PH-China trade dialogue eyed this year Trade Secretary Ramon Lopez said they are hopeful to convene the next trade and investment dialogue with China this year, four years after their last discussion in 2017 Indonesia Halal Law takes effect; PH, Indonesia to sign MOU for PH halal exports The Philippines and Indonesia are working on a Memorandum of Understanding (MoU) to help Philippine exporters comply with Indonesia’s Law 33/2014 on Halal Product Assurance, now in effect. The MoU, now in its final stages, will facilitate trading of Halal-certified goods through a government-to-government arrangement. HPC plans to expand Philippine operations,…

  Bulacan hosts first pharma ecozone in PH The province of Bulacan now hosts the country’s first pharmaceutical economic zone at the First Bulacan Business Park (FBBP) in Malolos City PH eyes renewal of US trade preference grant The Department of Trade and Industry (DTI) hopes the United States will renew the Generalized System of Preferences (GSP) grant to the country after it expired at the end-2020. CREATE Act to spur knowledge-based sectors to do business in PH The soon-to-be enacted Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill will open numerous doors of opportunities for the Philippines and…

DTI adjusts cement safeguard duty in 2021 The Department of Trade and Industry (DTI) is adjusting safeguard duty for imported cement this 2021 for the second year of the imposition of the trade remedy DTI partners with the Cebu Provincial Government in rebuilding Cebu’s economy In response to the COVID-19 health crisis that resulted in the extensive loss of jobs and incomes, the Cebu Provincial Government, in partnership with the Department of Trade and Industry (DTI) Region 7 and the Mandaue Chamber of Commerce and Industry (MCCI), launched the “SUGBO Negosyo” livelihood assistance for micro-entrepreneurs. DTI leverages business registration services…