IKOT.PH
Department of Trade and Industry (DTI) Secretary Ramon Lopez attributed the growth in the country’s manufacturing output to the continued easing of economic restrictions amid the challenges of the COVID-19 pandemic. The latest report published by global provider IHS Markit noted that the country’s purchasing manager’s index (PMI) jumped to a high of 52.8 in […]
The strategic goods export authorizations issued by the Department of Trade and Industry – Strategic Trade Management Office (DTI-STMO) last year was able to generate $4.5-B in revenue, a significant increase as compared to the previous year’s export value of $3.6-M which was based on reports submitted by exporters to the DTI-STMO. Exports of information […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez highlighted the importance of sustainable development for the Philippines during the courtesy call of UK Prime Minister’s Trade Envoy Richard Graham. Lopez shared that one of the key priority areas for the country in terms of trade and investment is sustainable development in the form of […]
Revitalized business relationships between the Philippines and Middle East in the construction sector took off during the recently conducted Philippines – United Arab Emirates High Level Construction and Related Engineering Services Roundtable Meeting, the Department of Trade and Industry (DTI) reported. The meeting was held recently in Kempinski Hotel Mall of Emirates, Dubai. During the […]
Paving the way to attract more investments in the Philippines, the ratification of the amendment to the Public Service Act (PSA) plays a vital role for the country to progress closer to economic recovery, the Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairman Ramon Lopez said. “This is a monumental […]
Philippine merchandise exports capped 2021 with a 14.5% growth with a value reaching $74.6B, based on preliminary data from the Philippine Statistics Authority (PSA). Despite the emergence of a new COVID-19 variant that has impeded the full recovery of the global economy, Philippine exported goods increased in December which added $6.3B in the country’s export […]
The Department of Trade and Industry’s Fair Trade Enforcement Bureau (DTI-FTEB) reported that 94.24% of Metro Manila business establishments monitored are compliant with the Minimum Public Health Standards (MPHS) set by the government to mitigate the spread of COVID-19 in the country. Out of the 5,267 inspected firms last year, 4,121 observed and followed the […]
The Department of Trade and Industry (DTI) quickly disseminates the aid through the Livelihood Seeding Program – Negosyo Serbisyo sa Barangay (LSP-NSB). This program aspires to benefit the small business owners despite Typhoon Odette sternly affecting their livelihoods. Following the order of President Rodrigo Duterte before the end of 2021, DTI Secretary Ramon Lopez has extended help […]
Despite continued disruptions in the global economy due to COVID-related restrictions, the Philippine exports grew by 15.2% from January to November 2021 to $68.4B compared to the same period in 2020, based on Philippine Statistics Authority (PSA) preliminary data. Philippine merchandise exports increased by 6.6% year-on-year (YOY) amounting to $6.3B in November 2021 from $5.9B […]
There will no longer be hard lockdowns amid the spike in cases of the coronavirus disease 2019 (COVID-19), made worse by the more transmissible Omicron variant. The Philippine Chamber of Commerce and Industry (PCCI) said they were assured by Department of Trade and Industry (DTI) officials that the government will not implement massive lockdowns anymore. […]