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Trade dep’t says export of goods on track even as growth...

THE COUNTRY should be able to hit the Trade department’s merchandise export target in 2018, officials of the Department of Trade and Industry (DTI) said on Friday, even though growth will be in low single-digit rate and will lag behind last year’s pace.

Logistics costs in Philippines significantly higher than Indonesia, Vietnam, Thailand —...

PHILIPPINE manufacturing companies face significantly higher logistics costs than those in Indonesia, Vietnam and Thailand, according to a report released by the Department of Trade and Industry (DTI) on Thursday.

IFAD to invest $63.5 million in agricultural enterprises

THE International Fund for Agricultural Development (IFAD) will invest $63.5 million to support agriculture-based micro and small enterprises in 20 provinces across Eastern Visayas and Mindanao.

Sta. Lucia Mall: A leisure icon

Sta. Lucia Land, Inc. is generally known as a developer with an impressive portfolio of thoughtfully developed residential estates and towers, as well as...

DTI, manufacturers agree to hold bread, flour prices

THE Department of Trade and Industry said it has convinced some bread and flour manufacturers to stall price increases until the holiday season.

DTI orders price freeze in landslide-hit Naga City

THE DEPARTMENT of Trade and Industry has announced a price freeze on basic goods in landslide-hit Naga City, Cebu following the declaration of a state of calamity by the city government. Under the Price Act, a declaration of a state of calamity automatically freezes prices “at their prevailing prices” or placed under price controls.

DTI turns to Japan for help in launching small businesses

THE Department of Trade and Industry (DTI) has invited more tech-focused small and medium-scale businesses from Japan to partner with Philippine companies that can help in launching their products in the market.

DTI seeking authorization to buy rice from foreign gov’ts

THE Department of Trade and Industry (DTI) is seeking to import an additional 150,000 metric tons of rice under a government-to-government scheme, saying that the process will take less time than an open tender.

Trade dep’t touts list of 41 firms agreeing to suspend price...

THE Department of Trade and Industry (DTI) said 41 manufacturing and retail firms have agreed to delay price increases as an inflation-control measure.

DTI says price caps will worsen supply problems

THE Department of Trade and Industry (DTI) said it expects a system of price caps imposed on key goods to worsen shortages in the market.

DTI sees Israel, Jordan firms starting work on Philippine deals this...

THE Department of Trade and Industry (DTI) said it expects most deals signed with companies in Israel and Jordan will start to be implemented within the year.

DTI sees China trade show interest boosting exports

THE Department of Trade and Industry (DTI) said it is pushing to expand exports to China in the wake of growing demand, as reflected in robust Philippine participation in Chinese trade shows.

DTI expands list of goods with SRP, adjusts prices

THE DEPARTMENT of Trade and Industry (DTI) has added more items in its suggested retail price (SRP) list for manufactured basic necessities and prime commodities.

DTI angling for EU medical tech investment

THE Department and Trade and Industry (DTI) said it hopes to attract more investment from European Union (EU) medical technology companies, citing the potential for domestic demand growth created by the surging health care needs of elderly patients.

DTI amends company name rules to boost ease doing business

THE Department of Trade and Industry (DTI) has updated the implementing rules and regulations of the Business Name (BN) Law to incorporate an industry benchmarking system while harmonizing it with the Ease of Doing Business (EoDB) Act of 2018, among other laws.

DTI expects wet market prices to mirror decline at farmgate level

THE Department of Trade and Industry (DTI) threatened wet market vendors with closure or price controls if retail prices do not more closely mirror the decline in farmgate prices.

FEMSA exit triggers scramble to liberalize sugar imports, DTI says

THE GOVERNMENT is rushing to liberalize the importation of sugar to address supply issues after a major Mexican bottler gave up its rights to make and sell Coca-Cola products in the Philippines.

DTI sees more intense regional competition in federal set-up

TRADE SECRETARY Ramon M. Lopez said a shift to federalism will mean that regions will have to compete to attract investors, regardless of the aid available to the poorest regions.

DTI threatens to unleash BIR on foreign shipping lines

THE Department of Trade and Industry (DTI) said it will ask the Bureau of Internal Revenues to investigate foreign shipping lines to validate whether they are paying taxes properly on what it called “excessive” cargo charges.

DTI approves SRP hike for some canned goods

THE Department of Trade and Industry (DTI) said it has approved price increases for some canned goods which are subject to price controls.

DTI makes fresh pitch on Japanese investments

THE Department of Trade and Investments is encouraging more investments from Japan, one of the country’s biggest sources of foreign direct investments until last year when fund flows started to plunge.

