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Pushing Competitiveness, Comparative Advantage of PH Industries

 

Department of Trade and Industry (DTI) Secretary Ramon Lopez recently (7 February) highlighted the growing investment opportunities of the country, backed by resurging manufacturing industry to the global bank's clients with top management of Philippine corporations, as well as with senior government partners at the 11th JP Morgan Chase & Co.’s Philippine Conference in Makati. 

Sec. Lopez told the private sector that the Philippine government aims at strengthening the country’s new industries, while maintaining the competitiveness of industries wherein the Philippines has great comparative advantage. 2017 signals significant milestones on industries such as agribusiness, electronics and integrated circuit design, aerospace parts, shipbuilding, chemicals and motor vehicles, according to the trade chief. The conference among members of the business sector captures various emerging trends and themes, facilitated in a dialogue between the economic growth drivers and the global investor community, with the government, through the DTI, playing a crucial role. 

 (Source: Facebook)

 Date Posted: February 15, 2017

 

DTI, EU-TRTA Mobilize Public-Private Efforts toward Opportunities under PH Trade Agreements

 

To mobilize, support, integrate, and harmonize public-private efforts towards taking full advantage of trade opportunities under the Philippines’ trade agreements, the Department of Trade and Industry Region 4-A, in partnership with the European Union- Trade Related Technical Assistance (EU-TRTA) Project 3, conducted the ASEAN/European Union-General System of Preferences Multistakeholder Briefing recently at the Crowne Plaza Galleria Hotel, Ortigas, Quezon City.

DTI - Regional Operations Group Undersecretary Zenaida Maglaya said that the CALABARZON Region, or the provinces composed of Cavite, Laguna, Batangas, Rizal and Quezon, contributes greatly to the Gross Domestic Product (GDP) of the country, adding that these assets could help in trade opportunities.

“CALABARZON has the biggest population in the country and is the number one contributor in manufacturing and number two contributor in agriculture to the country’s Gross Domestic Product. The region has so much resources and human resources. We only need to look at these opportunities and push ourselves to work harder,” Maglaya said. Read more.

 (Source: DTI Website)

 Date Posted: February 14, 2017

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