Category Archives: PEDP

EDC, DTI-EMB, and PHILEXPORT to conduct PEDP 2023-2028 Regionalization nationwide

The Export Development Council (EDC), the DTI-Export Marketing Bureau (EMB), and PHILEXPORT will conduct the Philippine Export Development Plan (PEDP) 2023-2028 Regionalization Roadshow nationwide. The event will feature presentations, workshops, and seminars to bring together exporters, would-be exporters, government agencies, LGUs, academe, and media in the top exporting regions of Luzon, Visayas, and Mindanao. With the primary aim of cascading the government agencies Programs, Activities, Projects (PAPs) supportive of the implementation of the PEDP, participants will acquire a firsthand understanding of the strategic direction and targets outlined in the plan. To read more about it, click this link  .
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EDC to cascade the PEDP 2023-2028 at Regionalization Roadshow

The Export Development Council (EDC) in partnership with the DTI-Export Marketing Bureau and PHILEXPORT, gears up to cascade the promotion of the Philippine Export Development Plan (PEDP) 2023-2028 in the regions. The EDC will commence the PEDP Regionalization activities starting the latter part of August to middle of November, through a series of Seminars and Workshops at identified top exporting regions in Luzon, Visayas and Mindanao, specifically in (1) NCR, (2) Region III-Pampanga, (3) Region IV-A-Laguna (CALABARZON), (4) Region VI-A-Iloilo City, (5) Region VII-Cebu City, (6) Region X-Cagayan de Oro City, (7) Region XI-Davao City and (8) Region XII-General Santos.
Continue reading EDC to cascade the PEDP 2023-2028 at Regionalization Roadshow

Launching PEDP 2023-2028: Philippines as Agile Export Powerhouse

President Ferdinand R. Marcos Jr. approved the new Philippine Export Development Plan (PEDP) 2023-2028, presenting the Philippines as an agile export powerhouse; designed to accelerate the development and growth of exports in key industries. The plan was presented by the Trade and Industry Secretary Alfredo Pascual at the press briefing organized by the Presidential Communications Office on 06 June 2023.

The Export Development Act of 1994 mandated the Department of Trade and Industry (DTI) to lead the crafting of the plan, to help uplift the country’s exports performance. The PEDP was developed by the Philippine exporting community under the leadership of the Export Development Council, with supervision from the DTI and in collaboration with key national government agencies and the Philippine Exporters Confederation, Inc. (PHILEXPORT). Continue reading Launching PEDP 2023-2028: Philippines as Agile Export Powerhouse

PEDP and PDP aligned to achieve the PH sustainable development goals

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,
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EDC sets new export targets amidst pandemic

The Export Development Council (EDC) in its Joint Council and Executive Committee Meeting on 20 January 2021, adjusted the export targets in the Philippine Export Development Plan (PEDP) 2018-2022.  The new targets are US$91.7B in 2021 and US$105.3B in 2022.

The adjustments were recommended by the Export Marketing Bureau after a thorough review and simulation considering the world economic situation due to the COVID 19 pandemic, the assumptions of the Development Budget Coordination Committee (DBCC)  and the data from the Philippine Statistics Authority (PSA).  Continue reading EDC sets new export targets amidst pandemic

DICT responds to the need for an abrupt shift for Digitalization

DICT responds to the need for an abrupt shift for Digitalization pushed by the global health crisis brought by the COVID-19 Pandemic. The majority of businesses are currently leveraging the use of online platforms to continue their market. As part of the new normal adaptation, online platforms are an excellent measure to sustain their market demand.

As part of its commitment to EDC in the implementation of PEDP being one of the agencies under MC 27, the Department of Information and Communications Technology (DICT) hastened to implement and improve the National Broadband Program (NBP) on internet connectivity throughout the country. It aims to improve Internet speed by accelerating fiber optic cables and wireless technologies to enhance the country’s Internet speed and ensure that all Filipinos have access to broadband capability.
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BSP to standardize MSMEs loan application process

The Bangko Sentral ng Pilipinas (BSP) is working with banks on the standardization of the Micro, Small and Medium Enterprises (MSME) loan application process. BSP is also developing the concept note and draft standard loan application form. This initiative aims to streamline/ lessen the requirements of financial institutions and provide more access to MSMEs.

In a press release by the BSP, it has allowed loans to large enterprises and MSMEs to be considered banks’ alternative reserve compliance until end-2022 to help companies affected by the pandemic. Consequently, loans that are guaranteed by the Philippine Guarantee Corporation, the Agricultural Guarantee Fund Pool (AGFP), and the Agricultural Credit Policy Council (ACPC) were assigned a zero percent credit risk weight. This move is meant to encourage banks to lend to small farmers and fisherfolk.

Continue reading BSP to standardize MSMEs loan application process

Government supports exporters on COVID-19 challenges faced

AnchorThe export industry remains resilient and optimistic to face the global health and economic crisis brought by the covid19 pandemic.

They are now producing in-demand products such as face masks, personal protective equipment (PPE), face shields, and other relevant medical supply needed in this time of pandemic. They have also opened the window to market their products through online platforms. Indeed, these products are potential to the export sector – to cater the world demand in the global market.

