P3 LOANS TO BE ACCESSED THROUGH DIGITAL PLATFORM.

P3 LOANS TO BE ACCESSED THROUGH DIGITAL PLATFORM. The Department of Trade and Industry (DTI) is partnering with FINTQnologies Corp. (FINTQ) through Lendr to provide a digital lending platform where micro, small, and medium enterprises (MSMEs) can avail of the Pondo para sa Pagbabago at Pag-asenso (P3) program. “President Rodrigo Duterte always seeks for ways to provide service and assistance to our micro entrepreneurs in the easiest and most accessible way as possible. That’s why DTI tied up with FINTQ to allow MSMEs to access P3 funds through the online platform Lendr,” said DTI Secretary Ramon Lopez. The government, through DTI’s attached agency Small Business Corporation (SBCorp), allocated Php 1 billion per year to fund the P3 program, which aims to assist MSMEs to grow their businesses through low-interest loans. Meanwhile, FINTQ will be conducting a financial literacy caravans in three pilot areas of P3 program, namely: Tacloban, Occidental Mindoro, and Sarangani. The caravan will also offer onsite loan application assistance for MSMEs. In the photo are (L to R) SBCorp President Ma. Luna Cacanando, DTI Undersecretary Zenaida Maglaya, Sec. Lopez, P3 loan beneficiaries Edgardo Waniwan, Angelyn Avila, and Judith Waniwan, Voyager Innovation President and CEO Orlando Vea, FINTQ Managing Director Lito Villanueva

Philippines’ (PH) 5th World Trade Organization (WTO) Trade Policy Review (TPR)

Photo taken March 29, 2018 – At the sidelines of the PH’ TPR, WTO Director General Roberto Azevedo (right) congratulates Philippines Head of Delegation, DTI Undersecretary Ceferino Rodolfo, for the country’s strong economic performance, sustained policy reforms, and valuable contribution as an active member of the WTO.


Photo taken March 29, 2018 – At the sidelines of the PH’ TPR, WTO Director General Roberto Azevedo (right) congratulates Philippines Head of Delegation, DTI Undersecretary Ceferino Rodolfo, for the country’s strong economic performance, sustained policy reforms, and valuable contribution as an active member of the WTO.

photo ceremonial launching of Peace Pocket Forest

Gov. Edgar Chatto and DENR Sec. Roy Cimatu lead the ceremonial tree planting to launch the Peace Pocket Forest project in Barangay Cogon, Balilihan. The activity is in  collaboration with the 47th Infantry Battalion, the Provincial Government, LGU Balilihan, and the DENR. Cimatu is guest of honour during the celebration of the 37th founding anniversary of the Katapatan Battalion.  A simultaneous tree planting was conducted by civic groups. (EDCOM)

CALABARZON Regional MSME Development Council focuses on MSME growth

CALABARZON Regional MSME Development Council focuses on MSME growth. The Department of Trade and Industry Region 4-A recently hosted a Special Organizational Meeting of the CALABARZON Regional MSME Development Council to help promote, support, and strengthen micro, small, and medium enterprises (MSMEs) in the region. The meeting also discussed the MSME Development Plan 2017-2022 with business environment, business capacity, and business opportunities as its focus areas. The development plan serves as the scheme for the convergence of initiatives adopted and implemented by different stakeholders towards growth and development of Philippine MSMEs. The MSME Development Plan 2017-2022 also takes into consideration global issues and provides cross-cutting strategies such as expanding MSME assistance centers, promoting women and youth entrepreneurship, strengthening the role of the local government units, maximizing opportunities in the digital and internet economy, and promoting green growth. In photo are (from L-R) Development Bank of the Philippines Account Officer Assistant John Gendric E. Flores, Director Jerry Clavesillas, DTI-4A Regional Director Marilou Quinco-Toledo, DTI-Rizal Provincial Director Mercedes Parreño, and Rizal Provincial Planning and Development Coordinator Milagros Trias

Stronger PH-Russia relations

Stronger PH-Russia relations. The Department of Trade and Industry (DTI) officials recently met with delegates from Russia to discuss trade and investment cooperation as the Philippines looks to strengthen economic relations, and increasing bilateral trade and investment between the two countries. The meeting also discussed Russia’s pitch for hosting the 2025 World Expo, a global event which aims to educate the public, sharing innovation, promoting progress and fostering cooperation. The 2025 World Expo is organized by a host country that invites other countries, companies, international organizations, private sector, civil society, and public to participate. Three countries are candidates to host World Expo 2025: Japan (in Osaka), the Russian Federation (in Ekaterinburg), and Azerbaijan (in Baku). At the PH-Russia meeting were (from L-R) DTI-Export Marketing Bureau (EMB) Director Senen Perlada, Russian Ambassador to the Philippines Igor Khovaev, Russia World Expo 2025 Bid Committee Director General Svetlana Sagaydak, DTI-Regional Operations Group (DTI-ROG) Undersecretary Zenaida Maglaya, Philippine Embassy – Moscow Commercial Counsellor Kristine Umali, DTI-EMB Asst. Director Agnes Legaspi, and Center for International Trade Expositions and Missions (CITEM) Officer-in-Charge for Special Project Division Eva Mariquina.     

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DTI INKS PARTNERSHIP WITH SHOPINAS, AIR 21

DTI INKS PARTNERSHIP WITH SHOPINAS, AIR 21. Department of Trade and Industry (DTI) Secretary Ramon Lopez signed a Memorandum of Agreement (MOA) with Shopinas and Air 21 on 5 March 2018 to provide an e-commerce platform for Go Lokal! products. “This is a partnership on innovation, which is a key element in DTI’s thrust to support the micro, small, and medium enterprises (MSMEs). Through this platform, our MSMEs will be able to reach out a larger market beyond the boundaries of the country while maximizing their potential,” said Sec. Lopez. A specially designed Go Lokal! microsite will be available on Shopinas website that will feature MSME products. Items purchased on this platform will be delivered through Air 21. Go Lokal! accredited stores will also be featured on the main website bearing a badge for identification. “This partnership allows us to fulfill our mission to empower local entrepreneurs by bringing their businesses online and pushing Filipino e-commerce to be a dominant force in the world,” said Air 21 Global Inc. President and CEO Lucia Jane Lina. Shopinas and Air 21 are two of the businesses under Air 21 Global Inc. The group specializes in e-commerce, logistics, and customer service. In the photo are (L to R): Air 21 Head for Regional Business Development Rhona Begonia, Air 21/Shopinas Digital Business Head Mark Joseph Panganiban, DTI Assistant Secretary Rosvi Gaetos, Air21 Global Inc. President and CEO Lucia Jane Lina, Sec. Ramon Lopez, Airfreight 2100 President Reuben Pangan, DTI Director Rhodora Leaño, and Assistant Director Marievic Bonoan