BOI facilitated Bamboo Industry Development Roadmap Workshop

During the meeting, stakeholders noted the reports and analyses done on priority areas and high potential growth sectors of the bamboo industry.  Propagators of bamboo planting materials and plantation developers were highlighted on the supply side. Proponents of furniture and handicrafts, specialized products, engineered-bamboo, construction, agriculture and fisheries, biofuel, food products, pulp and paper, bamboo chips as fuel, and chemical products sectors comprised the demand side.

A review of the issues raised by bamboo producers and processors were also discussed and among them focused on the availability of raw materials, government policies and regulations, research and development, and bamboo industry competitiveness.  Participants from the private sector also shared information on newly-developed bamboo products and big-ticket projects for the bamboo industry.

The industry’s short-term goals stated that by end of 2017, the Philippine Bamboo Industry Development Council (PBIDC) is strengthened through a Republic Act or an Executive Order. In the same year, an inventory of bamboo resources and bamboo enterprises should also be completed and data management system on resources and enterprises already established.

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OECD reviews PHL investment policy

OECD launched the book “Investment Policy Review of the Philippines,” in Paris, France. The Review provides a comprehensive approach in strengthening policies and institutions in the Philippines. This review assesses the overall investment climate in the Philippines, looking at investment policy, investment promotion and facilitation, competition policy, infrastructure investment and responsible business conduct.  SASC attended the launching.

Negosyo, Konsyumer ATBP

DTI will hold the first series of delivery of various assistance and services to provinces called “Negosyo, Konsyumer ATBP” (NKATBP) in Davao City and Cagayan Valley Region (Santiago City, Isabela City) on April 25 to 27 and April 25 to 29, respectively.

NKATBP is aimed at bringing closer to the micro, small and medium enterprises (MSMEs) focused and integrated menu of DTI Services and Programs targeted to help MSMEs address the challenges they are currently facing in their business operations and improve their competitiveness.

During the first half of the year, Negosyo, Konsyumer ATBP. will be brought also in Bicol Region on May 25-27; Ilocos Region on May 26 to 28; Eastern Visayas on June 21 to 23; Central Visayas on June 9 to 11; Zamboanga Peninsula on June 16 to 20; and National Capital Region on June 23 to 25.

In the second half of 2016, the Negosyo, Konsyumer ATBP. will be in Cordillera Administrative Region, Central Luzon, Calabarzon, Mimaropa,  Western Visayas, Central Mindanao, South Cotabato and Caraga Region.

Among the other objectives of the Negosyo, Konsyumer ATBP. are to:

  1. Provide a platform to showcase all DTI services, programs and projects in areas accessible to the general public particularly the consumers and businesses
  2. Provide and enhance business capabilities of existing and would-be entrepreneurs to strengthen and increase their potential and competitiveness
  3. Increase the level of awareness of consumers on their rights and responsibilities and the business sector on their compliance to the prescribed laws and policies
  4. Increase awareness of the public on the various major programs and services of DTI

Reinforce the public’s perception of DTI’ Good Image and strengthen the DTI’s “Ramdam Effect” to the general public.

156th Negosyo Center opens in Lucky China Town Mall

S/ASC and Sen. Bam inaugurated the 156th Negosyo Center in Lucky China Town Mall in Binondo, Manila. DTI targets to open an additional 143 Centers nationwide this year.

SASC noted that “Negosyo Centers are excellent channels to connect with entrepreneurs, to provide them with assistance, and to ensure that micro small and medium enterprises (MSMEs) benefit from government trade policymaking and execution”.

Business matching with Korean food companies

DTI-EMB, together with Philippine Trade and Investment Center-Seoul, Department of Tourism (DOT), and the ASEAN-Korea Center, recently held a business matching activity between local food entities and major companies from South Korea at the SMX Convention Center in conjunction with the Madrid Fusion Manila 2016.

