Tag: DTI

Price of bread and noodles may go down

The Department of Trade and Industry (DTI) said that there is a big possibility that the price of noodles or pasta and bread may go down due to the lowering of the price of wheat in the world market. The said department is already meeting with bakers and flour millers to discuss said possibility. The DTI is also already taking action against those establishments who did not follow the agreed-upon lowering of price of said […]

Economic empowerment for women through MSMEs

QUEZON CITY, Sep. 30 (PIA) — The business sector has been a strategic venue for women in achieving inclusive and sustainable economic growth. Department of Trade and Industry (DTI) Undersecretary Nora Terrado said this during a strategic dialogue held recently, titled “Economies that work for Women,” which was organized by UN Women. “Women are key players in the micro, small and medium sector that comprise ninety-nine (99%) of the country’s businesses,” Terrado said, speaking in behalf […]

Phl well positioned for full economic integration into the AEC by 2016

(Eagle News) — Trade and Industry Secretary Gregory Domingo said the Philippines is well positioned for full economic integration into the ASEAN Economic Community (AEC)  by next year. In a statement during the recently held Wharton and Penn Alumni Association meeting, Domingo also noted how the Philippines can surpass other ASEAN countries if it steps up efforts in improving competitiveness and the capability of local industries. He projected the Philippines to be ranked among the […]

Aquino hopes DTI Sec Domingo will stay on until after APEC summit in November

  (Eagle News) – President Benigno Aquino III said he is hoping Trade and Industry Secretary Gregory Domingo will finish work related to the country’s hosting of the Asia Pacific Economic Cooperation (APEC) summit in November before he leaves the government to go back to the private sector. The President said he is set to meet with Domingo this week to discuss the latter’s resignation. The President confirmed that Domingo had indeed submitted his resignation […]

Trade secretary Domingo has resigned, Palace confirms

  (Eagle News) – Malacanang on Saturday confirmed that Department of Trade and Industry (DTI) Secretary Gregory Domingo has quit the Cabinet. Communications Secretary Herminio Coloma, Jr. relayed the information to Palace reporters Saturday afternoon (Sept. 12) upon verifying it with Executive Secretary Paquito Ochoa, Jr. Coloma said President Benigno S. Aquino III is yet to respond on the matter. “According to Executive Secretary Paquito N. Ochoa, Jr., Secretary Gregory Domingo has submitted his resignation […]

DTI shares safety tips for online shopping

DAGUPAN CITY, August 24 (PIA) – While recognizing the contribution of online shopping to an active economy, the Department of Trade and Industry (DTI) cautions buyers against fraud and scams when shopping online. Provincial Director Peter Mangabat of DTI-Pangasinan warned consumers to be wary of online sellers that have no business name, address, help desk, live chat or contact details as these unscrupulous individuals take advantage of others when selling goods through the internet. Mangabat mentioned […]

Government intensifies drive against proliferation of investment scams

MANILA, Aug. 18 — The government is intensifying drive against proliferating investment scams, Presidential Communications Operations Office Secretary Herminio Coloma, Jr., said on Sunday. “Pinaiigting ng ating Department of Trade and Industry (DTI) sa pamamagitan ng Consumers’ Protection and Advocacy Bureau at ng Securities and Exchange Commission (SEC), sa pamamagitan ng kanilang Enforcement and Investor Protection Department, ang mga hakbang para balaan ang ating mga mamamayan na huwag magpaloko sa mga pyramid scam, Ponzi scam, at […]

DTI investigates conspiracy between flour millers and bakeries

MANILA, Philippines (Eagle News) – Despite the decrease on the price of wheat on the world market, the price of bread remains high in the local markets which compelled the Department of Trade and Industry to investigate local flour millers and bakeries for a possible conspiracy to maintain high prices. (Eagle News Service Jay Paul Carlos, Dexter Magno, Vince Alvin Villarin) https://youtu.be/OTYUcQ0L6aM

DTI-Sarangani rolls out i-PMDP

ALABEL, Sarangani, (PIA) –  The Department of  Trade and Industry (DTI) – Sarangani provincial office  is  pushing  among local micro, small and medium enterprises (MSMEs) engaged in food processing  its Integrated Product and Market Development Project (i-PMDP),  an enhanced  business development program. Processed food cluster is one of the prioritized sub-sectors under DTI’s industry clustering strategy. Engr. Nenita Barroso, DTI provincial director, said i-PMPD seeks to increase and sustain the supply of exportable-quality processed products of the province […]

DTI guarantees food supply

The Department of Trade and Industry (DTI) is coordinating with the manufacturers of canned sardines, noodles, candles and others to ensure that there is an ample supply of said products in areas ravaged by super-typhoon “Ruby”.

DTI calls on producers to roll back prices as world oil prices drop

MAKATI, Dec 3 — Trade and Industry Secretary Gregory L. Domingo is calling on producers to make adjustments on the prices of their products commensurate to the decrease in transportation costs they are realizing due to the drop in world oil products. “Filipino consumers,” he says, “should also benefit from the continuous fall in world oil prices that have gone down some 30 percent since June this year.” Secretary Domingo has instructed the DTI’s Consumer […]