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The Department of Trade and Industry (DTI) launched the Philippine Skills Framework (PSF) Initiative, an inter-agency effort to build the skills and competencies of the country’s human capital and workforce to better prepare them for the future economy. Secretary Ramon Lopez noted that the program will continue efforts to grow and develop competitive and innovative […]
Finance Secretary Carlos Dominguez III and Trade and Industry Secretary Ramon Lopez have signed the Implementing Rules and Regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act, more than two weeks ahead of the 10 July 2021 deadline set under this law. Micro, small, and medium enterprises (MSMEs) will be the […]
The Philippine Trade and Investment Center (PTIC) – Jakarta reported that Emperador Brandy is now available in Indonesia after months of discussion with importing entities, bringing the taste of proudly Filipino-made alcoholic beverage to the largest Association of Southeast Asian Nations (ASEAN) economy. “Emperador is a household name and a global brand, and we are […]
The Department of Trade and Industry – Board of Investments (DTI-BOI) reported that manufacturing output has rebounded, based on recent data released by the Philippine Statistics Authority (PSA) and IHS-Markit. This point toward industry stabilization as manufacturing output sees an upside in the months ahead with the ongoing rollout of the vaccination program and ease […]
In a bid to further promote competitiveness and long-term sustainability across Government-Owned and -Controlled Corporations (GOCCs), the Department of Trade and Industry (DTI) and the Governance Commission for GOCCs (GCG) entered into a partnership through the signing of a memorandum of understanding (MOU) for the promotion of the Philippine Quality Award (PQA) Program in the […]
The Department of Trade and Industry (DTI) turned over the supply of 50,000 face masks to the Philippine National Police (PNP) for distribution to individuals they’ve detained for not wearing their masks properly in public. This was following President Duterte’s order during his recent “Talk to the People” to instead give washable face masks to […]
The Department of Trade and Industry – Bureau of Domestic Trade Promotion (DTI-BDTP) partners anew with Shopee Philippines for another online National Food Fair on 10-16 May. The National Food Fair first went online on 16-17 May 2020 and featured 29 micro, small, and medium enterprises (MSMEs) and their food products. This year, the online National Food Fair […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez reported that a Japanese wire harness maker based in Tokyo, Japan, Leading Co., Ltd. is entering the country this year to join the growing ranks of Japanese wiring harness manufacturers operating in the Philippines. “We welcome the expansion of Leading in the Philippines as it will […]
The Department of Trade and Industry (DTI) and the Board of Investments (BOI) hailed the signing of the landmark Republic Act. No. 11534 or the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act by President Rodrigo Duterte after it passed both Houses of Congress recently. “We thank President Rodrigo Roa Duterte and the Congress […]
The Export Development Council (EDC), the export policy-making body in the country, has lauded the swift and positive response of the Department of Agriculture (DA) to help lower the cost of fruits and vegetable exports. EDC Chairman and Department of Trade and Industry (DTI) Secretary Ramon Lopez noted that exporters can now avail of free […]