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    • Philippines, Russia follow through on JCTEC initiatives

      09 May 2018 In Photo: Ceferino S. Rodolfo (left), Department of Trade and Industry undersecretary, and Ministry of Economic Development Deputy Minister Alexey Gruzdev meet in Manila on April 19 for the cochairmen’s meeting of the Philippines-Russia Joint Commission on Trade and Economic Cooperation.  TRADE Undersecretary Ceferino S. Rodolfo and Ministry of Economic Development Deputy Minister Alexey Gruzdev met in Manila on April 19 for the cochairmen’s meeting of the Philippines-Russia Joint Commission on Trade and Economic Cooperation (JCTEC). The JCTEC is a mechanism to improve bilateral economic relations between the Philippines and Russia. During the meeting, the following areas for collaboration were discussed: trade and investment promotion, industry development, labor, higher...

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    • PHL participation in Biofach earns $27.5 million in negotiated sales

      By Aleli Donado | Emerging Products Division | DTI-Export Marketing Bureau 09 May 2018 Published also in Business Mirror THE Philippines’s first participation in Biofach 2018, held at the Organic Exhibition in Nuremberg, Germany, recently recorded total negotiated sales amounting to $27.5 million, roughly P1.426 billion.  Organized by the Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), in coordination with the Philippine Trade Investment Center (PTIC)-Germany, the country’s participation in the four-day event provided the Philippine exhibitors the opportunity to showcase organic products duly certified by the European Union (EU). These include muscovado sugar; moringa (malunggay) tea, capsule and powder; roselle flower tea, jams and candies; and coconut products such as...

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    • Exporters asked to tap market opportunities in Vietnam

      By Gina T. Yap | Market Innovation Division | DTI-Export Marketing Bureau 09 May 2018 Published also in Business Mirror THE Department of Trade and Industry (DTI) urged participants to the information session on “Market Opportunities in Viet Nam” to be more active in promoting trade with the Socialist Republic and diversify the Philippines’s export products to that country. Speaking at the information session organized by the DTI-Export Marketing Bureau (EMB) and Foreign Trade Service Corps on April 13, and attended by 61 participants representing 34 exporting companies, DTI Undersecretary for Industry Development and Trade Policy Group Ceferino S. Rodolfo said the challenge with Philippine exports to Vietnam is that they are focused on electronics. He urged the participants to sell...

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    • DTI-EMB holds ‘FTAs through ROO’ info session

      By Maria Jaena Padilla Go-Aco | Market Innovation Division | DTI-Export Marketing Bureau 09 May 2018 Published also in Business Mirror THE Department of Trade and Industry-Export Marketing Bureau (DTI-EMB), together with the Philippine Exporters Confederation Inc. (PhilExport), conducted a workshop on “Unlocking the Potentials of FTA Markets through the Rules of Origin” last May 3 at the DTI International Building. Philexport President Sergio R. Ortiz-Luis Jr. noted the seminar workshop played a relevant and important link to the Philippines, most especially to exporters, for it can capture a major share in the global trade. The seminar aimed to continuously update the business sector on how to avail itself of preferential tariffs when trading with countries where the Philippines has...

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    • YCH Group Singapore clarifies news report

      09 May 2018 Published also in Business Mirror IN the May 2, 2018, issue of Export Unlimited, a story titled “PHL receives $185.7-M investment pledges from Singapore companies” included a paragraph that said “Trade Secretary Ramon M. Lopez also signed an LOI with Asean Business Advisory Council Chairman Robert Yap, which involves a feasibility study on a suitable site for the implementation of a free online marketplace, SGConnect legacy project.” In an e-mail to the BusinessMirror dated May 4, 2018, Daniel Wong, assistant manager, Executive Chairman’s Office of the YCH Group Singapore, said, “To be clear, the SGConnect legacy project is not a free online marketplace, and is not related to the web site—  https://www.sgconnect.sg. Rather, the legacy project aims to facilitate integration of Asean states while...

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