• Part 2: ¡Salud!: Export opportunities in the Mexican alcohol market

      Part 2: ¡Salud!: Export opportunities in the Mexican alcohol market Business Mirror January 11, 2017 THAT’S not to say Filipinos haven’t been making a splash in the region. Global liquor company Emperador Inc., owned by Filipino tycoon Dr. Andrew Tan, purchased through its Spanish subisidiary major Mexican brands, such as Presidente (Mexico’s No. 1 selling brandy), Azteca de Oro and Don Pedro. Not only does this make Emperador the largest brandy producer in the world, it also paves the way for Filipino exporters to possibly tap the Mexican and Latin American market. Our exchanges in the alcoholic sector go beyond the present. In the state of Colima, located in the middle of Mexico’s Pacific Coast, a fermented coconut drink called tuba (pronounced too-bah, like the musical instrument),...

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    • Improved packaging, product quality keys to global competitiveness

      Improved packaging, product quality keys to global competitiveness Business Mirror January 11, 2017 LOCAL food processors are urged to make the packaging of their products conform to legislations and laws of other countries in order to be acceptable and competitive in the global arena. “The future of processed-food packaging shall still be influenced by the needs of product manufacturers and retailers as they try to meet consumer needs for low price and high-quality products,” said Ana Ma. Veronica A. Solano, faculty at De La Salle-College of Saint Benilde. Solano said the packaging industry needs to be proactive to catch up with the fast-changing global packaging technologies and regulations. She said the Philippine government is assisting food processors, particularly the small and...

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    • 5 global packaging trends in 2017

      5 global packaging trends in 2017 Business Mirror January 11, 2017 AN international market intelligence agency has listed five key packaging developments for next year that can help Philippine enterprises leverage their brands and products in the global market. In a newly released study entitled “Global Packaging Trends 2017,” UK-based Mintel enumerates five emerging and mainstreaming packaging trends that will affect brands, consumers, retailers and packaging designers in the coming year. “The majority of consumers are paying attention to package format and design, and purchase drivers are either being directly related to or being communicated through packaging,” the report said. For a start, the report sees a current and continued emphasis on package functionality designed to improve...

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    • DTI to pilot-run PRRD’s microfund program

      DTI to pilot-run PRRD’s microfund program Business Mirror January 11, 2017 FOLLOWING President Duterte’s directive to replace the usurious “56” money-lending system prevalent in the country and provide an affordable microfinancing for the country’s micro, small and medium enterprises (MSMEs), the government’s Pondo sa Pagbabago at Pag-asenso (P3) Program pilots this month in Mindoro, Sarangani and Leyte, among the top 30 poorest provinces, to represent Luzon, the Visayas and Mindanao, the country’s trade chief said. "The P3 is designed to bring down the interest rate at which microfinance is made available to micro enterprises,” Trade Secretary Ramon M. Lopez said. The 2017 General Appropriations Act has included an initial funding of P1 billion for financial assistance, a part of the...

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    • DBFTA program ends 2016, 35% over target

      DBFTA program ends 2016, 35% over target Business Mirror January 4, 2017 THE Doing Business in Free Trade Areas (DBFTA) Program of the Department of Trade and Industry’s Export Marketing Bureau (DTI-EMB) has ended 2016, going 35 percent over its target sessions of 200 for the year. The program completed 270 sessions from January to December 2016, with a total of 32,003 attendees, 78 percent over its target participants of 18,000. Companies represented in those information sessions totaled 10,395, 4 percent over its target of 10,000 companies. The DBFTA is an outreach program of the DTI-EMB that seeks to inform as many local manufacturers and would-be exporters as possible of the benefits of free trade agreements (FTAs) and generalized schemes of preferences (GSPs). DBFTA information sessions...

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