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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 […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez underscored the deepening trade and investment relations between the Philippines and India after Indian President Ram Nath Kovind conveyed his country’s interest to participate in the Philippine growth story. During the recent ASEAN-India Business Summit Gala, Kovind and Lopez expressed optimism on the growth of economic […]
The Philippines is now one of the top 100 most competitive countries in the world for doing business as it has implemented more regulatory reforms to improve its business climate. The World Bank recently released its Doing Business 2020 report indicating the Philippines’ sharp improvement of 29 notches in the global rankings of the ease […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez revealed that Russian businesses are keen on expanding their operations to the Philippines. During a meeting with Russian Deputy Minister of Industry and Trade Aleksey Gruzdev and delegation of Russian business executives recently, Lopez shared the Philippines’ priority industries that Russia can participate in. Lopez highlighted […]