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.
Continue reading “Design sustainability takes center stage at PHILEXPORT 4th quarter GMM”DTI Unveils ‘PHX Source’ to Elevate Philippine Exporters’ Global Reach
The Department of Trade and Industry (DTI), through its Industry Development and Investment Promotions Group (IPG) and in collaboration with QSweep Tech Services, has launched PHX Source, a digital platform designed to boost the global visibility of Philippine exporters.
PHX Source serves as a comprehensive B2B directory, offering free basic listings for exporters to showcase their products and services. Upgraded features include premium microsites, videography, product photography, social media management, and digital advertising, all aimed at enhancing market reach. The platform also provides real-time analytics to help businesses track engagement and refine their strategies.
Continue reading “DTI Unveils ‘PHX Source’ to Elevate Philippine Exporters’ Global Reach”Thriving in the New Normal: Expert Guide to Life After the Pandemic
A team of esteemed scholars—Mario B. Lamberte, Fernando T. Aldaba, Alex B. Brillantes, Jr., and Enrico L. Basilio—has authored a comprehensive two-volume book titled Living Well Under the Shade of the New Normal. The book explores the enduring effects of the COVID-19 pandemic and outlines strategies for adapting to the “new normal.” The book draws on the collective expertise of socio-economic researchers, providing a multidisciplinary analysis of the country’s journey through the pandemic, addressing both pandemic-related challenges and new issues that have emerged.
Continue reading “Thriving in the New Normal: Expert Guide to Life After the Pandemic”Marcos Administration Streamlines Business Reforms; DTI Empowers MSMEs for Global Export Success
The Marcos Administration is enhancing the Ease of Doing Business (EODB) in the Philippines, aiming to create a more efficient environment for exporters. President Marcos’s 2024 State of the Nation Address highlighted reforms in digitalization and process integration, crucial for global competitiveness.
The Anti-Red Tape Authority (ARTA) has ensured that local government units (LGUs) comply with electronic Business One-Stop Shop (eBOSS) requirements, with 1,178 out of 1,634 cities and municipalities now automated, reducing bureaucratic delays for exporters.
Continue reading “Marcos Administration Streamlines Business Reforms; DTI Empowers MSMEs for Global Export Success”PHILEXPORT’s 3rd Quarter GMM: Driving MSME Competitiveness
PHILEXPORT’s recent General Membership Meeting (GMM) centered on “Building MSME Capacities for Increased Competitiveness.” Dr. Sergio R. Ortiz-Luis, Jr. delivered a compelling President’s Report, highlighting critical areas for growth based on recommendations from the Philippine Institute for Development Studies (PIDS). The focus was on enhancing human capital, advancing trade and industry, and utilizing Artificial Intelligence (AI) responsibly. Dr. Ortiz-Luis called for a stronger education and human resource development ecosystem.
Philippines Shines with 5.7% GDP Growth: Exports and Key Sectors Lead the Surge
The Philippines’ latest gross domestic product (GDP) grew by 5.7% in the first quarter of 2024, led by gains in financial and insurance, wholesale and retail trade, and manufacturing sectors. The services sector rose by 6.9%, industry and agriculture, forestry, and fishing sectors by 5.1% and 0.4%, respectively.
Secretary Alfredo E. Pascual noted the DTI’s contributions through business-friendly programs. Merchandise exports increased by 4.8% compared to the previous year, with electronics, mainly semiconductors and electronic data processing, copper concentrates, coconut oil, fresh bananas, and chemicals.
Continue reading “Philippines Shines with 5.7% GDP Growth: Exports and Key Sectors Lead the Surge”DTI Inks Tatak Pinoy Act IRR to Boost Filipino Products and Services Globally
On May 22, 2024, the Department of Trade and Industry (DTI) Secretary Alfredo E. Pascual along with Senator Juan Edgardo “Sonny” Angara, the conceptualizer and author of the Act and other notable signatories signed the Implementing Rules and Regulations (IRR) for Republic Act No. 11981, also known as the Tatak Pinoy (Proudly Filipino) Act. This legislation aims to support and promote Filipino-made products and services globally.
Continue reading “DTI Inks Tatak Pinoy Act IRR to Boost Filipino Products and Services Globally”Empowering Philippine Exporters: ARISE Plus Project Unlocks EU Markets
The ARISE Plus Philippines project, funded by the European Union and led by the Department of Trade and Industry, is a vital support system for Philippine exporters. Its goal is to boost the country’s international trade performance and competitiveness, particularly in the EU market, while fostering economic integration and inclusive growth.
The project focuses on aiding various types of exporters, including MSMEs, coconut, and game development exporters. It provides them with training in export marketing, quality management, and food safety, along with assistance in accessing EU markets. This includes support for participating in trade fairs and other market linkages, both domestically and overseas.
Continue reading “Empowering Philippine Exporters: ARISE Plus Project Unlocks EU Markets”Driving Innovation: Highlights from the 1st TW-PH International Tech Summit
The 1st International Tech Summit between Taiwan and the Philippines, jointly hosted by IMMORTA Corporation and the Taiwan National Development Council, was recently concluded on 25 April 2024 at the Shangri-la The Fort, Manila. The event aimed to foster collaboration and innovation between the two countries.
Continue reading “Driving Innovation: Highlights from the 1st TW-PH International Tech Summit”