dataline 19 (2013)

dataline September 23, 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

September 23, 2013Vol. 17, No. 19

In this issue

FocusPHL seen as one of 2013’s worldgrowth engines

Inside DTI

1. DTI’s national food fairgenerates P13.8M

2. DTI goes to Bali for APEC-WEF

Good News, Philippines!

1. Economists upgrade PHL 2013growth forecasts

2. Manufacturing rebound seenas good sign of economic rebalancing

3. Rebound seen for PHL exports sector

MSME News1. DTI distributes P42.68M worth of SSFs2. DTI-Caraga launches SME Roving

Academy; PWDs among beneficiaries3. Kahimunan Trade Fair features

MSME products

Business Update1. DTI, FSUU survey Caraga LGUs

to improve BPLS2. DTI urges local makers,

exporters to join Brunei trade activity3. PHL pride to shine in 12th Filipino

Franchise Show

Consumer News1. DTI conducts consumer welfare

seminars in Region 1 schools2. DTI holds Diskwento Caravan

in Typhoon Maring-affected areas3. August inflation lowest in 4 years

FeaturesDTI helps noodle factory

ASEAN Watch1. PHL ‘different’ from troubled

ASEAN peers2. Indonesia offers new businesses

for Filipinos3. Economic growth shifting back

to Asia Pacific4. ASEAN SMEs urged to dabble

in niche industries

Statwatch

What’s New?

Vol. 17, No. 19 2dataline

FocusPHL seen as oneof 2013’s worldgrowth engines

Inside DTI1. DTI’s national food fair

generates P13.8M

The Philippines, along with otherAsian countries, has beenacknowledged as among

the world economy’s growth enginesthis year as the region’s economicoutlook remains favorable comparedto the rest of the world.

A study by CESifo, a joint initiativeof the University of Munich’s Centerfor Economic Studies (CES) andGermany’s Ifo Institute for EconomicResearch, showed that the Philippineeconomy could expand by 6.1%this year.

In contrast, world economic growthis 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 EconomicSurvey (WES) reported.

Businesses in a number of advancedeconomies are still strugglingwith debt, CESifo said. Fiscal risks,it added, remain for the United States(U.S.) and the euro zone.

Amid this cautious view, CESifo citeda sharp increase in the economicclimate indicator for Asia,which it expects to grow by 3.7%this year.

“The economic climate indicatorin Asia continued to rise, reaching

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

“Assessments of both the presenteconomic situation and economicexpectations continued to improve,”it added.

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

“In all of these countries a highlyfavorable economic situation prevails.In all events, economic performanceis expected to improve in mostof these countries over the courseof the next six months,” it said.(BWD 08/15)

World growth enginesCESifo’s World Economic Survey

(WES) May 2013

Country Growth Forecast (in %)China 7.7Indonesia 6.4Philippines 6.1India 5.8Malaysia 5.2Viet Nam 4.8Taiwan 3.6Hong Kong 3.3

The five-day Sikat PinoyNational Food Fair (NFF)generated total sales

of P13.8M, benefitting over 260exhibitors coming from the country’s16 regions.

Cash sales and booked ordersamounted to P9.01M while dealsunder negotiation reached P4.81M,with sales coming mostlyfrom inquiries from importers,wholesalers and traders, and offices.

The top performing regions in termsof cash and booked saleswere Region 3 with P1.45M;Region 4A, P1.33M; and NCR, P1.31M.

“With the huge potential for our foodentrepreneurs to market their productslocally, we are optimisticthat organizing a national food fairwill provide them the opportunityto flourish and eventually markettheir products globally,” Departmentof Trade and Industry (DTI) Tradeand Investment PromotionsGroup (TIPG) UndersecretaryPonciano C. Manalo Jr. said.

The DTI’s Bureau of Domestic Trade(BDT), in cooperation with DTIregional and provincial offices,and the Department of Agriculture(DA) organized the event.


“We have adopted the tagline“Piling-piling Pagkaing Pilipino”to underscore our goal to bringtogether the finest homegrownproducts, regional specialties,and delicacies from 16 regionsof the country in one venue,”Manalo said.

For the side events, BDT successfullyfacilitated cooking demonstrationsand seminars on the following:

• New BIR ruling on the issuanceof invoices and official receipts

• Briefing on the Philippine Foodand Drug Administration (FDA)and the Center for FoodRegulation and Research (CFRR)/Food Safety of ProcessedFood Products

• Food handling and additives• Basics of exporting• Business opportunities

in meat processing.

