Participated in by various government officials involved in different trade negotiations, the TNSS was one of the initiatives of Philippine Trade and Investment Center (PTIC) in Geneva, Switzerland which aims to capacitate Philippine representatives when it comes to trade negotiations and dialogues.
The implementing rules and regulations (IRR) on controlled chemicals has been signed and approved by DTI and DILG.
The IRR is pursuant to Section 4-C to 4-F of Presidential Decree (PD) No. 1866 as amended by Republic Act (RA) No. 9516, which provides the list of chemicals to be controlled, the streamlined procedures for the regulation including storage, handling, and transport of controlled chemicals; and the accreditation guidelines for logistics providers, including those that are company-owned trucks and service vehicles.
The IRR is a product of the consolidated inputs and insights of the members of the various meetings and consultations of a main technical working group (TWG) co-chaired by Trade Undersecretary and Board of Investments (BOI) Managing Head Ceferino Rodolfo and DILG Undersecretary Edwin Enrile; and the three sub-technical working groups on the categorization of chemicals, streamlining of processes, and accreditation of logistics providers and company-owned trucks and service vehicles on controlled chemicals.
“Chemicals are basic inputs in the operations of the manufacturing sector and therefore it is important to the system up and running smoothly as this would easily translate into improvement of the other sectors within the manufacturing industry,” said Secretary Cristobal.
The Department of Trade and Industry’s Industry Promotion Group (DTI-IPG) urged micro, small and medium enterprises (MSMEs) to follow international product standards to break into the global market – in a seminar conducted under the Negosyo, Konsyumer, at iba pa (NKATBP) event held in Waterfront Hotel, Cebu City last June 11.
Participated in by over 200 MSMEs, exporters, would-be exporters, entrepreneurs including local startups and innovators, government trade promotions and business development officers, the seminar dubbed as “Catapulting New Business for the Global Market” held various discussions on how to drive businesses into the growing global market and how government programs and initiatives can assist in finding the right market for their products and services.
The IPG, composed of the Export Marketing Bureau (EMB), Foreign Trade Service Corps (FTSC), Philippine Trade and Investment Center (PTIC), Center for International Trade Expositions and Missions (CITEM), and the Design Center of the Philippines (DCP), takes the lead in developing and implementing programs and activities that promote the Philippines and local entrepreneurs’ products and services in the domestic and international market.
The Philippine Board of Investments (BOI) announced the approval of Mitsubishi Motors Philippines Corporation and Toyota Motors Philippines Corporation as participating car makers of the country’s Comprehensive Automotive Resurgence Strategy (CARS) Program.
Trade Assistant Secretary Rafaelita Aldaba said that the CARS Program aims to raise local vehicle manufacturing to expand the country’s auto parts making capabilities. CARS is expected to attract PHP 27 Billion in fresh investments, manufacture 600,000 more vehicles, and add PHP 300 Billion to the domestic economy (equivalent to 1.7 percent of gross domestic product).
Mitsubishi applied to produce 200,000 units of the Mirage/Mirage G4 while Toyota applied for the production of 230,000 units of an all new (full model change) Vios. As participating carmakers, they are required to localize the production of body shell and large plastic parts and components.
Toyota and Mitsubishi’s initial investments totaling P8 billion will create some 14,000 new jobs, salaries and wages of which will also amount to Php8 billion over a six year period. Parts makers who will be working with Toyota and Mitsubishi are expected to generate over Php18 billion fresh investments for the country.
The CARS Program also expects total government revenues to amount PHP408 billion in import duties, VAT, excise tax, income tax, withholding taxes. Direct purchases of raw materials for parts making will amount to Php63 billion.
The Department of Trade and Industry (DTI) is set to showcase Filipino retail brands at the “Lifestyle Philippines” event on June 10, 2016 at Shangri-La Hotel, Jakarta, Indonesia.
The event includes a fashion show that will feature Karimadon and Rusty Lopez, two iconic brands in the Philippines that have begun to create a following in Indonesia’s fashion-forward clientele market. Other brands that will be featured are Plains and Prints and Cruzzini Barong Tagalog.
Barong Batik, a known fashion innovation for many diplomats and dignitaries will also be exhibited at the said event. It is a fusion of Philippine barong and Indonesian batik designs into one.
Apart from apparel, the event will also feature potential Filipino food products for exports under the Flavor Philippines such as Goldilocks polvoron, Mama Sita’s sauces and mixes, Leslie’s snack products, Destileria Limtuaco’s spirits and liquors, and other artisanal food products such as dried fruits and nuts, jams and marmalade, bottled sardines, and chocolate dipped dried mangoes.
DTI opened the 3rd Negosyo Center Plus in UP Cebu. The Negosyo Center Plus is a Negosyo Center with Fabrication Laboratory and Co-Working space.
U/Maglaya said that the Negosyo Center with Fablab Co-working Space launching is a milestone for the Department after unveiling the first two in Santiago City and Ilocos Sur. The DTI is also set to open 4 more Negosyo Center with Fablab Co-working Spaces in Tacloban City (Eastern Visayas State University) on June 21, Bicol (Bicol University Compound) on June 23, National Capital Region (CITC Marikina; University of the Philippines – Diliman) on September 14, and in Zamboanga City (Zamboanga State Ploytechnic College) on October 7.
I came across an article featuring S/ASC mentioning that the next administration will come in with a strong manufacturing sector performance. What I find interesting are the different statistics that was mentioned. I thought it’s interesting to monitor this stats as this provide a clear picture of the state of the country’s industrial and manufacturing sector in particular.
The stats are as follows:
- Average quarterly growth of manufacturing (vs. services and agriculture) including the growth per sector (i.e. mining, etc.)
- Capital formation
- Fixed capital expenditure formation
- Government spending
- Volume of Production Index
- Value of Production Index
- Employment generated per sector
- FDI inflows per sector