DTI to facilitate the formulation of E-Commerce 2020 Roadmap


The Department of Trade and Industry is committed to facilitate the formulation of the 2020 E-Commerce Roadmap.

The 2020 roadmap is dubbed to be the industry’s blueprint of perfect vision. “The coming years will be bullish for Philippine e-commerce and come 2020, our strategies and plans for the industry will exhibit a 20/20 vision— utterly perfect and accurate,” Undersecretary Prudencio Reyes Jr. declared in the recently concluded E-Commerce Forum.

To formulate the roadmap, DTI is set to conduct a series of Technical Working Group (TWG) meetings this year to gather stakeholders and involve them in the process. “It is important to involve everyone [stakeholders] in the process of coming up with the roadmap. Their active involvement is needed to arrive at an accurate and perfect vision of where the industry is and where it ought to go,” Reyes said. Furthermore, Reyes mentioned that the exchange of ideas between and among stakeholders through the TWG meetings holds the most important part of the process, as it is where the industry can identify its true and correct direction.

The TWG is divided into the pillars of: (a) information security; (b) data privacy; (c) e-payment; (d) consumer protection; and (e) logistics, aimed to develop e-commerce, bring government transactions to the future, decrease corruption by integrating technology, and facilitate ease of doing business.

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Philippines, Bangladesh seek business synergies


Banking on their sustainable economic growth, inclusive development strategy, and increasing young population, the Philippines and Bangladesh explore their growing trade and investment potentials to look for synergies and give a boost to bilateral economic relations.

“We are similar in terms of (economic) growth and export dependency, wherein 40 percent of our exports are electronics,” DTI Undersecretary Ponciano C. Manalo, Jr. said during a recent call by a 6-member Bangladesh business delegation to the Philippines. Manalo added that the Philippines has a lot to learn from Bangladesh, and vice-versa.

The delegation is led by Bangladesh Philippines Chamber of Commerce and Industry (BPCCI) President Rashed Maksd Khan, and composed of top executives of key businesses in Bangladesh.

Manalo noted that the Philippines needs to build on sectors such as garments, tourism, and processed food since these employ most of the country’s population.

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Doing business with EU using GSP+

GSP+

Department of Trade and Industry (DTI) Undersecretary Adrian S. Cristobal, Jr. (third from right) shakes hands with Counsellor and Head of the economic and trade section of the European Union (EU) delegation to the Philippines Walter van Hattum (third from left) during the recent forum on doing business with the EU using the new Generalized System of Preferences (GSP) scheme or GSP+ on January 14, 2015 at the DTI International Building in Makati City. Cristobal is joined by (from left) DTI Assistant Secretary Ceferino S. Rodolfo, Export Marketing Bureau (EMB) Director Senen M. Perlada, DTI’s Philippine Trade and Investment Center (PTIC) in Brussels Commercial Counsellor Zaffrullah G. Masahud, and Department of Agriculture’s Attache to Belgium Jose I. C. Laquian. The EU GSP+ offers a larger coverage of 6,274 products that will be accorded zero duty. During the forum, Cristobal noted that the GSP+ will boost inclusive growth in the Philippines. In the first year of GSP+ implementation, Philippine exports under GSP is expected to increase by 10.77 percent or €491 million, and create 267,000 new jobs. (DTI-PRU)

Working on trade and investment synergies

bangladesh

Department of Trade and Industry (DTI) Undersecretary Ponciano C. Manalo, Jr. (fourth from left) receives a token from Bangladesh Philippines Chamber of Commerce and Industry (BPCCI) President Rashed Maksud Khan during a call on January 21, 2015 at the Industry and Investments Building in Makati City. Khan led a 6-member delegation composed of top executives of key businesses in Bangladesh. Joining them are Philippine Trade and Investment Center in New Delhi Commercial Counselor John Paul B. Iňigo (left) and Philippine Ambassador to Bangladesh Vicente Vivencio T. Bandillo (second row,right side). With their sustainable economic growth, inclusive development strategy, and increasing young population, the Philippines and Bangladesh explore their growing trade and investment potentials to look for synergies and give a boost to bilateral economic relations. Khan said that next year, the BPCCI will send a bigger business delegation, and a joint economic commission meeting is also anticipated on the government-to-government level. PTIC-New Delhi, which supports the Philippines' trade and investment interests in India, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka, has been closely collaborating with BPCCI to promote trade and investments between the Philippines and Bangladesh. In 2013, Bangladesh ranked as the Philippines’ 66th trading partner, 67th export market, and 56th import source. (DTI-PRU)

EU’s GSP+ to spur inclusive growth in PH


The Department of Trade and Industry (DTI) is confident that the European Union’s (EU) new Generalized System of Preferences (GSP) scheme or GSP+ will help the government attain inclusive growth in the Philippines.

During a recent forum on this new scheme, DTI Undersecretary Adrian S. Cristobal Jr. said that the Department’s program to maximize the utilization of the GSP+ is expected to create jobs in the rural areas.

“We are encouraged and even inspired with the confidence of some sectors in projecting an immediate or short-term impact of about 200,000 jobs for the first year of the GSP+ implementation,” Cristobal said.

Likewise, data presented by Philippine Trade and Investment Center in Brussels Commercial Counselor Zafrullah G. Masahud, show that Philippine exports under GSP are expected to increase by 10.77 percent or €491 million in the first year of the GSP+ implementation. The products that are expected to significantly benefit from the implementation are animal or vegetable fats and by-products (e.g. coconut oil), prepared foodstuffs (e.g. prepared pasta, cashew nuts), textiles and textile articles (e.g. T-shirts, shawls, life jackets), footwear (e.g. footwear with non-applied soles), and vehicles (e.g. bicycles and parts).

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