- The Department of Trade and Industry is encouraging Filipinos to support Philippine-made products and partonize small businesses
- Trade Secretary Ramon Lopez promoted their “Buy Local, Go Lokal” national campaign to help boost the economy amid the COVID-19 pandemic
- Lopez said by supporting local products and services, we are not only helping businesses but also promoting local employment
The Department of Trade and Industry is urging Filipino consumers to support small businesses as the economy faces the financial impact of COVID-19.
Amid the ongoing COVID-19 pandemic, the DTI is encouraging the public to “Buy Local, Go Local” and buy products and support services from small Filipino businesses.
Trade Secretary Ramon Lopez said their “Buy Local, Go Lokal” national campaign aims to boost demand for Philippine-made products, particularly those from small businesses. “Tayo po ay dito muna sa ating bayan mag-shop local, eat local, and travel local,” he said in a virtual press briefing.
“Only with this support sa ating mga kababayan can we really reopen and restart our economy,” he added.
Lopez said patronizing Philippine-made products will not only help businesses recover but also significantly promote local employment.
“Tangkilikin natin ang locally produced products. As we patronize our locally-produced products, ang nabubuhay po diyan ay ‘yung mga local companies na may local employment,” he said.
“In other words, pag bumili sila ng local ang nake-create na trabaho ay para sa ating mga kababayan,” Lopez said.
The Trade chief said as the economy struggles to recover, consumers need to “stimulate” the demand of products and services.
“Bumili muna dito para ma-stimulate ang demand ng mga produkto, mga serbisyo especially ng micro, SMEs (small and medium enterprises),” he said.
Due to the COVID-19 pandemic, the unemployment rate of the country ballooned to a record high of 17.7 percent as of April 2020. The figure translates to a total 7.3 million unemployed Filipinos, National Statistician Claire Dennis Mapa confirmed.