10 January 2018
also published in Business Mirror
THE Export Marketing Bureau (EMB) of the Department of Trade and Industry (DTI) is set to release in February the new and revised Philippine Export Guidebook.
The guidebook is a user-friendly tool that serves as an assurance of the DTI’s commitment to help micro, small and medium enterprises (MSMEs) become globally competitive through export.
This year, the EMB designed the guidebook with the MSMEs in mind—keeping it practical and straightforward, with the hopes of answering the initial questions about export processes in the Philippines.
The MSME sector is key in attaining the Philippines’s export targets because not only do they comprise 99.5 percent of Philippine businesses; they are also a great source of creativity and innovation, which are needed to maintain the country’s competitive advantage and enable the Philippines to leapfrog through its growth trajectory.
The guidebook outlines the different processes an exporter must go through, the advantages and costs involved in a particular process, as well as the agencies that must be contacted. With this information, the EMB, with the help of different government agencies, intends to make exporting easy and stress-free.
“We hope this guidebook becomes the start of greater things ahead: A long and lasting relationship between private companies and the DTI and the EMB, the success and growth of local business through exporting, and insurance that local entrepreneurs and domestic manufacturers and other companies continue to contribute to an inclusive and sustainable growth for the Philippines,” said Senen M. Perlada, EMB director.