dataline 16 (2013)

dataline August 12, 2013 1

datalineA bi-monthly digest of global and domestic industry trends and developments. Published bythe Trade and Industry Information Center, Department of Trade and Industry Manila, PhilippinesTel. (632) 895.3611 Fax (632) 895.6487 To subscribe, email: [email protected]: http://www.dti.gov.ph

August 12, 2013Vol. 17, No. 16

In this issue

FocusFilipino consumers world’s 2nd most optimistic

Continued growth seen

Inside DTI

1. DTI welcomes Usec. Terrado2. DTI immerses youth in gov’t service3. PHL is 8th best Asia-Pacific

destination for franchise expansion4. PHL climbs 5 notches in global

innovation index5. More Filipinos optimistic in 20136. Gov’t retains growth targets

for the next 2 years7. Foreigners eye PHL as potential

trade partner

MSME News

1. DTI launches SME Roving Academyin Davao, Iloilo

2. DTI assists SMEs in Mindanao,Laguna

3. DTI: SMEs set for AEC4. ‘Diskwento Sale’ now an annual

Dagupan Charter Day event

Business UpdateTap ASEAN, local brands advised

Consumer News

1. DTI confers Bagwis Sealto SM Food Group

2. DTI: Sell more locally produced foodover junk foods in school canteens

3. DTI, AISL sign MOA to controlundelivered balikbayan boxes

4. DTI-Capiz destroys seizedsubstandard products

FeaturesBDT showcases CAR products

ASEAN Watch1. PHL, Malaysia launch initiatives

for bilateral trade2. Korean firms conduct trade mission

Statwatch

What’s New?

Vol. 17, No. 16 2dataline

FocusFilipino consumers world’s

2nd most optimistic

Continued growth seen

Growth in the third quarterwill likely remain strongbased on general economic

activity indicators, the NationalStatistical Coordination Board(NSCB) announced.

The composite leading economicindicator (LEI), which tracks11 economic indicators, improvedto 0.152 in the third quarter froma revised 0.064 in the second quarter– indicating “a positive outlookfor the country’s economy.”

The NSCB said the LEI was positivefor the second quarter in a rowafter the revised 0.026 in the firstquarter, when gross domesticproduct (GDP) expanded bya better-than-expected 7.8%.

Major LEI growth contributors

(Q3 2013)

• Electric energy consumption• Hotel occupancy rate• Money supply• Number of new businesses

• Stock price index

• Terms of trade index

• Total merchandise imports

• Visitor arrivals

The NSCB said the eight indicatorsaccounted for 82.4% of the LEI,up from 71.9% in the second quarter.The biggest contribution camefrom total merchandise imports,which recovered in April afterslumping in the first three monthsof the year.

“The first-quarter GDP growth wasalready a strong growth. Third-quartergrowth will be about the same,”Asian Institute of Management(AIM) Professor Emmanuel A.Leyco said.

On the same note, University of theAsia and the Pacific (UA&P)Senior Economist Cid L. Terosasaid stronger growth will result fromstronger domestic demand anddomestic production.

“Preparations for the expected surgein demand in the fourth quarterwill prompt producers to producemore goods and services in thethird quarter,” Terosa said.

Meanwhile, optimism among Filipinoconsumers improved in the secondquarter, enabling the Philippinesto dislodge India as the world’ssecond most optimistic market,Nielsen’s Global Surveyof Consumer Confidence andSpending Intentions QuarterlyReport showed.

“With the Philippines continuingto display economic resilience andongoing growth, Filipino consumersremain one of the world’s mostoptimistic and show growing focus onsaving for the future,” the report said.

The Philippines recorded a three-point rise to an index of 121 from thepreceding quarter’s 118– against aglobal average of just 94 – “makingit home to the world’s second mostconfident consumers,” Nielsen noted.

It added that the last quarter sawthe Philippines’ highest consumerconfidence since the fourth quarterof 2010, when the country scored120. An index above 100 indicatesoptimism. (BWD 07/24)

Top 10 CountriesGlobal Survey of Consumer

Confidence (Nielsen) Q2 2013

Country Index PointIndonesia 124Philippines 121India 118Thailand 114Brazil 110China 110UAE 107Hong Kong 107Malaysia 103Saudi Arabia 100Peru 99

Switzerland 98


Inside DTI1. DTI welcomes Usec.

