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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.
An official consultative body comprised of the Bureau of Customs (BOC) and its industry partners has been set up to provide a forum for addressing issues and concerns related to customs and industry matters.
Targeted support for women micro-entrepreneurs and building a stronger information and communication technology (ICT) infrastructure are needed as they venture into e-commerce, according to a study conducted by the public policy think tank and research arm of the Asian Institute of Management (AIM).
The Philippines is currently energy insecure, which makes it vulnerable to oil shocks and power interruptions. To enhance power security, the country needs to further develop its indigenous resources and reduce its reliance on imports, according to a new study.
Developing countries can facilitate access to capital of small and medium enterprises (SMEs) and promote their participation in trade to maximize the development benefits of internationalization.
Policymakers must implement comprehensive strategies to improve access to finance and prioritize capacity building in digital technology of small and medium enterprises (SMEs) in Asia and the Pacific as they participate in global value chains (GVCs).
Clients, including business enterprises, of One-stop Laboratory Services for Global Competitiveness (OneLab) network have reported reduced transaction times, cost savings due to government support and shared resources, and improved compliance with regulatory requirements, according to the Philippine Institute for Development Studies (PIDS) discussion paper.
School closures during the first wave of COVID-19 lockdowns inflicted significant learning losses on students. Younger students and those from disadvantaged backgrounds are experiencing the greatest setbacks, compromising their educational trajectory and future opportunities.
The head of the Employers Confederation of the Philippines (ECOP) said the business sector is opposed to the Senate draft bill seeking a P100 increase in the daily minimum wage of private sector workers nationwide.
The Bureau of Internal Revenue (BIR) has issued another clarification, this time on the change of registration status for registered export enterprises (REE) from value-added tax (VAT)-registered entity to non-VAT-registered entity.
Entrepreneurs will do well to practice demand forecasting for its many benefits including better planning for needed inventory levels, improved charting of revenue growth, and greater understanding of market demand for a given product.
The Department of Science and Technology (DOST) has launched a program that seeks to boost regional textile innovation as furniture and garments are among the priority industries for domestic and export markets.
Trend forecaster WGSN cited wellness-focused priorities and indulging in upgraded beauty staples of millennials which brands can consider in their product offerings.
The head of a business organization of Philippine employers said they support the Bagong Pilipinas campaign of the Marcos administration and the Charter change drive, but admitted the business sector is “confused” about the latter initiative to amend the Philippine Constitution.
Despite moderate improvement, current progress in ensuring quality education by 2023 is insufficient, warns a new study by the Philippine Institute for Development Studies (PIDS). It reveals critical areas needing immediate action such as tackling the root causes of widespread learning deficits among students, establishing an open data policy, and revamping teacher training and workload.
Taxpayers are advised to be up-to-date with the provisions of the Ease of Paying Taxes (EOPT) Act, including the rules and changes pertaining to the value added tax (VAT).
Filipino exporters, particularly those of food, are encouraged to increase trade with India and unlock export potential in the huge market estimated at US$566.92 million.
Demand for Philippine goods slightly weakened in January 2024, resulting in only a slight rise in new orders and a weakening of output growth, according to the latest Purchasing Managers Index (PMI) data from S&P Global.
Textile industry players and other micro, small and medium enterprises (MSMEs) are advised to register and protect their intellectual properties (IPs) to boost market competitiveness.
Economies of Asia and the Pacific can enhance tourism exports in the region through investments in creating tourism infrastructure, business facilities and human resources, and developing specialized policies for tourism exports, according to a report released by the Asian Development Bank.
Trend forecaster WGSN has cited four consumer profiles personifying tomorrow’s luxury behaviors in Asia, which luxury brands can engage with in authentic and humanizing ways through innovative technology and retail.
The Philippine Ports Authority (PPA) has awarded International Container Terminal Services Inc. (ICTSI) a 25-year concession contract to develop and operate the Iloilo Commercial Port Complex (ICPC) in Western Visayas. This marks a significant step towards transforming ICPC into a modern, efficient, and premier gateway for the region.
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