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September 23, 2013 1

September 23, 2013 Vol. 17, No. 19

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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: publications@dti.gov.ph Online: http://www.dti.gov.ph

In this issue Focus PHL seen as one of 2013’s world growth engines Inside DTI 1. DTI’s national food fair generates P13.8M 2. DTI goes to Bali for APEC-WEF Good News, Philippines! 1. Economists upgrade PHL 2013 growth forecasts 2. Manufacturing rebound seen as good sign of economic rebalancing 3. Rebound seen for PHL exports sector

Consumer News 1. DTI conducts consumer welfare seminars in Region 1 schools 2. DTI holds Diskwento Caravan in Typhoon Maring-affected areas 3. August inflation lowest in 4 years Features DTI helps noodle factory ASEAN Watch 1. PHL ‘different’ from troubled ASEAN peers 2. Indonesia offers new businesses for Filipinos 3. Economic growth shifting back to Asia Pacific 4. ASEAN SMEs urged to dabble in niche industries

MSME News 1. DTI distributes P42.68M worth of SSFs 2. DTI-Caraga launches SME Roving Academy; PWDs among beneficiaries Statwatch 3. Kahimunan Trade Fair features What’s New? MSME products Business Update 1. DTI, FSUU survey Caraga LGUs to improve BPLS 2. DTI urges local makers, exporters to join Brunei trade activity 3. PHL pride to shine in 12th Filipino Franchise Show


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Focus PHL seen as one of 2013’s world growth engines

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he Philippines, along with other Asian countries, has been acknowledged as among the world economy’s growth engines this year as the region’s economic outlook remains favorable compared to the rest of the world.

its highest value since late 2010 at 106.1,” it said.

A study by CESifo, a joint initiative of the University of Munich’s Center for Economic Studies (CES) and Germany’s Ifo Institute for Economic Research, showed that the Philippine economy could expand by 6.1% this year.

The current top-performing economies in the region, it noted, include Hong Kong, Indonesia, Malaysia, the Philippines, and Thailand.

In contrast, world economic growth is expected to hit just 2.2% this year, weighed down mostly by a slow 0.4-% expansion in Western Europe, CESifo’s May 2013 World Economic Survey (WES) reported. Businesses in a number of advanced economies are still struggling with debt, CESifo said. Fiscal risks, it added, remain for the United States (U.S.) and the euro zone. Amid this cautious view, CESifo cited a sharp increase in the economic climate indicator for Asia, which it expects to grow by 3.7% this year. “The economic climate indicator in Asia continued to rise, reaching

Inside DTI 1. DTI’s national food fair generates P13.8M

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he five-day Sikat Pinoy National Food Fair (NFF) generated total sales of P13.8M, benefitting over 260 exhibitors coming from the country’s 16 regions. Cash sales and booked orders amounted to P9.01M while deals under negotiation reached P4.81M, with sales coming mostly from inquiries from importers, wholesalers and traders, and offices. The top performing regions in terms of cash and booked sales were Region 3 with P1.45M; Region 4A, P1.33M; and NCR, P1.31M.

“Assessments of both the present economic situation and economic expectations continued to improve,” it added.

“In all of these countries a highly favorable economic situation prevails. In all events, economic performance is expected to improve in most of these countries over the course of the next six months,” it said. (BWD 08/15)

World growth engines CESifo’s World Economic Survey (WES) May 2013 Country China Indonesia Philippines India Malaysia Viet Nam Taiwan Hong Kong

Growth Forecast (in %) 7.7 6.4 6.1 5.8 5.2 4.8 3.6 3.3

“With the huge potential for our food entrepreneurs to market their products locally, we are optimistic that organizing a national food fair will provide them the opportunity to flourish and eventually market their products globally,” Department of Trade and Industry (DTI) Trade and Investment Promotions Group (TIPG) Undersecretary Ponciano C. Manalo Jr. said. The DTI’s Bureau of Domestic Trade (BDT), in cooperation with DTI regional and provincial offices, and the Department of Agriculture (DA) organized the event.


