• DTI to conduct learning session on performance excellence program for exporters

      By PhilExport News and Features 20 May 2019 Published also in Business Mirror THE Department of Trade and Industry (DTI) aims to conduct a learning session on Philippine Quality Award (PQA) program for local exporters that intends to help them achieve world-class performance. Already, 81 organizations in the private and public sectors which excel in quality and productivity were conferred the PQA over the past 10 years. “It is not an award for product or service quality, but for a quality management system that hinges on improvement in the delivery of products and/or services, and provides a way of satisfying and responding to customers’ needs and requirements,” said a briefing paper on PQA program released by the DTI-Competitiveness Bureau. PQA provides an internationally comparable...

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    • ICC set to launch Incoterms 2020 to guide global traders

      20 May 2019 Published also in Business Mirror THE International Chamber of Commerce (ICC) is preparing for the publication of Incoterms 2020, an update of the renowned regulations that define the responsibilities of buyers and sellers operating in the international trade system. Facilitating trillions of dollars in global trade each year, the “international commercial terms,” or Incoterms rules, are a commonly accepted set of definitions and rules governing commercial trade activity. Following a series of studies conducted in the 1920s, ICC discovered discrepancies in the interpretation of commercial trade terms used by traders from different countries. Based on these findings, ICC concluded there was a need for the creation of a common protocol for importers and exporters everywhere. The first...

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    • AANZFTA eyes self-certification to facilitate trade of goods

      20 May 2019 Published also in Business Mirror PHILIPPINE exporters may soon find it easier to export under the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) agreement as the ASEAN and Australia-New Zealand are planning a pilot program allowing the use of a declaration of origin (DOO) as evidence that the imported goods meet the rules of origin (ROO) and are eligible for preferential tariff treatment. Under the proposed DOO pilot, origin certification under AANZFTA can be provided by either the DOO or the existing certificate of origin (COO), it was disclosed at a recent workshop in Pasig City. Thus, the pilot will make documentation of origin a dual system, with traders having the option to use either the COO or DOO. A DOO is a statement the goods are originating goods that meet...

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    • Swedish firms interested to do business in PHL

      By PhilExport news and Features 20 May 2019 Published also in Business Mirror SWEDISH companies are keen on investing in the Philippine market, particularly in sectors that are picking up here, apart from infrastructure. A report titled “Philippines-Open for Business” published by Business Sweden identified these sectors as manufacturing, retail and e-commerce, and information technology-business process management (IT-BPM). “The manufacturing sector is expected to grow steadily in the coming years. It will be a priority investment area for both the public and private sector, given that it has higher employment, income and output multipliers compared to other industries,” it said. The report underscored the need for enhanced productivity in order for the country to make a significant...

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    • Export Ready: 2019 South Korea Import Goods Fair

      By Georgina Verdeflor | Market Innovation Division (MID) | DTI-Export Marketing Bureau 13 May 2019 Published also in Business Mirror A NUMBER of Philippine exporters will exhibit their products for the first time at the 17th Import Goods Fair (IGF) organized from June 27 to 29, 2019, by the Korea Importers Association (KOIMA) at the Hall B, Coex, Seoul, South Korea. This year’s event is jointly implemented by the Department of Trade and Industry’s Export Marketing Bureau (DTI-EMB) and the Philippine Trade and Investment Center in Seoul, South Korea. The IGF has been successfully designed and hosted with the support and participation of South Korea’s Ministry of Trade, Industry and Energy, and the Korea Trade-Investment Promotion Agency (Kotra), as well as many foreign embassies in Korea....

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