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
The Philippine Department of Trade and Industry- Export Marketing Bureau (DTI-EMB) partners with Andalin to boost trade and business-to-business (B2B) interactions between the Philippines and Indonesia. A memorandum of understanding (MoU) was signed by DTI and Andalin on 19 August 2022. The signing was led by Supervising Assistant Secretary of DTI-EMB Glenn G. Peñaranda and continue reading : DTI partners with Andalin Trade to expand exports to Indonesia
Manila—Contributing to the sustained expansion of the country’s economy, the Philippine exports grew by 8.4%, reaching USD31.87 billion in January to May 2022 from USD29.40 billion in 2021, based on the preliminary data from Philippine Statistics Authority (PSA). On a year-on-year (YOY) basis, Philippine merchandise exports increased by 6.2%, adding USD6.31 billion this month in continue reading : PH exports sustain growth at 8.4% in May 2022
Philippine exports reached USD 6.16-B 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-B, 11.9% higher than the USD 10.9-B exports in 2021 and 15.7% higher compared to the continue reading : PH export gains momentum in February, expands by 15.0%, also surpasses pre-pandemic level
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
The Philippine Delegation to 2022 Healthcare Information and Management Systems Society (HIMSS) Conference and Exhibitions in Orlando, Florida has generated expected sales of around USD 30-40 million from roughly 300 leads, 25 of which are closed deals, and four (4) partnership agreements with major industry players during the weeklong business matching activities led by the continue reading : PH Delegation generates about 300 leads at the 2022 HIMSS Conference and Exhibition
The Philippine merchandise exports started out strong this year, reflecting an increase of 8.9%, amounting to USD 6.04-B this month as compared to USD 5.55-B in January 2021, and even surpassed the 2020 pre-pandemic level by 4.16%, equivalent to USD 5.8-B. The said numbers were based on the preliminary data from the Philippine Statistics Authority continue reading : PH exports sustain growth for 11 consecutive months
The Strategic goods export authorizations issued by the Department of Trade and Industry – Strategic Trade Management Office (DTI-STMO) last year was able to generate USD4.5-B in revenues, a significant increase as compared to the previous year’s export value of USD3.6-M which was based on reports submitted by exporters to the DTI-STMO. Exports of information continue reading : Strategic goods exports for 2021 amount to USD4.5-B
Philippine merchandise exports closed 2021 with a 14.5% growth with value reaching USD 74.6B, based on preliminary data from the Philippine Statistics Authority (PSA). Despite the emergence of a new COVID-19 variant that has impeded the full recovery of the global economy, Philippine exported goods increased in December which added USD 6.3B in the country’s continue reading : 14.5% growth caps 2021 PH export, likely to double in the next five years