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Trade Secretary Ramon Lopez has assured of adequate food supply during the enhanced community quarantine now being enforced in Luzon as a measure to contain the spread of the coronavirus disease 2019 (COVID-19). Lopez made the assurance after the Philippine Association of Meat Processors Inc. (PAMPI) said that they anticipate a “severe shortage of goods […]
Following the declaration of a state of calamity in the Philippines for six months, the price freeze on basic commodities will be effective until May 15, the Department of Trade and Industry (DTI) said. The price freeze covers all merchants, including those who sell basic goods through the Internet or other media, according to the […]
The government is assuring the public that it is continuously monitoring and addressing issues involving the transport of raw materials needed by meat processors in Luzon which is now under enhanced community quarantine (ECQ) to prevent the spread of the coronavirus disease 2019 (COVID-19). Cabinet Secretary Karlo Nograles on Saturday stressed that measures had already […]
Trade Secretary Ramon Lopez is asking for a faster and separate lane through checkpoints for vehicles carrying basic necessities such as agricultural products, food, medical products, and hygiene products to ensure that an adequate supply reaches markets during the enforcement of the enhanced community quarantine in Luzon. Lopez said he had a discussion with the […]
Secretary Ramon Lopez of the Department of Trade and Industry is urging utility companies to postpone payments during the enhanced community quarantine in Luzon due to the coronavirus disease 2019 (COVID-19). “We are trying to work also on deferring some of the costs like payment of utility bills,” Lopez said. The trade chief added that […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez has assured that movement of cargo and thesupply chain of basic goods shall continue even after President Rodrigo Duterte had placed Luzon under an enhanced community quarantine. Lopez said there is an ongoing meeting in the government discussing its next steps for the enhanced community quarantine […]
Lopez said the DTI is urging President Rodrigo Duterte to issue an executive order (EO) to prosecute those who had raked-in unfairly large profits on products which are in demand during this situation and those who hoard goods whether for their own consumption or re-sale at higher prices.The trade chief said Duterte has agreed with […]
Trade Secretary Ramon Lopez lauded the Senate version of the Corporate Income Tax Incentives and Rationalization Act (CITIRA) sponsored by Senator Pia Cayetano. The new bill not only balances the concerns of many stakeholders, offering a longer transition period for high performing investments (e.g. 100% exportation or employing over 10,000 people), but also removes the […]
During the press conference updating the public on the Rice Tariffication Law (RTL), Trade Secretary Ramon Lopez lauded the “game-changing” measure for bringing down retail prices of regular milled rice and well-milled rice to a seven-year low since the start of its implementation last March 5, 2019.“From the DTI perspective, we are always after the […]
The Philippine government launched recently the National Business One-Stop Shop (NBOSS) at the Securities and Exchange Commission (SEC), with the aim of integrating the processes of different agencies in one location for one-person corporation applicants. NBOSS is a physical co-location for agencies related to starting a business including the SEC, the Bureau of Internal Revenue, […]