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The Philippine Bamboo Industry Council (PBIC) is looking into converting at least 19,000 hectares of land nationwide into a bamboo plantation this year, the Department of Trade and Industry (DTI) said. The largest land conversion will be in Region 6 (Western Visayas) with 13,000 hectares of land eyed for bamboo plantation. DTI Secretary and PBIC chairman […]
The Department of Trade and Industry (DTI) has urged local suppliers and major drug stores to immediately restock N95 masks in Luzon, particularly in Region 4-A and Metro Manila, which are heavily affected by the ashfall from the erupting Taal Volcano in Batangas. Among the actions suggested by DTI is to bring N95 masks supplies […]
Trade Secretary Ramon Lopez said his department will suggest to retailers that sales of face masks be limited per customer as demand for these have surged following the eruption of Taal Volcano on Sunday. Social media users posted that N95 masks have immediately gone out of stock in some stores in Bambang in Manila which […]
Amid tensions in the Middle East, Senator Win Gatchalian is urging the government to help turn displaced and returning Overseas Filipino Workers (OFWs) into local “entrepinoys” by extending them entrepreneurial programs. Latest data from the Philippine Statistics Authority (PSA) show there are around 1.26 million Filipinos who are in the Middle East and may be […]
To protect consumers from premature price increases and profiteering, Senator Win Gatchalian is urging the Department of Energy (DOE) to create a task force that will closely monitor the implementation of the new round of increases in excise tax on fuel this month. Gatchalian is making the call as the third and last tranche of […]
Offering higher wages in the construction industry will address the shortage of skilled labor in the sector, Trade Secretary Ramon Lopez said. Lopez told reporters that construction companies are now hiking wages to ensure that there will be no delays in their projects due to manpower shortage. “We see it happening.” “We see it happening, because […]
For those looking for businesses ideas in 2020, Department of Trade and Industry (DTI) Secretary Ramon Lopez is suggesting a venture into the Halal market. Lopez is also the Chairperson of the Halal Export Development and Promotion Board, a policy-making body composed of public and private sector representatives. “There is big potential in Halal in […]
The Department of Trade and Industry (DTI), in partnership with the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the largest organization of foreign and Filipino electronics companies in the Philippines, will present the Philippine electronics capabilities during the upcoming Consumer Electronics Show (CES 2020) which runs from 7-10 January 2020 in Las […]
President Rodrigo Duterte has approved the Department of Trade and Industry’s (DTI) proposed regulatory reforms to further improve the country’s business climate, Malacañang said. Duterte gave his nod during the 44th meeting with his Cabinet at Malacañan Palace, Presidential Spokesperson Salvador Panelo said. Panelo said the President approved the suggestions raised by Trade Secretary Ramon […]
After the success of its national launching in last May, the Department of Trade and Industry (DTI) has formally introduced in Mindanao the Rural Agro-enterprise Partnership for Inclusive Development (RAPID) Growth Project during the opening of Kakao Konek 2019. Kakao Konek 2019, the biggest annual event of the cacao industry stakeholders in the country, was […]