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“We have adopted the tagline “Piling-piling Pagkaing Pilipino” to underscore our goal to bring together the finest homegrown products, regional specialties, and delicacies from 16 regions of the country in one venue,” Manalo said.

Total Sales per Island

Total *

Cash & Booked

For the side events, BDT successfully facilitated cooking demonstrations and seminars on the following:

Luzon Visayas Mindanao Total

9.01 1.65 3.16 13.82

7.04 1.11 0.86 9.01

* Includes orders under negotiation

• New BIR ruling on the issuance of invoices and official receipts • Briefing on the Philippine Food and Drug Administration (FDA) and the Center for Food Regulation and Research (CFRR) /Food Safety of Processed Food Products • Food handling and additives • Basics of exporting • Business opportunities in meat processing. Cooking demonstrations were sponsored by the LJC Restaurant Group, Aristocrat/ Culinary Institute of Aristocrat, UltimaEntrepinoy, Pan Pacific Manila, and Villa Salud Catering. La Germania Italia and San Miguel Purefoods provided the cooking module for the 4-day cooking demonstrations. Some 34,100 buyers visited the event that was held last August 21-25, 2013 at SM Megatrade Halls 1- 3, Level 5, Building B, SM Megamall, Mandaluyong City.

NFF 2013 Sales breakdown (in Million Pesos)

Top 5 best sellers (in Million Pesos) 1. 2. 3. 4.

Snack Foods Consolidated Food Products Coffee Fresh and Processed Fruits and Vegetables 5. Cocoa and Chocolate Products

4.74 1.46 1.20 1.18 1.01

Food products showcased

• Condiments, sugar, molasses, and beverages Fish/marine products Fresh produce Hot meals Meat products Pasta, noodles, rice, cereals, and cocoa products • Processed fruits/vegetables and organic/herbal/natural products • Snack foods and confectionary products

• • • • •

Sikat Pinoy 2013 Awardees

• Most Innovative Product – Himaya-an Deli for its powdered bagoong

• Most Innovative Packaging – Karden Global for its wine bottle

• Best Dressed Booth - Aging’s Food Delight

• Top seller award – Samahan ng mga Rizaleño sa Sektor ng Agrikultura at Pagkain, Inc. (SARAP, Inc.) of Region 4A, generating P142,868.00 in cash sales and booked orders


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2. DTI goes to Bali for APEC-WEF

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n a move to advance women’s role in the economy, the Department of Trade and Industry (DTI), together with the Philippine Commission on Women (PCW) and the Women’s Business Council Philippines, Inc. (#WomenBiz.ph), led the Philippine participation to the Asia-Pacific Economic Cooperation-Women and the Economy Forum (APEC-WEF) that ran from September 6-8, 2013 in Bali, Indonesia. During the said event, APEC membereconomies agreed to cooperate and establish programs and policies that promote women’s economic empowerment in the region. Major agreements from APEC-WEF

• Encourage the private sector to invest in the empowerment of women throughout their business operations • Develop programs and structural reforms that close the gender technology divide • Foster flexible workplace policies that enable women to better balance work and family responsibilities

The recommendations are expected to send a strong signal from the business community that the economic inclusion of women is critical for business performance and economic prosperity. Asia Foundation’s Women Empowerment Program Officer Kate Bollinger commended the forum as “an important opportunity for discussions and collaboration surrounding many of the key areas that continue to constrain women in business.” “This year’s theme of ‘Women as Economic Drivers’ is indeed

