IKOT.PH
Efficient market monitoring, surveillance, and enforcement are the primary cornerstones of a successful consumer protection policy, the country’s trade chief said. “These elements play a significant role in ensuring the proper functioning of fair and open competition, as businesses require a level-playing field to innovate and grow,” said Department of Trade and Industry (DTI) […]
Digitalization is a great equalizer that levels the playing field for large and small business players, the country’s trade chief said at the successful Philippine hosting of the ASEAN 2017 Micro, Small and Medium Enterprises (MSME) Development Summit. “Through innovation and digitalization, we are confident that MSMEs can leapfrog their status as globally-competitive enterprises, […]
Following the 2017 Doing Business (DB) Report indicating that the Philippines moved up four spots from 103rd last year to 99th out of 190 economies, Department of Trade Industry (DTI) Secretary Ramon Lopez expressed hope for the Philippines to reach top 20 by 2020 in the global competitiveness and ease of doing business (EODB) […]
With its pursuit to advance the betterment of micro, small and medium enterprises, the Philippines celebrated the International MSME day in support of the United Nations (UN) General Assembly resolution recognizing the crucial role MSMEs play in achieving the 2030 Agenda for Sustainable Development, particularly in promoting innovation, creativity, and decent work. “MSMEs represent […]
Filipino sari-sari store owners can count on the government to finance their dream expansion through the Pondo para sa Pagbabago at Pag-asenso (P3), the country’s Trade Secretary said. “Sari-sari stores form part the economic backbone of the country. Providing them more opportunities can only mean greater economic development,” said Lopez during the appreciation and […]
The Philippines remains a preferred global investment destination as evident in the investment projects registered with the Board of Investments (BOI). Trade Secretary and BOI Chairman Ramon Lopez announced a 25% increase in the value of registered investments for the first five months of the year compared with the same period in 2016, growing […]
Following President Rodrigo Duterte’s instruction to revive and to strengthen the country’s footwear industry, Department of Trade and Industry (DTI) Secretary Ramon Lopez and the members of the Philippine Footwear Federation Inc. (PFFI) identified possible solutions to existing obstacles that hamper the shoe industry’s growth. “Technological improvement remains an industry concern. While there are […]
“Innovation is at the heart of our industrialization strategy in achieving an entrepreneurship-driven economy,” said Department of Trade and Industry (DTI) Secretary Ramon Lopez at the Inclusive Innovation Congress 2017. In his address, Lopez highlighted the role of inclusive innovation in fostering an ecosystem of entrepreneurship in the country. “The creation of new business […]
Business managers should continue taking part in the Philippines’ growth story, as the country experiences industry resurgence, giving trade and investment a full swing, the country’s trade chief said. Speaking at the general membership meeting of the Management Association of the Philippines (MAP), Department of Trade and Industry (DTI) Secretary Ramon Lopez urged managers […]