MAKATI – The Department of Trade and Industry (DTI) and Kultura, the country’s largest retailer of homegrown products, signed an agreement on 24 March to open Go Lokal! stores in SM Makati.
DTI Secretary Ramon Lopez, together with Industry Promotion Assistant Secretary Rosvi Gaetos and DTI 4-B Regional Director Joel Valera signed the agreement with Kultura represented by its Senior Vice-President for Operations Ivy Frances Yap and Merchandising Head Fatima Uy. This partnership allows Kultura to operate and manage Go Lokal! in order to provide greater market access to micro, small, and medium scale enterprises (MSMEs).
Go Lokal! is a design-led concept store and market platform showcasing modern and indigenous quality products crafted, designed, and created by innovative Philippine micro, small, and medium enterprises (MSMEs). It is mostly found in consumer-frequented locations as a mainstream distribution channel for world-class products while offering value for money to consumers. Go Lokal! is a public-private collaboration and serves as avenue for incubation, marketing, and branding for the best of Philippine MSME products including the next generation One Town One Product (OTOP) offerings.
“Kultura and Go Lokal! are complementary avenues to help our local MSMEs gain retail foothold in the Philippine domestic market. We are pleased to open a Go Lokal! together with Kultura as a testament of our collective thrust of inclusive growth and development of our MSMEs.” said Secretary Ramon Lopez.
The trade chief also said that aside from providing market access for MSME products, the Go Lokal! is a platform for new entrepreneurs to test the marketability of their products without fear of losing out on rental and commercial costs because their Go Lokal! experience is free-of-charge.
Kultura is the leading brand for uniquely Filipino products.
“Kultura has become a showcase of local artistry and craftsmanship and furthers its advocacy by partnering with the DTI for its Go Lokal Project, providing a venue for the distribution and promotion of products sourced from MSMEs,” said Ms. Ivy Yap.
Its Go Lokal pop-up store opens in April and will run throughout the year at the 2nd level of SM Makati.
DTI, SM’S KULTURA SIGN DEAL TO OPERATE GO LOKAL! Department of Trade and Industry (DTI) and Kultura, the country’s largest retailer of homegrown products, signed an agreement on 24 March in Makati to open Go Lokal! stores in SM Makati. Go Lokal! is a design-led concept store and market platform showcasing modern and indigenous quality products crafted, designed, and created by innovative Philippine micro, small, and medium enterprises (MSMEs), mostly found in consumer-frequented locations as a mainstream distribution channel for world-class products while offering value for money to consumers. A public-private collaboration, it serves as avenue for incubation, marketing, and branding for the best of Philippine MSME products including the next generation One Town One Product (OTOP) offerings. DTI Secretary Ramon Lopez (R), together with Assistant Secretary Rosvi Gaetos and DTI-4B Regional Director Joel Valera signed the agreement with Kultura represented by its Senior Vice-President for Operations Ivy Frances Yap (left) and Merchandising Head Fatima Uy. The trade chief said that aside from providing market access for MSME products, the Go Lokal! is a platform for new entrepreneurs to test the marketability of their products without fear of losing out on rental and commercial costs because their Go Lokal! experience is free-of-charge.
In line with the administration’s agenda of advancing the micro, small and medium enterprises, Department of Trade and Industry (DTI) Secretary Ramon Lopez announced the nationwide schedule of the Kapatid Mentor ME for 2017.
The Kapatid Mentor ME Program aims to assist MSMEs scale up and sustain their businesses through weekly coaching and mentoring by business owners and practitioners on different functional areas of entrepreneurship. it is a joint program of DTI and the Philippine Center for Entrepreneurship – Go Negosyo.
“With our strong desire to help the country’s MSMEs and provide jobs to Filipinos, DTI and PCE-Go Negosyo conceptualized the Kapatid Mentor ME Program to serve as the entrepreneurs’ guide to a globally competitive enterprise,” DTI Secretary Ramon Lopez said.
The trade chief, as chair of the ASEAN Economic Ministers’ (AEM) Meeting and Related Meetings, continues to champion the MSME development thrust at the meeting with his fellow ASEAN economic leaders, bringing the said national priority to the regional agenda.
The Kapatid Mentor ME sessions kicked off last March 8, 2017 in Catbalogan, Samar and will run in 89 areas in 16 regions throughout the country until the end of the year.
The 11-week program will have weekly modules such as Marketing, Financial Management, Human Resource Management, Operations Management among others. On the 11th week, the mentee is required to present his/her business improvement plan, incorporating the learning from the lectures and mentoring sessions.
To qualify as a mentee, the entrepreneur should be a business owner or manager of an enterprise with an asset of P3 million and below, operating for at least one year.
“To help address poverty, we are consistently determined to produce more entrepreneurs, as well as generate more jobs for Filipinos,” Sec. Lopez said.
The Department of Trade and Industry (DTI) sees exports recovering in 2017 as numbers surged in January 2017 with an increase of 22.5 percent with total sales of $5.130 billion from $4.187 billion recorded value in the same period last year according to the Philippine Statistics Authority (PSA) report.
