BOI jointly with the US-ASEAN Business Council (US-ABC) conducted a workshop on “Supply Chain Readiness Training” for the Automotive Sector.
The workshop aims to transfer information, knowledge and skills from multinational companies to broader Philippine SMEs on various good business, legal practices and solutions in enhancing their competitiveness.
The workshop is part of the government and the private sector’s collaborative efforts to further integrate the country’s small and medium enterprise (SME) automotive players as competitive participants in global value chains.
The Philippines was selected by the World Economic Forum (WEF) and the World Intellectual Property Organization (WIPO) to be one of the pilot countries for the implementation of the Inventors Assistance Program (IAP). Through the Program, eligible inventors and businesses seeking patents for their inventions will receive pro bono advice from IP lawyers for their IP filings in the Philippines or abroad.
DTI signed an MOA with Meralco to map out activities to support and promote the development of MSMEs.
In the MOA, the DTI Field Offices would allow MERALCO to post and distribute advertising materials in Negosyo Centers and invite MERALCO in the annual SME Development Week celebration to feature its products and services.
Likewise, MERALCO, in turn, would provide technical assistance to MSMEs on MERALCO’s service application requirements; give free technical consultancy related to electricity and power for DTI’s Shared Service Facilities (SSF) Program and updates on its energy efficiency programs through a tour of its Power Laboratory.
The BOI now accepts applications for the Comprehensive Automotive Resurgence Strategy (CARS) Program.
Car and car parts manufacturers eligible for the program have sixty (60) days upon publication of the CARS memorandum circular to submit their applications. The memorandum circular announcing the opening of applications is scheduled to be published on Friday, January 15, 2016.
An inter-agency committee, composed of representatives from the Departments of Finance, Transportation and Communication, Science & Technology; Technical Education and Skills Development Authority; the Industry Development Council; and the National Competitiveness Council, will evaluate the applications within the prescribed one-month period. Board decisions are expected to be announced before June 2016.
The CARS Program (Executive Order No. 182), signed into law by President Benigno S. Aquino in May last year, provides fiscal support for investments in the manufacture of whole body large plastic parts, other strategic parts that are not currently produced locally, and provides variable incentives to induce both volume production and logistics efficiency.
The CARS program targets to generate 200,000 new jobs, bring in fresh investments worth US$1.2 billion, stimulate local demand by increasing vehicle sales to US$9.2 billion, and effectively implement industry regulations that will revitalize the Philippine automotive industry. The program is anchored on the resurgence of the automotive manufacturing industry and in priming the country as a regional automotive manufacturing hub.
U/ZCM reported the accomplishments of ROG for 2015. Among the many milestones of the Regional Operations Group are:
- establishment of more than a hundred Negosyo Centers,
- Shared Service Facilities (SSF),
- Diskwento Caravans,
- SME Roving Academies (SMERA),
- Agrarian Reform Communities (ARCs),
- the assistance to typhoon Yolanda victims through the Livelihood Seeding Program,
- National Industry Clustering,
- Bottom-up Budgeting (BuB),
- Coconut Industry Development Program,
- National Industry Cluster Capacity Enhancement Project (NICCEP),
- Promotion of Green Economic Development (ProGED)
On the Industry clustering strategy, the 6 priority industry clusters are:
- coco coir,
- processed fruits & nuts, and tourism support industries.
Philippine key industry players, composed of aviation parts and components manufacturers, maintenance, repair and overhaul providers (MROs), airlines, and aviation training organizations will join the Singapore Airshow 2016 from 16-21 February 2016.
DTI-EMB and the European Union (EU) Delegation to the Philippines launched the Philippine Export Guidebook. The guidebook outlines the various guidelines, regulations, procedures, and the required documentation of agencies involved in export.