Trade Secretary Alfredo E. Pascual said the recently-launched Philippine Export Development Plan 2023-2028 will focus on empowering local industries, among others, to “flourish” in the global arena. Know more:
Trade Secretary Alfredo E. Pascual said the recently-launched Philippine Export Development Plan 2023-2028 will focus on empowering local industries, among others, to “flourish” in the global arena.
“It’s really more on the focus on industry rather than in the past it has always been macro eh. Eh ngayon tutok tayo sa mga industry levels tsaka yung we’re targeting also yung mga tinatawag na maliliit, hindi man sila malaki pero dapat sila yung idevelop natin, sila yung resource-based natin sila yung agriculture natin na we would like to develop,” the Philexport chief said.
But, most critically, the Trade chief stressed, “we need to attract investments both domestic and foreign” as this is crucial in enhancing, expanding, and diversifying the country’s production capabilities to meet the “discerning needs” of foreign markets and evolving global supply chains.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New 6-year PEDP targets $240 B exports by 2028The 2023-2028 Philippine Export Development Plan (PEDP) 2023-2028, to be unveiled today, June 15, by President Ferdinand R. Marcos Jr., has set an ambitious exports growth target of $240.5 billion over the next six years, driven by the country’s eight major export sectors.
Read more »
PH eyes $240.5B target for exports by 2028The government wants Philippine exports to more than double by 2028 as President Ferdinand Marcos Jr. green-lit the implementation of a new development plan aimed at bolstering local exports.
Read more »
Philippines targets $240.5B in total exports by 2028The government has set an ambitious target to grow the country’s total exports to $240.5 billion come 2028 —the last year of President Ferdinand Marcos Jr.’s term—under a new six-year development plan that aims to transform net importer the Philippines into an "export powerhouse."
Read more »
Marcos lauds Pinoy athletes in 2023 ASEAN Para GamesPresident Ferdinand "Bongbong" Marcos Jr. on Wednesday hailed the Filipino athletes who joined and won in the 2023 ASEAN Para Games held in Cambodia.
Read more »
IFEX 2023 generated $162M in export sales–CITEM exec | Andrea E. San JuanThe 16th International Food Exhibition (IFEX) Philippines, an international food and ingredients trade show, posted a 52-percent increase in export sales of $162 million in actual and negotiated export sales, compared with its 2022 edition, according to the Center for International Trade Expositions and Missions (CITEM). In a news statement…
Read more »
PVL packs 2023 Invitational Conference to 12-hour quadruple-headersThe PVL releases its first 2023 Invitational Conference schedule, featuring a packed two-month run filled with 9:30 am quadruple-header start times.
Read more »