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Government agencies show strong support to PEDP 2015-2017

In continuous support to the Philippine Export Development Plan (PEDP), concerned Agencies under the Memorandum Circular (MC) No. 91 are keen on achieving their Programs, Activities and Projects.

In the recent PEDP meeting, the DOH-FDA reported on the full implementation of E-registration of the products which started in October 2016, wherein, the said implementation already includes the medium and the high risk products. Moreover, the issuance of the License to Operate (LTO) and Certificate of Product Registration (CPR) processing are still centralized, Target implementation for the decentralization of issuance of LTO and CPR is seen to happen within the year. Continue reading “Government agencies show strong support to PEDP 2015-2017”

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SRA to exporters: to monitor balance of sugar allocation

Deputy Administrator Luis Marajas of the Sugar Regulatory Administration (SRA) appealed to processors of sugar-based products to monitor their balance in sugar allocation and promptly apply for Certificate for Sugar Requirement of Processors/Manufacturers of Sugar-based Products for Export.

Mr. Marajas cited that some exporters apply for their sugar allocation only when their balance allocation is depleting. This, according to him would affect the exporters’ production schedule considering that importing sugar usually takes at least one (1) month. Continue reading “SRA to exporters: to monitor balance of sugar allocation”

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EDC endorses transport and logistics policy reforms

The Export Development Council, through the recommendation of its Networking Committee on Transport and Logistics, endorses the following policy reforms: (1) Proposed Further Amendments to Commonwealth Act No. 146 or the Public Service Act; (2) Proposed Legislative Measures separating the conflicting functions of the Civil Aviation Authority of the Philippines (CAAP); and (3) Repeal of Letter of Instructions 1005-A s. 1980 to remove the government share for all cargo-handling contractors and port-related service operators. Continue reading “EDC endorses transport and logistics policy reforms”

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ASEAN RoRo to boost Philippines- Indonesia trade

To improve connectivity and boost international trade, the ASEAN RoRo will be launched on 30 April 2017 in Davao City. The maiden voyage send-off ceremony will be led by President Duterte and Indonesian President Widodo.

The new RoRo route will sail to Davao-General Santos-Bitung, Indonesia (D-G-B), a more cost and time-efficient alternative to the usual Manila-Jakarta-Bitung route. It is expected to lessen the cost of shipping by almost US$1,500 per Twenty Foot Equivalent Unit (TEU). It will also shorten the shipping time from three-five weeks to only one day and a half of sailing plus port stay. Continue reading “ASEAN RoRo to boost Philippines- Indonesia trade”

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First ASEAN RoRo Launched in Davao City

President Rodrigo Duterte and Indonesian President Joko Widodo launched the maiden voyage of M/V Super Shuttle, which will conduct a weekly Ro-Ro ferry service for the Davao-General Santos- Bitung, Indonesia (D-G-B) route.
The M/V Super Shuttle RoRo 12, operated by the Asian Marine Transport Corporation, will provide a faster and cheaper route for trad-ing goods among the East ASEAN Growth Area (EAGA)’s key cities.

Continue reading “First ASEAN RoRo Launched in Davao City”

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PNB launches new credit facility for SMES

The Philippine National Bank (PNB), one of the country’s largest private local commercial banks, launched the Small Enterprise Virtual Card for Small Enterprises last 06 March 2017. This new loan facility is fully operational starting 25 March 2017. It is PNB’s financing innovation to SMEs who are looking for additional capital for their business expansion.

Continue reading “PNB launches new credit facility for SMES”