• 16 PHL companies bag $23.4-million export sales in major Taiwan food show

      Published in Business Mirror 25 July 2017 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 target sales of $22 million and exceeded the previous $21.58-million sales generated in 2016 by 8.4 percent. “The Philippines had a successful participation in Taiwan. We surpassed our sales goal and actually brought 16 companies under the Philippine banner from an initial target of 12 companies,” Citem Executive Director Clayton Tugonon. said “We were also able to share necessary information to these companies so that they can...

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    • Pinoy MSMEs can avail themselves of free trade legal service

      by Magnolia M. Uy / Commercial Attaché Permanent Mission of the Philippines to the World Trade Organization, Philippine Trade and Investment Center Geneva Published in Business Mirror 25 July 2017 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., an international law firm, launched the Emerging Enterprises Pro Bono Program to help poor, rural and disadvantaged communities by providing free legal support to MSMEs and market-focused non-governmental organizations (NGOs). Through technical guidance and...

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    • DTI-EMB team conducts market opportunity mapping in South Africa

      Rafaelita C. Castro / Division Chief Market Innovation Division / Department of Trade and Industry Export Marketing Bureau Published in Business Mirror 25 July 2017 In Photo: The Philippine contingent to South Africa is led by Department of Trade and Industry’s Export Marketing Bureau (DTI-EMB) Director Senen M. Perlada (third from left) and Rafaelita C. Castro (right), chief of DTI-EMB’s Market Innovation Division. The group conducted a market-opportunity mapping mission in that country. 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...

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    • Company urges use of virtual reality in schools

      by Verna Mae Barrozo and Mariel Amor Vargas Published on Business Mirror 18 July 2017 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 for the country to introduce VR as a great tool in engaging students and helping them keep up with the other countries’ standard in education. “We’re very much behind in education, and what you’ve seen with virtual reality, you can see how we can keep up with, if not surpass, other countries,” he said last Tuesday, at the QBO Hub in the DTI’s International Building along Gil J. Puyat...

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    • Lopez on Asean: There is unity in diversity

      Published in Business Mirror 18 July 2017 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 M. Lopez discussed current integration efforts in the Asean and how these would eventually translate to regional complementation. “Each economy will be differentiating its products to complement those of other economies. Economies may not necessarily compete, but they may complement each other through product specialization and market segmentation,” Lopez said. He added regional integration has resulted in a wider...

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