ANNA LEAH E. GONZALES

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After President Rodrigo Duterte approved a free trade agreement between the Philippines and the European Free Trade Association (EFTA) last month, the Department of Trade and Industry (DTI) is hoping the Senate will affirm it without delay. In a recent roundtable discussion with reporters, Trade Undersecretary Perry Rodolfo said “[j]ust…

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People around the world will look to Asia and other “exotic regions” for new flavors and tastes this year, McCormick & Co. Inc. said. In its “Flavor Forecast 2018” report, McCormick identified several flavor trends, of which many are their cue from Asian cuisines. “This year’s Flavor Forecast highlights the…

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AT least 24 entrepreneurs in Marawi City received Pondo sa Pagbabago at Pag-asenso (P3) loans from the Small Business (SB) Corp. to help them rebuild not only their businesses, but also revive the war-scarred city’s business environment, the Department of Trade and Industry (DTI) said on Friday. The department’s microfinancing…

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Personal information controllers (PICs) in the country have until March 31, 2018 to submit their 2017Annual Security Incident Report to the National Privacy Commission (NPC), the agency said. Under Philippine data privacy laws, a PIC is a person or organization, both public and private, that controls the collection, holding, processing…

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The Investments Promotion Unit Network (Ipunet) agreed to amend a deal signed by its member-agencies in April 2007 to include provisions for greater accountability in facilitating and resolving investment-related issues. Ipunet is a group of 28 government agencies tasked to further ease doing business in the Philippines to complement investment-promotion…

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TRADE Secretary Ramon Lopez said the government would deploy teams to monitor prices of goods in supermarkets and groceries and make sure that there would be no drastic adjustments on the old stocks being sold because the new tax reform law did not cover them. “The DTI already deployed teams…

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The Department of Trade and Industry (DTI) is expected to order retailers today not to raise the prices of sugar-sweetened beverages until January 15 as old stocks should not be affected by the implementation of the Tax Reform for Acceleration and Inclusion Act (Train). Trade Secretary Ramon Lopez told reporters…

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HYUNDAI Asia Resources, Inc. (HARI) will be opening a new dealership in Marikina City, along Sumulong Highway, to meet the motoring needs of the community. Top executives from HARI and Shaw Automotive Resources, Inc. (SARI) recently led the groundbreaking ceremony for the dealership. “We see the opportunity to further mobilize…

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The Philippines’ so-called Golden Age of Infrastructure presents great prospects for the construction industry to show its capability to participate in nation-building, Trade Secretary Ramon Lopez said. His statement came after the government committed to approve and implement more major infrastructure projects. It also came as investments in the sector…

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A delegation of 11 businessmen from Hong Kong expressed optimism about the Philippines’ investment prospects during a recent three-day visit to Manila, the Department of Trade and Industry (DTI) said on Friday. Representing key business chambers, infrastructure and manufacturing companies, and the banking community, the delegates conducted due diligence here,…

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