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March 11, 2013 Vol. 17, No. 05
A bi-monthly digest of global and domestic industry trends and developments. Published by the Trade and Industry Information Center, Department of Trade and Industry Manila, Philippines Tel. (632) 895.3611 Fax (632) 895.6487 To subscribe, email: firstname.lastname@example.org Online: http://www.dti.gov.ph
In this issue Focus 1. DTI registers over P100-B MSME investments 2. Exports hit record USD 52B Inside DTI CMDF now ISO 9001 certified Good News, Philippines! 1. PHL most profitable location 2. Motor vehicle sales rise 51% in January 3. PHL cities rank high in global BPO ranking 4. European lawmakers laud PHL drive against corruption 5. U.S. economist hails PHL success story MSME/OTOP News 1. SB Corp. expands risk-based lending 2. Shared facilities for MSMEs approved 3. Megaworld mall tapped to showcase MSME products 4. Dried fish producers urged to invest in solar tunnel 5. Gov’t targets more overseas entrepreneurs
Business Alert 1. PHL to harmonize incentives 2. SSS taps DILG to strengthen business compliance 3. SEC warns public against scam 4. BOC tests computerized shipment monitoring 5. E-Payment procurement system launched Consumer News 1. DTI registers 1.6M helmets 2. IPOPHL, BIR join forces vs. IP violators, tax evaders 3. Filipino consumers are Southeast Asia’s most optimistic Features PHL seen as gateway for huge halal global food market ASEAN Watch 1. PHL among resilient countries 2. Filipinos up in financial literacy Statwatch DTI Call Center What’s New?
Focus DTI registers over P100-B MSME investments Identified industry clusters
abaca bamboo banana cacao calamansi coconut/coco coir coffee dairy fine jewelry gifts and housewares homestyle and food meat metals and metalworks milkfish muscovado organic fertilizer pangasius pineapple processed food renewable energy (RE) seaweed veggie noodles wearables
2. Exports hit record USD 52B
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he Department of Trade and Industry (DTI) registered a total of P102.06-B investments from the country’s micro, small,and medium enterprises (MSMEs) in 2012.
The DTI said the Access of Small Enterprises to Sound Lending Opportunities (ASENSO), formerly known as the SME Unified Lending Opportunities for National Growth (SULONG), released P271.55B to MSMEs since its inception in 2004.
These investments came from 74,910 DTI-assisted MSMEs that created over 577,000 jobs last year.
For 2012, ASENSO released P29.34B to MSMEs resulting in 388,067 jobs.
The DTI said P97.30B worth of investments were generated from the Rural Micro Enterprise Promotion Programme (RuMEPP) and another P4.76B from the National Industry Cluster Capacity Enhancement Program (NICCEP).
The DTI-Comprehensive Agrarian Reform Program (CARP) also developed 937 new MSMEs for 11,237 farmer beneficiaries in 2012. The program assisted 799 agrarian reform communities and 171 other communities, generating P1.13B total investments, P2.41-B sales, and 68,498 jobs.
On the RuMEPP alone, the government has assisted a total of 74,910 MSMEs in the countryside. The NICCEP, on the other hand, generated P4.76-B investments from 1,427 MSMEs. This clustering program generated 97,243 jobs, P5.49-B domestic sales, and USD 1.05-B exports.