Terrado

The Office of the Presidenthas recently appointedNora K. Terrado as new

Undersecretary for theManagement Services Group(MSG) of the Department of Tradeand Industry (DTI).

Usec. Terrado replacesUndersecretary Zenaida C.Maglaya, who was recentlytransferred to the RegionalOperations and Development Group(RODG) vice Usec. Merly M. Cruzwho had retired from governmentservice last June 2013.

As MSG Head, Terrado will overseethe DTI’s administrative and supportoffices, namely the FinancialManagement Service (FMS),General Administrative Service(GAS), Human ResourceDevelopment and PersonnelServices (HRDPS), ManagementInformation Service (MIS),Office of Operational Planning(OOP), and Trade and IndustryInformation Center (TIIC).

She will be involved in coming upwith industry policies, coordinating,and monitoring the implementationof the Department’s operationalplans and programs. She will alsotake part in providing informationand communication support.

Prior to her appointment, Terradowas a respected leader in theinformation technology-businessprocess management (IT-BPM)industry in the country and headedvarious multinational firms.

She was the President of HeadstrongPhilippines Inc., a global financialconsulting and IT services company.

She was also the Vice President ofGENPACT Headstrong CapitalMarkets and IT Philippines, and SiteLeader of GENPACT Manila GlobalDelivery Center.

A Certified Public Accountant,Terrado also served as FinancialController, Manager of the RegionalShared Services Center for SoutheastAsia Operations of Harper Group/Circle International, and VicePresident for Finance andAdministration of Circle Freight andAffiliated Companies. She alsoworked as External Auditor atSGV&Co (now Ernst and Young).

As an industry leader, Terrado servedas the President of the PhilippineSoftware Industry Association (PSIA)from 2010 to 2013. She was alsoinvolved in the software industry’svarious initiatives during her termsuch as strategic market positioningand branding for the Philippines,collaboration with industrystakeholders, product and processinnovation, and continuous talentdevelopment among the industry,to name a few.

She was a member and trusteeof the Business Process OutsourcingAssociation of the Philippines (BPA/P)now Information Technologyand Business Process Associationof the Philippines (IPBAP) andmember of the American Chamberof Commerce in the Philippines(AmCham).

Terrado earned her B.S. Commercedegree as a state scholar at theUniversity of St. La Salle Bacolod Cityand studied Strategic BusinessEconomics at the University of Asiaand Pacific (UA&P).


2. DTI immerses youthin gov’t service T

he Department of Tradeand Industry (DTI) recentlyemployed students and college

graduates under the GovernmentInternship Program (GIP), immersingthem in the bureaucracy for effectivetraining and possible employment.

“In involving the youth to publicservice, we provide them theopportunity to take part in the Aquinoadministration as it makes remarkableprogress in making government aneffective servant of the people throughgood governance and reforms,”DTI Secretary Gregory L.Domingo said.

The DTI employed a totalof 632 interns nationwide.The first and second batch of internstotaled 365 and 267, respectively.

Most of these interns, numberingto 330, were assigned in Luzon.The interns assigned in Visayasand Mindanao totaled 90 and 212,respectively. Only seven internswere assigned in the Head Office.

The DTI has been implementingthe GIP every summer for 20 yearsnow. Interns were asked to performactual office work and helped in theimplementation of the Department’sprograms, projects, and activities.

These interns, aged 18 to 25 yearsold, completed 52 days of workand were provided with stipends.

The GIP is a key componentof Kabataan 2000 that startedin 1993. This program coversall national government agencies(NGAs), government-ownedand -controlled corporations(GOCCs), and local governmentunits (LGUs).

It aims to initiate youth in publicservice, serve as recruitmentfor potential public employees,and extend possible financialassistance for the next schoolyearenrolment.

“Based on our post-internshipappraisal, most of the internsnot only learned to perform generaloffice tasks like record keeping,filing, running service counters,and other administrative tasks,but also enriched their communicationand research skills,” DTI-HumanResource Development andPersonnel Services (HRDPS)Director-in-Charge Joel R.Cruz said.

“We also gave awardsto 10 outstanding interns basedon their performance ratings.These performance ratings, whichwere based on their actual outputsand work attitude, can also be usedfor their actual job employmentin the future,” Cruz said.

