IKOT.PH
Amid the economic crisis brought about by the coronavirus 2019 (COVID-19) pandemic, Senator Dick Gordon is urging the government to take advantage of the current situation to bring in more opportunities and allow the country to recover and sustain its economic transformation. “Our government should come up with a feasible masterplan and adopt a whole-of-government […]
Trade Secretary Ramon Lopez said the guidelines jointly issued by the Department of Trade and Industry (DTI) and Department of Labor and Employment (DOLE) allowing the private sector to operate during the enhanced community quarantine (ECQ) and general community quarantine (GCQ) will manage the risks of the coronavirus disease 2019 (COVID-19) transmission even as it opens […]
Drivers and crew of cargo and delivery trucks are not required to take the mandatory 14-day home quarantine if they do not show any symptoms of the coronavirus disease 2019 (COVID-19), said the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) said. IATF-EID spokesperson Cabinet Secretary Karlo Nograles said this will allow […]
Exports by the Philippines reached a record-high of $70.3 billion in 2019 from $69.3 last year despite external headwinds from the global trade policy uncertainties, geopolitical tensions, and country-specific challenges, Department of Trade and Industry (DTI) Secretary Ramon Lopez said. “The relatively strong export performance of the Philippines transpired amid DTI’s strong efforts in attracting […]
The Philippines expressed hope that China will be able to recover from the outbreak of the coronavirus disease (COVID-19). “We obviously recognize China as one of the leading trade partners of the Philippines. And we hope that China will be able to get back to its usual business, even given the challenges that your country […]
The chairman of the Senate Committee on Finance said that all government agencies must aggressively step-up its fiscal spending for the remaining period of the year to help the administration attain its economic growth target for 2019. Senator Sonny Angara said government’s “spending catch-up plan” will be key in meeting the full-year gross domestic product […]
Senator Koko Pimentel III lauded the recent signing and promulgation of the Implementing Rules and Regulations (IRR) of the ‘Ease of Doing Business Law’ (Republic Act 11032). The law introduces reforms to ensure competitiveness by doing away with unnecessary delays in government service which are opportunities for corruption. The law was passed under the leadership […]
Trade Secretary Ramon Lopez highlighted the strong macroeconomic fundamentals and the continuing growth story of the Philippines with South Korean business executives during a high-level roundtable meeting in Seoul. Lopez emphasized the opportunities South Korean companies, particularly in the manufacturing industry, may explore when locating and expanding their operations in the Philippines. The trade chief […]
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 […]