Living in the modern era, moving forward is one of the ways to elevate and survive different industries in this generation. The manufacturing sector, for instance, is already moving towards digital transformation. In this line, the World Economic Forum introduces one of its projects, the SIRI: Smart Industry Readiness Index. It is a framework and tool that will help the manufacturers to continue and move forward toward digital transformation.
Continue reading “SIRI: Move toward Digital Transformation”PHILEXPORT at the forefront for legislative agenda at the 19th Congress
The Philippine Exporters Confederation, Inc. (PHILEXPORT) President Sergio Ortiz-Luis, Jr. reported that the group is at the forefront toward the approval of business and MSME-friendly bills in the 19th Congress, including the Magna Carta for MSMEs; Amendments of the Philippine Ports Authority Charter; Open Access in Data Transmission Act; International Maritime Trade Competitiveness Act; National Quality Infrastructure and Other Agriculture-related bills.
PH export continues the bullish trend in 2022
The PH export performance continues to grow from the previous year to the early quarter of 2022. January 2022 exports increased by 8.9%, amounting to USD 6.04B from USD 5.55B in January 2021.
Electronics leads the top five export products, which contributed about US$3.50B with a 58 % share of the total goods in January 2022. Followed by other manufactured goods with 7.5%, Cathodes & Sections of Cathodes with 3.8%, Coconut oil with 3.0%, Ignition wiring sets and other wiring sets used in vehicles, aircraft, and ships at 2.9% share.
Continue reading “PH export continues the bullish trend in 2022”Zero Backlog Policy, Paigtingin! 3-7-20, Laging Sundin!
ARTA is the government agency mandated to administer, implement, and monitor compliance with the national policy on anti-red tape and the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018”.
The strengthened version of the law aims to facilitate prompt actions or resolutions of all government transactions. It applies to all government offices, agencies, and other government instrumentalities, whether located in the Philippines or abroad.
Continue reading “Zero Backlog Policy, Paigtingin! 3-7-20, Laging Sundin!”PH Electronics export performance soar to greater heights amid the pandemic
The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) Electronics Export earmarked the growth of the Electronics Export for the year 2021. Based on the Philippine Import and Export Statistics of the Philippine Statistics Authority (PSA), electronics exports rose to US$45.92 billion in 2021 which is 12.90% higher than the US$ 40.67 billion in 2020. For more information, visit https://www.seipi.org.ph/article/december-2021-philippine-electronics-export-performance/.
$49 billion unrealized export potential in the Philippines
The Philippines currently has $49 billion of unrealized export potential according to the International Trade Centre‘s (ITC) Export Potential Assessment (EPA) report. This is out of the $107 billion total export potential of the Philippines in the products covered by the study,
The top market where the Philippines has the largest export potential (EP) is East Asia with $54 billion followed by North America, ASEAN, and the EU.
The top sector is machinery and electronic equipment which covers almost 75% of export potential. The other top sectors are manufactured products, horticulture, minerals, metals, and other products.
International Certification is Key for greater Market Access
International Certification is key for Greater Market Access. This was highlighted by DTI Trade Promotions Group Undersecretary Abdulgani Macatoman as he provided insights on what to expect for the Usapang Exports Day 1 morning session. He emphasized that the session “aims to provide specific information on the importance of securing product certification, inspection and testing standards for market compliance” which will allow businesses to sell to targeted markets and remain competitive globally.
Continue reading “International Certification is Key for greater Market Access”SAVE THE DATE: National Export Congress 2021
The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), Export Development Council (EDC) and the Philippine Exporters Confederation, Inc. (PHILEXPORT) cordially invites all exporters, small and medium enterprises (SMEs), government policymakers, trade support institutions, the academe, and international organizations and other relevant stakeholders to save the date and participate in this year’s virtual National Export Congress (NEC) 2021 on 07 December 2021, 1:00 PM to 6:00 PM via Zoom and other Social media platforms with the theme ” A.R.I.S.E. Exports: Accelerate Rebuilding, Innovation, Support, and Empowerment of Philippine Exports”.
Continue reading “SAVE THE DATE: National Export Congress 2021”PHILEXPORT P30: A Program for Resilient Philippine Exporters
The Philippine Exporters Confederation, Inc. (PHILEXPORT) is launching a digitalization program to ensure business sustainability and resiliency amid the pandemic’s economic consequences.
Executive Vice President Senen Perlada introduced the PHILEXPORT: 30 and Future Ready, or simply P30, at the organization’s third general membership meeting on September 14, 2021. P30 would also be the theme of the PHILEXPORT’s 30th anniversary in October 2022.
The program has a two-pronged approach: aiming to leverage technology to enhance business decision-making; and fostering stakeholders’ collaboration. Increasing productivity and business continuity while saving resources and continuously moving forward.
Reengineering Manual towards efficient Philippine government public service launched
The Anti-Red Tape Authority (ARTA) virtually launched the Reengineering Manual towards Efficient Philippine government services. A reference that supports the whole-of-government approach in streamlining Philippine government systems and procedures in delivering public services. This initiative is the result of a Memorandum of Understanding between the UK Government and ARTA signed last 4 February 2020.
The manual aims to help realize the vision of AmbisyonNatin 2040, and is divided into four parts: