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The Philippines, together with the other nine ASEAN (Association of South East Asian Nations) member states has begun to implement the ASEAN-Wide Self-Certification Scheme (AWSC) starting 20 September 2020. The AWSC simplifies and streamlines origin certification procedure to claim and be granted lower duties or, in most cases, duty-free treatment when using the ASEAN […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez, together with the Philippine Bamboo Industry Council (PBIC), marked the celebration of World Bamboo Day with a bamboo planting activity at the House of Representatives recently to highlight the need to increase the number of bamboo to support the requirements of the producers of bamboo-based goods. […]
Reducing trade deficit. Improving value creation. Increasing backward and forward linkages. Modernizing Philippine industries. Department of Trade Industry (DTI) Secretary Ramon Lopez underscored these four key goals of the REBUILD PH Program, when he digitally addressed from Manila, top French business executives of MEDEF (Mouvement des entreprises de France, or the Movement of the Enterprises […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez said the recent groundbreaking of a Sumitomo Wiring System factory in Binalonan, Pangasinan will support the Philippines’ push for greater innovation in its industries. The new Sumitomo Wiring Systems, Ltd. factory, a subsidiary of Sumitomo Electric, will be located in the North Luzon Aero Industrial […]
The Department of Trade and Industry (DTI) reported that business name registration of online businesses boomed from 1,753 in January-March 15 this year–or before the declaration of the community quarantine–to 75,876 as of September 2. Meanwhile, based on the latest data released by the Business Name Registration Division (BNRD) of the DTI, the total number […]
The Philippines continues to prove that it is among the world’s most innovative economies after ranking 50th out of 131 countries in 2020, up from its 54th place last year, as reported in the annual Global Innovation Index (GII). This is the first time that the Philippines has breached the top 50 of the GII, which […]
The reported improvement in the unemployment rate to 10% in July can be mainly attributed to the gradual reopening of the economy starting May, according to Trade Secretary Ramon Lopez of the Department of Trade and Industry (DTI). “The mindset of the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF) members […]
Rizal 2nd District Rep. Fidel Nograles is hopeful that a project by the Department of Trade and Industry (DTI) seeking to digitize community-based small businesses will contribute to the success of the “Buy Local, Go Lokal” campaign of the Department of Trade and Industry (DTI).The DTI, in partnership with the Rizal Commercial Banking Corporation, has […]
A consumer group called on the Duterte government to maximize the use of local construction materials for its flagship “Build Build Build” program to help sustain jobs for Filipinos amid the coronavirus disease (COVID-19) pandemic. “This should be a priority as long as these local companies are compliant with product standards and labeling plus markings […]
PayMaya Philippines, Inc. is now an official partner in automating the transactions of the Philippine Contractors Accreditation Board (PCAB), particularly its pilot on online contractor’s license renewal portal (pcabgovph.com) that serves around 15,000 contractors all over the country. The service of PayMaya is an additional digital payment option for contractors aside from the existing Land Bank LinkBiz Portal. The Memorandum of Agreement (MOA) signed by the Department of Trade and Industry, PayMaya, Land […]