he country’s merchandise exports hit a record-high of USD 51.99B in 2012 driven by the growth in shipments of various commodities, the National Statistics Office (NSO) reported. The value of exports last year was 7.6% higher than the USD 48.31B posted in 2011. For the month of December alone, exports grew 16.5% to USD 3.97B from the same month in 2011. “The sustained increment was supported by the positive year-on-year change in bananas (fresh), petroleum products, metal components, tuna, and woodcrafts and furniture,” the NSO said. In terms of country destination, Japan was still the top market for Philippine
NICCEP, the DTI said, has enhanced the capacity of selected industry clusters throughout the country to plan, implement, facilitate service delivery; improve business environment, evaluate projects, and boost industry competitiveness. (MAB 02/13)
exports, accounting for an 18-% share in total shipments in December. Revenues from exports to Japan amounted to USD 715.29M, 12.7% higher than the revenues in the same month in 2011. Philippine Exporters Confederation Inc. (PHILEXPORT) President Sergio Ortiz-Luis Jr., however, said despite hitting an all-time high, last year’s exports could have even been better if not for the electronics sector’s weak performance. “To double-up exports by 2016, we hope markets will recover and the electronics sector will fully recover,” he said further. The country is aiming for an 11-% growth in exports per year starting this year to hit USD 120B in 2016. (TPS 02/13)
Inside DTI CMDF now ISO 9001 certified
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he Construction Manpower Development Foundation (CMDF), the construction manpower training arm of the Department of Trade and Industry (DTI), received an International Organization for Standardization (ISO) 9001:2008 Certification for its compliance with the global Quality Management System (QMS) Standards, bringing the number of ISO-certified DTI offices to four. After undergoing a series of organizational improvements, paperworks, and audits of their internal team and a third party certification body, the CMDF was certified compliant by the TUV Rheinland on December 19, 2012, only a month after it started applying for ISO certification. CMDF Executive Director Jesus L. Motoomull said the one month certification process was a feat for a government agency, since it usually takes about six months to as long as three years for an organization to be certified as ISO 9001 compliant by independent certification bodies. The process of applying for an ISO certification involves a series of steps which include pre-assessment, documentation, and the audit of bureau’s implementation of QMS. In case of CMDF, they started implementing QMS even before they applied for the certification.
Good News, Philippines! 1. PHL most profitable location
he Philippines is a desirable investment and business destination for Japanese companies, survey results from the Japan External Trade Organization (JETRO) Manila showed. Conducted from October to November 2012 on Japaneseaffiliated companies in Asia
“It is not only because of the Executive Order (EO) 605 which mandates all government agencies to implement the QMS, but is also because of our commitment to provide quality service to our key clients, the construction industry, and the academe. We want them to become globally competitive through efficient service,” Motoomull said. During the assessment, the third party assessment body recognized the innovations introduced by CMDF, such as the creation of a web portal (www.cmdf.dti.gov.ph) that allows interested applicants to register online and also serves as an interactive platform between the CMDF and its clients. The CMDF also boasts of its training room equipped with state-of-the-art facilities. Such innovations improved the quality of CMDF services. CMDF’s compliance with the ISO 9001:2008 means it has the capacity to lead an efficient organization, having a systematically organized processes in the workplace that translate to a more effective delivery construction industry of its mandate, which is to train workforce to be globally competitive. “This is just the beginning. We have to be always organized and synchronized in our work. This is a continuous improvement,” Motoomull said. and Oceania, the survey primarily aims to compare the Philippines’ business competitiveness against other Asian economies such as China, Myanmar, Indonesia, Thailand, Viet Nam, Malaysia, and India. The Philippines came out to have the least challenges for Japanese
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doing businesses among the eight countries in the survey. Comparison was made in terms of profitability, good management, and reasonable salary. The country gained the top spot for being the most profitable. In terms of good management, the country had also performed well. Survey showed that the Philippines had the least difficulty when it comes to recruiting general staff. It also scored high in terms of industrial
2. Motor vehicle sales rise 51% in January
he domestic motor vehicle industry started the year on good footing with a robust 51-% increase in total sales reaching 12,256 units in January compared with 8,127 units in the same month last year. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Trucks Manufacturers Association (TMA) of the Philippines showed the strong growth in the first month of the year when January has traditionally been a slow month. For the rest of the year, CAMPI is confident that the overall industry will meet its target of 200,000 units.
peace, having the least number of strikes and lockouts. Also, the Philippines came in only second to Thailand to be the least troublesome on time-consuming customs and administrative procedures. On salary, the Philippines was found to have reasonable salary rates, thus attracting more foreign investors as it also means lower cost of doing business in the country. (MAB 02/12)
“The January 2013 performance can only be seen as another indication of the overall healthy economic performance of the country. The stable macroeconomic environment as well as increase in market confidence, steady inflow of foreign investments, active household and government consumption, combined with continuous expansion in the industry and service sectors to be complemented with new model introductions and aggressive promotions, will all contribute to realizing this target,” CAMPI President Rommel T. Gutierrez said. (MAB 02/11)
Motor vehicle sales January 2013 vs. January 2012 January 2013 sales January 2012 sales Passenger car units 4,161 2,099 Commercial vehicles 8,095 6,028 • Trucks and buses 133 79 • AUV 2,508 2,566 • Light trucks 201 124 • Light commercial vehicles 5,253 3,259
3. PHL cities rank high in global BPO ranking
anila and Cebu were ranked No. 3 and No. 8, respectively, in the 2013 Top 100 Outsourcing Destinations published by Tholons, a services globalization and investment advisory firm.
