MANILA—Philippine exports dropped to USD6.2 billion in July 2022, following the second month of decline in electronics exports, based on the preliminary data from the Philippine Statistics Authority (PSA). Electronics exports declined further by 7.9% in July 2022, USD291.5 million lower as compared to July 2021. Despite the decline, the electronics sector remains the country’s continue reading : PH export sales drop by 4.2% in July, breaking 16 months of sustained export growth
The Philippine merchandise exports started out strong this year, reflecting an increase of 8.9%, amounting to USD 6.04-B this month as compared to USD 5.55-B in January 2021, and even surpassed the 2020 pre-pandemic level by 4.16%, equivalent to USD 5.8-B. The said numbers were based on the preliminary data from the Philippine Statistics Authority continue reading : PH exports sustain growth for 11 consecutive months
MANILA—Paving the way to attract more investments in the Philippines, the ratification of the amendment to the Public Service Act (PSA) plays a vital role for the country to progress closer to economic recovery, the Department of Trade and Industry (DTI) Secretary and Board of Investments (BOI) Chairman Ramon Lopez said. “This is a monumental continue reading : Amended Public Service Act (PSA), a significant reform to fuel economic rebound–Trade Secretary
The Department of Trade and Industry – Board of Investments (DTI-BOI) reported that manufacturing output has rebounded, based on recent data released by the Philippine Statistics Authority (PSA) and IHS-Markit. This point toward industry stabilization as manufacturing output sees an upside in the months ahead with the ongoing rollout of the vaccination program and ease continue reading : DTI-BOI reports a rebound in manufacturing output
22 February 2020 via Zoom [Acknowledgements] Ladies and gentlemen, magandang hapon po sa inyong lahat. We would like to thank the Philippine Competition Commission (PCC) for inviting us to speak in today’s forum on how competition can build resilient supply chains and innovation spaces in today’s “New Normal.” The Department of Trade and Industry (DTI) remains committed to strengthening our country’s competitiveness by continue reading : Message of Secretary Ramon M. Lopez, 2021 Forum on Competition in Developing Countries (F-CDC)