“We are positive that we will continue to drive growth and recovery for the export sector as we increase our efforts in promoting Philippine industries throughout the year in various key markets. We take the consistent growth since the last quarter of 2016 as a sign for positive outlook in the coming months,” said DTI Industry Promotion Group Undersecretary Nora K. Terrado.
Eight out of the top ten Philippine exports reflected growth with articles of apparel and clothing accessories with 270.1% increase as the highest gainer. Other gainers include: coconut oil includes oil and refined (229.6%), chemicals (104.7%), metal components (66.3%), electronic equipment and parts (64.8%), other manufactures (58.8%), machinery and transport equipment (27.9%), and electronic products (10.4%).
Electronic products remain to be the top Philippine export comprising almost 46 percent of the total Philippine exports with total receipts of $2.365 billion for January. On the other hand, non-electronic goods which accounts for 54 percent of exports likewise increased by a hefty 35.19% for that same month.
In terms of commodity groups, manufactured goods went up by 23.1 percent with total export sales of $4.505 billion, accounting for 87.8 percent of the total export receipts while exports from Total Agro-Based Products, with a 7.5 percent share to total exports in January 2017, amounted to $386.46 million. It increased by 33.7 percent compared to $289.12 million in January 2016.
Japan is still the top Philippine export destination with 17.3 percent share to total exports while United States ranks second with 16.5 percent share.
By economic bloc, exports to European Union member countries posted the highest growth with 82.5 percent increase from $491.34 million recorded in January 2016 to $896.69 million for the same period in 2017.
]“The increase in our shipments to European Union member countries could be attributed to the impact of EU GSP+ which continues to gain traction for our exports. We wish to further build on this by integrating new strategic measures in promoting the Philippines and our products and services,” explained Undersecretary Terrado.
On the other hand, countries in East Asia received most of Philippine exports accounting for 45.1 percent share to total exports valued at $2.315 billion. It increased by 11.1 percent from $2.085 billion of January 2016.
Exports to ASEAN member countries comprised 14.7 percent of the total exports in January 2017 and was valued at $751.54 million also posted growth which went up by 19.3 percent.
For more information on the services of the DTI, log-on to http://www.dti.gov.ph#
The Department of Trade and Industry’s Consumer Protection Group (DTI-CPG) joins other member organizations of the Consumers International (CI) from different countries in the celebration of the World Consumer Rights Day (WCRD) on 15 March 2017.
The Consumer Protection and Advocacy Bureau (CPAB), under the DTI-CPG, in coordination with the Consumers International (CI), holds a half-day Consumer Forum on 15 March, from 1:00PM to 5:00PM at the Robinsons Galleria Activity Area in commemoration of the WCRD.
The WCRD is an annual occasion which marks the day when the late US President John F. Kennedy formally addressed the issue of consumer rights on 15 March 1962 at the US Congress. It provides an opportunity to raise global awareness about consumer rights which must be protected and respected at all times.
This year’s celebration theme is “Building a Digital World Consumers can Trust”, which pushes for
better digital access, security, understanding and redress.
The forum topics include E-Commerce Business Ethics and Trends in Online Shopping, Tips to Avoid Online Shopping Fraud and Scam and Promotion and Development of E-Commerce in the Philippines.
The keynote message will be delivered by DTI-CPG Undersecretary Atty. Teodoro C. Pascua, while the forum speakers are Director Mark Joseph Panganiban of the Digital Commerce Association of the Philippines (DCOM), Inc.; Supervising Agent Martini Cruz of the National Bureau of Investigation (NBI), and Division Chief Maria Crispina S. Reodica of the DTI-E-Commerce Office.
The DTI-CPAB has invited participants from micro, small and medium enterprises (MSMEs), consumers, academe, youth, DTI employees, LGU and other government agencies to attend the event.
Undersecretary Pascua asserts, “Through the Forum, the Department aims to create and promote a reliable digital economy that consumers can depend on without having to worry about their safety and security”.
“Aside from prioritizing the rights of the consumers, the DTI-CPG particularly identifies the Filipino students, as millennials, to actively participate in the advocacy program for consumers to understand their rights and to exercise them”, Undersecretary Pascua adds.
The Department intends to educate students on their privileges as consumers knowing that they are more likely to engage in many online transactions and be involved in e-commerce activities.
For the forum, the DTI-CPAB invited the contest winners of the “Tanghalang Pangmamimili” that was conducted by the DTI’s Regional Office of CALABARZON (Region-IVA) to show their winning performances.
The Tanghalang Pangmamimili is a competition among CALABARZON students that happens every October in celebration of the Consumer Welfare Month. It is a stage play wherein students perform situations that consumers face concerning their rights and responsibilities.
In line with this, the DTI-CPAB will formally launch its “Dulaang Mamimili”, a nationwide contest in order to influence the youth, especially students, to become more aware of their rights and responsibilities and use them.
Department of Trade and Industry (DTI) Secretary Ramon M. Lopez met with senior executives of Japan’s seven major trading houses in Tokyo recently (March 1, 2017) to discuss President Rodrigo Duterte’s economic programs and Japanese Companies investment interests in the Philippines, conservatively valued at Php198.5B.