% increase 98.0 34.0 68.4 2.3 62.1 61.2
Both Manila and Cebu improved their respective rankings from last year, with Manila’s previous No. 4 and Cebu’s No. 9 spot. The Tholons ranking revealed that more Philippine information
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technology-business process outsourcing (IT-BPO) hubs were included in this year’s ranking. Although Davao slipped one rank to No. 70, Sta. Rosa City in Laguna, on the other hand, climbed two spots to No. 84 while Iloilo is at No. 93. Bacolod City re-enters the list at No. 94 and Baguio City is a new entrant at No. 99. The Tholons said the Philippines enjoys a more vibrant IT-BPO industry than either Indonesia or Malaysia. These three countries are considered the most promising Southeast Asian destinations in 2013. The investment advisory firm said the country’s IT-BPO industry was fueled by increased new investments from large and mid-sized foreign providers as well as greater expansions of established locators and captives across many of the country’s established delivery locations.
4. European lawmakers laud PHL drive against corruption
visiting delegation from the European Parliament said the government’s anti-corruption efforts and peace initiatives in Mindanao are making the country more attractive to European investments. The Members of the European Parliament (MEPs) also launched a P29-M de-mining project, and looked into possible business opportunities for European investors. The MEPs have met with Department of Trade and Industry (DTI) Secretary Gregory
5. U.S. economist hails PHL success story
merican Economist Nouriel Roubini hailed the Philippines as an “economic success,” citing the country’s potential to move toward a higher growth rate of at least 7% a year.
“The Tholons’ rankings and report overview only reaffirm the Philippines’ position as a destination of choice for outsourcing services. The year 2013 promises to be even greater as we expect revenues to increase to USD 16B, which translates to employment to 926,000 Filipinos,” Business Processing Association of the Philippines (BPA/P) Executive Committee Chairman Benedict C. Hernandez said. (MAB 01/31)
Tholons’ top 10 outsourcing destinations for 2013 1 2 3 4 5 6 7 8 9 10
Bangalore, India Mumbai, India Manila, Philippines Delhi, India Chennai, India Hyderabad, India Pune, India Cebu City, Philippines Dublin, Ireland Kraków, Poland
L. Domingo and other government officials as well as with the chief executive officers (CEOs) and representatives from the European Chamber of Commerce of the Philippines (ECCP). The delegation also met with peace negotiators in Southern Philippines including officials from the Autonomous Region in Muslim Mindanao (ARMM), the Moro Islamic Liberation Front (MILF), the international monitoring team, and non-government and civil society organizations. (TPS 02/14)
In an investment forum, Roubini was mostly upbeat on the Philippines, which he believed deserved a sovereign investment-grade rating for its fiscal reforms.
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“There’s a renewed interest among investors, recognizing changes in the policy of the country such as in fiscal policy,” he said.
Factors for country’s success High
growth rate amid an anemic global economic recovery Rich human capital Economy driven mainly by outsourcing and tourism Strong democracy Much improved governance framework Popular leader
Roubini said the Philippines’ success story was a result of a sophisticated private sector and strong governance and reform policies. (PDI 1/31)
MSME/OTOP News 1. SB Corp. expands risk-based lending
he Small Business Corporation (SB Corp.) recently grew risk-based lending to 22 banks nationwide.
“This risk-based lending will provide deserving micro, small, and medium enterprises (MSMEs) access to financing even without collaterals. In the long run, these banks will be able to lend with more confidence and maintain a good quality portfolio,” SB Corp. President and Chief Operating Officer (COO) Benel P. Lagua said.
Lagua said this risk-based lending has been imparted to 13 banks in Luzon, four in Visayas, and five in Mindanao. This form of lending does not look at the collateral as a major consideration in approving MSME loan applications but looks at the borrower’s quality and debt servicing capacity.
