16 June 2020 | The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), citing international market intelligence company Mintel trends report, has advised food and drink companies to focus on sustainability as consumers will advocate for companies that pursue the triple bottom line—people, profit and planet.
DTI-EMB urges passage of economic stimulus bill to get exporters back on track
11 June 2020 | The Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) is pushing for the passage of House Bill No. 6815 or the Accelerated Recovery and Investments Stimulus for the Economy of the Philippines (ARISE Philippines) to help exporters get back on their feet. The bill was approved by the House of Representatives in its third and final reading on 4 June 2020.
PH game developers explore opportunities with Malaysia
11 June 2020 | The global gaming industry was estimated to be valued at USD152.1B in 2019 which shows that there’s a huge chunk of the market that is open to be served and explored by the Philippines given the current share and capability of the game development industry.
Demand for Internet-enabled products and services seen rising amid pandemic
01 June 2020 | Internet-enabled products and services worldwide are seeing massive spikes in demand particularly from consumers in countries under lockdowns due to the coronavirus disease 2019 (COVID-19).
Shrimp producers and exporters cut costs through good growing practices
26 May 2020 | Good practices have enabled local shrimp growers to decrease costs by 38.5 percent, thus helping them achieve the maximum revenue potential of exporting such aquatic resource.
Philexport welcomes 25% CIT proposal to help business, exports recover
26 May 2020 | The head of the country’s umbrella organization of exporters welcomes government calls to reduce the corporate income tax rate to 25 percent and swiftly pass the Corporate Income Tax and Incentives Reform Act (Citira) to provide relief to “overburdened” businesses, particularly micro, small and medium enterprises (MSMEs) in this pandemic.
Q1 exports slip amid lockdown but electronics subsectors buck trend
MAKATI – Six out of nine electronics exports groups reported positive growth for the first quarter despite the COVID-19 pandemic, according to data from the Philippine Statistics Authority (PSA). Automotive exports, in particular, grew 79% to USD57.4M from USD32.1M in the same period Other gainers were Consumer Electronics (up by 40.9% to USD201.9M); Office Equipment, continue reading : Q1 exports slip amid lockdown but electronics subsectors buck trend
Businesses urged to explore online market spaces during virus pandemic
03 May 2020 | Businesses should look at market spaces, like online platforms, more than geographic spaces, during and after the Covid-19 pandemic, said Senen M. Perlada, director of the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB) during a webinar held on April 22 dubbed, “Market Adjustments and Sustainability: Where do We Sell from Here?”
With export firms as model, trade chief outlines benchmark, protocol in business operations
03 May 2020 | Trade Secretary Ramon M. Lopez said best hygiene and health measures practiced among leading export companies should be the new protocol in business operations as the country prepares for the post-enhanced community quarantine (post-ECQ) scenario.
PHL agriculture exports reach new markets amid Covid-19 pandemic
03 May 2020 | Philippine agricultural exports broke into three new international markets despite the coronavirus 2019 (Covid-19) pandemic and the varied local community quarantines. In the past two months, maiden shipments of avocados arrived in China, cacao in Belgium, and coconut milk in Russia.