3. PHL is 8th bestAsia-Pacific destinationfor franchise expansion

The Philippines emerged as the8th best destination forfranchise brands that will seek

expansion in member-statesof the Asia-Pacific EconomicCooperation (APEC), a study of EGSSurvey Group showed.

“The study also validatedthe country’s standing as thefranchising hub in Southeast Asia,”Philippine Franchise Association(PFA) Chairman Emeritus SamieLim said.

“They recognize our leadership inthe region and we have more certifiedfranchise executives (CFEs) thananywhere else in the world exceptthe United States (U.S.),” Lim said.

Best destinations for overseasfranchise concept expansion

1. Chile 8. Philippines2. U.S. 9. Indonesia3. Japan 10. Viet Nam4. China 11. Malaysia5. Canada 12. South Korea6. Australia 13. Russia7. Mexico


4. PHL climbs 5 notchesin global innovationindex

These destinations were rankedaccording to their expected grossdomestic product (GDP) growthin 2013, market size, legal concernsfor international brands, ease ofmarket entry, ease of startinga new business, and politicaland economic stability.

Currently, Lim said there are around1,300 franchisors and 150,000franchisees nationwide. Franchisingalso provides employment to around

1.5M Filipinos, strengthening thePFA’s claim that the industry can bea major job generator.

He added that the franchisingindustry accounts for around 30%of the country’s total retail revenuesestimated at USD 13B in 2011.

Retail sales nationwide wereat USD 36B in 2011 and franchisingsales are also included in thisamount. (BMI 07/14)

The Philippines ranked 90th

in the most innovative economyin the world this year, up five

notches from last year’s 95th position,the Global Innovation Index (GII)2013 reported.

The Philippines scored 31.2out of possible 100 in the GIIcompared to last year’s score of 29.

“The results of the GII providetestimony to the global natureof innovation today. The top25 ranked countries on the GIIare a mix of nations from acrossthe world — North America, Europe,Asia, Oceania, and the Middle East.While high-income economiesdominate the list, several new playershave increased their innovationcapabilities and outputs,” GII ReportCo-Editor Soumitra Dutta said.

The GII 2013 also sub-categorizedinnovation into three: innovationoutput, innovation input, andinnovation efficiency ratio.

Based on innovation output,the Philippines got a score of 30out of 100 to rank 77th in the world,and scored 32.3 to rank 108th

in innovation input.

The country’s innovation efficiencyratio was regarded by the reportas one of the country’s strengths.It earned 0.9 (with the highest scoreof 1.13 given to Mali) to rank24th globally. (TPS 07/15)

Global Innovation Index (GII) rankingfor the Southeast Asia Region

Country Rank

Singapore 8th

Malaysia 32nd

Thailand 57th

Brunei Darussalam 74th

Viet Nam 76th

Indonesia 85th

Philippines 90th

Cambodia 110th

PHL areas of strength

• Percentage of graduatesin science and engineering

• Market capitalization• Business-financed research

and development,• Joint-venture and strategic-

alliance deals• Percentage of high and medium-

high technology manufacturers• Knowledge diffusion


5. More Filipinosoptimistic in 2013 M

ore Filipinos are confidentthat their lives will improveas they look forward

to a better economy this year,the latest Social Weather Stations(SWS) survey showed.

The First Quarter 2013 SocialWeather Report indicated that39% of Filipinos expected their livesto improve this year, while only6% expected otherwise, resultingin a “very high” net personal optimism(NPO) of +32, three points upfrom December’s “high” NPO of +29.

The survey also showed that 35%of Filipinos expected that theeconomy “will be better”while 11% expected it “will be worse,”

for a “very high” net economicoptimism (NEO) of +23, four pointsup from the previous quarter’s also“very high” +19.

The survey used face-to-faceinterviews with 1,800 Filipino adultsnationwide and was conducted fromMarch 19-22, 2013.

The report also showed 24%of Filipinos saying their lives hadimproved over the last 12 months(gainers) compared to the 27%who said it had worsened (losers),for a net gainers score of -3 (gainersminus losers). The figure is upfrom the previous quarter’s netgainers score of -8. (PDI 07/08)

6. Gov’t retains growthtargets for the next2 years

The government’s economicteam has retained the country’sofficial growth targets for this

year and the next, believingthe Philippines is poised to stilloutperform many of its neighbors.

With the decision, the economicgrowth targets stay at the range of6%-7% for this year, and 6.5%-7.5%for next year.