The SB Corp. has already made 10 banks in 2010, four in 2011 and eight in 2012, embark on risk-based lending. Among these newly trained banks are: • Country Bank of Taguig • Bangko Alabang • Mt. Carmel Rural Bank of Batangas • New Rural Bank of San Leonardo in Nueva Ecija • Rural Bank of San Jose in Camarines Sur
2. Shared facilities for MSMEs approved
he Department of Trade and Industry (DTI) has approved shared service facilities (SSF) for food processing worth P10M in Eastern Visayas. DTI-8 Regional Director Cynthia R. Nierras said the approved projects are among the 18 proposed facilities to improve the packaging of micro, small, and medium enterprises (MSMES) engaged in food and coco-coir processing.
People’s Bank of Caraga in Agusan Del Sur Rural Bank of Rizal in Zamboanga Del Norte.
The newly trained banks took a 37-day consultancy program on MSME risk-based lending strategies and technologies, which is part of the SB Corp.’s risk-based lending movement, an advocacy launched in 2008. This training program is partially subsidized by earnings from the corporation’s alternative MSME mandatory allocation instruments. (PIA 01/31)
The regional office had proposed a budget of P22.9M for all facilities. The biggest SSF for food processing, costing P6M, this project will extend the shelf life of native delicacies and will be set up at the Visayas State University (VSU) main campus in Tacloban City. “Right now, we cannot bring our native delicacies like moron and binagol abroad because the
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quality deteriorates in just a week. Through a new packaging technology, we can extend shelf life to months,” Nierras said. It will benefit 300 food processors in the region and food technology students who will use the equipment in their study. Some P4M has also been set aside to procure peat blocking equipment to enhance the operation of a regional based coco-coir and peat processing plant to be established in Javier, Leyte. The project will benefit eight existing provincial level coco-coir plants in the region and 20 village level geotextile processors composed of about 1,000 households in six
3. Megaworld mall tapped to showcase MSME products Metro Festival exhibitors
Annabel Lee BDO Herbosido Herbal Products BSK Enterprises Inc. Capellans Deli Food Products Carica Herbal Products Dielies Apiary Edward Teng Fairytale Weddings and Events Germano's Chill Ginga Agrifoods Manufacturing Enterprises, Inc. James Leather Craft John-Carlo Creations Kamay Kraft Magical Blend Marketing International The Dream Maker Couture
he Department of Trade and Industry (DTI) has partnered with the Megaworld Lifestyle Malls to bring Metro Festival to the Lucky Chinatown Mall in Binondo and in open boutiques to showcase the best products of micro, small, and medium enterprises (MSMEs) from the National Capital Region (NCR). “The exhibitors are DTI-assisted MSMEs that have no capability to promote their products in big venues like department stores and supermarkets,” DTI-NCR Officer-in-Charge Director Ferdinand L. Manfoste said. The Metro Festival launched at the Bureau of Domestic Trade (BDT) Showroom at the DTI Main Building in Makati City, showcases
provinces. Geotextile nets are used to prevent soil erosion. Establishment of the SSF is a complementary project that intends to balance off existing programs to achieve inclusive growth. Nationwide, the DTI has proposed to acquire 375 units of machinery and equipment to set up SSFs for nine priority industries. The DTI has allotted P500M for equipment outlay and P200M for technical assistance this year. The SSF project is envisioned to assist most of the 81,221 MSMEs with high potential to expand. It will generate an additional 200,000 jobs nationwide. products of over 40 MSMEs from the NCR. Megaworld Assistant Vice President for Marketing and Business Development Teresa Pesigan-Valentino said Megaworld has allowed MSMEs to occupy these stalls until the end of March this year. “If the MSMEs decide to stay after that date, they may continue and hope they can be able to make it big in the industry later on,” Valentino said. Buyers of the various MSME products may visit the boutiques at the Lucky Chinatown located at Reina Regente St. corner Dela Reina St., Binondo, Manila during mall hours from 10 a.m. to 10 p.m.
4. Dried fish producers to invest in solar tunnel
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he Philippine Center for Postharvest Development and Mechanization (PhilMech) is encouraging more dried fish producers and enterprises to invest in multi-commodity solar tunnel driers (MCSTDs) to improve their operations. PhilMech Executive Director Rex L. Bingabing said the agency is pushing for the wider use of MCSTDs to help the government in promoting micro, small, and medium enterprise (MSME) development especially those into food processing.
