The decline in the Philippines’ inflation rate from 4.1% in November 2023 to 3.9% in December 2023, as the Philippine Statistics Authority recently reported, marks the lowest recorded rate for the year and highlights the effectiveness of our current administration’s economic recovery initiatives. This downward trend indicates our steadfast commitment to fostering a conducive business continue reading : Statement of Trade and Industry Secretary Fred Pascual on the PSA report on the December 2023 inflation rate
Joint Statement on the Sixth Philippines–Australia Ministerial Meeting
Date of release: 10 October 2023
Joint statement of the Department of Foreign Affairs and the Department of Trade and Industry on the 6th Philippines-Australia ministerial meeting to be held in Adelaide
Upon the invitation of Minister for Foreign Affairs Penny Wong and Minister for Trade and Tourism Don Farrell, Secretary for Foreign Affairs Enrique A. Manalo and Secretary of Trade and Industry Alfredo E. Pascual will travel to Australia to jointly preside over the 6th Philippines-Australia Ministerial Meeting (PAMM) on 10 October 2023 in Adelaide, South continue reading : Joint statement of the Department of Foreign Affairs and the Department of Trade and Industry on the 6th Philippines-Australia ministerial meeting to be held in Adelaide
Statement of Trade and Industry Secretary Fred Pascual
Issuance of Executive Order No. 39 on price ceilings for regular and well-milled rice Rice is an essential staple food of Filipinos. In our commitment to making it accessible and affordable, the Department of Trade and Industry (DTI) supports the implementation of Executive Order No. 39 on the Imposition of Mandated Price Ceilings on Rice, which continue reading : Statement of Trade and Industry Secretary Fred Pascual
4th Philippines-UK Economic Dialogue Joint Press Statement
MAKATI CITY, PHILIPPINES – On Friday, 19 May 2023, the Philippines and the UK held their 4th round of bilateral Economic Dialogue chaired by Philippine Department of Trade and Industry Undersecretary Ceferino Rodolfo and His Majesty’s Ambassador to the Philippines Laure Beaufils. The Philippines and the UK signed a Partnership Statement on Trade, Investment and Economic Cooperation, continue reading : 4th Philippines-UK Economic Dialogue Joint Press Statement
Statement of Trade Secretary Alfredo Pascual on the Commission on Appointments confirmation
To the Commission on Appointments (CA) and its plenary presided by Senate President Juan Miguel Zubiri, and CA’s Committee on Trade and Industry Chairperson Representative Ferjenel Biron—thank you for confirming my appointment as Secretary of the Department of Trade and Industry (DTI). To the organizations that have supported my confirmation—foreign and domestic business groups, continue reading : Statement of Trade Secretary Alfredo Pascual on the Commission on Appointments confirmation
Statement of Trade Secretary Fred Pascual on the PEZA employees complaint and legality of PEZA OIC DG Panga
Secretary Fred Pascual, the chief of the Department of Trade and Industry, currently serves as the Chair of the Board of PEZA under Republic Act No. 7916 or the Special Economic Zone Act. The law distinguishes between the functions of the PEZA Board and that of the PEZA Director General. The Board is mainly concerned continue reading : Statement of Trade Secretary Fred Pascual on the PEZA employees complaint and legality of PEZA OIC DG Panga
Press Statement on the Appointment of Alfredo E. Pascual as the DTI Secretary of the incoming administration
Let me extend my warmest congratulations to incoming Secretary Alfredo Pascual for being named as the new DTI Secretary in the Marcos administration. With his competence, integrity, energy and a wide range of experience in different industries, I know he will steer the Department of Trade and Industry (DTI) towards greater heights in the years continue reading : Press Statement on the Appointment of Alfredo E. Pascual as the DTI Secretary of the incoming administration
Statement of Trade Secretary Ramon M. Lopez on the operation of registered Business Enterprises within Ecozones
To clarify some news reports today, this is to reiterate the provisions of the Philippine Economic Zone Authority (PEZA) Law and the CREATE Act that require all registered business enterprises (RBEs) to operate within the ecozones. Because of the pandemic and the need to support the recovery of RBEs, the Fiscal Incentive Review Board (FIRB), continue reading : Statement of Trade Secretary Ramon M. Lopez on the operation of registered Business Enterprises within Ecozones
Statement of Trade Secretary Ramon Lopez on the Senate’s Concurrence with the President’s ratification of the Arms Trade Treaty
The Department of Trade and Industry (DTI) welcomes the Senate’s concurrence with the President’s ratification of the Arms Trade Treaty (ATT). This marks a watershed moment in the country’s fight against illicit conventional arms trade. The Philippines has once again demonstrated its commitment to effectively regulate the transfer of conventional weapons, ammunitions/munitions, and their parts continue reading : Statement of Trade Secretary Ramon Lopez on the Senate’s Concurrence with the President’s ratification of the Arms Trade Treaty