Category Archives: Featured News

Government agencies provide continuous support for export development

Featured News PEDP No Comments

Government agencies cited under Memorandum Circular (MC) No. 27 provide continuous support for export development to achieve the export target of $122B-$130B by year 2022 through the implementation of their Programs, Action Plans and Policies (PAPs).

The Departments of Trade & Industry, Foreign Affairs, Agriculture, Energy, Environment and Natural Resources, Health, Finance, Information and Communication Technology, Interior and Local Government, Public works and Highways, Transportation, Tourism, Labor and Employment, Science and Technology, TESDA, CHED, BSP and NEDA are mandated to strengthen the implementation of the Philippine Export Development Plan (PEDP) through MC No. 27.

The foregoing agencies are enjoined to submit to the Export Development Council (EDC) their PAPs aligned to the PEDP strategies in compliance to MC No. 62 “Approving the PEDP 2018-2022 and directing concerned agencies to ensure its implementation” as approved by the President on 26 June 2019.

In the recently convened PEDP Consultation Meeting with the 18 agencies, it was noted that accomplishments and initiatives from the said stakeholders will be reported to the exporting community and submitted to the President during the National Export Congress slated on 06 December 2019 at the Philippine International Convention Center. Said report is in compliance to the implementation of the PEDP 2018-2022.

DTI implements 7Ms for competitive MSMEs

Featured News Other Export News No Comments

The Department of Trade and Industry (DTI) through the (Micro, Small and Medium Enterprise Development (MSMED) Council  implements the 7Ms- Mindset Change, Mastery, Mentoring, Money, Machine, Market Access, and Models of Business, a framework which were introduced and supported during the ASEAN Economic Community (AEC) meeting last year. MSMEs shall be assisted to develop a positive Mindset, to gain Mastery of their business, to provide quality business Mentorship, to facilitate access to Money, to improve access to domestic and international Markets, to provide quality Machines, and to be exposed to innovative Models of business.

To achieve the strategic goals specified in the MSME Development Plan 2017-2022, the MSMED Council has laid anchor programs to be implemented. These programs and other initiatives were presented during the National MSME Summit held last 10 July 2018 in Clark Pampanga. The summit was attended by entrepreneurs, industry leaders, enablers and other stakeholders nationwide. President Rodgrigo Duterte also graced the event to show his administration’s continuing support to MSMEs.