The Department of Trade and Industry (DTI) – Industry Development and Investment Promotions Group (IPG) and QSweep Tech Services Corporation have partnered to promote Philippine exporters in the digital space through ‘PHX Source,’ an online platform designed to provide greater visibility and access to international markets for Philippine exporters. The Memorandum of Agreement (MOA) was continue reading : DTI, QSweep Sign MOA for PHX Source to Showcase Philippine Exporters to the World
MANILA—Philippine exports dropped to USD6.2 billion in July 2022, following the second month of decline in electronics exports, based on the preliminary data from the Philippine Statistics Authority (PSA). Electronics exports declined further by 7.9% in July 2022, USD291.5 million lower as compared to July 2021. Despite the decline, the electronics sector remains the country’s continue reading : PH export sales drop by 4.2% in July, breaking 16 months of sustained export growth
MANILA — The Department of Trade and Industry (DTI) is reconfiguring the export industry into three clusters as a strategy to achieve industrialization, Secretary Alfredo Pascual said at the membership meeting of the Philippine Exporters Confederation, Inc. (PhilExport) last 31 August. Pascual, who also inducted new PhilExport members, listed the clusters as: Industrial, Manufacturing, and continue reading : DTI to reconfigure exports into 3 clusters as industrialization strategy
Thank you to Philippine Exporters Confederation President Sergio Ortiz-Luis, Jr. for inviting me to speak at this General Membership meeting. To our distinguished guests and the PHILEXPORT members here—a pleasant afternoon. As the Philippines endeavors to achieve economic transformation, we aspire shared prosperity for all. Such vision will enable our country to mark a solid continue reading : Speech of Trade Secretary Alfredo Pascual, Philippine Exporters Confederation’s 3rd Quarter General Membership Meeting
Following two months of accelerated growth, the country’s export sales settles at 1.0% growth for the month of June. Philippine exports grew by USD67.9M to USD6.6B in June 2022, bringing cumulative exports to USD38.5 B for January to June. While export values barely inched higher in June, more Philippine export commodity groups register sustained recovery continue reading : PH export growth momentum eases, grows by 1.0% in June 2022
Manila—Philippine merchandise exports grew by 6.0% in April, with a value reaching USD6.1-B, based on preliminary data from the Philippine Statistics Authority (PSA). Of the USD 348M additional exports in April 2022, coconut products contributed USD 164M or 47% of the incremental export sales for the month. This was primarily driven by exports of coconut continue reading : PH exports in April sustained growth at 6.0%, coconut products as top contributor
CAWIL.AI Solutions from the Philippines was awarded 2nd place out of 100 teams in the International Trade Centre (ITC) SheTrades Hackathon. After a thorough screening, finalists from Egypt, Nigeria, the Philippines, Trinidad and Tobago, and the United Arab Emirates (UAE) presented their innovative ideas to the judges during the Final Pitching and Award Ceremony held continue reading : Filipino start-up company CAWIL.AI Solutions bags 2nd place at the ITC SheTrades Hackathon
Philippine exports reached USD 6.16 billion in February, growing by 15.0% compared to the same period last year, based on Philippine Statistics Authority (PSA) preliminary data. Moreover, cumulative exports for the first two months of the year amounted to USD 12.2 billion, 11.9% higher than the USD 10.9 billion exports in 2021 and 15.7% continue reading : PH export gains momentum in February, expands by 15.0%, also surpasses pre-pandemic level
Despite continued disruptions in the global economy due to COVID-related restrictions, the Philippine exports grew by 15.2% from January to November 2021 to USD 68.4B compared to the same period in 2020, based on Philippine Statistics Authority (PSA) preliminary data. Philippine merchandise exports increased by 6.6% year-on-year (YOY) amounting to USD 6.3B in November 2021 continue reading : PH exports continue to recover boosted by surge in coconut oil sales
Sharing the same belief that the micro, small, and medium enterprises (MSMEs) contribute largely to the future of Philippine export, the Department of Trade and Industry (DTI) – MIMAROPA partnered with DHL Express to organize the Going Global: Export Opportunities and Logistic Solutions for MSMEs in MIMAROPA virtual information session. The session was open to continue reading : DTI fast-tracks logistics and export solutions to spur MSMEs’ growth in MIMAROPA