Outgoing Trade and Industry Ramon M. Lopez has urged the incoming administration of President-elect Ferdinand Marcos Jr. to prefer locally manufactured products instead of procuring government supplies via the lowest bidder rule. Lopez emphasized this recommendation at the Manufacturing Summit 2022
The Philippines and Israel signed the Investment Promotion and Protection Agreement (IPPA), as well as the launch of the Joint Economic Commission, and the Cooperation Agreement with the Israel Innovation Authority to boost bilateral economic relations. Secretary of Trade and Industry Ramon M. Lop
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