DTI and PS-DBM agreed to share with each other personal and business information of the registrants from their respective system databases, primarily for the purpose of linking DTI’s Business Name Registration System (BNRS) with the Philippine Government Electronic Procurement System (PhilGEPS).
Recognizing the importance of e-commerce in facilitating cross-border trade in goods and services, the Philippines during the 12th WTO Ministerial Conference in Geneva, Switzerland expressed its support for the extension of the moratorium on the imposition of customs duties on electronic transmissions until the next Ministerial Conference.
The United Nations Convention on the Use of Electronic Communications in International Contracts (UNECC) aims to facilitate the use of electronic communications in international trade by ensuring that contracts concluded and other communications exchanged electronically are as valid and enforceable as their traditional paper-based equivalents.
Created in 2015, the e-Presyo serves as a repository for current prices of Basic Necessities and Prime Commodities (BNPCs) that are being monitored by DTI offices nationwide.
The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Jakarta, met recently with officials of PT WIR Asia to discuss the Indonesian tech firm’s plan to expand into the Philippines with an initial projected investment of $20 million for this year.
The Department of Trade and Industry (DTI) said the enactment of RA 11697 or the Electric Vehicle Industry Development Act (EVIDA), which provides for a national policy framework to develop the electric vehicle industry in the Philippines, will boost tech investments in the country.
SpaceX is setting up a local business entity that will provide Internet service through low-earth orbit (LEO) satellites and is targeting to launch the first gateway for their satellites before June 30.
Tamiya’s existing factory in the Philippines, specifically in Mactan, Cebu is housed inside a 40,000 sq. meter facility with over 1,200 workers engaged in model assembly.
During a trade mission to Washington DC, Department of Trade and Industry (DTI) secretary Ramon Lopez secured the commitment of US firms Black and Veatch and SBA Communications to build hyperscale data centers and common towers in the Philippines.
The Department of Trade and Industry (DTI) has reminded online shopping platforms to ensure all products offered for sale in their sites should bear the Philippine Standard (PS) mark or the Import Commodity Clearance (ICC) sticker.
