Tag Archives: DTI

‘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

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(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

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(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

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(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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First Go Lokal! store opens in Robinsons Place Manila

(Photo from: Outoftownblog.com)

(Source: Manila Bulletin | 28 March 2017) Robinsons Department Store, in partnership with the Department of Trade and Industry (DTI) opens the first Go Lokal! store in Robinsons Place Manila. Robinsons Department Store, an affiliate of Robinsons Retail Holdings Inc., is the first mainstream outlet to launch Go Lokal!, a public-private collaboration between DTI and local retailer partners that aims ...

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Procter & Gamble funds sari-sari project

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(Source: Inside Retail Philippines | 13 February 2017) Consumer goods giant Procter & Gamble (P&G) has signed an agreement with the Philippines Department of Trade and Industry (DTI) to pilot a micro-entrepreneur development program. The Angat Kita sari-sari project will provide store owners with fundamental entrepreneurial knowledge and business seed capital. This will help them realise their full potential to ...

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Filipinos most optimistic consumers

Woman Holding Colored Shopping Bags In A Mall In Her Hand

(Source: Malaya Business Insight | 12 August 2016) Filipinos consumers are the most optimistic in the world and are increasing their savings for future spending, providing an opportunity for retailers. Trade Secretary Ramon Lopez, in his speech at the National Retailers Conference at the SMX Convention Center, also urged retailers to explore other trends like luxury retail as well as other ...

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DTI holds seminar to boost retailers’ profitability

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(Source: Sun Star Cagayan De Oro | 24 July 2016) The Department of Trade and Industry-Northern Mindanao, in cooperation with the Philippine Retailers’ Association, held its Roadshow Seminar dubbed “Modern Approaches in Managing Your Store Towards Profitability” at the Limketkai Luxe Hotel KAVE cafe on July 22, 2016. The seminar aimed to provide guidelines for local retailers of every region to ...

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DTI asks business stalls to apply for excellence seal

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(Source: Philippine Information Agency |February 8, 2016) The Department of Trade and Industry (DTI) in Pangasinan has urged business owners practicing good customer-service to apply for the Bagwis seal of excellence. Peter Mangabat, provincial director of DTI-Pangasinan, said all retail establishments are encouraged to join the Bagwis accreditation program that gives due recognition to business stalls practicing costumer welfare protection ...

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