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DTI extends rent grace period following extension of ECQ

THE Department of Trade and Industry (DTI) said the rent deferment grace period for commercial and residential tenants in force during the original enhanced...

Landlords cannot evict tenants amid coronavirus crisis — DTI

LANDLORDS and lessors are not allowed to evict their tenants, particularly small businesses, who are unable to pay either residential or commercial rent within...

DTI says price freeze covers virtual vendors, individual sellers

THE DEPARTMENT of Trade and Industry (DTI) said virtual vendors and individual sellers are included in the 60-day price freeze imposed by the government.

Meat processors warn of severe meat shortage during lockdown

MEAT processors told the Department of Trade and Industry (DTI) that they were expecting a “severe” shortage of meat products by the middle of April, as their inventories of finished products and supplies of raw goods could last for just up to two weeks during the month-long enhanced community quarantine period.

DTI says price freeze on basic goods in effect for 60...

THE Department of Trade and Industry (DTI) announced a nationwide price freeze on basic goods after the country was placed under a state of public health emergency amid a novel coronavirus outbreak.

Food industry seeking to expand Mideast footprint via Gulf fair

THE Philippines is seeking to expand the reach of its products in the Middle East, the Trade department said on Friday.

DTI offers loans to shops near Taal Volcano

THE Department of Trade and Industry (DTI) is offering P50 million in loans to businesses that will either rebuild structures damaged by Taal Volcano’s eruptions or relocate there.

DTI no longer pursuing safeguard duties on ceramic tile imports

THE Department of Trade and Industry (DTI) will no longer apply safeguard measures on ceramic floor and wall tile imports, Trade Secretary Ramon M. Lopez told reporters last Friday.

DTI assists more than 100,000 micro-entrepreneurs via P3 program

THE DEPARTMENT of Trade and Industry (DTI) has assisted over 110,000 micro-entrepreneurs after releasing P5.1 billion worth of loans through its Pondo sa Pagbabago at Pag-asenso (P3) program.

DTI renews partnership deal with microlender CARD

THE Center for Agriculture and Rural Development Inc. (CARD) is committing an additional P100 million pesos to its micro-financing partnership with the Department of Trade and Industry (DTI).

PHL builds P300-M Dubai Expo pavilion

DUBAI — The Philippines is allocating P300 million to build a pavilion at the Dubai World Expo, which is scheduled to open in 2020.

Pushing the local export industry forward

This first week of December, the Department of Trade and Industry (DTI) through the Export Marketing Bureau (EMB), together with the Philippine Exporters Confederation...

Innovative-startup law IRR signed

THREE government agencies signed Friday the implementing rules and regulations (IRR) for the Innovative Startup Act or Republic Act 11337, which provides tax breaks and removes registration barriers for startup companies.

Christmas product prices steady, DTI says

THE prices of 134 products that many Filipinos consume during the Christmas holidays have remained stable, the Trade department said on Friday.

DTI tells Iloilo SMEs: Be online, target millennials

THE DEPARTMENT of Trade and Industry (DTI) in Iloilo province is urging small- and medium-scale enterprises (SMEs) to have an online presence and target millennials to expand their markets.

DTI underscores sustainability in barangay rounds for SMEs

THE DEPARTMENT of Trade and Industry (DTI) in Iloilo province has so far covered 78 barangays with 8,714 participants in its capacity-building program for small and medium enterprises (SMEs) outside the urban areas.

DTI bats for duty-free parts imports for Lufthansa aircraft repair unit

TRADE Secretary Ramon M. Lopez said an aircraft maintenance and repair company, Lufthansa Technik Philippines (LTP), should enjoy tax-free and duty-free spare parts imports under the proposed Comprehensive Income Tax and Incentives Rationalization Act (CITIRA).

Navigating new opportunities in commerce

Winning together in the fourth industrial revolution By Mark Louis F. Ferrolino, Special Features Writer People are becoming more sophisticated; they now demand for faster and more...

DTI brings local brands to Dubai

THE DEPARTMENT of Trade and Industry (DTI) and the Philippine Trade and Investment Center (PTIC) organized a business mission with 14 Philippine lifestyle businesses to Dubai this week, according to a statement from DTI.

DTI slaps higher duties on imported cement

THE Department of Trade and Industry (DTI) has ordered the imposition of definitive general safeguard duty on imported cement for three years to prevent the “threat of serious injury” on local cement products.

