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DTI Sec. Pascual led the opening of the 18th National Biotechnology Week

Trade Sec. Alfredo E. Pascual led the opening of the 18th National Biotechnology Week with the theme: “Responding to the Challenges, Business Opportunities in Biotechnology.” last 21 November 2022 at the Philippine Trade Training Center (PTTC). In his keynote, he underscores that Science, technology, and innovation are keys to moving the country toward an advanced, inclusive, and resilient future. This week-long celebration of biotechnology takes on a special meaning as the pandemic brought into sharp focus the promising role that this branch of science can play.

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Ambiente is to come back in 2023, the largest consumer goods trade fair

Exporters can take advantage of new opportunities at the AMBIENTE Consumer Goods Trade Fair, the largest and leading international trade fair and the world’s number one in products associated with dining, cooking, household items, furnishings and ornaments, interior design, gifts, jewelry, and fashion accessories from 3 to 7 February 2023 at Messe Frankfurt, Germany.  Messe Frankfurt is in action to fulfill its mission to promote the economy by creating new platforms in the Global Consumer Goods Industry.

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DOT underscores its 7-Point Agenda

To address the challenges in the tourism and hospitality sector, the Department of Tourism (DOT) presented its 7-Point Agenda:

Improving Tourism Infrastructure and Accessibility;
Cohesive and Comprehensive Digitalization and Connectivity;
Enhancement of Overall Tourist Experience;
Equalization of Tourism Product Development and Promotion;
Diversification of Portfolio through Multidimensional Tourism;
Maximization of Domestic Tourism; and,
Strengthening Tourism Governance through Close Collaboration with LGUs and Stakeholders. 

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World Bank Report: A New Dawn for Global Value Chain Participation in the Philippines

The report provides a holistic approach to the post-COVID-19 recovery that brings out opportunities for the Philippines. In recent decades, the World Bank (WB) identified the Philippines as one of the many countries that have climbed the Global Value Chain (GVC) ladder.

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ARTA officially launched the NPRMS and BPLS Operations Manual

Anti-Red Tape Authority (ARTA) OIC Usec. Ernesto Perez, in partnership with UPPAF Respond, Chief of Party, Dr. Enrico Basilio, officially launched the National Policy on Regulatory Management System (NPRMS) and Business Permit and Licensing Systems (BPLS) Operations Manual during the Better Regulations Summit with the theme: “Enabling Regulatory Reforms Toward Bureaucratic Efficiency” at the PICC on 07 October 2022. 

The partner agencies and private stakeholders signed an Expression of Commitment to signify recognition and support for ARTA’s initiatives toward digital innovation and modernization in implementing the NPRMS program. Section 3 of RA 11032 covers all government offices and agencies, including local government units (LGUs), government-owned or controlled corporations (GOCCs) and other government instrumentalities, that provide services covering business and nonbusiness related transactions, whether located in the Philippines or abroad.

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The Philippine Trade Facilitation Committee (PTFC) releases Roadmap 2022-2028

The Philippine Trade Facilitation Committee (PTFC) releases the Roadmap for 2022-2028. The Roadmap is an action plan that outlines the short- and medium-term activities the Committee will undertake to create a world-class international trade getaway. It also outlines the responsibilities assigned to each of its member agencies, the performance metrics for these activities, the resources needed, and the risks involved in improving trade facilitation from 2022 to 2028.

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PPA suspends port rate hikes and bidding

In compliance with the directive of President Bongbong Marcos to reduce transportation costs, the Philippine Ports Authority (PPA) announced the suspension of port rate hikes and bidding under its Port Terminal Management Regulatory Framework (PTMRF) to give way to its pending review.

In a PortCalls release, it was reported that Department of Transportation Undersecretary Elmer Sarmiento during the 2022 National Maritime Week Celebration also disclosed that PPA is reviewing the possibility to reduce its existing rates.

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