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STATEMENT ON THE COUNTRY’S PARTICIPATION AT THE 5th CHINA-SOUTH ASIA EXPO AND 25th CHINA KUNMING IMPORT AND EXPORT FAIR
The Department of Trade and Industry (DTI) remains committed in supporting Filipino exporters and traders in maximizing opportunities that will help them gain access to markets such as China. On 18 June 2018, Philippine Star published ‘PH officials no show in China expo’ mentioning that the country failed to take advantage of the said exposition by not sending representatives that would showcase the country’s products as expressed by the representatives of the Chinese Filipino Business Club Inc. (CFBCI). The DTI is saddened by the statement provided by CFBCI in the report that mentioned the country’s lack of support to the private sector in taking advantage of the opportunities provided by the said fair. However, the DTI clarifies that the Philippines’ participation at the 25th China Kunming Import and Export Fair 2018 was discussed accordingly with the officials of the province of Yunnan during their visit to Manila last 17 May 2018, a month before the actual trade fair. During the said visit of the officials of the province of Yunnan, the DTI expressed its support to the said fair. However, it also emphasized the lack of budget and limited time for preparation for the country’s participation at the Kunming Import and Export Fair this year and has offered to take a closer look on the proposal for the possibility of joining the fair in 2019. On the same meeting, DTI Trade and Investments Promotion Group Undersecretary Nora Terrado also mentioned the process and the strategy implemented by the Department this year in determining strategic country participation at bigger fairs held in China. This is also in relation to the... read morePhil Trade Training Center: Home of the ASEAN SME Academy
The Philippine Trade Training Center (PTTC) paves the way to a more convenient, wider, and open-access online trainings and resources for the Philippines’ Micro, Small, and Medium Enterprises (MSMEs), as the Center becomes the new administrator of the Association of Southeast Asian Nations (ASEAN) Small and Medium Enterprise (SME) Academy or the ASEAN SME Academy. The Academy is a one-stop multi-platform online learning and information resource for Southeast Asian SMEs with support from US-AID, ASEAN Coordinating Committee on MSME (ACCMSME) and the US-ASEAN Business Council (US-ABC). Launched at the 6th Meeting of the SME Advisory Board in Singapore on 31 May 2016, the Academy aims to provide training and mentorship to enhance ASEAN SME’s capabilities to grow and compete regionally and internationally. The Philippines, through the Department of Trade and Industry (DTI), was chosen as the first country to become the Academy’s administrator. PTTC shall also facilitate online forums that will link MSMEs in the Philippines to SMEs in Southeast Asia for the sharing of experiences on common issues, identifying best practice and replicating excellence to scale. At present, around 50 training courses on finance/accounting, management, marketing, operation, technology, and trade/logistics from Fortune 500 companies and members of the US-ASEAN Business Alliance for Competitive SMEs are being offered. The core of the Academy is a series of training materials for SMEs contributed by Baker & McKenzie, Facebook, Google, HP Inc., MasterCard, Microsoft, PayPal, P&G, and International Labor Organization. In addition, the Academy contains around 350 relevant links to business information and access to a directory of service providers to whom SMEs can reach out for financial advice, corporate programs and... read more