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DTI: Auto roadmap to offer perks, not subsidies

Trade Secretary Gregory L. Domingo: Incentives, not subsidies. INQUIRER FILE PHOTO

The Department of Trade and Industry is set to wind up discussions over the proposed automotive manufacturing roadmap, which will provide highly attractive fiscal incentives to a limited number of participants, and only for certain vehicle models.

Posted: September 11th, 2014 in Headlines,Latest Business Stories | Read More »

Gov’t official sees need for more ports

Trade Secretary Gregory L. Domingo. FILE PHOTO

The Department of Trade and Industry has stressed the need to start putting up, as soon as possible, a new port in a new location to accommodate the expected rise in the volume of container shipments over the next five years.

Posted: September 11th, 2014 in Headlines,Latest Business Stories | Read More »

8 of 10 consumer complaints ‘resolved’

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AFP FILE PHOTO

The Department of Trade and Industry (DTI) on Monday claimed that its newly established enforcement arm has been able to resolve up to eight out of every 10 consumer complaints in Metro Manila.

Posted: September 2nd, 2014 in Headlines,Latest Business Stories | Read More »

Auto roadmap now in final form

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The Department of Trade and Industry is now in the final stages of refining a draft executive order (EO) containing the kinds of fiscal and non-fiscal support needed by the Philippine automotive manufacturing industry. “We can’t talk about the details, but we’re finalizing the policy. We’re looking for players who have the same level of […]

Posted: August 25th, 2014 in Headlines | Read More »

Transparency in investors’ tax perks sought

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The Department of Trade and Industry wants to further thresh out the details of the proposed rationalization of tax incentives as it sought to ensure better transparency in the accounting, reporting and granting of fiscal perks to investors. Trade Secretary Gregory L. Domingo said this was needed, even as the DTI and the Department of […]

Posted: August 25th, 2014 in Headlines | Read More »

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