Nations (ASEAN) entering the Philippines, farmers and fisherfolks should find ways to improve the efficiency of their produce to remain competitive,” Bingabing said. He said MCSTD can dry nuts, bananas, cassava, and mushroom, noting that PhilMech is also testing the use of MCSTD on other farm commodities. For dried fish, MCSTD will reduce producers’ drying time by up to 25% and improve quality since the fish being dried are not exposed to open air. (MAT 01/31)
“With farm products from other Association of Southeast Asian
5. Gov’t targets more OFs entrepreneurs
he government is targeting more overseas Filipinos (OFs) for entrepreneurial programs to drive investments in the micro, small, and medium enterprise (MSME) sector. National Economic and Development Authority (NEDA) Director General and Socioeconomic Planning Secretary Arsenio M. Balisacan said the program aims to harness OFs’ experience and expertise in contributing to the country’s socioeconomic development, adding that the move will help
Business Alert 1. PHL to harmonize incentives
he Departments of Trade and Industry (DTI) and Finance (DOF) are seeking ways to harmonize various incentives granted to local and foreign investors to make the country more attractive as an investment destination. “The government will pursue a two-phased approach in harmonizing fiscal incentives given to investors. The first phase will focus on who should be entitled to incentives, while the second part
generate employment and contribute to MSME growth. The Commission on Filipinos Overseas (CFO) and the Department of Trade and Industry (DTI) have also put up Business Advisory Link para sa Bayan (BALinkBayan) website to help them set up businesses and investments in the country. DTI’s Rural Micro Enterprise Promotion Program (RuMEPP) continues to provide financial as well as technical assistance to promote MSME development. (MAB 02/12)
will determine the incentives that should be given to them,” DTI Secretary Gregory L. Domingo said. Domingo said that a joint bill to consolidate fiscal incentives granted to investors will be filed by DTI and DOF, noting that the current setup may be disconcerting to investors since there are around 50 laws related to investments. (BMI 02/13)
2. SSS taps DILG to strengthen business compliance
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he Social Security System (SSS) has tapped the Department of the Interior and Local Government (DILG) to strengthen the monitoring of compliance by businesses with their SSS obligation.
needed by employers to continue operating yearly.
SSS President and Chief Executive Officer (CEO) Emilio S. de Quiros Jr. said the new agreement provides regular sharing of information between the SSS and local government units (LGUs).
“This SSS-DILG agreement reflects the government’s aim to ensure that employers uphold their obligations to workers. Employers also stand to benefit because this simplifies the process of renewing their permits, and ultimately promote a more business-friendly environment,” he said. (TPS 01/14)
De Quiros said the compliance would serve as basis in the issuance of business permits or licenses
3. SEC warns public against scam
he Securities and Exchange Commission (SEC) has warned the public against an investment scam in Cavite. The SEC said the investment scam promises substantial income in return for a capital investment ranging from P3,000 to P1.2M.
4. BOC tests computerized shipment monitoring
5. E-Payment procurement system launched
SSS branches shall provide LGUs on the last business day of every year a list of registered business owners or operators with SSS delinquencies.
“The public is advised to exercise prudence in investing their money in what appears to be a high yield-high risk investment, which may turn out to be a fraudulent scheme or investment scam,” the SEC said. (TPS 01/13)
he Bureau of Customs (BOC) is pilot-testing a computerized system for monitoring the movement of shipments to streamline and automate its operations.
system is aimed at establishing a more efficient way of monitoring the status of shipments and cutting the red tape. The system will be replicated later in major ports.
Initially available at the port of Manila and Manila International Container Port, the electronic monitoring
It will display the entry number, status section number, time and remarks, among other information. (TPS 01/24)
gencies can now complete online purchases for supplies procured through the Philippine Government Electronic Procurement System (PhilGEPS) Virtual store. PhillGEPS launched its new electronic payment facility in partnership with Landbank of the Philippines (LBP).
“This is a ground-breaking feat for the Philippine bureaucracy,” Department of Budget and Management (DBM) Secretary Florencio B. Abad said, noting that the new system will help agencies ensure a quicker and more efficient procurement system, as well as boost the government’s overall transparency campaign.
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“The establishment of the e-Payment system effectively brings us to the realm of cashless transactions, where procurement activities can be tracked and accounted very quickly and accurately,” Abad added.
