Home Tags DTI

Tag: DTI

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...

DTI open to lowering capital threshold for foreign retail business owners

THE DEPARTMENT of Trade and Industry is open to lowering the paid-up capital threshold for foreigners to own retail businesses in the country to...

Gov’t looking to ease business processes

By Arra B. Francia, Reporter THE Department of Trade Industry (DTI) looks to enhance the ease of doing business in the country with the use...

DTI: Free trade deal with EFTA states means more investments

The Department of Trade and Industry is expecting more investments coming from four European countries after the senate on Monday ratified the Philippines-European Free...

DoF sees 2018 inflation staying within 4% range

THE Department of Finance (DoF) said inflation is expected to be contained at the high end of the target range, or 4%, for the...

Davao’s cacao beans to reach Japanese market — DTI

The Department of Trade and Industry (DTI) eyes better growth in the local cacao sector as Japanese department store giant Isetan Mitsukoshi Group will...

DTI reports progress in free trade talks with US

The Department of Trade and Industry is expecting to see a considerable progress within one to two years amid the country's attempt to seal...

DTI conducts special price monitoring in Davao groceries

DAVAO CITY — Department of Trade and Industry (DTI) Secretary Ramon M. Lopez conducted a special price monitoring yesterday in two groceries in this...

New law prohibits expiry dates on gift checks

PRESIDENT Rodrigo R. Duterte has signed a law prohibiting the “issuance of a gift check that bears an expiry date” and “imposing an expiry...

Russian company considering Bataan pipe-coatings facility

MOSCOW-based BT SVAP LLC is interested in building a pipe-coatings facility in Bataan, the Department of Industry (DTI) said. The DTI said in a statement...

Local products get a boost at Shopwise

IN A bid to make local products from micro, small and medium enterprises (MSMEs) available to the general population, the Department of Trade and...

DTI to tighten watch on food prices as Christmas draws near

THE Department of Trade and Industry (DTI) said it will monitor prices of commodities, particularly of food items such as those for Noche Buena,...

ASEAN claims ‘significant progress’ on RCEP

THE Association of Southeast Asian Nations (ASEAN) has achieved many of the items on its economic agenda and made major progress in bringing forward...

P1 billion each allocated for MSMEs programs in 2018 budget

SENATE FINANCE committee chair Loren B. Legarda in a statement on Saturday, Oct. 28, said she has allocated to the 2018 budget P1 billion...

Construction worker shortage ‘about 2.5M’ – DTI

THE construction industry estimates that it will need 2.5 million more workers to deal with the government’s infrastructure program, a Department of Trade and...

DTI to study gov’t support for startups

THE Department of Trade and Industry will be looking into how to boost the startup industry in the Philippines to attract more investors and...

Industry groups want post-shipment testing on steel, cement imports retained

By Anna Gabriela A. Mogato INDUSTRY groups in a press briefing scheduled Monday, Oct. 16, are expected to appeal anew to the Department of Trade...

DTI to expand cacao output nationwide Davao attracts European chocolate makers

DAVAO CITY – With several European chocolate makers now looking into sourcing cacao beans from the Davao Region, which accounts for about 80% of...

Network launched for ASEAN young entrepreneurs

By Anna Gabriela A. Mogato THE official network for young entrepreneurs under the Association of Southeast Asian Nations (ASEAN) was launched on Tuesday to boost...

RCEP partners considering options to move forward on deal

THE 10 member states of the Association of Southeast Asian Nations (ASEAN) and the six countries with which the economic bloc has free trade...

‘Strong incentive’ for RCEP deal seen — DTI

THE COUNTRIES negotiating the Regional Comprehensive Economic Partnership (RCEP) have no choice but to resolve contentious issues relating to the creation of the economic...

Halal exports expected to surge in 2018

THE Department of Trade and Industry (DTI) expects halal exports to hit $1.4 billion in 2018, up from around $800 million this year, after...

Coffee stakeholders want industry council, pricing system

DAVAO CITY -- With the National Coffee Roadmap 2017-2022 in place, stakeholders are now aiming to establish an industry council within the year and...