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ARTA and WBG collaborates on the Business-Ready initiative

The Anti-Red Tape Authority (ARTA) has partnered with the World Bank Group (WBG) to elevate the Philippines’ ranking within the top 20 percent of the Business Ready (B-READY) report. The report is developed by the WBG, the new corporate flagship publication that assesses the business environment of economies worldwide.

ARTA has been designated by the Office of the President as the Government Focal Point for the B-READY initiative. ARTA will coordinate with government agencies, WBG, and the private sector to implement and integrate recommendations based on the results and assessment.

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Final Push for Exports: PEDP 2023-2028 culminates in Angeles City

The Department of Trade and Industry – Export Marketing Bureau (DTI-EMB), the Export Development Council (EDC), and the Philippine Exporters Confederation, Inc. (PHILEXPORT) concluded the final Usapang Exports Information Session on the Philippine Export Development Plan (PEDP) 2023-2028: Cascading Government Programs and Services. The event was held on November 14, 2024, at Best Western Plus Metro Clark, Angeles City, Pampanga.

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Revive and Thrive: DTI launches zero-interest loans to boost typhoon-hit MSMEs

The Department of Trade and Industry (DTI) recently launched the Enterprise Rehabilitation Financing(ERF) Program through the Small Business Corporation to support businesses impacted by Typhoon Kristine. Targeting micro, small, and medium enterprises (MSMEs), the program offers financial relief for exporters and other businesses seeking to rebuild and strengthen their operations post-disaster.

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Navigating the Digital Age: A new vision of cross- border trade

The recent seminar on cross-border trade hosted by InterCommerce at the Makati Shangri-La Hotel brought together key players from the Pan Asian e-Commerce Alliance (PAA). The event focused on the transformative role of digital innovation in global trade and underscored the importance of international collaboration to address emerging challenges.

Accelerating Digital Transformation in Trade
Central to the discussions was the Framework Agreement on Cross-Border Paperless Trade Facilitation, which aims to streamline customs processes and reduce bureaucratic barriers. By adopting advanced technologies, countries can expedite goods movement, enhance efficiency, and lower costs, significantly benefiting businesses involved in global trade.

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SAVE THE DATE

Mark your calendars for the National Exporters’ Week (NEW) 2024, happening from December 2-6, 2024, at Conrad Manila, Pasay City.  

With the theme “Sustainability: Shaping the Future of Philippine Exports,” this year’s NEW highlights the important role of sustainable practices in driving long-term competitiveness and growth in Philippine exports. 

NEW 2024 will feature a variety of thematic sessions, forums, exhibitions showcasing export products, and tools from Philippine exporters, and enablers. The week culminates with the National Export Congress (NEC), a platform for collaboration and strategy-building in line with the Philippine Export Development Plan 2023-2028. 

See you there!

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PEDP 2023-2028: Empowering Mindanao’s exporters with resources and success stories

Region XI – Cagayan de Oro City

The Philippine Export Development Plan (PEDP) 2023-2028: Cascading Government Programs and Services successfully conducted its second Mindanao leg on October 2, 2024, at the Mallberry Suites Business Hotel in Cagayan de Oro City. The event gathered exporters, aspiring exporters, MSMEs, LGUs, academic institutions, and DTI representatives from Region XI to explore government programs that strengthen the export sector.

The program began with a Welcome Message by DTI-Region 10 OIC Regional Director Ruel B. Paclipan and an Opening Message from Hon. George S. Goking, City Councilor of Cagayan de Oro.

Highlights from the Morning Sessions:

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Design sustainability takes center stage at PHILEXPORT 4th quarter GMM

The 4th Quarter General Membership Meeting of the Philippine Exporters Confederation, Inc., held last 8th of October 2024, focused on “Design Mindfulness Towards Sustainability and Innovation.” According to the President’s Report delivered by Dr. Sergio R. Ortiz-Luis Jr., Philippine exports showed optimistic growth in recent months, with a notable increase in July 2024 exports, while imports remain steady. Moreover, there was a 9.4% jump from June USD5.54 billion. With the Philippines benefiting from strong trade growth, National Economic and Development Authority (NEDA) estimates that the Philippines could achieve Upper Middle Income Country (UMIC) status by 2025. While the Philippine Export Development Plan may fall short of its ambitious $143.4 billion target, projections indicate that export figures could still reach $107 billion—an impressive milestone amid global economic challenges.

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New East Java Terminal opens doors to more trade opportunities for Philippine Exporters

The East Java Multipurpose Terminal (EJMT), operated by International Container Terminal Services, Inc. (ICTSI), officially opened on 02 October 2024 in Lamongan, Indonesia. This strategic development could benefit Philippine exporters by enhancing trade routes between the Philippines, Indonesia, and neighboring regions.

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PEDP 2023-2028: Key Support for Exporters kicks off in Cebu

The Philippine Export Development Plan (PEDP) 2023-2028 kicked off its regional rollout with an information session in Cebu City on August 20, 2024, at Cebu Grand Hotel.  This session (held in cooperation with DTI Region 7 and Philexport Cebu Chapter) is part of a strategic effort to equip exporters and aspiring exporters with the tools and support needed to thrive in the global market.

Targeting the first of seven key exporting regions, the session covered Region VII (Cebu City) and Region VI-A (Iloilo City, via Zoom). Nearly 150 participants, including exporters, industry leaders, and government representatives, attended the event. It provided a crucial platform for disseminating government programs and services that are directly aligned with the needs of the export sector.

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