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Imported vehicle sales declined 48.7% in the eight months to August this year and broke a month-on-month uptick due to the two-week stricter lockdown last month.
Sumitomo Wiring Systems, Ltd. has broken ground for a new wiring factory in Binalonan, Pangasinan that is expected to create around 10,000 jobs.
THE Small Business Corp. (SB Corp.) will seek bank financing to expand its available funds for lending to small businesses, and plans to deploy part of its P10-billion budget from the Bayanihan to Recover As One Act (Bayanihan II) to pay for interest, the Department of Trade and Industry (DTI) said.
LEGISLATORS said they are considering increasing the funding for the Trade department’s loan fund to aid in the recovery of small businesses affected by the lockdown from its current proposed level of P1.5 billion.
THE Department of Trade and Industry (DTI) has notified the World Trade Organization (WTO) about its plan to look into possible safeguard measures against imports of resin products.
THE Department of Trade and Industry (DTI) said it will look into the imposition of safeguard measures on resin products after receiving a claim from JG Summit Petrochemical Corp. (JGSPC) that it has been harmed by unfair competition from imports.
ONLINE business registrations and complaints surged after the government locked down Luzon starting in mid-March to contain a coronavirus pandemic, according to the Department of Trade and Industry (DTI).
THE Trade department is asking for a ban on poultry products from Brazil to be lifted, after meat processors said such a ban could lead to food shortages.
FREE TRADE agreement (FTA) negotiations between the Philippines and South Korea are still due to conclude this year despite delays caused by the pandemic, the Department of Trade and Industry (DTI) said.
THE Department of Trade and Industry (DTI) is working on implementing local preference for government procurement of personal protective equipment (PPE).
Senior citizen discounts are also honored in online and proxy transactions, reminded the Department of Trade and Industry (DTI) during a consumer care session held on August 20.
THE Department of Trade and Industry (DTI) has proposed fiscal incentives for companies to retain employment and relocate to the provinces, addressing areas not tackled by the Bayanihan II stimulus bills now being harmonized in bicameral conference sessions.
THE Department of Trade and Industry (DTI) said it will be accepting new applications for its small business loan program after obtaining additional funding from state banks.
THE Trade department said it will propose to allow the reopening of review centers and gyms under current quarantine settings.
PRIVATE emissions testing centers will be given an extended deadline to renew their accreditation, permitting them to continue operating during the lockdown.
THE Trade department is requesting P500 million to fund equipment to be shared by micro, small, and medium-sized enterprises (MSME) in 2021.
SMALL-BUSINESS LOAN applications filed with the Department of Trade and Industry’s (DTI) financing arm are now triple the initial funding allocated, triggering a scramble to increase the size of the facility offered with the support of state banks.
RESTAURANTS with dine-in operations will now be allowed to serve each customer up to two alcoholic beverages, the Department of Trade and Industry (DTI) said.
ONLY BARTER pursued on a commercial scale is subject to tax and must be registered with the government, while trades at the individual level may proceed without penalty, Trade Secretary Ramon M. Lopez said.
THE Department of Trade and Industry (DTI) said more automation and digitization after the pandemic will help companies survive, and pressed the private sector to take advantage of the “opportunity” to modernize operations to be ready for the so-called Fourth Industrial Revolution.
Consumer complaints involving online transactions rose by 89.99% during the enhanced community quarantine (ECQ), shared the Department of Trade and Industry (DTI).
by Mariel Alison L. Aguinaldo Parties who made payments for events that were canceled or scaled down prior to community quarantine have the right to...
THE Department of Trade and Industry (DTI) issued a warning to delivery company PH Global Jet Express, Inc. or J&T Express over its alleged mishandling of packages, and ruled that merchants will be responsible for replacing damaged products.
THE Department of Trade and Industry (DTI) has lifted the buyer limit on essential goods like food and hygiene products imposed during the lockdown, while also easing the restrictions on disinfectant liquids.
THE Trade department’s export marketing arm is planning a P25-million program to connect small businesses to consumers in the United States through e-commerce.
COMPLAINTS involving online transactions rose to 8,059 at the height of the lockdown from 985 in the three months to March, the Department of Trade and Industry (DTI) said.
BUSINESSES have been granted a 30-day grace period on rent payments counting from the date businesses are permitted to operate, the Department of Trade and Industry (DTI) said.
THE Department of Trade and Industry (DTI) said restaurants resuming dine-in service may not offer buffets and must put up table partitions and mark floors to ensure proper social distancing.
THE trade department said it will offer livelihood kits with seed capital of between P5,000 and P15,000 for participants in the Balik Probinsya program, to help them start businesses after leaving the cities.
PwC Philippines, DTI, QBO, and IdeaSpace shared the 2020 Philippine Startup Survey: COVID Edition
TRADE Secretary Ramon M. Lopez said companies must pay for the testing of their employees for the coronavirus disease 2019 (COVID-19), which he said will be included in new business health protocols.
THE Department of Trade and Industry’s Export Marketing Bureau (DTI-EMB) is urging exporters to reach out to domestic markets via e-commerce as their traditional markets could face disruptions due to the coronavirus disease 2019 (COVID-19) pandemic.
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 and lessors are not allowed to evict their tenants, particularly small businesses, who are unable to pay either residential or commercial rent within...
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 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.
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.
THE Philippines is seeking to expand the reach of its products in the Middle East, the Trade department said on Friday.