The growth targets are conservativebut at the same time encouragingenough, given lingering uncertaintiesin the global economy, Departmentof Budget and Management (DBM)Secretary Florencio B. Abad noted.

Abad also serves as Chair of theinteragency Development BudgetCoordination Committee (DBCC)that sets the government’smacroeconomic targets and policies.

In the first quarter of the year,the Philippine economy grew by7.8%, the fastest growth rate in Asiafor the period, even surpassingChina’s 7.7%.

He said there remains no solid proofthat the United States (U.S.) andeurozone will significantly recover,

adding that China may be showingsigns of a slowdown.

The U.S., the eurozone, and Chinaare three of the Philippines’ biggesttrading partners, accountingfor a substantial portion of Philippineexport earnings and serving as keysources of goods imported bythe country.

“There is a chance for the Philippinesto exceed the growth targets givenfavorable domestic developments,but that keeping the original targetsto take into account economicuncertainties outside the countryis wise,” Socioeconomic PlanningSecretary Arsenio M.Balisacan said.

Balisacan cited improving consumerand business sentimentin the Philippines that is expectedto boost consumption andinvestments this year and the next.

He also said the government intendsto further push its infrastructuredevelopment program as a strategyto sustain a robust economic growthrate and to create jobs overthe medium term. (PDI 07/04)


7. Foreigners eye PHLas potential tradepartner

A 12-member delegationfrom Utah representing varioussmall and medium enterprises

(SMEs) visited the Philippinesto find local trade partnersin various sectors.

Led by Utah Governor’s Office ofEconomic Development AsiaPacific Regional Director BrettHeimburger, the trade mission wasthe third this year organized by the USEmbassy’s Commercial Service.

“When a company comes inand is able to develop a sizablemarket presence, then they startlooking at ways where they canmanufacture locally to service notonly the Philippine market but alsoother markets in the area like VietNam and Indonesia,” Heimburgersaid. (BWD, TMT 07/16; PDI, TPS 07/17)

Utah’s areas of interest

• Plant nutrition• Nutritional supplements• Educator effectiveness training,• Student-learner skills development• Medical infusion pumps• Wine

• Possibly manufacture in the country

Companies in the Utah delegation

• Albion Plant Nutrition• Dr. Tim’s Juices• Nutranomics• School Improvement Network• Summit Medical Products• TestOut, Inc.• TWODOG Wine

The Department of Trade andIndustry (DTI) recentlylaunched the Small and

Medium Enterprise Roving Academyin Davao and Iloilo in line withthe SME Development (SMED)Week celebration.

The SME Roving Academy isa nationwide program of the DTIthat targets to develop competitiveSMEs by providing information,creating knowledge, and openingcommunication.

The DTI is working with localgovernment units (LGUs), theacademe, financial institutions,trade and industry associations, andgovernment and non-governmentorganizations (GOs and NGOs)to carry out the program’s strategies.

“We will harmonize all interventionsprovided, determine the benefits,measure the impact, and addressthe gaps,” DTI-6 Regional DirectorDominic P. Abad said.

Aside from the launch of the SMERoving Academy, a free FranchisingForum was also held during theSMED Week celebration in Davaothat featured food cart businessesthat can be franchised at P15,000.

Meanwhile, INJAP FoundationPresident Joel Adrias discussabout the best practices of Deco’sPasalubong Center during thecelebration in Iloilo. (zambotimes.com 07/

05; iloilonestoday.com 07/15)

MSME News1. DTI launches SME

Roving Academyin Davao, Iloilo

2. DTI assists SMEsin Mindanao, Laguna T

he Department of Trade andIndustry (DTI) provided sevenShared-Service Facilities

(SSFs) worth over P3M in Mindanaoand Laguna.

Six SSFs that cost more than P2Mhave been approved in Davao del Surwhile three more are still beingfinalized and are targeted to beapproved within the year. An SSF


3. DTI: SMEs setfor AEC

worth P960,000 has also beenawarded to a coconut cooperativein Laguna; the second to be awardedin the Cavite-Laguna-Batangas-Rizal-Quezon (CALABARZON) area.

Meanwhile, the DTI, together with theJapan International CooperationAgency (JICA), plans to launch SSFscentered on processing raw materialsinto value-added marketable

products. These will be distributedto farmers in Mindanao.

