Outlook for PH exports remains weak: ADB
The Asian Development Bank (ADB) said the outlook for Philippine exports remains weak amid lackluster economic prospects in major trade partners, but imports can pick up speed driven by continued…
Demand for chocolate confectionery in Russia robust
Sales of chocolate confectionery have been strong in Russia, with the rise of imports and recovering economy driving growth. The Euromonitor Digest released by the Department of Trade and Industry-Export…
Gov’t, private sectors address impact of Industry 4.0
Highlighting the importance of tripartism in addressing transformations in the world of work, the labor department gathered representatives from the government, labor and employer sectors, and the media to address…
ARTA: Trading, transpo among priorities for gov’t streamlining
The Anti-Red Tape Authority (ARTA) has identified trading and transportation among priority sectors in a project to streamline systems of government agencies. The National Effort for the Harmonization of Efficiency…
E-commerce boosts trade facilitation
The country has been negotiating e-commerce in free trade agreements (FTAs) as it contributes greatly to trade facilitation, according to a policy brief published by the Department of Trade and…
Businesses urged to boost innovation capabilities amid Industry 4.0
The country's chief economist has underscored the need for local businesses to innovate, as the Philippines builds its science, technology and innovation (STI) ecosystem in a bid to harness the…
Information gap a big challenge for MSME access to inclusive innovation projects
The regional head of the Department of Trade and Industry (DTI) in Region 11 has identified "information gap" as the biggest challenge facing inclusive innovation initiatives in the Philippines, adding…
BOC reiterates implementation dates for revised ROO under ASEAN-China FTA
The Bureau of Customs (BOC) is reminding all customs officials, as wells importers and exporters, of the implementation dates for the revised rules of origin (ROO) under the Association of…
New ASEAN NTMs database launched to benefit MSMEs, exporters
Micro, small and medium enterprises (MSMEs) and exporters are encouraged to utilize the newly updated Non-Tariff Measures (NTMs) Database for ASEAN and East Asia, an online tool that provides information…
TradeNet interface with ASEAN Single Window still on in Nov despite snag: BOC
Testing of the Philippines' interconnection to the Association of Southeast Asian Nations (ASEAN) Single Window (ASW) has been put on hold, but the Department of Finance (DOF) and Bureau of…