Cooking demonstrationswere sponsored by the LJCRestaurant Group, Aristocrat/Culinary Institute of Aristocrat,UltimaEntrepinoy, Pan Pacific Manila,and Villa Salud Catering.

La Germania Italia and San MiguelPurefoods provided the cookingmodule for the 4-day cookingdemonstrations.

Some 34,100 buyers visited the eventthat was held last August 21-25, 2013at SM Megatrade Halls 1- 3, Level 5,Building B, SM Megamall,Mandaluyong City.

NFF 2013 Sales breakdown(in Million Pesos)

Total Sales Total * Cash &per Island Booked

Luzon 9.01 7.04Visayas 1.65 1.11Mindanao 3.16 0.86Total 13.82 9.01

* Includes orders under negotiation

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 Sektorng Agrikultura at Pagkain, Inc.(SARAP, Inc.) of Region 4A,generating P142,868.00 in cashsales and booked orders

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

Top 5 best sellers

(in Million Pesos)

1. Snack Foods 4.742. Consolidated Food Products 1.463. Coffee 1.204. Fresh and Processed Fruits

and Vegetables 1.185. Cocoa and Chocolate 1.01

Products


2. DTI goes to Balifor APEC-WEF I

n a move to advance women’srole in the economy,the Department of Trade

and Industry (DTI), together withthe Philippine Commissionon Women (PCW) and the Women’sBusiness Council Philippines, Inc.(#WomenBiz.ph), led the Philippineparticipation to the Asia-PacificEconomic Cooperation-Womenand the Economy Forum (APEC-WEF)that ran from September 6-8, 2013in Bali, Indonesia.

During the said event, APEC member-economies agreed to cooperateand establish programs and policiesthat promote women’s economicempowerment in the region.

Major agreements from APEC-WEF

• Encourage the private sector

to invest in the empowermentof women throughouttheir business operations

• Develop programs and structural

reforms that close the gendertechnology divide

• Foster flexible workplace policies

that enable women to better balancework and family responsibilities

The recommendations are expectedto send a strong signalfrom the business communitythat the economic inclusionof women is critical for businessperformance and economicprosperity.

Asia Foundation’s WomenEmpowerment Program OfficerKate Bollinger commendedthe forum as “an importantopportunity for discussionsand collaboration surroundingmany of the key areasthat continue to constrainwomen in business.”

“This year’s theme of ‘Womenas Economic Drivers’ is indeed

a good sign that women’s issuesare becoming increasinglyprominent,” Bollinger said.

On the Philippine participation,the event served as an avenuefor more productive collaborationamong counterparts. It also servedas a preparation for the country,which will be the next host of theAPEC Women and the EconomySummit in 2015 (APEC-WES).

“As the lead government agencyin the country’s hosting of the APEC-WES in 2015, the DTI has recentlycollaborated with a local women’sprivate sector organization,”DTI Management Services Group(MSG) Undersecretary Nora K.Terrado said.

To oversee all details requiredfor the APEC-WES, a NationalOrganizing Committee (NOC)was established through amemorandum of agreement (MOA)recently signed by the DTI, PCW,and the Women’s Business CouncilPhilippines, Inc.

“This newly formed NOC intendsto increase women’s participationand help drive economic growthin the Asia-Pacific region throughissue and policy dialogues duringthe APEC-WES,” Terrado said.

The combined efforts of the DTI,PCW, and #WomenBiz.ph areexpected to identify and understandissues affecting women’s economicempowerment in the Asia-Pacificregion and formulate strategiesand policy recommendationsto address these issues.

About 800 to 1,000 minister levelofficials and organizations involvedwith women and gender equalityprograms from member-economiesare expected to attend the Summitin 2015.


As the manufacturing industryis regaining its domesticperformance, it was seen

as a good sign of rebalancingthe economic structure, Federationof Philippine Industries (FPI)Director and Industry PolicyCommittee Chairman BobbyBatungbacal said.

Good News,Philippines!1. Economists upgrade

PHL 2013 growthforecasts

The Philippine economyis expected to hit and evenexceed the government’s

growth target for 2013 giventhe strong output in the first halfof the year.

It grew, as measured by grossdomestic product (GDP), by 7.6%as of end-June this year, higherthan year-ago’s 6.4%.

