Category: Other Export News

The Tatak Pinoy (TP), also known as the Proudly Filipino Act (RA 11981), was signed into law by President Ferdinand R. Marcos, Jr. (PBBM) on 26 February 2024. The act mandates the formulation, funding implementation, monitoring, and evaluation of a comprehensive multi-year Tatak Pinoy (Proudly Filipino) strategy establishing a Tatak Pinoy Council (TPC).

Continue reading “President Marcos inks Tatak Pinoy Act”

The Department of Labor and Employment (DOLE) gears to grant funds to enterprises focused on upskilling their workers’ capabilities.  

Relative to this DOLE, under the leadership of Sec. Bienvenido Laguesma issued Department Order 241, Series of 2024, the “Implementing Guidelines of the DOLE Adjustment Measures Program (DOLE-AMP) for Workers and Enterprises”. The program aims to boost human resources and achieve decent and sustainable work, benefitting workers’ productivity with improved and upgraded skills. Also, it financially supports enterprises that are up to reskill and upskill their employees to make them agile.

Continue reading “DOLE Gears Fund on Workers’ Skills Upgrade Projects”

President Ferdinand Marcos Jr appointed former Batangas Representative Ralph Recto as the new Department of Finance (DOF) Secretary, vice Benjamin Diokno, on 12 January 2024. 

The new DOF chief highlighted the need to build robust economic fundamentals made by his predecessors. He emphasized the need for reforms on the following e.g., Retail Trade Liberalization Act (RTL), the Foreign Investments Act (FIA), and the Public Services Act (PSA), which are all expected to increase investments in infrastructure, industry, and services aimed to reach P4.3 trillion in revenues to produce more employment and social services in 2024. 

Concurrently, Sec. Recto also serves as a member of the Export Development Council (EDC), championing export development in the country. JVL

President Ferdinand Marcos Jr. has officially signed the Republic Act No. 11976, also known as the Ease of Paying Taxes Act, into law. This legislation aims to enhance government revenue collection by implementing digitalization initiatives. It introduced administrative tax reforms and amended various sections of the National Internal Revenue Code of 1997. Additionally, it modernizes the Philippine taxation system by adopting best practices and replacing outdated procedures.

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The Training for Nation Building Program, organized by the Department of Trade and Industry’s Philippine Trade Training Center (DTI-PTTC), encompasses a range of training initiatives designed to assist MSMEs as well as emerging entrepreneurs. 

PTTC–Global MSME Academy, serving as the training arm of DTI, is dedicated to delivering extensive training and capacity-building programs. These initiatives are designed to foster MSMEs’ development, growth, and innovation. Throughout its existence, PTTC-GMEA has been a leader in providing growth-oriented MSMEs with essential skills and knowledge. Doing so empowers them to attain global entrepreneurial excellence, positioning them at the forefront of the international business landscape.

Continue reading “DTI-PTTC Leads Trainings for Nation Building Program”