a good sign that women’s issues are becoming increasingly prominent,” Bollinger said. On the Philippine participation, the event served as an avenue for more productive collaboration among counterparts. It also served as a preparation for the country, which will be the next host of the APEC Women and the Economy Summit in 2015 (APEC-WES). “As the lead government agency in the country’s hosting of the APECWES in 2015, the DTI has recently collaborated with a local women’s private sector organization,” DTI Management Services Group (MSG) Undersecretary Nora K. Terrado said. To oversee all details required for the APEC-WES, a National Organizing Committee (NOC) was established through a memorandum of agreement (MOA) recently signed by the DTI, PCW, and the Women’s Business Council Philippines, Inc. “This newly formed NOC intends to increase women’s participation and help drive economic growth in the Asia-Pacific region through issue and policy dialogues during the APEC-WES,” Terrado said. The combined efforts of the DTI, PCW, and #WomenBiz.ph are expected to identify and understand issues affecting women’s economic empowerment in the Asia-Pacific region and formulate strategies and policy recommendations to address these issues. About 800 to 1,000 minister level officials and organizations involved with women and gender equality programs from member-economies are expected to attend the Summit in 2015.


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Good News, Philippines! 1. Economists upgrade PHL 2013 growth forecasts

September 23, 2013 5

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he Philippine economy is expected to hit and even exceed the government’s growth target for 2013 given the strong output in the first half of the year. It grew, as measured by gross domestic product (GDP), by 7.6% as of end-June this year, higher than year-ago’s 6.4%. Growth in the second quarter remains robust at 7.5%, which is also similar to that of China. The government’s growth target for this year is between 6%-7%. Banco de Oro Unibank (BDO) Chief Market Strategist Jonathan Ravelas eyes a 7-7.5-% growth. Relatively, Bank of the Philippine Islands (BPI) Lead Economist and Assistant Vice President Emilio S. Neri Jr. expects a “slightly below 7%” growth for the domestic economy this year.

Trinh Nguyen, in a research note, revised upwards the bank’s growth forecast for the country this year to 7.1% from 6.4% previously. Citigroup also revised its 2013 gross domestic product (GDP) growth forecast to 7.3% from 7% previously while the outlook for 2014 growth was also adjusted to 6.9% from 6.8%, based on the latest research written by Citi Economist for the Philippines Jun Trinidad. Meanwhile, Singapore-based DBS has raised its full-year growth forecast to 7% this year from 6.4%. DBS said the local economy’s 7.5-% expansion in the second quarter showed its resilience against “significant external headwinds.” “Notably, the Philippine economy is once again the fastest growing in Southeast Asia. The growth momentum is likely to be maintained in the coming quarters amid a conducive domestic economic environment,” DBS said. (Zambotimes 08/30, GNP 09/02, TPS 09/04)

Similarly, Hongkong and Shanghai Banking Corp. (HSBC) Economist

2. Manufacturing rebound seen as good sign of economic rebalancing

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s the manufacturing industry is regaining its domestic performance, it was seen as a good sign of rebalancing the economic structure, Federation of Philippine Industries (FPI) Director and Industry Policy Committee Chairman Bobby Batungbacal said.

Latest report from the National Statistical Coordination Board (NSCB) showed the manufacturing sector has surged 10.3% in the second quarter of 2013 from 4.3% in the same quarter in 2012.

Expanding industry groups Industry group Basic metal industries Chemical and Chemical Products Radio, Television and Communication Equipment and Apparatus Food Manufactures

Q2 2013 growth (in %)

Q2 2012 growth (in %)

116.3 82.5 12.7

40 10.8 10.5

6.3

5.7


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Batungbacal added that the manufacturing sector’s strong performance equalizes the economic structure with service sector contributing highest value in the gross domestic product (GDP). “When you look into the breakdown, (of the manufacturing sector) it is now diverse. In the past, the growth was coming from semiconductors

3. Rebound seen for PHL exports sector

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hilippine exports have a good chance of staging a comeback in the second half of 2013 on the back of the expected recovery of major overseas markets, according to First Metro Investment Corp. and University of Asia and the Pacific (FMIC-UA&P) economists. The economists bank also on the peso depreciation which is making exports, other than electronics exports, more competitive. “While technical indicators point to a cloudy outlook for exports, our outlook