“It is our hope that they will improvetheir business especially in termsof profit by increasing their productionvolume and enhancing productquality,” DTI-Davao del SurOfficer in Charge Eulogio C.Orevillo said. (TMT 07/05, MB 07/07, DTI4A

News 07/10, pia.gov.ph 07/17)

Beneficiaries and SSFs

Davao del SurBenepisyaryong Reporma ng Agraryong — Coco vinegar production facilityDarong Multipurpose Cooperative (BREAD-MPC)

PCEC Kumassie Employees — Kakanin production facilityAgrarian Reform BeneficiariesAssociation, Inc. Multipurpose Cooperative(PKEARBAI-MPC)

Padada Cococraft Producers — Coco shellcraft production facilityand Assemblers Association

Malita Rural Workers Agrarian Reform — Cacao beans fermentation facilityBeneficiaries Multipurpose Cooperative(MARWABEMPCO)

Kooperatibang Kiblawan facility — Muscovado sugar production

Bansalan Coconut Farmers — Coco coir processing facilityand Workers MultipurposeCooperative (BCMC)

LagunaLingap sa Nayon ng Barangay — Coconut husk processing facilityAnglas Multi-Purpose Cooperative (Lingap)

Department of Tradeand Industry (DTI)Secretary Gregory L.

Domingo affirmed small andmedium enterprises’ (SMEs)preparedness for the formationof the Association of South East AsianNations’ (ASEAN) EconomicCommunity (AEC) set to becompleted by 2015.

“The AEC is not really a big bangin the sense that, when we reachthat date in 2015, suddenly, massivechanges will happen; the biggestchange has already happened

rules…,”

in 2010. AEC 2015 will mostly affectservice areas and investment Domingo said, explainingthat almost all tariff lines had alreadybeen reduced to zero in 2010.

The AEC aims to homogenize tradepolicies among ASEAN membersto create an easier streamof imports and exports betweenASEAN countries.

Domingo also mentioned that theDTI has been priming and supportingSMEs through seminars such as theDoing Business in Free Trade Areas


4. ‘Diskwento Sale’now an annual DagupanCharter Day event

(DBFTA) and SME Roving Academy,and programs like theShared-Service Facilities (SSF)and a financing loan portal

by the Financial Executives of thePhilippines (FINEX), DTI, and SmallBusiness Corporation (SB Corp.).(BWD 07/17; PDI 07/22)

The Department of Tradeand Industry (DTI)-Pangasinanwill now make Diskwento Sale

an annual event in line withthe 66th Charter Day celebrationof Dagupan City.

Dagupan City Mayor Belen T.Fernandez initiated the event withDTI last June 20, 2013 to establishthe date as "sale" day, createawareness about Agew na Dagupan(Dagupan Day), and encourageconsumer spending. In this annualhighlight, customers can buy basic

Participating establishments

• Robinsons Dagupan,• EC Deals Supermarket• Puregold Jr. Bonuan• Unitop Dagupan• Dagupan 168• Addessa Corporation• Siapno-Tada Optical• Magic Group of Companies• MJ Gas Corporation• CSI Group of Companies.

commodities at discounted pricesat almost 50%.

Business UpdateTap ASEAN,local brands advised

Local franchisors should viewthe Association of South EastAsian Nations (ASEAN)

as the next most lucrative marketsfor their overseas expansion andnot the United States or Europe,according to PhilippineFranchising Association (PFA)Chairman Emeritus Samie Lim.

Lim said there will be moreopportunities with free movementof goods, services, investments,skilled labor, and free flow of capitalwhen the ASEAN EconomicCommunity (AEC) happens in 2015.

He also emphasized the advantagesof the region strengthening itscooperation with six of its majortrading partners—Australia, China,India, Japan, New Zealand, andSouth Korea—that would yield acombined gross domestic product(GDP) of about USD 17T and40% of world trade.

Addressing local franchises, Lim saidthat the Philippines has the mostvibrant franchise industry in ASEAN.

The country ranked fourth in thelatest survey of the InternationalFranchise Association (IFA) on "BestDestinations for Overseas Expansionin APEC."

Top 4 Best Destinations for OverseasExpansion in APEC

ChileUnited StatesJapan, China

Canada, Australia, Mexico, Philippines

The countries are rankedaccording to their expected GDPgrowth this year, market size, legalconcerns for international brands,ease of market entry, ease of startinga new business, and politicaland economic stability.