Growth in the second quarterremains robust at 7.5%,which is also similar to thatof China.

The government’s growth targetfor this year is between 6%-7%.

Banco de Oro Unibank (BDO)Chief Market Strategist JonathanRavelas eyes a 7-7.5-% growth.

Relatively, Bank of the PhilippineIslands (BPI) Lead Economistand Assistant Vice PresidentEmilio S. Neri Jr. expects a “slightlybelow 7%” growth for the domesticeconomy this year.

Similarly, Hongkong and ShanghaiBanking Corp. (HSBC) Economist

Trinh Nguyen, in a research note,revised upwards the bank’s growthforecast for the country this yearto 7.1% from 6.4% previously.

Citigroup also revised its 2013 grossdomestic product (GDP) growthforecast to 7.3% from 7% previouslywhile the outlook for 2014 growth wasalso adjusted to 6.9% from 6.8%,based on the latest research writtenby Citi Economist for thePhilippines Jun Trinidad.

Meanwhile, Singapore-based DBShas raised its full-year growth forecastto 7% this year from 6.4%.

DBS said the local economy’s 7.5-%expansion in the second quartershowed its resilience against“significant external headwinds.”

“Notably, the Philippine economyis once again the fastest growingin Southeast Asia. The growthmomentum is likely to be maintainedin the coming quarters amid aconducive domestic economicenvironment,” DBS said. (Zambotimes

08/30, GNP 09/02, TPS 09/04)

2. Manufacturing reboundseen as good signof economic rebalancing

Latest report from the NationalStatistical Coordination Board(NSCB) showed the manufacturingsector has surged 10.3%in the second quarter of 2013from 4.3% in the same quarterin 2012.

Expanding industry groups

Industry group Q2 2013 growth Q2 2012 growth (in %) (in %)

Basic metal industries 116.3 40Chemical and Chemical Products 82.5 10.8Radio, Television and Communication 12.7 10.5 Equipment and ApparatusFood Manufactures 6.3 5.7


3. Rebound seenfor PHL exports sector

MSME News1. DTI distributes P42.68M

worth of SSFs

Batungbacal added thatthe manufacturing sector’s strongperformance equalizes the economicstructure with service sectorcontributing highest value in the grossdomestic product (GDP).

“When you look into the breakdown,(of the manufacturing sector) it is nowdiverse. In the past, the growth wascoming from semiconductors

but now we are seeing otherindustries,” he said.

He also said the trend in the localmanufacturing sector,which is constant within the pastthree quarters, is an effectof the internal strength in the countryand relative weakness of othernations because of higher costand less stable economy. (PNM 09/04)

Philippine exports have a goodchance of staging a comebackin the second half of 2013

on the back of the expected recoveryof major overseas markets, accordingto First Metro Investment Corp.and University of Asia and the Pacific(FMIC-UA&P) economists.

The economists bank also on thepeso depreciation which is makingexports, other than electronicsexports, more competitive.

“While technical indicators point to acloudy outlook for exports, our outlook

for second half remains cautiouslyoptimistic,” the FMIC-UA&P noted.

However, even with a sluggish globaleconomy, they expect the country’sexport sector to grow 5%-7% this year.

In 2012, exports revenues grew 7.6%to USD 51.99B from previous year’sUSD 48.30B.

In June this year, the value of exportedgoods and services already increasedby 4.1% to USD 4.49B from USD 4.31Bduring the same period last year.(Zambotimes 09/03)

The Department of Tradeand Industry (DTI) distributedsome P42.68M worth of Shared

Service Facilities (SSFs) to 15,197entrepreneurs from January-Julythis year.

The beneficiaries are from 609 mostdisadvantaged municipalitiesin the country engaging in industriesranging from food to handicraft.DTI has set aside P700M for the SSFprogram, with over P600M worthof equipment to be dispensedwithin the year.

Depending on the line of business,the facilities may be variouslyequipped with packaging machines,mechanical driers, industrialweighing scales, noodle makingmachineries, vegetable and meatslicers, metal craft machineries, milkextraction equipment, deep fat friers,

stainless industrial tables, chillers,and freezers.

The SSF is DTI’s a strategiccomplementary project that intendsto achieve inclusive growthas envisioned by the government.

It entails the setting up of commonservice facilities or productioncenters for certain processesto give micro, small, and mediumenterprises (MSMEs) accessto better technology and moresophisticated equipmentto accelerate their bidfor competitiveness.