MSME News 1. DTI distributes P42.68M worth of SSFs

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he Department of Trade and Industry (DTI) distributed some P42.68M worth of Shared Service Facilities (SSFs) to 15,197 entrepreneurs from January-July this year. The beneficiaries are from 609 most disadvantaged municipalities in the country engaging in industries ranging from food to handicraft. DTI has set aside P700M for the SSF program, with over P600M worth of equipment to be dispensed within the year. Depending on the line of business, the facilities may be variously equipped with packaging machines, mechanical driers, industrial weighing scales, noodle making machineries, vegetable and meat slicers, metal craft machineries, milk extraction equipment, deep fat friers,

but now we are seeing other industries,” he said. He also said the trend in the local manufacturing sector, which is constant within the past three quarters, is an effect of the internal strength in the country and relative weakness of other nations because of higher cost and less stable economy. (PNM 09/04) for second half remains cautiously optimistic,” the FMIC-UA&P noted. However, even with a sluggish global economy, they expect the country’s export sector to grow 5%-7% this year. In 2012, exports revenues grew 7.6% to USD 51.99B from previous year’s USD 48.30B. In June this year, the value of exported goods and services already increased by 4.1% to USD 4.49B from USD 4.31B during the same period last year. (Zambotimes 09/03)

stainless industrial tables, chillers, and freezers. The SSF is DTI’s a strategic complementary project that intends to achieve inclusive growth as envisioned by the government. It entails the setting up of common service facilities or production centers for certain processes to give micro, small, and medium enterprises (MSMEs) access to better technology and more sophisticated equipment to accelerate their bid for competitiveness. This is expected to help them graduate to a next level where they could tap a better and wider market and be integrated in the global supply chain.


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Under this P700-M program, facilities can be shared by beneficiaries such as cooperatives, institutions

and communities, to help them become more competitive in the local and foreign markets.

Some SSFs and recipients Cordillera Administrative Region (CAR)

Facility

Amount

• Abatan Rural Improvement

Vegetable noodle food processing facilities

P885,000

Club (RIC) • Bonglo RIC

• St. Pio Migrants Apostolate • Goldfield Weavers Association • Itogon’s Sitio Upper Goldfield

Weaving facilities upgrade

P1.34M

Weavers Association

• Kabayan Women and Farmers Development Association, Inc. Zambales

• Castillejos

Vegetable noodle food processing facilities

P247,000

• San Felipe and Cabangan • Palauig • Olongapo City

Sweet potato processing Pastillas processing Tetrapak bags production

P780,000 P407,000 P314,000

Food processing facilities

P29.58M

Bohol

• • • • • • • • • • • • • •

Anda Bililihan Carmen Maribojoc Sevilla Alburquerque Jagna Dauis Catigbian Catigbian Danao Inabangan Tubigon Loboc

Calamay production facilities Fine jewelry facility Meat processing facility Raffia Competitiveness and Productivity Enhancement facilities Ginger based-products processing facilities

Misamis Occidental

• Petals Foundation Inc.

Abaca and banana chips production facility

P584,000

• Tudela Government Employees

Coco coir processing facility

P998,000

Organization (TUGEMO)


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2. DTI-Caraga launches SME Roving Academy; PWDs among beneficiaries

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he Department of Trade and Industry (DTI) launched the SME Roving Academy in Butuan City in line with the 35th National Disability Prevention and Rehabilitation (NDPR) Week celebration last July. Part of the launch was a threesegment technology demonstration and specialized training programs. Some 41 participants including 22 persons with disability (PWDs); nine Sangguniang Kabataan (SK) Federation officers; three entrepreneurs; and Department of Social Welfare and Development (DSWD) and DTI employees took part in the event. The demonstration was held in collaboration with DSWD and San Miguel Mills, Inc. that provided the materials for the trainings.

3. Kahimunan Trade Fair features MSME products

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he best products of more than 30 micro, small, and medium enterprises (MSMEs) in Region 10 were promoted in the Department of Trade and Industry’s (DTI) Kahimunan Regional Trade Fair held in Cagayan de Oro during the city’s fiesta recently. Trade trainings and product development were also conducted in preparation for the event while the Department presented its Shared Service Facilities (SSFs) Program during the fair.

