Latest News
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DTI intensifies price monitoring of basic goods; assures public there’s enough supplies
March 24, 2020The Department of Trade and Industry (DTI) Region 1 thru its Provincial Offices, intensified the monitoring of prices and supplies of basic necessities at various grocery stores and supermarkets in the region. This is to prevent over pricing and hoarding of basic goods. Following the declaration of a state of…Read More -
SB Corporation opens P1B loan facility for MSMEs affected by COVID-19 lockdown
March 24, 2020To support micro and small businesses affected and cushion the economic impact of the spread of COVID-19 virus in the country, the Small Business Corporation is setting up a P1 billion Enterprise Rehabilitation Financing facility under the Pondo sa Pagbabago at Pag-asenso (named COVID19 P3-ERF). The facility will be implemented…Read More -
SB Corporation offers moratorium on MSME loans
March 24, 2020The Small Business Corporation (SB Corporation) is offering a one month moratorium on loan payments covering the period of March 16 to April 14, 2020 to its micro, small and medium (MSME) borrowers and partner financial institutions (PFIs). “The SB Corporation recognizes the impact of this public health crisis on…Read More -
DTI, CIDG raid essential product hoarders in Manila and Caloocan
March 21, 2020Following the heightened consumer protection alert of the Department of Trade and Industry (DTI) in this State of calamity declared by President Duterte, the DTI – Fair Trade Enforcement Bureau (FTEB) of the Consumer Protection Group (CPG), led by FTEB Director Ronnel O. Abrenica, and the Anti-Fraud and Commercial Crimes…Read More -
DTI sets limits on the purchase of basic goods to address panic buying and hoarding
March 20, 2020To ensure price reasonableness and sufficiency of supply of basic necessities and some essential medical supplies in the market, the Department of Trade and Industry (DTI) issued Memorandum Circular (MC) No. 20-07 on Anti-Hoarding and Anti-Panic Buying which sets the reasonable limit in the sale of all basic necessities and…Read More -
DTI ensures unhampered movement of cargo and transit of personnel of operating establishments
March 20, 2020“Movement of all food and non-food cargoes within, to, and from Luzon shall be unhampered, and if subjected to random inspection, shall not be delayed. Transit of personnel of all establishments allowed to operate shall likewise be permitted,” says the Department of Trade and Industry (DTI) in its latest issuance,…Read More -
Halal Industry Updates
March 19, 2020Compilation of the report’s mention of the Philippines based on Thomson Reuters’ research. In summary, they have acknowledged the Philippine Government's initiative and program in exports especially under the Halal food sector.Read More -
DTI releases guidelines for business operations amid COVID-19
March 16, 2020The Department of Trade and Industry (DTI) releases today, 16 March 2020, Memorandum Circular (MC) No. 20-04, Series of 2020, prescribing the implementing guidelines for business operations following previously issued Resolution No. 12 by the Inter-Agency Task Force (IATF) for the Management of Emerging Infectious Diseases. The said MC covers…Read More -
DTI 4-A issues price freeze on basic necessities and prime commodities in CALABARZON
March 13, 2020Due to the declaration of a State of Public Health Emergency throughout the Philippines because of the outbreak of COVID-19, prices of basic necessities and prime commodities in CALABARZON shall be automatically frozen at their prevailing prices or placed under automatic price control. DTI 4-A will not hesitate to file…Read More -
DTI warns filing of criminal charges against overpricing and hoarding of medical devices and products
March 12, 2020The Department of Trade and Industry (DTI) warns filing of criminal charges on overpricing and hoarding of medical devices and products like alcohol, medicines, masks of N-88, N-95, other similar face masks, alcohol/sanitizers, and medical devices. “We have recommended to the President the issuance of an Executive Order (EO) for…Read More