This is expected to help themgraduate to a next levelwhere they could tap a betterand wider market and be integratedin the global supply chain.


Under this P700-M program, facilitiescan be shared by beneficiariessuch as cooperatives, institutions

Cordillera Administrative Region (CAR) Facility Amount

• Abatan Rural Improvement Vegetable noodle food P885,000

Club (RIC) processing facilities

• Bonglo RIC

• St. Pio Migrants Apostolate Weaving facilities upgrade P1.34M

• Goldfield Weavers Association

• Itogon’s Sitio Upper Goldfield

Weavers Association

• Kabayan Women and Farmers

Development Association, Inc.

Zambales

• Castillejos Vegetable noodle food P247,000

processing facilities

• San Felipe and Cabangan Sweet potato processing P780,000

• Palauig Pastillas processing P407,000

• Olongapo City Tetrapak bags production P314,000

Bohol

• Anda Food processing facilities P29.58M

• Bililihan

• Carmen

• Maribojoc

• Sevilla

• Alburquerque Calamay production facilities

• Jagna

• Dauis Fine jewelry facility

• Catigbian Meat processing facility

• Catigbian Raffia Competitiveness

• Danao and Productivity

• Inabangan Enhancement facilities

• Tubigon

• Loboc Ginger based-products

processing facilities

Misamis Occidental

• Petals Foundation Inc. Abaca and banana chips P584,000

production facility

• Tudela Government Employees Coco coir processing facility P998,000

Organization (TUGEMO)

Some SSFs and recipients

and communities, to help thembecome more competitivein the local and foreign markets.


2. DTI-Caraga launchesSME Roving Academy;PWDs amongbeneficiaries

3. Kahimunan TradeFair featuresMSME products

The Department of Tradeand Industry (DTI) launchedthe SME Roving Academy

in Butuan City in line with the 35th

National Disability Preventionand Rehabilitation (NDPR) Weekcelebration last July.

Part of the launch was a three-segment technology demonstrationand specialized training programs.Some 41 participants including 22persons with disability (PWDs);nine Sangguniang Kabataan (SK)Federation officers; three entrepreneurs;and Department of Social Welfareand Development (DSWD) and DTIemployees took part in the event.

The demonstration was heldin collaboration with DSWD and SanMiguel Mills, Inc. that providedthe materials for the trainings.

The best products of more than30 micro, small, and mediumenterprises (MSMEs)

in Region 10 were promoted in theDepartment of Trade and Industry’s(DTI) Kahimunan Regional TradeFair held in Cagayan de Oroduring the city’s fiesta recently.

Trade trainings and productdevelopment were also conductedin preparation for the eventwhile the Department presentedits Shared Service Facilities (SSFs)Program during the fair.

SME Roving Academy is one of DTI’sflagship programs conceptualizedto be a continuous learning programfor the development of micro, small,and medium enterprises (MSMEs)to become competitive in thedomestic and global markets.

Caraga SME Roving Academy trainings

1. Skills training on baking- Demonstration on baking black

forest bread, cheese stickbread, sweet savory bread,and ube loaf

- Techniques in measuringingredients, dough kneading,and combining differentdough mixtures

2. Product pricing and costing3. 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

The Department of Tradeand Industry (DTI) and FatherSaturnino Urios University

(FSUU) inked a memorandumof agreement (MOA) to conducta validation survey on localgovernment units (LGUs) in Caragaimplementing the streamlinedBusiness Permit and LicensingSystem (BPLS).

The survey of 200 business ownersor employees was conducted

Business Update

1. DTI, FSUU surveyCaraga LGUsto improve BPLS

from July 15-August 15, 2013.It was done together withthe Department of the Interiorand Local Government (DILG)and the Regional CompetitivenessCouncil; and is part of the NationalCompetitiveness Council’s (NCC)nationwide validation project.

Survey results will determine pointsin the system to be enhancedor improved.


2. DTI urges localmakers, exportersto join Brunei tradeactivity

LGUs surveyed

Agusan del Norte

• Butuan City

• Cabadbaran City

• Municipality of Nasipit

Agusan del Sur

• Bayugan City

• Municipality of San Francisco

Surigao del Norte

• Surigao City

• Municipality of Claver

Surigao del Sur

• Bislig City

• Tandag City

• Municipality of Barobo

The Department of Trade andIndustry (DTI) is encouragingthe country’s manufacturers

and exporters to sell their productsin Brunei through a showroom activity.

