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FOREIGN INVESTMENTS. President Ferdinand R. Marcos Jr. has expressed elation that investment pledges made in his foreign trips are starting to bear fruit, noting that the inauguration of some projects may commence "in the next couple of weeks." The Philippine government has secured a total of 116 investment projects worth PHP3.48 trillion (USD62.93 billion), Malacanang announced Friday (Feb. 17, 2023). (File photo) MANILA - The foreign trips of President Ferdinand R. Marcos Jr. have generated a total of 116 investment projects worth PHP3.48 trillion (USD62.926 billion), Malacanang announced Friday. The figures were disclosed during Marcos' meeting with officials of the Department of Trade and Industry (DTI) and the Office of the Presidential Assistant on Investment and Economic Affairs (OPAIEA) at Malacanan Palace in Manila on Thursday to discuss the investment pledges his administration was able to secure during his overseas trips. During the meeting, Marcos, the DTI, an ....
MANILA - The Department of Trade and Industry (DTI) has identified four key areas which policies and programs should be intensified to curb the rising inflation. In a statement Wednesday, DTI said it will focus on monitoring consumer prices, improving the country's logistics and supply chain, investment promotion and partnership with other government agencies. The DTI said amid the faster increase in prices of goods and services, it closely monitors prices of basic necessities and also helps in monitoring prices of agricultural products, which have been volatile in the past months. It added it is coordinating with manufacturers to ensure stable supply and reasonable prices of basic necessities and prime commodities (BNPCs). "The DTI continues to capacitate local price coordinating councils to enforce monitoring, compliance and accountability of all stakeholders at various supply chain stages, including market masters, administrators, retailers and wholesalers," DTI Secret ....
(File photo) MANILA - Taguig-Pateros Rep. Alan Peter Cayetano on Monday said applying for the various assistance programs provided for in the 2022 national budget should be made easier for people so that they are empowered to take control of their families' economic outcomes. Cayetano, who is running for the Senate, vowed to make access to government assistance programs a priority agenda this year amid a fragile recovery from the economic impacts of the coronavirus pandemic. "So isang pinaglalaban natin ngayon pa lang, at siyempre pagdating sa Senado, ay mapadali ang mga prosesong ito para lahat po ng nangangailangan (So one of the things we are pushing for even now, and of course when we get to the Senate, is to make these processes easier for those who really need them)," Cayetano said in an interview. He added that small business owners also need help in restarting or recapitalizing their businesses that were affected by the pandemic restrictions. "Ang good news p ....