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The Philippine Bamboo Industry Council (PBIC) is looking into converting at least 19,000 hectares of land nationwide into a bamboo plantation this year, the Department of Trade and Industry (DTI) said. The largest land conversion will be in Region 6 (Western Visayas) with 13,000 hectares of land eyed for bamboo plantation. DTI Secretary and PBIC chairman […]
Trade Secretary Ramon Lopez said his department is preparing livelihood assistance to help entrepreneurs affected by the Taal Volcano eruption.Lopez said the Department of Trade and Industry (DTI) aims to disburse P50 million worth of micro finance facilities under the Pondo sa Pagbabago at Pag-asenso, or the P3 Program. “We are preparing for livelihood assistance […]
Trade Secretary Ramon Lopez said his department will suggest to retailers that sales of face masks be limited per customer as demand for these have surged following the eruption of Taal Volcano on Sunday. Social media users posted that N95 masks have immediately gone out of stock in some stores in Bambang in Manila which […]
Trade Secretary Ramon Lopez said institutionalizing the “Build, Build, Build” program will sustain the growth of the construction sector even with the change in the administration. On the sidelines of the 4th Philippine Construction Industry Congress in Makati City, Lopez said he sees the importance of enacting the program into law to ensure that the […]
Offering higher wages in the construction industry will address the shortage of skilled labor in the sector, Trade Secretary Ramon Lopez said. Lopez told reporters that construction companies are now hiking wages to ensure that there will be no delays in their projects due to manpower shortage. “We see it happening.” “We see it happening, because […]
For those looking for businesses ideas in 2020, Department of Trade and Industry (DTI) Secretary Ramon Lopez is suggesting a venture into the Halal market. Lopez is also the Chairperson of the Halal Export Development and Promotion Board, a policy-making body composed of public and private sector representatives. “There is big potential in Halal in […]
The Department of Trade and Industry (DTI), in partnership with the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the largest organization of foreign and Filipino electronics companies in the Philippines, will present the Philippine electronics capabilities during the upcoming Consumer Electronics Show (CES 2020) which runs from 7-10 January 2020 in Las […]
Over 110,000 micro entrepreneurs have been assisted even as P5.1B has been released through the Pondo sa Pagbabago at Pag-asenso (P3) Program, which is being rolled out to the countryside to provide affordable and easy access loans to micro entrepreneurs. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the P3 Program will continue […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez underscored the agency’s commitment in pursuing inclusive innovation in various industries through greater collaboration among other government agencies and the private sector as the world enters the Fourth Industrial Revolution (Industry 4.0). “In line with President Rodrigo Duterte’s vision of a future where all Filipinos have […]
The Department of Trade and Industry (DTI) is seeking an initial P200 million to P300 million revolving fund for the implementation next year of a new law supporting the innovation activities especially of micro, small and medium enterprises (MSMEs) and enable them to become part of the global market. DTI Secretary Ramon Lopez said the […]