DTI taps more credit delivery partners for P3 program

THE government is boosting its Pondo sa Pagbabago at Pag-asenso (P3) program with an expanded network of credit delivery partners to help micro, small and medium enterprises (MSMEs) access loans more easily.

Here’s the lowdown on the Innovative Startup Act

Republic Act No. 1137, previously signed by President Duterte on April 26, has finally been released to the media, aiming to “strengthen, promote, and...

DTI tells ‘tech-savvy’ young entrepreneurs to help develop AI industry

TRADE SECRETARY Ramon M. Lopez rallied young entrepreneurs to utilize technology for coming up with new business enterprises, especially in helping the country develop the artificial intelligence (AI) industry.

Good Design Award Philippines highlights ‘malasakit’ as central to design excellence

In its inaugural run of the Good Design Award Philippines, the Design Center of the Philippines is recognizing outstanding local objects, systems, places, and...

DTI, DICT tap blockchain firm

MONSOON Blockchain Storage, Inc. has partnered with two government agencies to provide support and consultancy services on how to leverage blockchain technology in various areas of operations.

DTI says corruption in gov’t now more reportable under new law

THE Department of Trade and Industry (DTI) encouraged Cebu-based businesses to file complaints and report on corrupt practices they encounter in government transactions.

DTI highlights the Premium 7 food products at this years IFEX

THE International Food Exchange (IFEX), is going to run from May 24 to 26 in the World Trade Center Manila, and if you are going remember the following seven words: banana, cacao, coffee, coconut, mango, pineapple, and tuna. These, according to the Center for International Trade Expositions and Missions (CITEM), are the country’s Premium 7. The Premium 7 were selected as the country’s top food exports, based on supply, according to CITEM’s Executive Director Pauline Juan.

From dump to desk: upcycling pineapple waste into specialty paper

The Design Center of the Philippines, an attached agency to the Department of Trade and Industry committed to strengthening the Philippines’ design ecosystem, recently...

Why innovation should matter to creative entrepreneurs

Go Negosyo’s Mentor Me on Wheels provides free mentorship to creative MSMEs

2019 Ramadhan Trade Fair opens applications for exhibitors

THE DEPARTMENT of Trade and Industry in the Bangsamoro Autonomous Region in Muslim Mindanao (DTI-BARMM) announced yesterday that entrepreneurs may now submit their applications to be among the exhibitors during the 1st BARMM Ramadhan Trade Fair 2019.

Construction spending growth seen slowing due to election ban, budget

THE Department of Trade and Industry (DTI) expects growth in the “low teens” for the construction sector this year, slower than the nearly 16% posted in 2018, due to the election ban on public infrastructure projects and the delayed 2019 budget.

DTI order out reenlisting flat glass in mandatory standards

THE Department of Trade and Industry (DTI) said it has signed an order reviving the mandatory testing and certification of flat glass and other subproducts before market entry to ensure the safety of consumers.

Dutch shipbuilding firm eyes PHL investment

THE government said a Dutch shipbuilding company is taking an interest in investing in the Philippines, and among the options it is looking into is working with the Philippine Navy and taking over the facility of Hanjin Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Philippines) in Subic, Zambales.

DTI’s latest SRP list reflects 1-5% price hikes in some commodities

THE Department of Trade and Industry (DTI) released its updated suggested retail price (SRP) list of basic necessities and prime commodities (BNPCs), which reflected price increases in 23% of the items on the list.

PCC, DTI sign MoA on data-sharing, other monitoring components

THE Philippine Competition Commission and the Department of Trade and Industry signed on Friday a memorandum of agreement (MoA) aimed at facilitating data-sharing between the two agencies and ensuring fair competition among the industries on their watch.

DTI to expand Pondo Para sa Pagbabago

THE Department of Trade and Industry (DTI) said it aims to cover more micro enterprises and entrepreneurs under its Pondo Para sa Pagbabago (P3) after meeting its initial goal.

DTI to investigate surge in ceramic floor, wall tiles imports

THE Department of Trade and Industry (DTI) will conduct a preliminary investigation on the surge in imports of ceramic floor and wall tiles after domestic manufacturers said these excessive shipments are hurting the local market.

DTI bans sale of uncertified steel bars

THE Department of Trade and Industry (DTI) said it imposed new rules covering the product safety (PS) certification of certain steel bar products.

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.