint. Your support, through filing proper […]
The Department of Trade and Industry (DTI) has taken a firm step to protect local cement manufacturers in the wake of reports that imported cement has been flooding the local market in recent months. DTI Secretary Ramon Lopez said his agency will impose a provisional safeguard duty of P8.40 per bag of imported cement after […]
The Department of Trade and Industry (DTI) and the Department of Health (DOH) launched a six-month pilot program for micro enterprises to fast-track the process of getting permits from the Food and Drug Authority (FDA). Even as the program focuses on businesses producing low-risk food products with assets not more than P3 million, the FDA […]
The Department of Science and Technology (DOST), Department of Information and Communications Technology (DICT), and the Department of Trade and Industry (DTI) have joined forces to help startups in the country. The three departments signed a memorandum of understanding (MOU during the recent 2nd National Technology Business Incubator (TBI) Summit that the DOST-Philippine Council for […]
The Department of Environment and Natural Resources (DENR) will further intensify its remediation efforts in Manila Bay starting next year to help improve water quality and stop further environmental degradation as so ordered by the Supreme Court (SC). The DENR is scheduled to meet with stakeholders to discuss measures to reduce the volume of indiscriminately […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez and Puyat Steel Corporation chairman Edgardo Reyes are looking to expand the country’s steel manufacturing base as a way to answer the country’s growing demand for steel products and reduce the trade deficit through import substitution. During the meeting with DTI, Reyes reported that Puyat Steel […]
Trade Secretary Ramon Lopez expects prices of goods to continue to decline in the first quarter of 2019 due to the decreasing oil prices and strengthening of the Philippine peso. Lopez said although prices have decreased following the easing of inflation rate at 6 percent last month, consumers may start to feel the decline in […]
The Department of Tourism (DOT) has launched the Cavite, Laguna, Batangas, Rizal, Quezon (Calabarzon) leg of the country’s culinary tourism project, “Kain Na!” (Let’s Eat!). Poised to introduce the specialties, as well as new dishes that mostly highlight the region’s rich coconut produce, Chef Kenneth Degracia of the Costales Nature Farm in Laguna, is confident […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez said a delegation from Slovenia will visit the Philippines for a trade and business mission in March 2019. In a statement, Lopez said the planned visit of Slovenian businessmen was bared during his meeting with Philippine Honorary Consul to Slovenia Srecko Debelak. In March 2016, government […]