DTI cites PHL ‘economic breakout’ to lure Japan’s manufacturers

The Department of Trade and Industry is encouraging Japan's manufacturers to invest in the Philippines, citing the country's growth in the sector. “The Philippines is...

Trade dep’t asks PCC to look into ‘excessive’ fees by foreign...

The Department of Trade and Industry has requested the Philippine Competition Commission (PCC) to look into "excessive" charges imposed by foreign shipping lines to...

FPI opposes DTI’s proposed sugar content labels on beverages

THE Federation of Philippine Industries (FPI) is opposing the Department of Trade and Industry’s (DTI) proposed rules that would require companies to include sugar content of beverages on labels.

DTI zeroes in on energy drinks for sugar labeling

THE DEPARTMENT of Trade and Industry (DTI) has identified energy drinks as one of the products that it wants to label “High in Sugar” under proposed new labeling rules.

BoI sees strong investor interest in Eastern Samar

BUSINESSES are looking to invest in the Eastern Visayas in industries such as water transport, hospitals, agribusiness, mass housing, and agro-processing, according to the Department of Trade and Industry (DTI).

DTI says only few prices have moved since Nov.

THE Department of Trade and Industry (DTI) said the prices of most goods it is monitoring have not moved since November, and neither have its suggested retail price (SRP) ceilings on commonly-purchased goods.

Suggested retail price scheme for rice, other goods in the works

THE Department of Agriculture (DA) said it is expecting to impose a suggested retail price (SRP) scheme for basic agricultural commodities including rice and livestock products.

Duterte wants DTI to put health warning labels on sugary drinks

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte has ordered the Department of Trade and Industry (DTI) to place health warning labels on sugar-sweetened...

DTI sets 2022 target for eliminating ‘5-6’ lending

WITH added funding set aside for lending to micro, small and medium enterprises, the Department of Trade and Industry (DTI) said it hopes to eliminate the need for so-called “5-6” informal lenders by 2022.

DTI preparing rules to implement new ease of doing business law

The Department of Trade and Industry (DTI) has directed involved agencies to fast-track the terms of the new Ease of Doing Business Law of...

DTI finds no basis for allegations that QT steel is unsafe

THE Department of Trade and Industry (DTI) said it found no “factual or technical” basis to the allegations that local quenched tempered (QT) steel is unsafe for high-rise construction.

School supplies with high mercury content pulled out of stores

THE DEPARTMENT of Trade and Industry (DTI) has ordered several shops in Recto, Manila to pull out school supplies found to have high levels of mercury.

Price increase expected in paper-based school supplies — DTI-Davao

NOTEBOOKS AND other paper-based products are expected to increase as consumers begin buying supplies for the school opening in June. “We are expecting the...

BPO sector: An economic pillar

The Department of Trade and Industry (DTI) defines business process outsourcing (BPO) as the “delegation of service-type business processes to a third-party service provider.”...

DTI to provide assistance to MSMEs affected by Boracay closure

The Department of Trade and Industry is looking to boost its livelihood programs in Boracay to especially assist micro, small, and medium entrepreneurs (MSMEs)...

DTI eyes 11% halal share in RP’s total exports

DAVAO CITY — The Department of Trade and Industry (DTI) is eyeing to bring back the share of halal commodities in total Philippine exports...

Approved investment pledges surge by 53% in first quarter

Approved investment pledges in the first quarter of 2018 surged by more than half from a year ago, according to the Department of Trade...

Halal board set to unveil road map during first National Halal...

THE government is set to reveal next week its strategic roadmap which was crafted with the aim of boosting the export of halal products. In...

DTI identifies programs that will help workers affected by Boracay closure

The Department of Trade and Industry (DTI) once again assured that it has identified initiatives to cushion the impact to workers and entrepreneurs of...

Improving the local logistics industry

Logistics is defined as the integration of transport, warehousing, freight forwarding and information services. Along with competitiveness of products and services, efficient logistics services...

Government cites legal hurdles in planned EO to abolish endo

The Department of Trade and Industry says government will face legal challenges in crafting a law that will end labor contractualization. "There simply is difficulty...

DTI starts probe of substandard rebar sold in Central Luzon

THE Department of Trade and Industry (DTI) started on Monday an investigation to verify reports of the sale of substandard rebar in Central Luzon. In...

DTI chief cites opportunity to tap fast-growing China market in Shanghai...

The Department of Trade and Industry (DTI) is expecting increased trade between the Philippines and China through the China International Import Expo (CIIE) which...

Uplifting the MSMEs

By Romsanne R. Ortiguero The Philippines is considered as one of the fastest-growing economies in Asia, and one of the critical drivers of this growth...