Unlock Export Success: Join the Cebu Kickoff of the Philippine Export Development Plan 2023-2028

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The Philippine Export Development Plan (PEDP) 2023-2028 begins with its first session in Cebu City (Region VII) and Iloilo City (Region VI) on August 20, 2024. This event will be livestreamed via Zoom and is designed to introduce government programs and services that can help exporters succeed.

Key Objectives of the PEDP Sessions:

  • Promote Government Support: Highlight programs and services aligned with the PEDP.
  • Gather Insights: Collect feedback from exporters through consultations and surveys.
  • Showcase Success: Document and share success stories of Philippine exporters.

Participation is on a first-come, first-served basis, with registered attendees receiving logistical details before the event. Continue reading → Unlock Export Success: Join the Cebu Kickoff of the Philippine Export Development Plan 2023-2028

ATA Carnet System Launch: A Game-Changer for Philippine Exporters

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The Philippines has achieved a major milestone with the grand launch of the ATA Carnet system—a “passport for goods” facilitating the temporary importation of products without customs duties or taxes. Officially launched on July 15, 2024, at the Manila Hotel, this international customs document is set to transform how Philippine businesses engage in global trade.

Key Benefits:

Seamless Trade: The ATA Carnet simplifies participation in trade shows, exhibitions, and international events by eliminating the need for multiple customs declarations.

Cost Efficiency: Businesses can save on import duties and taxes, making international operations more affordable.

Enhanced Global Competitiveness: The system supports the Philippines’ export-led growth strategy and enhances its appeal as a host for global events.

Attractive Investment Destination: By streamlining trade processes, the ATA Carnet system also boosts the Philippines’ attractiveness as an investment destination, encouraging more foreign businesses to consider the country for their international ventures.

Impact on the Economy:

Tourism and Job Creation: By attracting international events, the ATA Carnet system is expected to boost tourism and create employment opportunities.

Economic Development: The system contributes to overall economic growth, positioning the Philippines as a more integrated player in the global market.

Implementation and Support:

Collaborative Effort: The launch is the result of collaboration between the Department of Trade and Industry (DTI), the Department of Finance, the Bureau of Customs (BOC), and the Export Development Council (EDC).

Capacity Building: The EDC will support capacity-building and advocacy initiatives to ensure businesses are equipped to leverage the ATA Carnet system effectively.

BOC Commissioner Bienvenido Y. Rubio noted the extensive revisions and effort required to enhance the system, while PCCI President Nina Mangio highlighted its alignment with the Philippine Export Development Plan.

The ATA Carnet system marks a significant step toward greater economic integration and trade facilitation for the Philippines. Exporters should take full advantage of this new tool to streamline their international operations, boost their global presence, and attract investment. FAMD

Marcos Administration Streamlines Business Reforms; DTI Empowers MSMEs for Global Export Success

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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

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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.

Key Contributions and Insights: Continue reading → PHILEXPORT’s 3rd Quarter GMM: Driving MSME Competitiveness