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The Department of Trade and Industry (DTI) has launched the National Arts and Crafts Fair (NACF) Artisanal Shop to help micro, small, and medium enterprises (MSMEs) and Indigenous People (IPs) market their artisanal products online amid the COVID-19 pandemic. The NACF Artisanal Shop is being launched through the DTI’s Bureau of Domestic Trade Promotion (DTI-BDTP) […]
The Department of Trade and Industry (DTI), Department of Information and Communications Technology (DICT), and the Department of Science and Technology (DOST) issued a Joint Administrative Order (JAO) creating a Steering Committee under Republic Act 11337 or the Innovative Startup. The Steering Committee will provide strategic guidance and oversight in the formulation, implementation, and development […]
Economic ministers from the 10 ASEAN Member States (AMS) met through a video conference recently to discuss the implementation of initiatives that will further the region’s post-pandemic economic recovery efforts. As this year’s ASEAN Chair, Brunei Darussalam led the setting of their priority economic deliverables (PEDs). These focus on three strategic thrusts—Recovery, Digitalization, and Sustainability. […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez highlighted the important role of women entrepreneurs especially as the country pushes for post-coronavirus economic recovery. In celebration of International Women’s Day, the DTI paid tribute to women-led micro, small and medium entrepreneurs (MSMEs) during the virtual graduation ceremony for the 3A program which stands for […]
Fresh off a 25-month high in January, the Philippine manufacturing sector output remained steady in February, according to a survey conducted by IHS Markit. The Purchasing Manager’s Index (PMI) for the country sustained its figure at 52.5, still above the benchmark of 50 that distinguishes expansion from contraction. IHS Markit said operations inched up […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez called on the 52 graduates comprising of micro, small, and medium enterprises (MSMEs) in the trade agency’s 3A (Accept, Adapt, and Act) Program to scale up as the country gradually reopens the economy in the wake of the COVID-19 pandemic. “You should scale up so as […]
The Department of Trade and Industry (DTI), through its financing arm the Small Business Corporation (SBCorp), has approved a total of 21,695 loan applications under the Bayanihan COVID-19 Assistance to Restart Enterprises (CARES) program to provide micro, small, and medium enterprises (MSME) with urgent relief needed to restart their businesses amid the pandemic. “Our efforts […]
The National Employment Recovery Strategy (NERS) Task Force chaired by the Department of Trade and Industry (DTI) and co-chaired by the Department of Labor and Employment (DOLE) and the Technical Education and Skills Development Authority (TESDA), which was signed recently by several agencies, will be given a big boost by the bicameral approval of the […]
The 1st Virtual National Trade Fair was officially opened recently through an online ceremony. Attendees from remote locations witnessed the event on the website virtualnationaltradefair.dti.gov.ph and on social media channels. From January 27 to February 2, 2021, the Virtual National Trade Fair will be accessible online 24/7. In his keynote address, Department of Trade and Industry (DTI) Secretary […]
The Department of Trade and Industry (DTI) welcomed efforts to remove the economic restrictions in the Constitution, stressing the move will help unleash the economic potential of the Philippines, the second-fastest growing economy in Southeast Asia. At the continuation of the public hearing of the House Committee on Constitutional Amendments on Resolution of Both Houses […]