PHILEXPORT News and Features

The PHILEXPORT News and Featuresor PNF is a major policy advocacy publication released every Friday to media out­lets nationwide. It carries PHILEXPORT positions on issues; news and feature stories on important events and activities; and even promotional articles. Initiated with USAID fund­ing assistance, it is now fully operated and funded by PHILEXPORT.

2024

31 October

Exporters told to enhance sustainability via design

Exporters and manufacturers are called to enhance environmental sustainability of their products and services through design with the use of digital tools and avail programs and services.

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DTI seeks industry inputs on PH-EU FTA, digital trade deals

The Department of Trade and Industry (DTI) is strongly urging industry stakeholders to make their sentiments and wishes known regarding important trade deals and digital trade initiatives currently being negotiated by the Philippines, including the Philippines-European Union Free Trade Agreement (PH-EU FTA), ASEAN Digital Economy Framework Agreement (DEFA), World Trade Organization E-Commerce Joint Statement Initiative (JSI), and digital trade agreements.

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BIR clears issues on processing VAT refund claims

The Bureau of Internal Revenue (BIR) has addressed questions by taxpayers about the agency’s verifying and processing procedures for value-added tax (VAT) refund claims.

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Skills mismatch: a barrier to economic growth

With its vigorous maritime transport sector, Asia is still the region best connected to global shipping networks, its leading position in shipping connectivity boosting trade and powering growth, according to the latest Review of Maritime Transport released by the United Nations.

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Ways to stand out as retail biz this Holiday season

Retailers can use data and artificial intelligence (AI) to develop an innovative promotion and discount strategy to double down on dynamic pricing and stand out this Holiday season amid judicious spending and unabated inflation, according to trend forecaster WGSN.

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Reforms for ‘sustainable takeoff’ of PH aviation industry pushed

Modernizing and continued upgrading of airports and institutionalizing competitive incentives schemes are urgently needed to build the momentum for a sustainable take-off of the Philippine air transport, according to a policy brief.

 
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BIR issues rules on tax treatment of pass-thru fees in power industry

The Bureau of Internal Revenue (BIR) has set out to explain the provisions of the Ease of Paying Taxes (EOPT) Act as they apply to the handling of taxes for pass-through charges in the power industry.

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25 October

Design’s low-hanging fruits: Going green, servicification of manufacturing

Green entrepreneurship and servicification of manufacturing are “low-hanging fruits” which can be picked by businesses engaged in the country’s design industries.

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Alignment of skills training and industry needs pushed anew

Education and labor experts are pressing once more for a closer linkage between the outputs and outcomes of educational institutions and vocational programs and the skills needed by industry to reduce the significant national occupational skills gap that they warned will hamper economic growth and inclusivity if left unaddressed.

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BIR ORUS adds new functions

The Bureau of Internal Revenue (BIR) has made more functions available in the Online Registration and Update System (ORUS), a web-based system giving taxpayers a convenient and alternative facility for the end-to-end processing of their registration with the tax collector.

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PHILEXPORT chief: MSME support, skills development vital to sustained growth

The leader of the Philippine Exporters Confederation, Inc. (PHILEXPORT) called for the support and expansion of the micro, small and medium enterprise (MSME) community, the development of a solid middle class, and the resolution of the education crisis as effective pathways to sustained economic growth.

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PPA Green Code eyed for OK by end-October

The Philippine Ports Authority (PPA) is calling for stakeholder comments and recommendations on its proposed unified policy on port environment management, which seeks to address the lack of a comprehensive and sustainable strategy to protect the ports’ natural ecosystem while promoting sea trade growth at the same time.

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PH firms need more support amid weak awareness, readiness for EU ESG rules—survey

Philippine companies badly need more support to prepare them to meet the growing demand for sustainability, as domestic firms have turned out to have among the lowest awareness levels of the European Union’s environmental, social and governance (ESG) legislation, a new international study has found.

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Asian maritime connectivity remains strong despite global upsets

With its vigorous maritime transport sector, Asia is still the region best connected to global shipping networks, its leading position in shipping connectivity boosting trade and powering growth, according to the latest Review of Maritime Transport released by the United Nations.

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Firms engaging in R&D activities, availing financing more likely to be innovation-active

Firms in the services sector that utilize research and development (R&D) activities –whether outsourced or in-house– and avail of financing are more likely to be innovation-active, according to a survey examined by the Philippine Institute for Development Studies (PIDS) discussion paper.

