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Department of Trade and Industry (DTI) Secretary Fred Pascual called on micro, small, and medium enterprises (MSMEs) to embrace digital transformation to expand and be globally competitive. In his speech at the 2024 National MSME Summit in Pasay City, Pascual said the DTI will provide support and the tools necessary to enhance their competitiveness and […]
As part of the Department of Trade and Industry’s (DTI) ongoing campaign against uncertified products and heightened enforcement efforts to safeguard product quality standards, the DTI Task Force Kalasag seized 9,428 non-compliant items, mostly household appliances, worth P9.3 million during its inspection of two warehouses in Bulacan recently. The operation, conducted in partnership with the […]
The Department of Trade and Industry (DTI) successfully launched the pilot run of its “Tindahan Mo, e-Level Up Mo!” program. This nationwide initiative aims to support micro, small, and medium enterprises (MSMEs) by elevating them through digitalization and sustainable business practices. “This first module of the ‘Tindahan Mo, e-Level Up Mo!’ program is a step […]
Department of Trade and Industry (DTI) Secretary Fred Pascual is optimistic about the Philippines’ export performance following the expansion of the country’s merchandise exports by 26.4% in April 2024 to $6.2 billion from $4.9 billion in April 2023, according to preliminary data released by the Philippine Statistics Authority (PSA). Cumulative merchandise exports for the first […]
Following a high-level meeting with Department of Trade and Industry (DTI) Secretary Fred Pascual and industry players in Japan, Japanese tire manufacturer Yokohama Rubber Co. Ltd. expressed interest in expanding production capacity in the Philippines. This interest followed Pascual’s assurances about the Philippines’ commitment to creating a business-friendly environment for foreign investors, particularly Japanese companies […]
“The Philippine government is creating a business environment that promotes and encourages foreign investment. We are enacting recent policy reforms, that strategically broaden the participation of foreign companies in key sectors of the Philippine economy,” Department of Trade and Industry (DTI) Secretary Fred Pascual said during a meeting with Sojitz Corporation recently. Pascual, along with […]
The Department of Trade and Industry (DTI) hosted a briefing session with the Philippine Drug Enforcement Agency (PDEA) and representatives from online shopping platforms Lazada, Tiktok, and Shopee to explore potential joint operations aimed at tackling illegal vape products. DTI Secretary Fred Pascual said the Department is holding violators accountable by equipping monitoring and enforcement […]
As part of the country’s Industry 4.0 Mission, the Philippine delegation, together with Department of Trade and Industry (DTI) Secretary Fred Pascual, explored potential collaboration opportunities with Singapore’s Smart Nation Group. During the visit to Singapore, they discussed areas of technology and innovation, focusing on artificial intelligence (AI) and its application across various sectors. “By […]
The Department of Trade and Industry (DTI) significantly ramped up its enforcement of the Vape Law, yielding P25,874,175 worth of illegal vape products in just the first five months of 2024. This surpasses the DTI’s total illegal vape seizure for the entire 2023 amounting to P5,453,852. “We will not stop here.” “Nearly halfway through the […]
The Department of Trade and Industry (DTI) welcomed additional commitments from major manufacturers to implement a voluntary price freeze in support of Filipino consumers amid rising prices of goods and the ongoing El Niño phenomenon. This builds on the initial success of the voluntary price freeze launched earlier in May 2024. Following a productive meeting […]