Business Update 1. DTI, FSUU survey Caraga LGUs to improve BPLS

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he Department of Trade and Industry (DTI) and Father Saturnino Urios University (FSUU) inked a memorandum of agreement (MOA) to conduct a validation survey on local government units (LGUs) in Caraga implementing the streamlined Business Permit and Licensing System (BPLS). The survey of 200 business owners or employees was conducted

SME Roving Academy is one of DTI’s flagship programs conceptualized to be a continuous learning program for the development of micro, small, and medium enterprises (MSMEs) to become competitive in the domestic and global markets.

Caraga SME Roving Academy trainings 1. Skills training on baking - Demonstration on baking black forest bread, cheese stick bread, sweet savory bread, and ube loaf - Techniques in measuring ingredients, dough kneading, and combining different dough mixtures 2. Product pricing and costing 3. Product packaging and labelling

Participating provinces • • • • •

Bukidnon Camiguin Lanao del norte Misamis Occidental Misamis Oriental Products featured

• • • • • •

Beverages Fashion accessories Gifts and housewares Health and organic goods Home style and living products Processed food

from July 15-August 15, 2013. It was done together with the Department of the Interior and Local Government (DILG) and the Regional Competitiveness Council; and is part of the National Competitiveness Council’s (NCC) nationwide validation project. Survey results will determine points in the system to be enhanced or improved.


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September 23, 2013 9 LGUs surveyed Agusan del Norte • Butuan City • Cabadbaran City • Municipality of Nasipit Agusan del Sur • Bayugan City • Municipality of San Francisco

2. DTI urges local makers, exporters to join Brunei trade activity

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he Department of Trade and Industry (DTI) is encouraging the country’s manufacturers and exporters to sell their products in Brunei through a showroom activity. The showroom will give local players good opportunities in the Brunei market, Bureau of Domestic Trade (BDT) Director Rhodora M. Leaño said. It will be held in the Philippine Embassy in Bandar Seri Begawan, Brunei Darussalam in the last quarter of 2013.

3. PHL pride to shine in 12th Filipino Franchise Show

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he Association of Filipino Franchisers Inc. (AFFI) is recognizing local brands that continue to create waves in the international franchise arena through a three-day event dubbed “Galing ng Pinoy, the 12th Filipino Franchise Show,” slated on October 4-6, 2013 at the World Trade Center, Pasay City. “With at least USD 11B in earnings, Philippine franchising is no less a major export player. Some of our

Consumer News 1. DTI conducts consumer welfare seminars in Region 1 schools

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ver 200 students from three national high schools in Region 1 have attended consumer seminars conducted by the Department of Trade and Industry-1 Consumer Welfare Division (DTI-1 CWD). Don Pedro National High School and Alaminos National High School

Surigao del Norte • Surigao City • Municipality of Claver Surigao del Sur • Bislig City • Tandag City • Municipality of Barobo

Leaño noted that the Embassy will be in charge of taking orders and giving referrals to the manufacturers of the products on display. Products with huge potentials in the Brunei market

• • • • • • •

Bags Custom jewelry Fabrics Furniture Home furnishings Semi-precious stones Shoes

members have successfully established their brands overseas, paving the way for more players to try and conquer new markets,” AFFI President Armando O. Bartolome said. (PDI 08/24) Local brands that have gone global

• • • •

Crystal Clear Water Fiorgelato Lay Bare Waxing Potato Corner

in Malasiqui and Alaminos, Pangasinan, respectively, and Sta. Maria National High School in Sta. Maria, Ilocos Sur served as venues for the seminars. The seminars aimed to enhance the students’ knowledge on consumerism. The topics ranged from basic consumer rights


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Vol. 17, No. 19 10

and responsibilities to handling consumer complaints.

and activities in their respective schools to share the knowledge they received.

The students were encouraged to initiate consumer welfare projects

2. DTI holds Diskwento Caravan in Typhoon Maring-affected areas

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o help people access cheaper goods, the Department of Trade and Industry (DTI) held Diskwento Caravan in communities affected by the torrential rains caused by typhoon Maring. In Caloocan City, about 15 manufacturers and suppliers of basic goods joined the Caravan and offered at least 10-% discount on their items.

