DTI should woo big companies leaving China to invest in PH – Drilon
Trade Secretary Ramon Lopez admitted during a Senate hearing that there are some companies that will move into the country from China, but that they are not the biggest companies.
Why prevent seniors from going out during quarantine? – senators
Drilon added that President Rodrigo Duterte and other elderly Cabinet members like Health Secretary Francisco Duque III and Executive Secretary Salvador Meldialdea should also stay at home if the IATF policy is to be strictly enforced.
Criminal charges await businesses overpricing products – DTI
Profiteers can be fined up to P2,000,000.00 and/or face imprisonment of up to 15 years.
PH has highest logistics cost in region – DTI
Trade Secretary Ramon Lopez, citing the World Bank, said the Philippines’ average logistics cost as a proportion of total sales stood at 27 percent, compared with 11.11 percent in Thailand, 16.3 percent in Vietnam and 21.4 percent in Indonesia.