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More partnerships and more than $10 million worth of potential sales are expected with the successful holding of an investment forum and business matching sessions on the second day of President Rodrigo Duterte’s visit to Japan. The Philippine Business Forum and Business Matching events were organized by the Department of Trade and Industry (DTI) and […]
The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]
The Philippines is eyeing to ink two investment agreements with Japan in high-tech industries during the official visit to Tokyo of President Rodrigo Duterte. Department of Trade and Industry (DTI) Secretary Ramon Lopez said his agency has received “a lot” of letters of intent from Japanese companies to invest and expand their businesses in the […]
The Department of Trade and Industry (DTI) remains confident that it is still on track to attain export targets of $122 billion to $130 billion by 2022, even after merchandise export performance declined by 3.1 percent in the first quarter this year. “We expect a positive growth trajectory to set in in the subsequent quarters,” […]
Senate Trade and Commerce Chair Koko Pimentel III on Thursday urged the Department of Trade and Industry (DTI) to take action against wholesalers and retailers who are driving up sugar prices despite the steady mill gate prices of the staple. “For the past several months, the mill gate prices of sugar have been holding steady […]
The Department of Trade and Industry (DTI) has taken a firm step to protect local cement manufacturers in the wake of reports that imported cement has been flooding the local market in recent months. DTI Secretary Ramon Lopez said his agency will impose a provisional safeguard duty of P8.40 per bag of imported cement after […]
Two Chinese shipbuilders have expressed their interests to take over the business of bankrupt Hanjin Heavy Industries and Construction Philippines (HHIC-Phil), Department of Trade and Industry (DTI) Undersecretary and Board of Investments (BOI) Managing Head Ceferino Rodolfo said. Rodolfo said his office received queries from officials of the two Chinese firms, one a state-owned and […]
Senator Win Gatchalian is urging the Department of Trade and Industry (DTI) and the Department of Energy (DOE) to activate a task force that will guard against premature price increases and profiteering in the wake of the implementation of a new round of increases in the excise tax on fuel this January. President Rodrigo Duterte […]
The Department of Trade and Industry (DTI) and the Department of Health (DOH) launched a six-month pilot program for micro enterprises to fast-track the process of getting permits from the Food and Drug Authority (FDA). Even as the program focuses on businesses producing low-risk food products with assets not more than P3 million, the FDA […]
The Department of Science and Technology (DOST), Department of Information and Communications Technology (DICT), and the Department of Trade and Industry (DTI) have joined forces to help startups in the country. The three departments signed a memorandum of understanding (MOU during the recent 2nd National Technology Business Incubator (TBI) Summit that the DOST-Philippine Council for […]