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The Department of Trade and Industry, through its Consumer Protection Group (DTI-CPG), spearheads the annual celebration of the Consumer Welfare Month (CWM) this October with various activities lined up. “Digital Consumers: The New Normal” is this year’s theme, and it highlights the government’s continued consumer protection programs in today’s heightened utilization of electronic commerce. “We […]
The Department of Trade and Industry (DTI) hosted the “International Trade Forum: Benefits of the Regional Comprehensive Economic Partnership (RCEP) Agreement to the Philippines” via Zoom recently. Attended by over 300 participants, the forum is the first in a series of webinars on RCEP that the DTI is spearheading to inform stakeholders of the Agreement, […]
The Global Startup Ecosystem Report (GSER) 2021 featured anew the Philippine startup ecosystem. Ranking among the top 30 Asian ecosystems in terms of performance, the value of Manila’s startup ecosystem is at $584-M, with $101-M in total early-stage funding over the last 2.5 years. Globally, affordable talent (or the ability to hire tech talent) is […]
Despite the impact of the COVID-19 pandemic, the Philippines remains among the world’s most innovative economies. The Global Innovation Index (GII) 2021 ranks the Philippines at 51st out of 132 countries, as it sustains its status as an “innovation achiever” for the third consecutive year. “Our experience validates the strong potential of innovation to catalyze job […]
In the virtual courtesy call of Singapore Trade Minister Gan Kim Yong to Department of Trade and Industry (DTI) Secretary Ramon Lopez, the two officials talked about further strengthening the Philippines and Singapore’s partnership in digitalizing micro, small, and medium enterprises (MSMEs). Both recognized the surge of e-commerce during the COVID-19 pandemic and its significant […]
The Department of Trade and Industry (DTI) and Plastic Credit Exchange (PCX) virtually signed a memorandum of agreement (MOA) to collaborate in achieving the goal of diverting post-consumer plastic from landfills and oceans through responsible collection and processing. The signing of the MOA was led by DTI Secretary Ramon Lopez and PCX Founder and Chairperson […]
The Philippines will once again join the China International Fair for Investment and Trade (CIFIT) 2021 as Guest Country of Honor from September 8-11, 2021 in Xiamen, China. “For the second year in a row, the Philippines is once again given the distinct recognition as CIFIT’s Guest Country of Honor in 2021 to showcase the […]
The Philippine Trade and Investment Center Hong Kong (PTIC-HK), in partnership with the Philippine Consulate General in Hong Kong SAR, PTIC – Beijing, PTIC – Guangzhou, PTIC – Shanghai, the Office of the Agriculture Counsellor of the Philippines in Beijing, Department of Trade and Industry -Export Marketing Bureau (DTI-EMB), DTI Baguio – Benguet, and the […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez cited the Philippine gross domestic product (GDP) growth of 11.8% in the second quarter of 2021 as a good start of an economic recovery. This is the highest and fastest growth in over three decades since the fourth quarter of 1988, which posted a growth of […]
Total Philippine exports surged to an almost double-digit increase in June this year by 9.49% gaining $563.9M. The growth is attributed to the reopening of the global markets like US, China and EU, as well as the continuing policy to keep the export operations at full capacity despite the lockdowns. Meanwhile, imports grew slower at […]