The Philippine economic growth is anticipated to maintain a promising performance despite facing a challenging economic and financial environment throughout 2023. Economic managers, such as the Development Budget Coordination Committee (DBCC), assume a Philippine growth rate of 6.5 to 7.5 percent in 2024. The projected growth is expected to be driven by strong private consumption, supported by the expected return of inflation within the target range, falling oil prices, robust public spending, more significant investments lured by the country’s sound macroeconomic fundamentals, investment-grade credit rating, and the implementation of structural reforms, and increased demand for Philippine exports as supply chain bottlenecks ease.
Continue reading “PH continues toward a robust economic future”DTI-PTTC Leads Trainings for Nation Building Program
The Training for Nation Building Program, organized by the Department of Trade and Industry’s Philippine Trade Training Center (DTI-PTTC), encompasses a range of training initiatives designed to assist MSMEs as well as emerging entrepreneurs.
Fostering Economic Growth: ARTA’s Drive for Efficient Partnerships and Investment Opportunities
The Anti-Red Tape Authority (ARTA) recently conducted an Economic and Ease of Doing Business briefing to strengthen strategic investment and promote economic opportunities. The event featured Secretary Frederick D. Go, the newly appointed Special Assistant to the President (SAPIEA) for Investment and Economic Affairs.
Continue reading “Fostering Economic Growth: ARTA’s Drive for Efficient Partnerships and Investment Opportunities”NEW 2023 highlights “Agile Philippines: Empowering Exporters towards Global Excellence”
The Department of Trade Industry – Export Marketing Bureau (DTI-EMB), in collaboration with the Export Development Council (EDC) and the Philippine Exporters Confederation Inc. (PHILEXPORT), altogether led the celebration of the 26th edition of the National Exporters’ Week 2023, with the theme, “Agile Philippines: Empowering Exporters towards Global Excellence.” This year’s theme highlights the importance of developing and capacitating exporters to be agile and resilient amidst a volatile, uncertain, complex, and ambiguous (VUCA) world so that our exporters and our export industry can achieve global excellence and recognition.
Continue reading “NEW 2023 highlights “Agile Philippines: Empowering Exporters towards Global Excellence””DOF underscores PH Economic Performance with 5.9% growth in Q3 of 2023
The Department of Finance (DOF) Secretary Benjamin E. Diokno underscored the sustained recovery and progress of the Philippine economy at the Pilipinas Conference 2023, hosted by the Stratbase ADR Institute, with the theme, “The Path Towards Economic Security: Turning Global Risks into Opportunities.”
Continue reading “DOF underscores PH Economic Performance with 5.9% growth in Q3 of 2023”DTI-EMB conducts UE on “Understanding the EO 1016” for seamless governance
In the last Usapang Export (UE) for 2023, Mr. Franclem Peña, Export Counsellor of DTI – Export Marketing Bureau (DTI-EMB), presented for a better understanding of the Overview and Highlights of EO 1016 and the Inter-Agency Committee (IAC) and its Process: Validation of Trade Regulatory Government Agencies (TRGA’s) Regulations. He also underscores Presidential Decree No. 930, signed on 13 May 1976, on the “Simplifying Export Procedures and Documentation by Realigning Functions of Certain Government Offices/Agencies involved in Processing Export Documents, by Authorizing the Issuance of Periodic Clearances, by the Adoption of Standardized Export Documents, and for Other Purposes.”
Continue reading “DTI-EMB conducts UE on “Understanding the EO 1016” for seamless governance”Empowering Women Across Borders
To empower women across borders” was the common objective during the meeting hosted by Alyansa Agrikultura on 11 December 2023, which involves the Women’s Business Council Philippines, Inc (WBC) seeking support for the Pambansang Koalisyon ng Kababaihan sa Kanayunan (PKKK) (also known as the National Rural Women’s Coalition).“T
WBC Philippines, comprised of leading women business leaders and entrepreneurs, supported the PKKK, a coalition of 426 organizations in 42 provinces.
Continue reading “Empowering Women Across Borders”EDC conducts PEDP 2023-2028 PAPs Validation Workshop
The Export Development Council (EDC) conducted a two-day Validation workshop on the Programs, Activities, and Projects (PAPs) submitted by government agencies under Memorandum Circular No. 27 (2017). The objective was to validate and enhance the proposed strategies in line with the PEDP 2023-2028.
Continue reading “EDC conducts PEDP 2023-2028 PAPs Validation Workshop”PHILEXPORT urges government to increase budget for export to achieve PEDP 2023-2028 goals
Mr. Sergio R. Ortiz-Luis Jr., EDC Vice Chair and PHILEXPORT President mentioned in an interview that the country’s export target is currently falling short of this year’s target, which is only about to reach $115B. External factors, such as issues related to the Ukraine-Russia and Israel-Hamas war, have contributed to this gap.
Continue reading “PHILEXPORT urges government to increase budget for export to achieve PEDP 2023-2028 goals”COMELEC, CBFSC, and ARTA ink MOU on streamlined procedures for issuance of CA-TT during Election Gun Ban period
The Commission on Elections (COMELEC), Committee on the Ban on Firearms and Security Concerns (CBFSC), and the Anti-Red Tape Authority (ARTA) formally ink the Memorandum of Agreement (MOA) simplifying and harmonizing the procedures related to Gun Ban policy issuances, including the Certificate of Authority to Transport (CA-TT) and improved online payment processes.
Continue reading “COMELEC, CBFSC, and ARTA ink MOU on streamlined procedures for issuance of CA-TT during Election Gun Ban period”