During a breakfast dialogue, Lopez—together with Transportation Secretary Arthur Tugade and PH Ambassador-Designate Jose Laurel V—got together with representatives of the sogo shoshas or Japanese companies with a broad range of business activities. Companies present at the meeting were Mitsubishi Corporation, Mitsui and Co., Ltd., Sumitomo Corporation, Itochu Corporation, Marubeni Corporation, Toyota Tsusho, and Sojitz.
“Through sound and consistent macroeconomic policies, the country continues to attract serious investments. The fundamentals are there in terms of a fast-growing economy, a 109-million population base, standing trade agreements, and a young, talented, and dedicated work force,” Sec. Lopez said on the Japanese companies’ willingness to investment in the Philippines.
“All these—plus political will and focused trade and investment policies—act as a magnet for foreign investments,” Sec. Lopez added.
The investment interests of the sogo shoshas would cover the period spanning late 2016 to 2020, and include:
- Marubeni willing to invest in additional coal power plants worth Php75B over the medium term;
- Itochu and Sumitomo (through PH subsidiaries Dole and Sumifru respectively) willing to invest an additional Php12.9B through 2018 to expand their integrated farming projects in Mindanao;
- Sumitomo, Sojitz, and Mitsui jointly invested in Coral Bay Nickle Corporation and Taganito High Pressure Acid Leaching (THPAL) Nickle Corporation in Surigao and Palawan, at a cost of Php80B;
- The CARS program, under the DTI-driven Manufacturing Resurgence Strategy, enjoying the support and participation of Mitsubishi, Sojitz, Mitsui, and Toyota Tsusho; and,
- All 7 trading houses expressing interest in the Philippines’ “Golden Age of Infrastructure,” i.e. the Railway and Subway Projects, the Clark Green City Project, the Expanded Port and RoRo Building Programs, and the Airport Development Projects.
“With DTI’s inclusive business model, our resource-based country has the potential to become a major supplier to the world by fostering value chain linkages and partnerships between the MSMEs as suppliers of goods and services, and the large enterprises as buyers,” Sec. Lopez said.
When asked about the Philippine government’s mining and tax policies, Secretaries Tugade and Lopez responded that government reforms are being crafted along balanced and fair consideration of both industry and consumer interests.
They also assured investors that with public sector agencies rigidly adhering to President Rodrigo Duterte’s zero corruption dictum, projects would receive adequate protection and fair treatment.
The two officials likewise encouraged the Japanese trading houses to use their expansive business systems to help in planning an efficient set of economic infrastructure, such as farm-to-market roads, bridges, seaports, airports, railways for cargo, passengers and RORO vessels, and service providers
The Philippine Board of Investments (BOI), an attached agency of the Department of Trade and Industry (DTI), is now finalizing the general policies and specific guidelines of the 2017 Investments Priorities Plan (IPP) following the approval by President Rodrigo Roa Duterte of the plan on 28 February 2017.The IPP, approved through Memorandum Order No. 12, was published in the March 3, 2017 issue of Manila Bulletin and will take effect on March 18, 2017.
The IPP was approved as proposed by the BOI. The submission to the Office of the President on December 29, 2016, three months ahead of the March 31deadline under the Omnibus Investments Code of 1987, and the subsequent approval of the new IPP is a milestone for the agency.
Trade and Industry Secretary and BOI Chairman Ramon Lopez welcomed the early approval of the new IPP saying “this development is concrete proof of the administration’s decisiveness to further propel the growth of investments and job generation in the country and attain sustainable economic growth”.
The IPP is a list of priority investment activities that may be given incentives. With the theme “Scaling Up and Dispersing Opportunities,” the 2017 IPP brings forth significant additions and changes, following the President’s zero + 10-point Socio Economic Agenda, the aspirations embodied in AmBisyonNatin 2040, and the Philippine Development Plan 2017-2022. Broadly these changes include further emphasis on innovation-driven and job-generating businesses; inclusive business for agribusiness and tourism; broadened coverage of manufacturing; information technology (IT) and IT-enabled services for the domestic market and telecommunications services for new market players; environment and climate change-related projects; LGU-initiated PPP projects; drug rehabilitation centers; state-of-the-art engineering, procurement and construction (EPC) services; and the lifting of geographical restrictions for most agriculture and tourist accommodation facilities.
Formulated through a participative, analytical, and multi-sector process, the new IPP is expected to generate more investments to strengthen manufacturing resurgence and create more jobs as targeted in the PDP 2017-2022. The BOI-approved investments grew 20.4 percent in 2016, reaching P441.8 Billion from the P366.7 Billion registered in 2015. This is the second highest since 2000, with the highest registered in 2013 at P466 Billion. The 20.4 percent growth also exceeded the agency’s 7 percent growth target for 2016.
The BOI is set to conduct IPP Roadshows in key cities all over the country to be led by Undersecretary and BOI Managing Head Ceferino S. Rodolfo to inform and promote to the various stakeholders the salient features of the new IPP.
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