Categories
Government

EXPORTED PH STRATEGIC GOODS MADE $4.5B IN REVENUE

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 […]

Categories
Politics

DTI: BULACAN IS 10TH MOST COMPETITIVE PROVINCE

Bulacan was ranked 10th among the country’s most competitive provinces by the Department of Trade and Industry (DTI) in the Cities and Municipalities Competitiveness Index (CMCI). Governor Daniel Fernando said this is the third consecutive year for the province to receive such recognition. Bulacan placed eighth in 2020 and ninth in 2019, showing a huge […]

Categories
Government

RATIFICATION OF AMENDED PUBLIC SERVICE ACT LAUDED

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 […]

Categories
Government

PH EXPORT CAPS 2021 WITH 15.5% GROWTH – LOPEZ

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 […]

Categories
Government

NO SRP INCREASES IN NOCHE BUENA PRODUCTS – LOPEZ

The Department of Trade and Industry (DTI) released the List of Suggested Retail Prices (SRPs) of Noche Buena products for the information and guidance of the consumers as the holiday season approaches. The price guide includes products such as ham, keso de bola, cheese, sandwich spread, mayonnaise, pasta—spaghetti noodles, elbow and salad macaroni, spaghetti sauce, tomato […]

Categories
Government

DTI’S SOCMED CAMPAIGN TO BOOST LOCAL BIZ — LOPEZ

#flexPHridays is a new call to action campaign by the Department of Trade and Industry (DTI) to encourage Filipinos to support local businesses through the power of social media. For the past six years, the Philippines has been at the top of global charts as to the number of social media users and internet usage. […]

Categories
Government

MORE THAN 43,000 ESTABLISHMENTS GET SAFETY SEALS

Businesses nationwide are adopting the Safety Seal to assure the public that safe health protocols are put in place in their establishments amid the various quarantine restrictions. A total of 43,332 public and private establishments have been issued Safety Seal Certifications through the joint efforts of the Department of Health (DOH), Department of Interior and […]

Categories
Government

PH’S EXPORTS GAIN $563.9M IN JUNE – LOPEZ

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 […]

Categories
Government

LOPEZ TO MSME: TAKE ADVANTAGE OF REOPENING ECONOMY

Department of Trade and Industry (DTI) Secretary Ramon Lopez called on the 52 graduates comprising of micro, small, and medium enterprises (MSMEs) in the trade agency’s 3A (Accept, Adapt, and Act) Program to scale up as the country gradually reopens the economy in the wake of the COVID-19 pandemic. “You should scale up so as […]

Categories
Government

REMOVE ECONOMIC RESTRICTIONS IN CHARTER — DTI

The Department of Trade and Industry (DTI) welcomed efforts to remove the economic restrictions in the Constitution, stressing the move will help unleash the economic potential of the Philippines, the second-fastest growing economy in Southeast Asia. At the continuation of the public hearing of the House Committee on Constitutional Amendments on Resolution of Both Houses […]