The number of franchises in thecountry is expected to grow 30% nextyear from this year’s 20%, with theinflux of foreign companies swarmingthe local market. However, localfranchise leaders cautioned bothforeign and local firms to ensure theirsustainability. (MAB 07/12; 07/16; 07/19)


Consumer News1. DTI confers Bagwis

Seal to SM FoodGroup

The Department of Tradeand Industry (DTI) recentlyconferred the Bagwis Seal

of Service Excellence to sevenSavemore market branchesin Luzon.

DTI awards the Bagwis ServiceExcellence to establishments thathave the highest level of businessethics and advocate fair and truthfulmarketplace through voluntaryself-regulation and serviceexcellence.

Recognition is given to establishmentsthat have clean and organizedworkplaces, support good employee-employer relationships, and withexcellent customer relations.

DTI also gives the Bagwis Awardsto companies who observe the trade

laws, have a consumer welfare desk(CWD), comply with qualitymanagement requirements ofInternational Organization ofStandardization (ISO), and enforcecorporate social responsibility.(TPS 07/15)

Savemore market branchesawarded with Bagwis Seal

of Service Excellence

Bagwis award Savemore branchSilver Mendez, Cavite

Salitran, CaviteAngono, RizalTanay, RizalMorong, Rizal

Bronze Apalit, PampangaIba, Zambales

The Department of Trade andIndustry (DTI)-Eastern Samarencouraged school canteens

in the province to sell more locallyproduced snacks rather than junkfoods and asked mothers to helpthem on their goal to fightmalnutrition.

DTI has extended their assistanceto locally made products through

2. DTI: Sell more locallyproduced food overjunk foods in schoolcanteens

processing stages, product costing,and pricing.

DTI-Eastern Samar ProvincialCaretaker Eleanor O. Alidoassured that these products meetthe food quality standards.

She urged producers to alwayskeep in mind the safety standardsin food handling.

The Department of Trade andIndustry (DTI) and theAssociation of International

Shipping Lines, Inc. (AISL) signed aMemorandum of Agreement (MOA)that will help lessen the rate ofabandoned and/or undeliveredbalikbayan boxes due to dishonestforeign consolidators.

DTI Undersecretary for ConsumerWelfare and Business RegulationGroup (CWBRG) Zenaida Cuison-Maglaya and AISL President

3. DTI, AISL sign MOAto control undeliveredbalikbayan boxes

Edgar C. Mila signed the MOAwherein the two parties will workclosely to ensure that balikbayanboxes sent by Overseas Filipino(OFs) are delivered to their familiesin the Philippines.

“The DTI is pleased with itspartnership with AISL because weknow that the international shippinglines play a vital role in bringing inand sending out packages for manyFilipinos from countries around theworld,” Maglaya shared.


4. DTI-Capiz destroysseized substandardproducts

The Department of Trade andIndustry (DTI)-Capiz headedthe destruction of several

uncertified electrical products thatwere confiscated from localestablishments.

Most of the confiscated productswere substandard Christmas lights,snap switches, and lamp holdersworth P178,000.

FeaturesBDT showcasesCAR products

The Bureau of Domestic Trade(BDT) is currently showcasingthe best of Cordillera products

until September 30, 2013.

“The BDT showroom actually attractsinterests of people that look by thebuilding... while majority of the salesare retail in nature like they buyfor personal consumption, you cannever tell if somebody will comeand put in a big order... an opportunitywe are trying to provide,” BDTDirector Rhodora M. Leaño said.

One of the exhibitors, Amman’sEnterprises, offers knitted garmentssuch as sweaters, bonnets, shawlsand ponchos, rugs, woven bags, andwall decorations.

Department of Trade and Industry-Cordillera Administrative Region (DTI-CAR) helps SMEs by inviting them tojoin various exhibits to bring in and

sell their products in local marketsand have opportunitiesto get buyers from abroad. DTI alsoprovides trainings like costingand pricing.

Amman’s Enterprises (formerly JenHand-woven and Craft) Owner JaneKis-ing said through the help of DTI,she was able to send her sevenchildren to school and fortunately,they all graduated in college.

Also, BDT, in partnership withPhilippine STAR and with supportfrom the Center for InternationalTrade Expositions and Missions(CITEM), is working together andlooking for special projects with SM.

The project, ‘My City, My SM,My Crafts,’ showcases the bestof the best Philippine craftsmanshipfrom the Cordilleras to tribal villagesof Mindanao.