The seven Korean food companies interested in sourcing Philippine food products include FF Corporation, Bar Kor, Jinsung FM, Naesung Enterprise Co. Ltd., Nature Food, ILSHINNAPU, and Korea’s biggest fruit company, CJ Cheiljedang.

Featured during the event were different Philippine food and beverage export products from around the country including sauces and condiments of Mama Sita’s, pure sap coco sugar from Cocoro, coffee from Bote Central Inc., calamansi products from nuBlends corporation, peking duck from Maharlika Agro-marine ventures corp, snack food from Universal Robina Corp., baked products from Magic Melt, confectioneries from Monde Nissin, natural sweetener from Suchero, coconut oil from Minola, coco water and coco products from VCO Philippines among others.

Through the assistance of the DTI Regional Offices, about 20 Philippine food companies coming from various regions in the country participated during the said event and a total of 120 Philippine food exporters were able to discuss possible sourcing of products and explore business opportunities through direct supply, distribution, partnership, or joint venture agreements with the Korean delegates.

As part of the business matching activity, a seminar on global competitiveness of food products in the Philippines was also held. Topics on sourcing, packaging technology and gourmet food were presented by respective speakers from South Korea.

The business matching activity generated a total of 118 business meetings from 59 exporting companies and total potential sales of USD195M.

DTI holds RCEP and AHKFTA consultation

DTI will consult stakeholders on the Regional Comprehensive Economic Partnership (RCEP) and the ASEAN – Hong Kong, China FTA (AHKFTA).

The proposed RCEP, which is composed of ASEAN and its dialogue partners (Australia, New Zealand, India, Korea, Japan and China), accounts for nearly30 percent of the world’s trade, and is projected to have a combined gross domestic product of about $21.2 trillion.

On the other hand, AHKFTA, which refers to ASEAN’s engagement with Hong Kong, China, offers the Philippines market access to an estimated 60 million tourists a year.

The RCEP and AHKFTA consultations fall under the One Country, One Voice (OCOV) program, the government’s consultative mechanism for stakeholder participation in trade policy formulation. OCOV, launched by the DTI in 2010, engages stakeholders to identify policy gaps and relevant interventions and support the development of government’s positions and appropriate strategies for negotiating current and possible future trade engagements.

PHL participates in CeBIT

The Philippines is further sustaining its position as a mature regional hub for information technology and business process management (IT-BPM) as the country’s major industry players recently highlighted the Philippines as a viable investment location for IT-BPM and showcased the competencies and proven track record of the Filipino workforce in delivering world-class services during the CeBIT Fair in Hannover, Germany recently.

IT-BPM is currently the fastest growing industry in the country.  In 2015, IT-BPM industry reached $22 billion in revenue, generating around 1.2 million full-time employees. For 2016, the IT-BPM industry is eyeing to surpass the revenue figures earned in 2015 and targets $25 billion in revenue and 1.3 million direct employment opportunities.

CeBIT, a German language acronym for Centrum für Büroautomation, Informationstechnologie und Telekommunikation, is a sought-after global trade fair and event to promote IT services.  The Hannover edition is one of the most prominent conventions and attracts the most number of visitors and exhibitors.  Over the years, CeBIT has become an important platform for ICT companies from different parts of the regions to explore partnerships and exchange expertise through exhibitions, global conferences, and networking events.  In 2016, the fair attracted 100,000 visitors with over 3,300 exhibitor companies from 70 countries.

Over 70 meetings / business queries were facilitated on site. The delegation generated interests in the form of outsourcing possibilities and potential inbound visits in PH, as well as collaboration work with European company leads and industry associations.

After CEBIT, the delegation proceeded to Berlin for the conduct of Business Forum, as well as to hold company meetings and networking receptions.

The forum was followed by a Networking Luncheon, hosted by Amb. Thomeczek, for the promotion of global in-house centers / shared service centers in PH.  This was attended by the testimonial speakers during the forum, executives of the German Outsourcing Association and the Association of German Banks.