3. August inflation lowest in 4 years

Meanwhile, DTI-Misamis Oriental held another Diskwento Caravan dubbed “Pre-Fiesta Diskwento: Presyong Panalo para sa Mamimiling Pilipino” on August 15-16 at Magsaysay Park, Divisoria, Cagayan de Oro City.

A two-day Caravan was also conducted in Balanga City, Bataan on August 29-30, 2013. Bataan was one of the provinces declared under state of calamity.

After the success of the previous Caravan on June 14-15, which generated an aggregate of P318,980 in total sales, exceeding that of the two previous caravans in 2012, this pre-fiesta Diskwento Caravan was seen to top all sales since more suppliers committed to participate.

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of commodities as well as developments on the domestic front that may raise volatility in domestic prices,” he added. (TPS 09/06)

he National Statistics Office (NSO) reported that the August inflation rate dropped to 2.1%, the lowest since August 2009. The slower increment in the prices of food, alcohol, and transport eased the inflation in August, NSO said. “The inflation turn out for August was within BSP’s forecast range and supports our current assessment of benign inflation,” Bangko Sentral ng Pilipinas (BSP) Governor Amando M. Tetangco Jr. said. “BSP will, however, continue to closely monitor developments, particularly geopolitical concerns in the Middle East that may impact on the international prices

Consumer Price Commodity Groups July August (in %) (in %) Housing, water, electricity, gas, and other fuels

0.6

0.3

Food and non-alcoholic beverages

2.3

1.8

31.1

31

1.6

1

Alcoholic beverages and tobacco Transport


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Features DTI helps noodle factory

September 23, 2013 11

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he New A.M. Miki Factory, owned by Eleonor Canlas, wanted to continue the legacy of Lucbanons’ love for noodles, pansit, and the traditional way of making pansit habhab, which the Quezon province is popular for.

Eleanor’s Miki Factory launched Mamita’s Best Oriental Crispy Noodles.

Canlas started from having only a secondhand noodle cutter machine and made noodles right from her kitchen.

“With the huge potential for Filipino food entrepreneurs, we hope to provide greater access for our MSMEs, to the point that they will be successful enough to eventually make it to the international market,” DTI Trade and Investment Promotions Group (TIPG) Undersecretary Ponciano C. Manalo Jr. said.

Through the Department of Trade and Industry’s (DTI) help, she explored new noodle variants and was able to expand her business.

Canlas also shared that her passion for her business and love for noodles made her survive and succeed.

During the recently concluded Sikat Pinoy National Food Fair (NFF),

ASEAN Watch 1. PHL ‘different’ from troubled ASEAN peers

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he Philippines, Southeast Asia’s fastest growing economy, is distinguished as different from its regional peers that are experiencing slowing growth, international reports cited.

“The local economy’s resilience in the face of external turbulence reinforces our view that the Philippines is somewhat differentiated from its peers not only by having a structural current-account surplus but also by having local growth drivers, mainly public spending and private investments to lean on. The latter may be traced to local economic authorities’ ability to pursue accommodative policies given a benign inflation outlook and manageable public debt,” Filipino Economists Romeo Bernardo and Marie-Christine Tang for New York-based think tank Global Source wrote. In another research, financial services holding company Credit

Suisse reported that the Philippines offers the best macroeconomic forecasts out of the ASEAN-4 (with Thailand, Indonesia, and Malaysia) economies. “While the recent correction in regional Asean equity markets has no doubt impacted the Philippines’ equity markets, with the local equity market correcting by close to 14% in August, it is important to differentiate the Philippines from the other Asean-4 countries,” Michael Wan for Credit Suisse reported. “The Philippines has several strengths relative to its Asian peers. Solid domestic consumption and investment are likely to support growth in the next three years,” British bank Standard Chartered said, adding that the economy ranked favorably based on Moody’s External Vulnerability Indicator. (PDI 09/03)


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2. Indonesia offers new businesses for Filipinos

Vol. 17, No. 19 12

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ndonesia is offering new businesses for Filipinos in the construction, transportation, shipping, and container port and terminal development areas, the Philippine Chamber of Commerce and Industry (PCCI) reported. PCCI is forming a trade mission to visit Amurang City to conduct feasibility studies on possible investments and to discuss its offer to donate certain city property to Filipino investors, PCCI President Miguel B. Varela said.