1. DTI registers 1.6M helmets
he Department of Trade and Industry (DTI) has generated almost 1.6M registrations/ applications from motorcycle owners, riders, and passengers and from motorcycle helmet manufacturers and importers on their six-month operations of inspection and sticker marking that ended in December last year. DTI Undersecretary for Consumer Welfare and Business Regulation Group (CWBRG) Zenaida C. Maglaya said there will be no
2. IPOPHL, BIR join forces vs IP violators, tax evaders
3. Filipino consumers are Southeast Asia’s most optimistic
he Intellectual Property Office of the Philippines (IPOPHL) and the Bureau of Internal Revenue (BIR) forged an agreement to undertake a collaborative effort to stop the proliferation of counterfeit and pirated items in the market by subjecting intellectual property rights (IPR) violators to tax
ilipinos were the most optimistic consumers in Southeast Asia and the second most optimistic in the world, defying a broad global decline in confidence during the fourth quarter of 2012, market research firm Nielsen reported. The Philippine consumer confidence stood at an index of 119 in the final quarter of last year, representing a one-point increase from the previous quarter. More importantly, across the 58 countries Nielsen measured for the period, confidence declined in 33 countries, remained flat in six countries and increased in 19 countries from the prior quarter. “While consumers globally struggled with increasing economic concerns,
Transactions made via the e-Payment facility can also be monitored and tracked conveniently through Landbank’s WebAccess portal. (MAB 01/19) extension anymore for the sticker marking program despite the clamor for it. Instead, Maglaya said the DTI will focus on its monitoring and enforcement activities on manufacturers, importers, retailers, and establishments that are distributing and selling motorcycle helmets to ensure that only those with the Philippine Standard (PS) or Import Commodity Clearance (ICC) mark are available in the market. investigation, and probably tax evasion charges. The agreement is expected to reduce the number of IPR violators, especially store owners selling counterfeit and pirated items who are also not paying taxes.
consumers in the Philippines continue to have a positive outlook,” Nielsen Philippines Managing Director Stuart Jamieson said. Jamieson said the optimism can be attributed to the economy’s strong performance in 2012, which was driven by the real estate, construction, manufacturing, services, and trade sectors. The poll “Nielsen Global Survey of Consumer Confidence and Spending Intentions” was established in 2005 and measures consumer confidence, major concerns and spending intentions among more than 29,000 respondents with Internet access in 58 countries. (PDI 02/05)
Features PHL seen as gateway for huge halal global food market
March 11, 2013 ď€¸11
he Philippines is gaining popularity as a global business platform and gateway for the USD 632-B halal food market.
Halal pertains to foods that are allowed under Islamic Law. The Center for International Trade, Expositions, and Missions (CITEM), the marketing promotions arm of the Department of Trade and Industry (DTI), is currently undertaking huge preparations for the forthcoming International Food Exhibition (IFEX) Philippines 2013. CITEM has been promoting Philippine halal foods to the world and turning this yearâ€™s IFEX Philippines in May as a grand showroom. The event would have an entire pavilion devoted to halal to give the industry players all the room they would need to market their products to a vast foreign audience, CITEM Executive Director Rosvi C. Gaetos said. (MAB 12/22)
ASEAN Watch 1. PHL among resilient countries
he Philippines has been ranked among the more resilient economies in the face of a slowing global economy in 2013, the MasterCard Worldwide report showed. The country ranked high among Southeast Asian markets due to the strong domestic consumer market. In contrast, countries with high merchandise export to gross domestic product (GDP) ratios ranked lower on the Index, such as Malaysia and Viet Nam. The report placed Singapore and Hong Kong, countries with very high export to GDP ratios, at surprisingly opposite ends of the Index of Resilience.