On the other hand, the government takes into account the challenges faced by the businesses; initiating programs to help address such concerns. Issues and concerns of exporters nationwide as well as updates on the regional Programs, Actions Plans and Policies (PAPs) are gathered from the recently concluded PEDP 2018-2022 Virtual Regional Consultations held this August 12, 19 and 26, 2020 for Luzon, Visayas, and Mindanao. The topmost concern raised is financial assistance specifically for medium-sized enterprises, with the approval of Bayanihan Act, the government thru the Department of Trade and Industry’s non-bank, lending arm – the Small Business Corporation (SB Corp) contributed to ease out the burden of these companies in need. They rolled out the SBCares program to help those micro and small business enterprises that have closed their businesses during the pandemic.

Now upon the approval of Bayanihan Act 2, SB Corp. assured support to Medium Enterprises, using their own corporate funds. SB Cares2 is now ready to roll out this program after the issuance of the implementing guidelines regarding requirements, terms and conditions for borrowers. Medium Enterprises upon compliance of requirements can borrow from Php500,000 to Php5 Million with zero interest.

On the logistics and supply chain unceasing issues, the Export Development Council (EDC) through its Networking Committee on Transport and Logistics (NCTL) successfully advocated for the online processing and payment of port charges, etc. through the issuance of BOC-DTI-PPA-ARTA Joint Memorandum Circular (JMC) no. 01 s. 2020. The JMC makes online filing, processing and payment of port charges, cargo handling charges, other cargo handling related charges, permits, and ancillary fees, and customs taxes and duties mandatory.

To help sustain the economy through supply chains, the Inter-Agency Task Force (IATF) created the Technical Working Group for Anticipatory and Forward Planning (TWG-AFP) chaired by the National Economic And Development Authority (NEDA) to develop detailed recommendations in the rebuilding of consumer and business confidence, the resumption of economic activities under the new normal, including strategic stockpiling. It is a joint initiative of various government agencies and private stakeholders.

Recently, the EDC approved two (2) project proposals worth Php3 Million of the Department of Trade and Industry (DTI) – Center for International Trade Expositions And Missions (CITEM) in lieu of the annual physical event as that of MANILA FAME Show; these are the (1) China International Import Expo (CIIE) 05 to 10 November 2020 and (2) China- Asean Expo (CAEXPO) which will be held on 27 to 30 November 2020. The said projects will benefit some 20 Philippine exhibitors in terms of subsidy for their participation fee and freight cost.
For further details of the above-mentioned project, you may visit the CITEM website at – PKC

PEDP 2018-2022 Virtual Regional Consultations in Luzon, Visayas and Mindanao

The Export Development Council (EDC), in collaboration with the Department of Trade and Industry- Export Marketing Bureau (DTI-EMB) and Philippine Exporters Confederation, Inc. will conduct a series of virtual regional consultations via zoom in Luzon, Visayas and Mindanao comprising the top 10 exporting regions. 

The said event/s aims to present the updates on the implementation of the Philippine Export Development Plan (PEDP) 2018-2022 and solicit commitments among stakeholders in regions to implement the Plan. Participants of the event are stakeholders such as direct and indirect exporters, logistics providers and the concerned government agencies (MC 27 agencies).

Recently, the EDC and EMB convened the PEDP Focused Group Discussion (FGD) virtually which was participated by the PEDP focal representatives from the 18 concerned government agencies directed under Memorandum Circular (MC) no. 27 to strengthen the implementation of the Plan. The FGD gathered updates from each agency on their Programs, Action Plans and Policies which has been affected by the pandemic.

The PEDP Virtual Regional consultations is scheduled every Wednesday (2:00pm-4:30pm):

LUZON (12 August 2020) : NCR, Region III-Pampanga and Region IV-A-CALABARZON

VISAYAS (19 August 2020): Region VI- Iloilo, Region VII- Cebu, and Region VIII- Tacloban

MINDANAO (26 August 2020): Region X- Cagayan de Oro, Region XI- Davao, Region XII- SOCCSKSARGEN and CARAGA

DOLE’s CAMP initiative to address gaps for affected workers during the pandemic

As the COVID-19 pandemic become a hindrance to workers to sustain their everyday living, the Department of Labor and Employment (DOLE) highlighted the implementation of its COVID-19 Adjustment Measures Program (CAMP) to address gaps for the affected workers. CAMP serves as a safety net program of financial support to affected workers in private establishments that have adopted flexible work arrangements or temporary closure. The program was intended to mitigate the economic impact of reduced income due to the pandemic.

DOLE analyzed their strong and weak points in implementing the said program. It was identified that the majority of the CAMP applications were Micro, Small and Medium Enterprises (MSMEs) acquiring a total of over 1.6M applications and over 550,000 workers have already received the aid as of May 2020.

However, due to budget limitations, the agency has only accommodated 650,000 workers and still seeking ways to accommodate the unserved applications. These updates were given by DOLE Assistant Secretary Dominique Rubia-Tutay during the eFora on “Preserving Jobs: Reshaping the Future of Work and the Talent Pool”- Episode 6 of the #ResilienceandRecoveryPH: An eForum Series organized by the Philippine Exporters Confederation, Inc. (PHILEXPORT), Employers Confederation of the Philippines (ECOP), Philippine Chamber of Commerce and Industry (PCCI), and the Philippine Disaster Resilience Foundation (PDRF).

For further details and information on the eForum series, email at communications@philexport.phPKC