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During the press conference updating the public on the Rice Tariffication Law (RTL), Trade Secretary Ramon Lopez lauded the “game-changing” measure for bringing down retail prices of regular milled rice and well-milled rice to a seven-year low since the start of its implementation last March 5, 2019.“From the DTI perspective, we are always after the […]
The Department of Trade and Industry (DTI) confiscated appliances from two supermarkets during an inspection in Batangas City. The appliances included light bulbs, rice cookers, electric kettles, and induction cookers that do not have Philippine Standard (PS) marks or Import Commodity Clearance (ICC) stickers for imported products. “When buying electric products, consumers should always check […]
A medical supplies manufacturer has assured the Department of Trade and Industry (DTI) of deliveries of N95 face masks from abroad. The DTI said the mother company of Medtecs International Corp. Ltd abroad will be supplying 400,000 pieces of FFP2-N95 masks that are set to arrive next week. “N95 face masks will be made available […]
The Philippine Bamboo Industry Council (PBIC) is looking into converting at least 19,000 hectares of land nationwide into a bamboo plantation this year, the Department of Trade and Industry (DTI) said. The largest land conversion will be in Region 6 (Western Visayas) with 13,000 hectares of land eyed for bamboo plantation. DTI Secretary and PBIC chairman […]
The Department of Trade and Industry (DTI), in partnership with the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the largest organization of foreign and Filipino electronics companies in the Philippines, will present the Philippine electronics capabilities during the upcoming Consumer Electronics Show (CES 2020) which runs from 7-10 January 2020 in Las […]
Over 110,000 micro entrepreneurs have been assisted even as P5.1B has been released through the Pondo sa Pagbabago at Pag-asenso (P3) Program, which is being rolled out to the countryside to provide affordable and easy access loans to micro entrepreneurs. Department of Trade and Industry (DTI) Secretary Ramon Lopez said the P3 Program will continue […]
The Philippines will continue to push for stronger bilateral business and economic relations with China following the fifth visit of President Rodrigo Duterte to Beijing last month. This was the assurance given by Department of Trade and Industry (DTI) Secretary Ramon Lopez during the PH-China Business Forum, which was attended by a 272-business delegation from […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez underscored the need for stronger collaboration between DTI and the country’s local chief executives to generate more jobs and employment opportunities, while providing better and comfortable lives for all Filipinos. During a dialogue with provincial governors, city mayors, and municipal mayors recently, Lopez highlighted the important […]
The Department of Trade and Industry (DTI) will ask President Rodrigo Duterte to issue an executive order (EO) that will significantly reduce logistics costs for local companies over the next few months. DTI Secretary Ramon Lopez said he has instructed Undersecretary Rowel Barba to reconvene the technical working group composed of the Department of Transportation, […]
The Department of Trade and Industry (DTI) is pushing for the passage of a bill institutionalizing a government program to provide affordable financing for micro, small and medium enterprises (MSMEs) in the 18th Congress. In a speech delivered during the National MSME Summit 2019 recently, DTI Secretary Ramon Lopez said the proposed P3 (Pondo sa […]