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18 October

Design mindfulness can enhance export competitiveness—expert 

Green entrepreneurship and servicification of manufacturing are “low-hanging fruits” which can be picked by businesses engaged in the country’s design industries.

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DOST programs, services boost firms’ competitiveness

Companies from diverse fields can avail of various programs and services offered by the Department of Science and Technology (DOST), including a partnership with research and development institutes for innovating local products and boosting competitiveness through acquisition of new and relevant technologies.

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ASEAN stays resilient with record $230B in FDI in 2023

Reign direct investment (FDI) inflows to the Association of Southeast Asian Nations (ASEAN) reached a record US$230 billion in 2023 despite an overall decline in global flows, but those to the Philippines registered a fall, according to a new joint report.

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Employers upbeat on Christmas outlook

The head of the Philippines’ umbrella organization of employers shared his optimism that the Christmas season will be a good one for employers and employees alike, even as he underscored the need to attract more foreign investments and further improve ease of doing business to create more job opportunities for Filipinos.

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Firms urged to get ready to comply with requirements of EU’s deforestation regulation

Companies doing business in the European Union are advised to get ready to comply with the requirements of its deforestation regulation which come into effect this Dec. 30.

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New standards on textiles eyed for adoption

The Bureau of Philippine Standards (BPS) of the Department of Trade and Industry (DTI) is seeking feedback from stakeholders on recommendations to adopt several new standards on textiles.

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Mindanao Container Terminal welcomes new Evergreen, Wan Hai Lines joint service

The new bi-monthly service enhances MCT’s connectivity with key international markets in Hong Kong and Taiwan through the ports of Cagayan de Oro, Davao, Shekou, Subic, and Cebu. It further strengthens MCT’s role as an important gateway for trade in Mindanao.

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Visayas Container Terminal ushers in new era of efficiency

Visayas Container Terminal (VCT), International Container Terminal Services, Inc.’s (ICTSI) business unit in Iloilo, recently put into operation two new mobile harbor cranes (MHC), the first of their kind in Panay Island. These are expected to enhance Iloilo port’s role as a competitive and efficient trade gateway for Western Visayas.

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11 October

PHILEXPORT chief: MSME support, skills development vital to sustained growth

The leader of the Philippine Exporters Confederation, Inc. (PHILEXPORT) called for the support and expansion of the micro, small and medium enterprise (MSME) community, the development of a solid middle class, and the resolution of the education crisis as effective pathways to sustained economic growth.

READ MORE >>

PPA Green Code eyed for OK by end-October

The Philippine Ports Authority (PPA) is calling for stakeholder comments and recommendations on its proposed unified policy on port environment management, which seeks to address the lack of a comprehensive and sustainable strategy to protect the ports’ natural ecosystem while promoting sea trade growth at the same time.

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PH firms need more support amid weak awareness, readiness for EU ESG rules—survey

Philippine companies badly need more support to prepare them to meet the growing demand for sustainability, as domestic firms have turned out to have among the lowest awareness levels of the European Union’s environmental, social and governance (ESG) legislation, a new international study has found.

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Digital Tax Evolution: Digital Services Tax

The digital landscape is constantly evolving, and the Philippine government has taken a significant step towards adapting to these changes with the passage of Republic Act No. 12023, otherwise known as the Digital Services Tax Law. This new legislation introduces a Value-Added Tax (VAT) on digital services, targeting both domestic and foreign providers operating in the Philippines.

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Expanding Mindanao’s middle class requires unified action in agri, educ, health, and enterprise dev’t

Experts and stakeholders at the 10th Mindanao Policy Research Forum (MPRF) highlighted the critical need for collaboration among government, the private sector, and civil society to effectively address the region’s unique challenges and unlock its full potential.

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PH has huge opportunity to raise share in global creative industries

The Philippines has a vast opportunity to increase share in the global creative industries as streaming services and ecommerce are reshaping the production and distribution of creative goods, according to a trade official.

 
 
 
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SMEs told to identify steps needed to have digitally-enabled biz environment

Small and medium enterprises (SMEs) need to assess first their readiness before embarking on digital transformation to Industry 4.0 which is also an essential part of business survival, according to a handbook released by the Asian Productivity Organization (APO).

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