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The Department of Information and Communications Technology (DICT) and the Philippine Economic Zone Authority (PEZA) signed a Memorandum of Understanding (MOU) for a better synchronized and coordinated information and communication system (ICT) in economic zones last 18 May 2023,
Continue reading “DICT and PEZA ink MOU to harmonize ICT systems in ecozones”
The Bureau of Customs (BOC) and the United Nations Economic and Social Commission for Asia and the Pacific cooperated on research for an electronic trade data exchange. The partnership falls under the UN Framework Agreement on Facilitating Cross-border Paperless Trade in Asia and the Pacific (CPTA). This UN treaty aims to expedite the implementation of digital trade facilitation measures for trade and development between ESCAP and the Philippine Bureau of Customs.
Continue reading “BOC and UNESCAP cooperate for e-trade data exchange study”
The Philippines’ seafood industry, particularly shrimp, is eager to boost and relive the Asian countries’ presence in the global market this year. Fisherfarms, one of the largest seafood processors in the Philippines, in its participation in the Seafood Expo Global 2023, targets to reach its shrimp production to 40,000-50,000 metric tons annually.
Continue reading “Shrimp Industry to boost in 2023”
The Philippine Exporters Confederation, Inc. (PHILEXPORT) remains to be the leading and dominant export organization recognized by the government, as the Export Development Council (EDC) unanimously approved the renewal of its accreditation during the Joint Council and Executive Committee meeting on 19 May 2023, chaired by Trade Secretary Alfredo E. Pascual and attended by both public and private sector members.
Continue reading “PHILEXPORT remains EDC’s Accredited Export Organization (AEO)”
The Presidential Communications Office (PCO) confirmed that PBBM has allowed the creation of a single operating system for all government transactions to improve bureaucratic efficiency in the country and also as part of the ease of doing business program of the country in the sectoral meeting convened last 11 April 2023.
Continue reading “Creation of Single Operating System for all gov’t transactions in the works”
Department of Trade and Industry (DTI) Secretary Alfredo Pascual announced that the Regional Comprehensive Economic Partnership (RCEP) pact among 15 economies in the Asia Pacific region is to take effect on 02 June 2023. The full implementation of RCEP will help expand the trade and investment to all signatory countries within 20 years, including eliminating tariff rates — or the taxes imposed on imported products — on 90% of goods.
Continue reading “Expansion of PH Trade and Investment expected upon RCEP full implementation by June 2”
Department of Tourism (DOT) OIC Undersecretary for Tourism Development Planning, Verna Covar-Buensuceso presented the DOT’s future plans including the completion of the National Tourism Development Plan (NDTP) 2023-2028 which envisions to transform the Philippines Tourism into a tourism powerhouse in Asia.
Usec Buensuceso cited that the NDTP aims to establish a Philippine tourism industry anchored on Filipino culture, heritage and identity, aims to be sustainable, resilient and competitive in order to transform the Philippines into a tourism powerhouse in Asia.
Continue reading “DOT prides on five-year plan for PH Tourism transformation to be Asia’s tourism powerhouse”
The Commission on Elections (COMELEC) and the Anti-Red Tape Authority (ARTA), together with the Department of Information and Communications Technology (DICT), the Philippine National Police-Firearms and Explosives Office (PNP-FEO), Landbank, and the Semiconductor industry, will create a Technical Working Group (TWG) to streamline and harmonize PNP processes on the application of the Certificate of Authority to Transport (CA-TT).
Continue reading “COMELEC and ARTA partners toward streamlining processes during COMELEC Gun Ban”
The Philippines hosted the first International Ecotourism Travel Mart (IETM), that brings together individuals, experts, organizations, ecotourism practitioners, advocates and exhibitors to learn and network across cultures and showcase products and services that have strong economic components, green technology, and sustainable green practices.
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The Philippine Foreign Trade boosted by 12.9%, amounting to $216.20 billion in 2022 from $191.58 billion in 2021. However, the imports further broadened the country’s trade gap by 38%, according to the Philippine Statistics Authority (PSA) data.
Continue reading “Boost in PH Foreign Trade noted in 2022”