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The Department of Trade and Industry (DTI) Secretary Alfredo E. Pascual signed the Memorandum of Understanding (MOU) with the DK P.O. Fulfillment Company Inc. (DKPOFCI) to assist the local Halal Industry, specifically the Micro, Small and Medium Enterprises (MSMEs) in the country for non-interest-based financing opportunities for MSMEs on 16 October 2023 at Kingsford Hotel, Parañaque, Manila.
Continue reading “DTI signs MOU supporting the MSME Halal Industry Development”
The ARISE Plus Philippines developed a business guide on exporting to the European Union (EU) Market to provide information on (1) opportunities available for businesses in the Philippines to access the EU market, including the Generalized Scheme of Preferences Plus (GSP+) and on the (2) key technical and regulatory requirements to comply with to export from the PH and place products in the EU market.
Business Guide has two (2) types: the General Guide, which provides an overview of PH export to the EU, detailed technical requirements on labeling, packaging, quality, and standard requirements in the EU market, and guidance on determining the applicability of the EU GSP + scheme to the exporters’ products. And the Sector-Specific Guide includes the detailed elements of a specific sector: Agricultural products, Food products, Textiles and Garments, Electrical Products and Electronics, Machinery, and Equipment.
The sectors were identified based on the export priorities for the Philippines, export potential, and their inclusion in the EU GSP+ scheme.
These Guides were presented at the Department of Trade and Industry-Export Marketing Bureau’s (DTI-EMB) Usapang Exports entitled “Exporting Agri-Products to EU Market: Opportunities & Requirements.”
DTI-EMB partnered with the International Trade Center (ITC) to help boost the competitiveness of the Philippine domestic manufacturers as well as the existing and aspiring exporters in the EU market. The Bureau recognized that, to date, the EU remains the Philippines’ largest exporting market.
For more details, visit the Arise Plus Philippines Facebook page and Tradelines Philippines. PKC
As the global economy opens with the resumption of International Trade Shows, the Export Development Council (EDC) receives a surge in endorsement of Travel Tax Exemption (TTE) applications for participation in international events. The EDC has endorsed five hundred fourteen applications (514) to the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for the period January to August 2023. This is a solid proof that we are now in the New or Next Normal. It reflected a significant increase compared to the previous years of 2020-2022 due to the pandemic. In 2022, only a total of forty-one (41) applications were endorsed by the EDC from the same period as of this year. The TTE applications are expected to increase further in the last quarter of 2023.
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ARTA Secretary Ernesto V. Perez led the launching ceremony of the 2023 Philippine Regulatory Impact Assessment (RIA) Training Workbook on August 15, 2023, at the Novotel Manila.
The RIA Training Workbook is a comprehensive guide for implementing government agencies, including their respective offices and exporters, enabling them to carry out and embrace the RIA process effectively. The workbook offers systematic instructions, equipping them with essential knowledge and tools to navigate regulatory requirements, optimize efficiency, and foster an environment conducive to growth.
Continue reading “2023 PH (RIA) Training Workbook to foster regulatory efficiency”
PBBM welcomed the public-private sector collaboration to develop the e-vehicle industry in the country during the Private Sector Advisory Council (PSAC) Job Sector Groups (JSG) Meeting on 17 August 2023.
With this collaboration, this could help the PH exporters as they can potentially export locally manufactured electric vehicles and EV components to other countries. As global demand for electric vehicles grows, there may be opportunities for Philippine manufacturers to tap into international markets.
Continue reading “PBBM embraces public-private collaboration to develop PH as key player in e-vehicle industry”
The Micro, Small and Medium Enterprise (MSME) Guide to Disaster Resilience book was launched to have a better understanding of the basic concepts of disaster risk education and management, and business continuity practices.
This book serves as a reference material for MSMEs) for future disaster awareness and management. It also includes sample toolkits and exercises which can help MSMEs develop their own emergency preparedness and business continuity plans.
Continue reading “MSME Guidebook for Disaster Resilience launched!”
ARISE Plus Philippines launched the business guidebook aimed to help improve the Philippines’ access to the European Union (EU) market and utilize the EU Generalized Systems of Preferences (EU -GSP+) scheme.
The guidebook provides technical and regulatory requirements to be completed within the Philippines to export to the EU, and measures to meet to cross the EU border.
Continue reading “ARISE PH launch Guidebook on Exporting to EU”
The Maharlika Investment Fund (MIF), was signed into law by President Ferdinand R. Marcos Jr. to drive PH’s meaningful economic transformation, including boosting infrastructure development, creating high-quality jobs, and pursuing its initiatives to become an investment-friendly nation. This means increasing the capacity and capability to make profitable investments, such as the Build-Better-More program.
Continue reading “MIF to drive PH’s Meaningful Economic Transformation”
President Ferdinand R. Marcos Jr. highlighted the Philippines as a Service Export Powerhouse, specifically the Tourism and Information Technology-Business Process Management (IT-BPM) Sectors’ vital roles in boosting the country’s economic growth during his speech in the second State of the Nation Address (SONA) at the Congress last Monday, 24 July 2023.
Part of the administration’s work is to push the Philippines by making it a “Tourism Powerhouse and an Agile Export Powerhouse” in Southeast Asia, aligning with the two plans, the National Tourism Development Plan (NTDP) 2023-2028 and the Philippine Export Development Plan (PEDP) 2023-2028.
Continue reading “Tourism and IT-BPM Industry noted to boost PH economic growth”
Both the PEDP 2023-2028 and PDP were aligned to achieve the PH sustainable development goals, with the former focused on export development as the lynchpin of the economy.
The two plans working together will serve as the platform for attaining the Sustainable Development Goals in 2030 and the Philippines’ AmBisyon Natin towards a prosperous, inclusive and resilient society by 2040,
Continue reading “PEDP and PDP aligned to achieve the PH sustainable development goals”