IKOT.PH
Department of Trade and Industry (DTI) Secretary Ramon Lopez said the government is looking into granting enterprises that will put up their businesses outside Metro Manila longer tax holidays as an incentive. This is in support of Senator Bong Go’s proposed “Balik-Probinsya” Program to decongest the National Capital Region (NCR) by providing incentives to businesses […]
Once certain sectors are allowed to operate as the government restarts the economy, the Department of Labor and Employment (DOLE) must mandate employers to conduct regular, randomized tests on its workers to monitor and mitigate the spread of the coronavirus disease (COVID-19), according to Senator Joel Villanueva. With the gargantuan task of striking a balance […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez has clarified to tenants of both residential and commercial spaces that rental fees and charges are deferred but are not waived, during the enhanced community quarantine period. During the Laging Handa public briefing, Lopez said residential and commercial rents falling due within the quarantine period shall […]
The Department of Agriculture (DA) reiterated its appeal to local chief executives (LCEs) to reconsider policies that counter efforts of the national government to ensure continued food production, processing, transport and trade during the coronavirus disease 2019 (COVID-19) pandemic. “We urge the provincial governors, city and municipal mayors in Luzon, Visayas and Mindanao, to allow […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez has assured that the country has an adequate supply of food even with the extension of the enhanced community quarantine until April 30. In a Laging Handa public briefing recently, Lopez said food manufacturers have a 45-day inventory and raw materials for their products are still […]
The Department of Trade and Industry (DTI) has recently released Memorandum Circular (MC) No. 20-12, Series of 2020 granting a 30-day grace period for the payment of residential and commercial rents with due dates within the the Enhanced Community Quarantine (ECQ) period. “To provide economic relief to Filipinos and MSMEs during the COVID-19 public health emergency, DTI […]
Senator Joel Villanueva is calling on the government to also provide assistance to micro, small and medium enterprises (MSMEs), which he said are also suffering from the effectis of the coronavirus pandemic. In a statement, Villanueva expressed concern on the ability of the sector to keep their workers employee during the pandemic. “Just as we […]
Heeding the government’s call to produce more needed Personal Protective Equipment (PPEs) in the country, member-companies of the Confederation of Wearable Exporters of the Philippines (CONWEP) will start the local production of medical-grade PPE coveralls for frontline healthcare workers. “We need to protect our healthcare workers as they are in the frontline of our fight […]
Trade Secretary Ramon Lopez said a gradual lifting of enhanced community quarantine will be recommended to the Inter-Agency Task Force on Emerging Infectious Diseases (IATF-EID) to ensure that the new norm of social distancing will be observed. During the Laging Handa briefing, Lopez said lifting the community quarantine gradually will allow essential businesses and their […]
To support micro and small businesses affected by the spread of the coronavirus disease 2019 (COVID-19) in the country, the Small Business Corporation (SBC) of the Department of Trade and Industry (DTI) is setting up a P1-billion Enterprise Rehabilitation Financing facility under the “Pondo sa Pagbabago at Pag-asenso” (COVID-19 P3-ERF). The loan facility will be […]