The Philippines and Malaysiacame up with fresh initiativesthat would ramp up their

bilateral trade.

The Philippines exporteda total of USD 1.02B worth of goodsto Malaysia in 2012, while,Malaysia exported some USD 2.5Bworth of goods to the Philippines,the National Statistics Office(NSO) reported.

The two countries conductedmutually beneficial activities liketrade meetings and informationsessions for local exporters.

ASEAN Watch1. PHL, Malaysia

launch initiativesfor bilateral trade

Seven existing FTAs in the PHL

• Association of Southeast AsianNations (ASEAN) Free TradeAgreement (AFTA)

• ASEAN-China Free TradeAgreement (ACFTA)

• ASEAN-Korea Free TradeAgreement (AKFTA)

• ASEAN-Australia-New Zealand FreeTrade Agreement (AANZFTA)

• ASEAN-Japan ComprehensiveEconomic Partnership Agreement(AJCEPA)

• ASEAN-India Free Trade Agreement(AIFTA)

• Philippines-Japan EconomicPartnership Agreement (PJEPA)


Over P3M Value of SSFs

awarded to six beneficiaries inDavao del Surand one in Laguna

P178,000 Cost of several

uncertified electrical productsconfiscated and destroyed

by DTI-Capiz

632 Number of interns DTI

employed nationwide

90th PHL’s ranking in the Global

Innovation Index 2013

4th PHL’s ranking in the best

destination for overseas expansionin APEC

2nd PHL’s ranking in Nielsen’s

Global Survey of ConsumerConfidence and Spending

Intentions

39% Percentage of Filipinos

expect their lives to improve thisyear, according to the Q1 2013

Social Weather Report

6%-7% Government’s

economic growth target for thisyear; 6.5%-7.5% for the next

STATWATCHThe Department of Trade andIndustry (DTI), through its “DoingBusiness in Free Trade Areas”(DBFTA) outreach program,conducted an information sessionat Hotel del Rio in Iloilo City for 100participants composed of smalland medium enterprises (SMEs),exporters and manufacturers, localagency and government officials,and members of academe. (BMI 07/04)

2. Korean firms conducttrade mission K

orea Importers Association(KOIMA), composed of over8,000 importers and facilitates

70% of Korea’s total imports, visitedthe Philippines to look at potentialpartnerships and investments in thecountry and conduct its summerbuying mission this year.

For their part, the Departmentsof Trade and Industry (DTI) andTourism (DOT) organized a seriesof trade and investment seminarsand matching of Korean firmsand Filipino businessmenon July 17-20, 2013.

“The country wants to improveeconomic relations with South Koreaand to promote Philippine businessand tourism programs,” DTIUndersecretary for Trade andInvestment Promotions Group(TIPG) Ponciano C. Manalo Jr. said.

“While we have already lined up anumber of local companies, we arestill open for more participants fromthe business community to join us inthe business matching sessionbetween Philippine companies andthe KOIMA,” Bureau of Export TradePromotion (BETP) Director SenenPerlada said.


Editor-in-Chief: Anne L. Sevilla Managing Editor: Vic S. Soriano Associate Editors: Resty P. Par, Jam A. Hourani, Writers:Hazel S. Dizon, Joanna D. Cruz, Airiz A. Casta, Kit S. Andaya Design/Layout: Ren C. Neneria

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Title :DisruptiveTechnologies:Advances thatwill TransformLife, Business,and the GlobalEconomy

Title : TheNew DigitalAge

Author : Schmidt, Eric/Cohen, Jared

Call Number : 13.08.02/SCH/2013

In this report, the authors combineobservations about the physical worldwith their insights into the digitalfuture. This is a forward-thinkingaccount of where the world is headedand what this means for people,states, nations, and businesses.It is about technology, but even moreabout humans, and how they interactwith,implement, adapt to, and exploittechnologies in their environment,nowand in the future.

Author : Manyika, James; et.al.

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This report identifies technologiesthat could drive truly massiveeconomic transformations anddisruptions in the coming years.Itassesses the potential reach andscope and the economic impact anddisruption of major rapidly advancingtechnology areas. Also looks atexactly how these technologiescould change the world, as well astheir benefits and challenges.It also offers guidelines to helpleaders from businesses andother institutions to respondto such challenges.

dataline 16 (2013)

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