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Department of Trade and Industry (DTI) Secretary Ramon Lopez assured SBA Communications Corporation of the Philippine government’s steadfast support for their continued construction and operations in the Philippines as a provider of critical passive infrastructure for wireless communications or Independent Tower Company (ITC). Lopez met with SBA Senior Director (International) Nicholas Van Slyck and Senior […]
Philippine exports reached $6.16 billion in February, growing by 15% compared to the same period last year, based on Philippine Statistics Authority (PSA) preliminary data. Moreover, cumulative exports for the first two months of the year amounted to $12.2B, 11.9% higher than the $0.9B exports in 2021 and 15.7% higher compared to the 2019 pre-pandemic […]
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 […]
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 […]
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 (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 […]
#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. […]
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 […]
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 […]