Friday, January 27, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

DTI eyes industry-centric approach to grow exports

Othel V. CamposbyOthel V. Campos
December 8, 2022, 7:35 pm
in Business, Economy & Trade
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

Trade Secretary Alfredo Pascual underscored the importance of pursuing an industry development-centric approach to export development during the 2022 National Export Congress.

Pascual said the Philippines saw a steady rise in total exports of goods and services in 2021 despite several setbacks due to COVID-19.

He encouraged exporters to leverage on existing capabilities and assets to allow the Philippines to open broader horizons and maximize opportunities for industry development.

“Industry development means addressing constraints to both scale and scope of production—particularly in innovation and value addition, human resource development, business environment, finance, and infrastructure. It means competing beyond pricing and amplifying the quality, value-addition, sustainability, and reliability of Philippine exports in the global market”, he said.

He said that by developing and expounding the country’s skills and capabilities, the country’s competitiveness in the global value chain would also be amplified. This is why the government is undertaking a cluster approach to developing and promoting export priorities, he said.

ADVERTISEMENT

Among the initiatives of the DTI to improve exporters’ experience are the adoption of science, technology and innovation-driven industrialization strategy, which aims to attain a more resilient, inclusive and sustainable economy by 2028.

Pascual said that despite the contracting effects of the pandemic towards the export sector, more than 3,000 exporters managed to post growth in 2020 and 2021 despite the global trade slump

He said of the total, 403 exporters in 2020 managed to increase their export sales by more than $1 million compared to the previous year. This number almost doubled to 742 in 2021.

Pascual assured exporters that the DTI was ready to support the sector and aspiring exporters in their journey from product development to economic success

The DTI together with the Export Development Council and the Philippine Exporters Confederation Inc. organized the NEC on Dec. 7, 2022.

Tags: 2022 National Export Congressexport developmentTrade Secretary Alfredo Pascual
ADVERTISEMENT
Othel V. Campos

Othel V. Campos

Related Posts

2022 trade deficit hit record $58.3b, imports surged 17%

byJulito G. Rada
January 26, 2023, 7:25 pm
0
8
2022 trade deficit hit record $58.3b, imports surged 17%

The country’s trade deficit widened to a record $58.32 billion in 2022 as imports surged amid high commodity prices, preliminary...

Read more

Monde Nissin acquiring 15% of Figaro Group

byJenniffer B. Austria
January 26, 2023, 7:20 pm
0
8
Monde Nissin books P2.9-b core net income

Monde Nissin Corp. said Thursday it is acquiring a 15-percent interest in restaurant chain operator Figaro Coffee Group Inc. for...

Read more

ADB lending $500m to help PH address impact of pandemic

byJulito G. Rada
January 26, 2023, 7:10 pm
0
8
ADB okays $175-m loan for three bridges

The Asian Development Bank said Thursday it approved a $500-million (about P27 billion) policy-based loan to help the Philippine government...

Read more

Electricity spot market in Mindanao starts operations

byAlena Mae S. Flores
January 26, 2023, 7:05 pm
0
8
Resumption of Malampaya gas operation leads to lower average price at electricity spot market

The Wholesale Electricity Spot Market in Mindanao started commercial operations on Thursday, according to the Department of Energy. It said...

Read more

German company expanding Batangas facility

byOthel V. Campos
January 26, 2023, 6:55 pm
0
8
German company expanding Batangas facility

ZAMA Precision Industry Manufacturing Philippines Inc., a unit of Germany’s ZAMA Group, is expanding its production capabilities in the Philippines...

Read more

SM focuses expansion toward provincial areas

byJenniffer B. Austria
January 26, 2023, 6:50 pm
0
8
SMIC among best managed firms in PH

Conglomerate SM Investments Corp. is gearing its expansion plans toward the provincial areas where growth is faster, according to a...

Read more

Print Edition

View More

Recent Posts

  • Philippines to appeal ICC resumption of drug war probe
  • Knicks hold off Celtics in overtime, Pistons top Nets
  • Israel strikes Gaza after militant rocket fire
  • Sneakers for Makati : AB4.0
  • PH posts 7.6% growth in 2022
  • SWS: 34% of adult Pinoys say life improved last year
  • President tells PCG to defend both coastlines, nationals
  • US defense chief plans visit to talk with DND head

Advertisement

Latest News

SWS: 34% of adult Pinoys say life improved last year

byManila Standard
January 27, 2023, 1:50 am
0
8
BBM, Sara to resume stumping together; Bicol groups back UniTeam

A recent Social Weather Stations (SWS) survey found that at least 34 percent of adult Filipinos believe that their quality...

Read more

President tells PCG to defend both coastlines, nationals

byVince Lopez
January 27, 2023, 1:40 am
0
8
Most APEC leaders condemn Russia’s invasion of Ukraine

President Ferdinand Marcos Jr. has reminded the Philippine Coast Guard (PCG) to always be ready and aware while guarding the...

Read more

US defense chief plans visit to talk with DND head

byRey E. Requejo
January 27, 2023, 1:30 am
0
8
Imported onions in, but price still high

United States Defense Secretary Lloyd Austin has been planning to visit the Philippines, Philippine Ambassador to the United States Jose...

Read more

Imported onions in, but price still high

byVince Lopezand2 others
January 27, 2023, 1:20 am
0
8
Imported onions in, but price still high

Imported onions are now being sold in Metro Manila markets for P180 to P210 per kilo, lower than the P240...

Read more

Ex-cop arrested after 22 years over Dacer-Corbito murders

byManila Standard
January 27, 2023, 1:10 am
0
8
PNP vows deep probe into acts of ‘party girl’

A former policeman has been arrested in Bulacan over the killing of public relations executive Bubby Dacer and his driver...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App