Member economies of the Asia-Pacific Economic Cooperation (APEC) convened the First Meeting of the Technical Group on Measurement of APEC Trade in Value Added (TiVA) Services and discussed effective ways in monitoring the accumulation of costs in trade requiring additional data on Global Value Chains (GVCs). Trade in Value Added measures flows related to the value that is added by a country in the production of a particular good or service that is exported.
To achieve the common goal of deepening and widening participation of Micro, Small and Medium Enterprises (MSMEs) in trade requires the monitoring of their actual participation and appreciating the value on the direct or indirect contributions of MSMEs in the global value chains.
- Published: 29 May 2015
Palawan Welcomes BIMP EAGA Senior Officials on Transportation and Connectivity Talks
Brunei-Indonesia-Malaysia-Philippines East ASEAN Growth Area (BIMP EAGA) Senior Officials and Cluster Heads flew to Puerto Princesa, Palawan on 25 to 26 May 2015 to strengthen commitments on connectivity and transportation linkages, among others, in the completion of the BIMP EAGA Blueprint for 2012-2016.
The two-day event was attended by Philippine Senior Official and Department of Trade and Industry (DTI) Undersecretary Prudencio M. Reyes, Jr., Palawan Governor Jose Chavez Alvarez, and Senior Officials and Cluster Heads from Brunei, Indonesia, Malaysia, and the Philippines.
- Published: 26 May 2015