STATWATCH 4 DTI offices that are International Organization for Standardization (ISO) 9001:2008 certified to date USD 51.99B PHL merchandise exports in 2012 USD 48.31B in 2011 vs.USD P271.55B Fund released through the Access of Small Enterprises to Sound Lending Opportunities (ASENSO), formerly known as the SME Unified Lending Opportunities for National Growth (SULONG), since 2004 P102.06B Investments generated by micro, small, and medium enterprises (MSMEs) in 2012 P97.30B MSME investments generated through the Rural Microenterprise Promotion Program (RuMEPP) in 2012 P5.49B Domestic sales; P4.76B MSME investments; USD 1.05B Exports receipts; 97,243 Jobs generated through the Nationwide Industry Cluster Capacity Enhancement Program (NICCEP) in 2012 P1.13B MSME investments generated; 937 MSMEs established through Department of Trade and Industry-Comprehensive Agrarian Reform Program (DTI-CARP) in 2012 577,000 Jobs generated by DTI-assisted MSMEs in 2012 74,910 DTI-assisted MSMEs in 2012 1,427 MSMEs established through NICCEP in 2012
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The ranking is based on consumer confidence and the resilience or the ability to deal with the global economic slowdown. Markets with the highest level of consumer confidence, as well as those that are most resilient to a slowdown in merchandise exports, accordingly have the strongest potential to weather the economic downturn. “Of those markets surveyed, Japan, Hong Kong, and the Philippines ranked highest on the report as
2. Filipinos up in financial literacy
he Philippines scored 53 points out of a possible 100 for financial literacy in 2012, data from Citi Philippines showed. The result, which surpassed the 52.6 points scored in 2011, marked the second consecutive time that the country breached the halfway mark since the survey was launched five years ago. The country inched closer to the regional average of 53.2 points, which dipped from 54.5 previously.
relatively resilient while Singapore, Saudi Arabia, Kuwait, and United Arab Emirates (UAE) ranked lowest as very vulnerable,” MasterCard said. The report is based on a correlation analysis of the MasterCard Worldwide Index of Consumer Confidence (MWICC) – Asia/Pacific’s most comprehensive and longest running consumer confidence survey – against merchandise export growth for 17 countries across Asia/Pacific and the Middle East. (TPS 02/12)
The country’s improved standing was said to have been supported by increased awareness of the importance of personal financial planning, ownership of several financial products, and optimism for the financial future. Citi polled 3,500 people from Australia, India, Indonesia, Korea, the Philippines, Singapore, and Taiwan. All respondents were over 18 years of age with either a bank account or a major credit card. (BWD 05/04).
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DTI Direct* Call Center Report SUMMARY OF CALLS Month-on-month CALL TYPE
Feb’12 Mar’12 April’12 May’12 June’12 July’12 Aug’12 Sept’12 Oct’12 Nov’12 Dec’12 Jan’ 13 Feb’ 13
CUMULATIVE CALL TYPE
% vs. Total
% Increase/ Decrease
Exports Investments MSMEs
CALL RESOLUTION STATUS Total 2013
Resolved 8,150 (100%)
Referred 11 ( 0%)
*The DTI Direct Call Center was established in November 2006 as part of the Department’s thrust to improve and simplify the delivery of its frontline services.
For the Month of February 2013
Resolved 3,728 (100%)
Referred 7 ( 0%)
(A synopsis of selected book acquisitions at the DTI-TIIC library)
Legend: BMI BWD MAB MAT PDI PIA TPS
Business Mirror Business World Manila Bulletin Manila Times Philippine Daily Inquirer Philippine Information Agency The Philippine Star
Title: Directory of Outstanding ASEAN SMEs 2011
Title: International Trade In Services New Trends and Opportunities for Developing Countries Publisher : World Bank Call Number : 02 000/03.08.02/WB/ 2010
Publisher : ASEAN Secretariat Call Number : 00.07/45 000 ASEAN/2011
This book highlights service industries that developing countries globally have developed given their respective comparative advantages. It assesses how policy makers can further bolster their service industries by leveraging the changes prompted by technological advancements. It also recommends policies on how to reduce trade barriers across all sectors while promoting health and environment-related developments.
This document presents Association of Southeast Asian Nations (ASEAN) member states’ small and medium enterprise (SME) definitions, development policies, and key statistics. It lays out ASEAN strategic action plan for SME development for 2010-2015 that covers regional commitments in the areas of finance, internationalization of SMEs, strengthening human resource development and capacity building, improving marketing and information and communications technology (ICT) skills, and establishing SME service centers. It has a list of outstanding SMEs from each member state categorized by industry.
Philippine Postal Permit No. PM-04-08
Vol. 17, No. 0514
Editor-in-Chief: Anne L. Sevilla Managing Editor: Vic S. Soriano Associate Editor: Resty P. Par Writers: Jam A. Hourani, Elaine M. Lazaro, Emman R. Caleon Design/Layout: Ren C. Neneria To subscribe, email: email@example.com