Tag Archives: DTI

PLDT, Go Negosyo to empower MSMEs in e-commerce

Trade Secretary Ramon Lopez, Go Negosyo founder Joey Concepcion and PLDT chair Manny Pangilinan at the 2016 launch of the Kapatid Project, which aims to encourage big business to come up with programs that will benefit the micro and small businesses. The project is an initiative of the Philippine Center for Entrepreneurship, Go Negosyo in partnership with the Department of Trade and Industry. (Inquirer.net)

(Source: Inquirer.net | February 12, 2018) Local telecommunications giant PLDT has teamed up with entrepreneurship advocate Go Negosyo to empower micro, small and medium entrepreneurs (MSME) with e-commerce capabilities, thereby allowing them to thrive in the digital marketplace. With this partnership, PLDT and its digital innovations arm Voyager Innovations (Voyager) aim to support the program of the Department of Trade ...

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Duterte approves non-expiry act for gift checks

gift cheque

(Source: CNN Philippines | December 29, 2017) President Rodrigo Duterte has approved a law prohibiting the expiry of gift checks. Republic Act 10962, or the “Gift Check Act of 2017,” prohibits businesses from issuing gift checks with expiry dates. The law was drafted on the principle that “consumers must not be unduly deprived of the value of their money.” Under ...

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Fiestamall sells quality Pinoy products via ‘Go Lokal!’

Golokal Fiestamall

(Source: Business Mirror | December 25, 2017 Quality Filipino products are now being sold at the Duty Free Fiestamall, previously a haven of imported and luxury brands. This developed as the government-owned Duty Free Philippines Corp. (DFPC), in partnership with the Department of Trade and Industry (DTI), last week launched “Go Lokal!,” a retail-concept store showcasing quality products created by ...

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DTI chief backs retail trade lib

Photo from: gonegosyo.net

(Source: inquirer.net | October 12, 2017) Trade and Industry Secretary Ramon Lopez is supporting the plan to further liberalize the retail trade industry in favor of foreign investors, setting aside the appeals of local business groups who warned this would harm local micro, small and medium-sized enterprises (MSMEs). Lopez told reporters that a more open retail trade industry would lead ...

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DTI pushes Filipino products to markets

(Source: DTI website)

(Source: Manila Times | September 30, 2017) The Department of Trade and Industry (DTI) held a Go Lokal! event in Makati City recently to help bring local products closer to Filipinos. Go Lokal! is a free marketing avenue provided by the DTI and its retail partners for the incubation, marketing and branding of Filipino entrepreneurs’ products. “It is about new products that ...

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‘Market forces’ may set suggested retail prices – DTI draft order

(Source: philstar.com)

(Source: GMA Network | June 201, 2017) The Department of Trade and Industry (DTI) on Tuesday said its plan to streamline the process of approving suggested retail prices (SRPs) of basic necessities and prime commodities entails leaving it up to market forces. Under a draft Department Administrative Order (DAO), the department will allow “market forces to determine the movement in ...

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DTI partners with retailers to promote Go Lokal! products

05-24 Go-Lokal-Robinsons-Manila

(Source: Inquirer.net | 22 May 2017) From the onset, Trade and Industry Secretary Ramon M. Lopez has put micro, small, and medium enterprises (MSMEs) at the front and center of his advocacies as head of the department. But when you’re advocating for the demographic that accounts for nearly all, or 99.6 percent, of firms in the country, it may be ...

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DTI-Citem kicks off G-Mart Program to connect PHL firms to international retail giants


(Source: Business Mirror | 16 May 2017) The Center for International Trade Expositions and Missions (Citem), the export promotion arm of the Department of Trade and Industry (DTI), prepares local companies to get more export deals in the global private label market during IFEX Philippines from May 19 to 21 at the World Trade Center, Metro Manila. “Under the Grocers ...

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DTI cuts bureaucratic red tape on SRP setting

Photo from: gonegosyo.net

(Source: DTI.gov.ph) Department of Trade and Industry (DTI) Secretary Ramon Lopez on April 5 convened the National Price Coordinating Council (NPCC) to closely evaluate the price and supply situation of basic necessities and prime commodities during the first quarter of this year. During the meeting, DTI discussed its stand to deregulate the setting of Suggested Retail Prices (SRP) on certain ...

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DTI Sec wants gov’t to stop setting SRP for prime commodities


(Source: Business Mirror | 29 March 2017) Trade Secretary Ramon Lopez said he intends to review the legislation that grants the Department of Trade and Industry (DTI) the authority to set the suggested retail prices (SRPs) for prime commodities. “We’ll let the market decide. Setting of the SRPs is a company decision; and supermarkets, more often than not, follow the ...

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