30 C
Makati City
Wednesday, August 16, 2017
KUALA LUMPUR, Malaysia—As the Asean celebrated its 50th founding anniversary, 2017 marks an opportune time to reflect on what Asean has achieved over the past five decades and what it seeks to accomplish ahead. Speaking at the Asean@50 Conference in Kuala Lumpur on August 4 before an assembly representing various...
STRONGER tourism, investment and trade relations between Malaysia and the Philippines were underscored by the reopening of the Philippine Trade and Investment Centre in Kuala Lumpur (PTIC-KL) in 2016. The renewal of economic ties is a push by the current administration to bring in investment and consequently economic development in...
FREEPORT AREA OF BATAAN—The Department of Trade and Industry (DTI) is urging manufacturers, export producers and registered business locators here to take advantage of a preferential tariff scheme granted by the European Union (EU) that allows duty-free access to exporters from developing countries, like the Philippines. In a forum conducted...
Part Two The Philippines is aggressively promoting services, such as information technology BPM (services/software development and business-process outsouring like contact centers, Health Information Management System (HIMS), game development and animation and other services, like franchising and education audio-visual among others. Jocelyn Carrasco said that with the partnership with CIAP-POCB, a series...
THE Philippines is now ready to join the $3.2-trillion global halal market after the Philippine Halal Export and Development Promotion Board, led by the Department of Trade and Industry (DTI), adopted on July 26 the implementing rules and regulations (IRR) of Republic Act 10817, or the Philippine Halal Export...
IN an effort to further support Philippine brands in accessing the global market, the Department of Trade and Industry’s (DTI) Design Center of the Philippines recently held a design challenge for young design professionals dubbed as “Pick  Pack  Boom” at the exhibition hall of Design Center in Pasay City. The...
Part One SIXTY construction-industry players and consultants, along with the Department of Trade and Industry’s Construction Industry Authority of the Philippines-Philippine Overseas Construction Board (DTI CIAP-POCB) and the Services Division of Export Marketing Bureau (EMB), participated in a capacity-building seminar for POCB-registered companies at Emperor Hall, Makati Palace Hotel in...
THE Philippine government has paved the way to improve and ease the country’s trading of goods in the region. The Philippines can now exchange shipment information electronically with exporters and importers in Asean countries to facilitate trade in the region. President Duterte signed on  June 28 the ratification of the Protocol...
THE Export Marketing Bureau (EMB) of the Department of Trade and Industry conducted a Market Opportunity Mapping (MOM) Mission to South Africa from June 25 to July 2. Headed by EMB Director Senen M. Perlada, with EMB-Market Innovation Division Chief Rafaelita C. Castro, the mission aimed to explore trade prospects...
PHILIPPINE micro- small- and medium-sized enterprises (MSMEs) that want to expand their market overseas—especially in highly developed markets, such as Switzerland, the European Union (EU) and the US but are uncertain on how to proceed—can now tap the expertise and experience of  international trade lawyers for free. Sidley Austin Llp.,...
SIXTEEN Philippine food companies generated $23.4 million worth of export sales in the recently held Taipei International Food Show (TIFS) at the Nangang Exhibition Center Hall 1 in Taiwan from June 21 to 24. Led by the Center for International Trade Expositions and Missions (Citem), the Philippine delegation surpassed the...
DUBBED as the “Kitchen of the World”, Thailand enjoys the continuous growth of its food-production and -processing sector because of its investment and continuous research and development (R&D) in the food and related sectors, specifically packaging and labeling. For this reason, The Department of Trade and Industry’s Export Marketing Bureau...
LA TRINIDAD, Benguet—As the Philippines holds the chairmanship of the Asean this year, the Public Information Agency (PIA) of the Cordillera Administrative Region  organized a multisector forum on Asean on June 30  at the Benguet Provincial Capitol. The forum was led by the PIA in partnership with the Benguet provincial...
HONG KONG—In the midst of calls for protectionism and global economic developments, the Asean stands ready to respond to issues affecting trade and investment, drawing strength from its integrated economies. Speaking at the Hong Kong East Asia Summit on July 11, Asean Economic Ministers Chairman and Philippine Trade Secretary Ramon...
TO better teach 21st-century learners, a company advocates for virtual reality (VR) be integrated and utilized in the Philippine educational system. Paolo Espiritu, CEO and cofounder of Haraya Labs, a VR platform-building company, shared in a networking event sponsored by the Department of Trade and Industry (DTI) that is time...
THE United Coconut Association of the Philippines Inc. (Ucap) recently issued a statement clarifying the American Heart Association’s (AHA) advisory against the consumption of coconut oil. In the statement, Ucap said the advisory has gone viral with an adverse effect on coconut oil,  since it is considered a saturated fat....
THE Philippines, through Department of Trade and Industry’s Board of Investments  Governor Lucita P. Reyes, Semiconductor and Electronics Industries in the Philippines (Seipi) President Danilo Lachica and Ionics Vice President for Operations Jay Chavez, recently participated in the celebration of World Trade Organization’s (WTO) 20th Information Technology Agreement (ITA)...
PASAY CITY—Following the 2017 Doing Business (DB) Report indicating the Philippines moved up four spots from 103rd last year to 99th out of 190 economies, the country’s trade chief expressed hope for the Philippines to reach top 20 by 2020 in the global competitiveness and ease of doing business...
Conclusion Working on a nutty comeback WILL Mexico, which currently has a minuscule coconut production, catch up fast enough to compete with world leaders like the Philippines and Indonesia?  The Mexican government thinks that, by putting programs and resources in place, it can be a contender. Mexico’s main challenge is to address...
SUBIC BAY FREEPORT—About 200 entrepreneurs from Zambales and Olongapo City learned best practices from some of the most successful business executives in the country through the Mentor Me  program of the Department of Trade and Industry (DTI). The mentoring session, held on June 14 at the Subic Bay Travelers Hotel...
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