NEWS
NEDA Urges Refocusing of Export Strategies to Ease Decline National Economic and Development Authority July 12, 2016 Philippine exports continued to dip for the fourteenth consecutive month in May 2016 due to weak global demand, prompting a need to refocus export strategies of firms, according to the National Economic and
Read more. EDC supports Project Repeal of NCC Export Development Council July 11, 2016 The Export Development Council (EDC) has manifested its support to the Project Repeal program of the National Competitiveness Council (NCC) during its launching last 13 June 2016. The said program aims to scrap outdated laws and regulations and
Read more. DTI launches innovation hub for start-up MSMEs Export Development Council July 11, 2016 The Department of Trade and Industry (DTI) - Export Marketing Bureau (EMB) launched the Negosyo Center Plus: Innovation Hub on 6 June 2016 at the DTI International Building, Gil Puyat Ave., Makati City. The Innovation Hub offers
Read more. List of controlled chemicals down to 32 Export Development Council July 11, 2016 The Implementing Rules and Regulations (IRR) on handling chemicals reduced the list of controlled chemicals from 101 to 32. These chemicals regulated by the Philippine National Police (PNP) are now categorized to 15 high-risk and 17 low-risk
Read more. ITC: 94% of procedural obstacles to trade imposed by government Export Development Council July 11, 2016 In a survey on Non-Tariff Measures (NTMs) in the Philippines conducted by the International Trade Centre (ITC), results revealed that 94% of the procedural obstacles (PO) faced by both importers and exporters are imposed
Read more. BOC Issues Operational guidelines for foreign ships Co-Loading Act Export Development Council July 11, 2016 The Bureau of Customs has released guidelines to operationalize some sections of the implementing rules and regulations (IRR) of the Foreign Ships Co- Loading Act. Customs Memorandum Order (CMO) No. 16-2016 was signed by Commissioner
Read more. DTI looks to resolve ‘burdensome’ trade regulations Business Mirror July 6, 2016 THE Department of Trade and Industry (DTI) led the call to repeal “burdensome” nontariff measures (NTMs) identified in a study conducted by the International Trade Centre (ITC) in a roundtable held at the Peninsula Hotel on June 29.
Read more. Improving access to trade finance Business Mirror July 6, 2016 THE newly approved Philippine Export Development Plan (PEDP) includes improving access to trade finance as one of the strategies for export growth and development. Based on the country’s Global Competitiveness Index for 2015, access to finance remains one of the
Read more. DTI pushes for global marketing of the country’s design services Business Mirror July 5, 2016 THE Export Marketing Bureau (EMB), in cooperation with the Philippine Trade and Investment Center (PTIC)-Tokyo, is pushing the global marketing of design services through the organization of one-on-one business matching, market sensing and networking activities,
Read more. Aquino approves law on Customs Modernization Export Development Council June 27, 2016 President Benigno S. Aquino recently signed Republic Act 10863 or the Customs Modernization and Tariff Act (CMTA). The CMTA enables full customs automation and will make it easier for exporters, importers and traders to comply with complex customs
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