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The Department of Trade and Industry (DTI) Secretary Alfredo E. Pascual signed the Memorandum of Understanding (MOU) with the DK P.O. Fulfillment Company Inc. (DKPOFCI) to assist the local Halal Industry, specifically the Micro, Small and Medium Enterprises (MSMEs) in the country for non-interest-based financing opportunities for MSMEs on 16 October 2023 at Kingsford Hotel, Parañaque, Manila.
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The ARISE Plus Philippines developed a business guide on exporting to the European Union (EU) Market to provide information on (1) opportunities available for businesses in the Philippines to access the EU market, including the Generalized Scheme of Preferences Plus (GSP+) and on the (2) key technical and regulatory requirements to comply with to export from the PH and place products in the EU market.
Business Guide has two (2) types: the General Guide, which provides an overview of PH export to the EU, detailed technical requirements on labeling, packaging, quality, and standard requirements in the EU market, and guidance on determining the applicability of the EU GSP + scheme to the exporters’ products. And the Sector-Specific Guide includes the detailed elements of a specific sector: Agricultural products, Food products, Textiles and Garments, Electrical Products and Electronics, Machinery, and Equipment.
The sectors were identified based on the export priorities for the Philippines, export potential, and their inclusion in the EU GSP+ scheme.
These Guides were presented at the Department of Trade and Industry-Export Marketing Bureau’s (DTI-EMB) Usapang Exports entitled “Exporting Agri-Products to EU Market: Opportunities & Requirements.”
DTI-EMB partnered with the International Trade Center (ITC) to help boost the competitiveness of the Philippine domestic manufacturers as well as the existing and aspiring exporters in the EU market. The Bureau recognized that, to date, the EU remains the Philippines’ largest exporting market.
For more details, visit the Arise Plus Philippines Facebook page and Tradelines Philippines. PKC
We’re two months away from the highly anticipated celebration of the National Exporters Week (NEW) 2023!
Co-organized by the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), the Export Development Council (EDC), and the Philippine Exporters Confederation, Inc. (PHILEXPORT), this event promises to be a pivotal gathering for the export industry, offering valuable insights and networking opportunities. The NEW/NEC 2023 is slated on December 04-07, 2023, at the Sheraton Hotel in Pasay City.
The Bureau of Customs (BOC) and the Philippine Economic Zone Authority (PEZA) marked a significant milestone through the official signing of the Data Sharing Agreement (DSA) on Access to the Electronic Tracking of Containerized Cargo (E-TRACC) system. This agreement symbolizes the enhanced efficiency and security of trade and operations within economic zones in the Philippines.
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The Bureau of Customs (BOC) and Department of Trade and Industry-Strategic Trade Management Office (STMO) signed a Memorandum of Agreement (MOA) for bolstering the implementation of Republic Act No. 10697, also known as the Strategic Trade Management Act (STMA), in the Philippines.
Continue reading “BOC and DTI to bolster trade facilitation”
Senator Cynthia Villar, Chair of the Senate Committee on Agriculture, Food and Agrarian Reform, spearheaded the launch and inaugural of the Philippine Bamboo Industry Development Council’s Shared Service Facility (PBIDC-SSF) and its office. PBIDC’s primary goal is to propel the Philippines’ vision for bamboo industrialization.
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The Export Development Council (EDC), the DTI-Export Marketing Bureau (EMB), and PHILEXPORT will conduct the Philippine Export Development Plan (PEDP) 2023-2028 Regionalization Roadshow nationwide. The event will feature presentations, workshops, and seminars to bring together exporters, would-be exporters, government agencies, LGUs, academe, and media in the top exporting regions of Luzon, Visayas, and Mindanao. With the primary aim of cascading the government agencies Programs, Activities, Projects (PAPs) supportive of the implementation of the PEDP, participants will acquire a firsthand understanding of the strategic direction and targets outlined in the plan. To read more about it, click this link .
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As the global economy opens with the resumption of International Trade Shows, the Export Development Council (EDC) receives a surge in endorsement of Travel Tax Exemption (TTE) applications for participation in international events. The EDC has endorsed five hundred fourteen applications (514) to the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for the period January to August 2023. This is a solid proof that we are now in the New or Next Normal. It reflected a significant increase compared to the previous years of 2020-2022 due to the pandemic. In 2022, only a total of forty-one (41) applications were endorsed by the EDC from the same period as of this year. The TTE applications are expected to increase further in the last quarter of 2023.
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ARTA Secretary Ernesto V. Perez led the launching ceremony of the 2023 Philippine Regulatory Impact Assessment (RIA) Training Workbook on August 15, 2023, at the Novotel Manila.
The RIA Training Workbook is a comprehensive guide for implementing government agencies, including their respective offices and exporters, enabling them to carry out and embrace the RIA process effectively. The workbook offers systematic instructions, equipping them with essential knowledge and tools to navigate regulatory requirements, optimize efficiency, and foster an environment conducive to growth.
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PBBM welcomed the public-private sector collaboration to develop the e-vehicle industry in the country during the Private Sector Advisory Council (PSAC) Job Sector Groups (JSG) Meeting on 17 August 2023.
With this collaboration, this could help the PH exporters as they can potentially export locally manufactured electric vehicles and EV components to other countries. As global demand for electric vehicles grows, there may be opportunities for Philippine manufacturers to tap into international markets.
Continue reading “PBBM embraces public-private collaboration to develop PH as key player in e-vehicle industry”