The Department of Trade and Industry (DTI) participated in the ASEAN SME Showcase and Conference held on May 26 to 28, 2015 at the Kuala Lumpur Convention Center, as the Philippines enhances the competitiveness of its small and medium enterprises (SMEs) and prepare them for the regional integration. The DTI’s Bureau of Small and Medium Enterprise Development (BSMED) organized a delegation of 12 Philippine SMEs which showcased food and beverage, organic and natural products, handicrafts, eco bags, capiz products, South Sea pearls, lingerie, exhaust system and metal products.
“We are excited about the vast trading and networking opportunities the ASEAN SME Showcase and Conference presented here. As we aim to make our SMEs more competitive on the global stage, we will definitely follow through on the best practices and learnings from this conference,” said delegation head DTI Regional Operations Group Undersecretary Zenaida Maglaya who also represented DTI Secretary Gregory Domingo at the conference.
In the Philippines, the DTI promotes SMEs by conducting trade fairs of their products and implementing SME programs such as the Shared Services Facilities, SME Roving Academy, Industry Clustering, a nationwide information campaign on Doing Business in Free Trade Areas and industry roadmap development. Fostering SMEs’ participation in the regional and global economy is one of the key agenda of the Philippines’ chairmanship of the Asia-Pacific Economic Cooperation (APEC) 2015.
The ASEAN SME Showcase and Conference 2015 is an inaugural event organized by the Malaysian government which aims to provide prominence to the development of SMEs in an increasingly integrated ASEAN business environment. It will be officiated by the Prime Minister of Malaysia and attended by Ministers for SME Development, senior officials and business leaders of the region. The showcase with over 500 exhibitors is expected to attract more than 10,000 international trade visitors, including multinational companies for the business-matching platform.