DTI open to discuss steelmakers’ plea to ban induction furnaces

THE DEPARTMENT of Trade and Industry (DTI) has expressed openness to discussing a proposal from the steelmakers' group to ban the use of induction furnaces in local steel production.

Ozamiz City leaps from 106th to 44th in DTI’s competitiveness index, now PH’s 2nd ‘most improved’ component city

Ozamiz City Mayor Indy Oaminal expressed his gratitude on behalf of the LGU as it was recognized as the 2nd ‘Most Improved’ component city in the Department of Trade and Industry’s 2024 Cities and Municipalities Competitiveness Index (CMCI).

THE OZAMIZ City local government unit (LGU) was recognized by the Department of Trade and Industry (DTI) as the 2nd Most Improved component city in its 2024 Cities and Municipalities Competitiveness Index (CMCI).

BPI Foundation and BanKo join forces with DTI to support MSMEs

THE BANK of the Philippine Islands (BPI), through its social development arm, BPI Foundation (BPIF), in collaboration with the Department of Trade and Industry’s (DTI) Philippine Trade Training Center-Global MSME Academy (PTTC-GMEA), is set to conduct its third run of the training program for small and micro-enterprises (SMEs) in four new regions (Regions II, III, VII, and IX) this 2024.

DBM OKs P110-M funding for Malikhaing Pinoy Program

THE DEPARTMENT of Budget and Management (DBM) has approved the release of PHP110 million for the implementation of the Malikhaing Pinoy Program, as requested by the Department of Trade and Industry (DTI) to promote the Philippine creative industry.

Cebu City eyes investors for creative district

A screenshot of Cebu City Creative District
Architectural (Paul Anthony Libres).

THE LOCAL government here is seeking investors to develop the Cebu City Creative District, a 150-hectare project within the North Reclamation.

DTI warns establishments of price freeze violations

CEBU CITY – The Department of Trade and Industry (DTI) in Central Visayas has warned business owners of violating the government’s price freeze order despite the weakening of the El Niño phenomenon.

PBBM assures El Niño aid to reach even the farthest parts of PH

PRESIDENT FERDINAND R. Marcos Jr. on Thursday assured the public that government programs and assistance will reach even the farthest and remotest parts of the archipelago to help cushion the impact of the El Niño phenomenon.

IRRs of Tatak Pinoy, Internet Transactions laws signed

DEPARTMENT OF Trade and Industry (DTI) Secretary Alfredo Pascual on Wednesday led the signing of the Implementing Rules and Regulations (IRRs) of the Tatak Pinoy (Proudly Filipino) Act and the Internet Transactions Act (ITA), laws that are set to transform the Philippine e-commerce landscape and promote Filipino products and services on a global scale.

Teodoro warns hoarders, price manipulators ahead of La Niña

WITH THE country soon to transition to the La Niña weather phenomenon, Department of National Defense (DND) Secretary Gilberto C. Teodoro Jr. on Sunday said the government will crack down hard on hoarders and price manipulators out to victimize the public.

US firms diversifying supply chain benefits PH: DTI

DEPARTMENT OF Trade and Industry (DTI) Alfredo Pascual said the Philippines is benefitting from the policy of the United States government urging their companies to diversify their supply chain outside China.

Marcos to DA: Ease importation process of agri products

PRESIDENT FERDINAND R. Marcos Jr. has ordered the Department of Agriculture (DA) to further streamline administrative procedures and policies on the importation of agricultural products and remove non-tariff barriers to help ensure food security.

RE investments dominate P1.9-T green lane projects

DEPARTMENT OF Trade and Industry (DTI) Secretary Alfredo Pascual said Tuesday 51 out of 59 projects endorsed for green lane treatment are in the renewables sector.

PH hits record-high goods, services exports in 2023 at $104B

DESPITE GLOBAL trade challenges, Philippine exports surpassed the USD100-billion mark in 2023, an all-time high revenue for the country’s outbound trade.

P14-B copper mining project from PBBM’s Aussie trip secures permit

FOR THE first time in 15 years, the Philippine government granted permit to the copper mining project of Perth-based Celsius Resources with initial investments of USD253 million, or around PHP14 billion.

Lufthansa presents PHP8-B Clark expansion plan to PBBM in Germany trip

GERMAN AIRLINE Lufthansa’s unit in the Philippines has presented the first phase of its expansion plans in the country to President Ferdinand R. Marcos Jr., who recently concluded his official trip to Berlin.

PH accepts WTO’s fisheries subsidies deal

THE PHILIPPINES, through the Department of Agriculture (DA) and the Department of Trade and Industry (DTI), has acceded to the World Trade Organization’s (WTO) fisheries subsidies agreement (FSA).

PH pitches mineral processing, halal to visiting Indonesian biz

DEPARTMENT OF Trade and Industry (DTI) Secretary Alfredo Pascual has pitched mineral processing, halal, and creative industries as sectors where the Philippines and Indonesia could further collaborate.

DTI: Small percentage of basic goods to increase SRPs

THE DEPARTMENT of Trade and Industry (DTI) has concurred with the request of some manufacturers to increase suggested retail prices (SRPs) of products under basic necessities and prime commodities (BNPC).

PH eyes higher share in creative industries, roadmap for food security

THE PHILIPPINES is eyeing partnerships with Japan and other countries to increase its share in the global creative industries market, President Ferdinand R. Marcos Jr. said on Sunday.

PH to launch nat’l Halal strategy, eyes P230-B investments in 5 years

THE DEPARTMENT of Trade and Industry (DTI) on Thursday said the Philippines will be launching a national Halal strategy which aims to generate PHP230 billion in investments, create 120,000 jobs in five years, and support micro, small and medium enterprises (MSMEs) in becoming part of a global halal ecosystem before the end of this year.