PHL exporting okra to Japan for 30 years–MinDA chief
Mindanao Development Authority (MinDA) Secretary Emmanuel “Manny” Piñol on Wednesday clarified that the Philippines has been exporting okra (lady finger) to Japan in bulk for 30 years.
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Philippine exports account for a sizeable percentage of the country’s whole GDP, proving just how crucial exportation is to the economy. With Business Mirror’s Export News today, you won’t have to scour the internet for the latest updates and developments in the exportation and importation of goods both in the Philippines and abroad. Learn about the newest international trade relationships, Philippine product export news, trade plans, and what these mean for the Philippine economy.
Mindanao Development Authority (MinDA) Secretary Emmanuel “Manny” Piñol on Wednesday clarified that the Philippines has been exporting okra (lady finger) to Japan in bulk for 30 years.
Scandinavian countries are the highest per-capita consumers of coffee in the world. According to the CBI Ministry of Foreign Affairs, there is an opportunity for coffee origins and suppliers as evidenced by the emergence of small specialty coffee roasters in the region.
IN the Mintel Report by Southeast Asia (SEA) Beauty & Personal Care Associate Director Sharon Kwek Si Ling, facial skin care and color cosmetics will lead the driving categories in the projected 5-percent growth of the Southeast Asian beauty market in 2020 and 2021.
The Department of Trade and Industry is an active advocate of alternative dispute resolution mechanisms in resolving conflicts in trade and business transactions. The Filipino public may be well oriented with DTI’s mediation and arbitration services for the resolution of consumer complaints.
Stakeholders across the Philippines, including direct and indirect exporters and micro, small and medium enterprises (MSMEs), appealed to the government for urgent help, saying their focus has now been reduced to ensuring day-to-day survival.
By Kris Crismundo / Philippine News Agency
Libya’s state oil company reopened another port, the third to resume operation in less than a week, as a political truce takes hold in the Opec member’s devastating civil war.
AS the economy gradually recovers its footing from the impact of the Covid-19 pandemic, small and medium enterprises (SMEs) in the Philippines and neighboring countries in the region can leverage on eBay’s platform for global export with the launch of its e-commerce accelerator program called “Global 24/7.”
MITO, Japan—Japan’s trade surplus widened in August as the pandemic pummeled a wide array of industries and sapped consumer demand.
The Department of Trade Industry-Export Marketing Bureau (DTI-EMB), Export Development Council (EDC), and Philippine Exporters Confederation (Philexport) held a series of virtual consultations to gather recommendations from exporters in the regions on the implementation of the Philippine Export Development Plan (PEDP) 2018-2022 strategies amid the Covid-19 pandemic.
The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) conducted a webinar titled “Philippine – Brunei Trade and Investment Opportunities in Halal,” with the Philippine Trade and Investment Center (PTIC) – Singapore, Philippine Embassy in Brunei, and the Philippine Trade Training Center (PTTC) on September 3, 2020.
Vietnam is trying to reverse a decline in fisheries shipments, one of the country’s biggest dollar earners, to keep its economy growing amid the coronavirus pandemic.
CANBERRA, AUSTRALIA—Philippine Ambassador to Australia Ma. Hellen B. de la Vega and Department of Trade and Industry Undersecretary Abdulgani Macatoman virtually opened the “Food Philippines-Filipino Food Promotion in Australia” on Tuesday, September 8, 2020, officially kicking-off a four-month Filipino food promotion campaign, which will include a series of events to be hosted in online platforms, major retail outlets, as well as organic and health stores in Australia.
AS the country now produces 60 million face masks and 3.2 million pieces of medical-grade coveralls, the government has called on institutions and organizations to buy personal protective equipment (PPE) and other items from Filipino manufacturers.
The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) and the Philippine Trade and Investment Center in Dubai (PTIC-Dubai) organized a webinar on August 24 to help exporters of beauty and personal care products enter the United Arab Emirates (UAE) market.
Mindanao Development Authority (MinDA) Secretary Emmanuel Piñol renewed an appeal to President Duterte to lift the Marcos-era ban on export of mature coconuts and issue a special permit for Mindanao exporters.
The Department of Public Works and Highways (DPWH) has reaffirmed its commitment to provide infrastructure support to the supply chain and logistics sector in view of the industry’s key role in economic recovery.
Germany expects the blow from the coronavirus crisis to be less severe than feared, as the country reduces its traditional reliance on exports.
The Philippines and Indonesia on Tuesday (August 25, 2020) signed a memorandum of understanding (MOU) that calls for greater facilitation, collaboration, and promotion of programs and joint activities between the two Asean countries.
The government is embarking on initiatives, including shifting toward digitalization, to help micro, small and medium enterprises (MSMEs) recover from the impact of Covid-19 and adapt to the new normal.
The government is urging Turkish companies to participate in the Philippines’s massive infrastructure initiative which it banks to revive its economy following the pandemic and, at the same time, expand bilateral trade with the country.
For the past three decades, Vietnam has known only good—or great economic news. The nation’s consistent growth as an exporter, propelled by Communist leaders who began embracing market-oriented policies in the late 1980s, pushed many into the middle class.
SYDNEY, AUSTRALIA—The Department of Trade and Industry (DTI), through the Philippine Trade and Investment Center (PTIC) in Sydney, DTI’s overseas office in Australia, held a webinar on real-estate investment opportunities last August 13 as part of its Trabaho, Negosyo, Kabuhayan (TNK) webinar series to help overseas Filipino investors (OFIs).
Century Pacific Food Inc. (CNPF), one of the country’s leading food companies, has recently signed a long-term contract as original equipment manufacturer (OEM) for the Linaco Group, a leading regional coconut producer headquartered in Malaysia.
CANBERRA, Australia—China on Tuesday launched an investigation into whether Australia is exporting wine at improperly low prices in a new dispute between major trading partners that could reduce access to the biggest market for Australian vintners.
The government is urging pharmaceutical companies from India to establish manufacturing operations in the Philippines to serve the growing demand not just of the local market but also the entire Asean market and other parts of the world.
To address exporters’ concerns anytime, the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) launched its 24/7 chatbot in the Tradeline Philippines web site, tradeline.dti.gov.ph, on August 10, 2020.
By Hilda Austria / Philippine News Agency
Taiwan’s exports unexpectedly rose for the first time since February, spurred by a surge in US and Chinese demand for technology products.
BRUSSELS—The European Union (EU) on Wednesday began to reimpose customs duties on certain exports from Cambodia in response to what it said are concerns about the Southeast Asian country’s human-rights record.
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