The showroom will give local playersgood opportunities in the Bruneimarket, Bureau of DomesticTrade (BDT) Director Rhodora M.Leaño said.

It will be held in the PhilippineEmbassy in Bandar Seri Begawan,Brunei Darussalam in the last quarterof 2013.

Leaño noted that the Embassywill be in charge of taking ordersand giving referrals to themanufacturers of the productson display.

Products with huge potentialsin the Brunei market

• Bags

• Custom jewelry

• Fabrics

• Furniture

• Home furnishings

• Semi-precious stones

• Shoes

The Association of FilipinoFranchisers Inc. (AFFI)is recognizing local brands

that continue to create wavesin the international franchise arenathrough a three-day event dubbed“Galing ng Pinoy, the 12th FilipinoFranchise Show,” slated onOctober 4-6, 2013 at the World TradeCenter, Pasay City.

“With at least USD 11B in earnings,Philippine franchising is no lessa major export player. Some of our

3. PHL pride to shinein 12th FilipinoFranchise Show

members have successfullyestablished their brands overseas,paving the way for more players to tryand conquer new markets,” AFFIPresident Armando O. Bartolomesaid. (PDI 08/24)

Local brandsthat have gone global

• Crystal Clear Water

• Fiorgelato

• Lay Bare Waxing

• Potato Corner

Over 200 students from threenational high schoolsin Region 1 have attended

consumer seminars conductedby the Department of Tradeand Industry-1 Consumer WelfareDivision (DTI-1 CWD).

Don Pedro National High Schooland Alaminos National High School

Consumer News1. DTI conducts

consumer welfareseminars in Region 1schools

in Malasiqui and Alaminos,Pangasinan, respectively, and Sta.Maria National High School in Sta.Maria, Ilocos Sur served as venuesfor the seminars.

The seminars aimed to enhancethe students’ knowledgeon consumerism. The topics rangedfrom basic consumer rights


2. DTI holds DiskwentoCaravan in TyphoonMaring-affected areas

3. August inflationlowest in 4 years

and responsibilities to handlingconsumer complaints.

The students were encouragedto initiate consumer welfare projects

and activities in their respectiveschools to share the knowledgethey received.

To help people access cheapergoods, the Departmentof Trade and Industry (DTI)

held Diskwento Caravanin communities affected by the torrentialrains caused by typhoon Maring.

In Caloocan City, about 15manufacturers and suppliers of basicgoods joined the Caravan and offeredat least 10-% discount on their items.

A two-day Caravan was alsoconducted in Balanga City, Bataanon August 29-30, 2013. Bataanwas one of the provinces declaredunder state of calamity.

Meanwhile, DTI-Misamis Orientalheld another Diskwento Caravandubbed “Pre-Fiesta Diskwento:Presyong Panalo para sa MamimilingPilipino” on August 15-16at Magsaysay Park, Divisoria,Cagayan de Oro City.

After the success of the previousCaravan on June 14-15,which generated an aggregateof P318,980 in total sales, exceedingthat of the two previous caravansin 2012, this pre-fiesta DiskwentoCaravan was seen to top all salessince more suppliers committedto participate.

The National Statistics Office(NSO) reported that the Augustinflation rate dropped to 2.1%,

the lowest since August 2009.

The slower increment in the pricesof food, alcohol, and transport easedthe inflation in August, NSO said.

“The inflation turn out for Augustwas within BSP’s forecast rangeand supports our current assessmentof benign inflation,” Bangko Sentralng Pilipinas (BSP) GovernorAmando M. Tetangco Jr. said.

“BSP will, however, continueto closely monitor developments,particularly geopolitical concernsin the Middle East that may impacton the international prices

of commodities as well asdevelopments on the domestic frontthat may raise volatility in domesticprices,” he added. (TPS 09/06)

Consumer Price Commodity Groups

July August (in %) (in %)

Housing, water, 0.6 0.3electricity, gas,and other fuels

Food and 2.3 1.8non-alcoholicbeverages

Alcoholic beverages 31.1 31and tobacco

Transport 1.6 1


The New A.M. Miki Factory,owned by Eleonor Canlas,wanted to continue the legacy

of Lucbanons’ love for noodles,pansit, and the traditional wayof making pansit habhab,which the Quezon provinceis popular for.