3. Economic growth shifting back to Asia Pacific

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usinessmen are experiencing the economic growth shifting from the West back to Asia and the Pacific. Ambassador and Asia Pacific Chamber of Commerce and Industry (APCCCI) President Benedicto Yujuico said that in the years 1900 to 2000, the economic shift started to move toward the West from Asia as the center of economic gravity. However, in 2000, the economic growth started to return and by 2015, the region is expected to fully recover with more than 50% of gross global product set to be produced in Asia. Malaysia, Taiwan, and Thailand have lower inflation rates while the Philippines is also expected to ride on as the country posted the highest growth rate in Asia in the last two years.

(sunstar.com.ph 09/05)

The opportunities were conveyed by the Philippine Consul-General Jose D.R. Burgos in Manado, Indonesia through Department of Foreign Affairs (DFA) International Economic Relations Undersecretary Laura Q. Del Rosario. Meanwhile, an Indonesian group is also looking for investment partners for its plans to build a merchant marine academy. (MAB 09/01)

STATWATCH P42.68M Worth of SSFs the DTI awarded from January-July 2013

P13.8M Sales generated from the Sikat Pinoy National Food Fair 2013 P318,980 Sales from Diskwento Caravan held in Cagayan de Oro last June 2013

34,100 Buyers who visited Sikat Pinoy National Food Fair 2013

200 High school students who attended consumer welfare seminars conducted by DTI-1 10.3% Surge in manufacturing sector in Q2 2013 from 4.3% in Q2 2012

5%-7% FMIC-UA&P’s expected growth in PHL exports for 2013

2.1% Inflation rate in August


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(A synopsis of selected book acquisitions at the DTI-TIIC library)

Author : Mycoskie, Blake Publisher : Spiegel & Grau Trade Paperback Call Number : 06.08/MYC/2012 Contains the story of TOMS, one of the world’s fastest-growing shoe companies, and combines it with lessons learned from such other innovative organizations’ method. The author presents simple keys for creating or transforming life and business, from discovering core story to being resourceful without resources, and overcoming fear and doubt to incorporating into every aspect of life. It also gives ideas and practical tips that will inspire, entertain, and challenge everyone to get started with something that matters. 211p.

Legend: BMI - Business MIrror BWD - Business World MAB - Manila Bulletin GNP - Good News Philippines PDI - Philippine Daily Inquirer PNM - Positive News Media TPS - The Philippine Star sunstar.com.ph zambotimes

Title : It’s Your Business: 183 Essential Tips That Will Transform Your Small Business

Title : Start Something that Matters

Entered as Third-Class Mail at the Makati Central Post Office under Permit No. PM-04-08 valid until 31 December 2013

Author : Ramberg, J J Publisher : Business Plus Call Number : 06.08/RAM/2012 Contains collection of some of the smartest, most practical pieces of advice, and easy-to-understand business ideas, tips, and hard-earned insights for small business owners culled from years of interviews and research done by the author. It is filled with all the tricks of the trade that people who are in the trenches every day – people who are doing the things all small business owners do, such as hiring people, developing pricing schedules, and negotiating deals – have created to help them with these tasks. 185p.

Philippine Postal Permit No. PM-04-08

What’s New?

September 23, 2013 13

Editor-in-Chief: Anne L. Sevilla Managing Editor: Vic S. Soriano Associate Editor: Jam A. Hourani Writers: Resty P. Par, Hazel S. Dizon, Joanna D. Cruz, Airiz A. Casta, Kit S. Andaya Design/Layout: Ren C. Neneria Circulation: Myrna V. De Los ReyesTo subscribe, email: publications@dti.gov.ph


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