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DTI focuses program on Lumads this year

MANILA — The Department of Trade and Industry (DTI) will be focusing its Strike Team Program for Indigenous Peoples (IPs) on lumads this year, Undersecretary for Regional Operations Group Zenaida Maglaya said. Maglaya said DTI will strengthen and expand the reach of Strike Team Program for IPs, now targeting the 20 poorest provinces in the …

More beneficiaries from DTI mentorship programs eyed

MANILA — The Department of Trade and Industry (DTI) aims to reach more Filipinos this year with its training programs to promote entrepreneurship. DTI Secretary Ramon Lopez said Monday the department will continue to strengthen its mentorship initiatives this 2018 by conducting more trainings and tapping more mentors to coach micro, small, and medium enterprises …

DTI seeks P2-B budget for livelihood initiatives in Marawi

MANILA — The Department of Trade and Industry (DTI) has sought about PHP2 billion to fund its initiatives to bring back livelihood activities in Marawi City and its nearby areas. DTI Undersecretary Zenaida Maglaya, in a briefing Monday, said the department has asked for about PHP2 billion as budget to roll out various projects in …

Gov’t provides shared service facilities to over 200K MSMEs

MANILA— Some 215,678 existing and potential micro, small, and medium enterprises (MSMEs) throughout the country have benefitted from the Shared Service Facility (SSF) Program of the Department of Trade and Industry (DTI). DTI Regional Operations Group (ROG) reported Thursday that the government has provided a total of 2,222 SSF amounting to PHP1.19 billion as of …

BOI eyes perks for biz investing in Marawi

MANILA— The Board of Investments (BOI) aims to give incentives to businesses investing in Marawi City by listing the former war-torn zone under the Less Developed Areas (LDA) of the Investment Priorities Plan (IPP). BOI on Friday said that the inclusion of Marawi City in the LDA will help in rehabilitation of the city, which …

DTI teams up with Google, IPGMB for MSME digitization

MANILA— The Department of Trade and Industry (DTI) has continued aits initiatives to help micro, small, and medium enterprises (MSMEs) increase their presence in digital platform. DTI has partnered with Google Philippines and IPG Mediabrands (IPGMB) Philippines, Inc. to promote the use of digital platforms to MSMEs for them to be more competitive and further …

Exporters optimistic to sustain revenue growth in 2018

MANILA — The Philippine Exporters Confederation, Inc. (Philexport), the umbrella organization of exporters in the country, expressed optimism that the sector’s positive growth in 2017 could be sustained this year. This is despite export revenues in November 2017 recording its slowest growth last year at 1.6 percent year-on-year. Data from the Philippine Statistics Authority (PSA) showed …

Construction materials’ wholesale price index in NCR eases in Dec ‘17

MANILA – The wholesale price index of construction materials in the National Capital Region (NCR) eased last December, compared to the previous month. Data released by the Philippine Statistics Authority (PSA) Thursday showed that the wholesale price index of construction materials last month was at 4.3 percent, lower than November 2017’s 4.7 percent; and 3.1 …

MDI calls for digital transformation

MANILA — A Philippine-based  information and communications technology solutions provider urges entrepreneurs to embrace digital transformation to maximize the advantages of new technologies to their business operations. Micro-D International, Inc. (MDI) Chief Executive Officer Myla Villanueva said adopting digital transformation trinity -design, physical space, and brand’s aspirations -would not only change the way entrepreneurs do …

Singaporean firm to design New Clark City

MANILA— A Singaporean consulting firm for urban, industrial, and infrastructure will make the detailed design of the New Clark City in Central Luzon, Bases Conversion and Development Authority (BCDA) said Monday. BCDA and Japan Overseas Infrastructure Investment Corp. for Transport and Urban Development (JOIN) have partnered with Singapore-based Surbana Jurong to prepare the detailed design standards …