Canlas started from having onlya secondhand noodle cuttermachine and made noodles rightfrom her kitchen.

Through the Department of Tradeand Industry’s (DTI) help, sheexplored new noodle variantsand was able to expand her business.

During the recently concluded SikatPinoy National Food Fair (NFF),

FeaturesDTI helpsnoodle factory

Eleanor’s Miki Factory launchedMamita’s Best Oriental CrispyNoodles.

Canlas also shared that her passionfor her business and lovefor noodles made her surviveand succeed.

“With the huge potential for Filipinofood entrepreneurs, we hopeto provide greater access for ourMSMEs, to the point that they will besuccessful enough to eventuallymake it to the international market,”DTI Trade and InvestmentPromotions Group (TIPG)Undersecretary Ponciano C.Manalo Jr. said.

ASEAN Watch1. PHL ‘different’ from

troubled ASEAN peers

The Philippines, SoutheastAsia’s fastest growingeconomy, is distinguished

as different from its regional peersthat are experiencing slowing growth,international reports cited.

“The local economy’s resiliencein the face of external turbulencereinforces our view that thePhilippines is somewhat differentiatedfrom its peers not only by having astructural current-account surplusbut also by having local growthdrivers, mainly public spendingand private investments to lean on.The latter may be traced to localeconomic authorities’ ability to pursueaccommodative policies givena benign inflation outlookand manageable public debt,”Filipino Economists RomeoBernardo and Marie-ChristineTang for New York-based think tankGlobal Source wrote.

In another research, financialservices holding company Credit

Suisse reported that the Philippinesoffers the best macroeconomicforecasts out of the ASEAN-4(with Thailand, Indonesia,and Malaysia) economies.

“While the recent correctionin regional Asean equity marketshas no doubt impactedthe Philippines’ equity markets,with the local equity market correctingby close to 14% in August,it is important to differentiatethe Philippines from the otherAsean-4 countries,” Michael Wanfor Credit Suisse reported.

“The Philippines has severalstrengths relative to its Asian peers.Solid domestic consumptionand investment are likely to supportgrowth in the next three years,”British bank Standard Chartered said,adding that the economy rankedfavorably based on Moody’s ExternalVulnerability Indicator. (PDI 09/03)


3. Economic growthshifting backto Asia Pacific

Indonesia is offering newbusinesses for Filipinosin the construction, transportation,

shipping, and container portand terminal development areas,the Philippine Chamber of Commerceand Industry (PCCI) reported.

PCCI is forming a trade missionto visit Amurang City to conductfeasibility studies on possibleinvestments and to discuss its offerto donate certain city propertyto Filipino investors, PCCI PresidentMiguel B. Varela said.

Businessmen are experiencingthe economic growth shiftingfrom the West back to Asia

and the Pacific.

Ambassador and Asia PacificChamber of Commerce andIndustry (APCCCI) PresidentBenedicto Yujuico said thatin the years 1900 to 2000,the economic shift started to movetoward the West from Asiaas the center of economic gravity.

However, in 2000, the economicgrowth started to return and by 2015,the region is expected to fully recoverwith more than 50% of gross globalproduct set to be produced in Asia.

Malaysia, Taiwan, and Thailandhave lower inflation rateswhile the Philippines is also expectedto ride on as the country postedthe highest growth rate in Asiain the last two years.(sunstar.com.ph 09/05)

The opportunities were conveyedby the Philippine Consul-GeneralJose D.R. Burgos in Manado,Indonesia through Departmentof Foreign Affairs (DFA)International Economic RelationsUndersecretary Laura Q.Del Rosario.

Meanwhile, an Indonesian groupis also looking for investment partnersfor its plans to build a merchantmarine academy. (MAB 09/01)

2. Indonesia offersnew businessesfor Filipinos

P42.68M Worth of SSFs the DTI

awarded from January-July 2013

P13.8M Sales generated

from the Sikat Pinoy NationalFood Fair 2013

P318,980 Sales from Diskwento

Caravan held in Cagayan de Orolast June 2013

34,100 Buyers who visited Sikat

Pinoy National Food Fair 2013

200 High school students

who attended consumer welfareseminars 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

STATWATCH


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 ReyesTo subscribe, email: [email protected]

Entered as Third-Class Mail atthe Makati Central Post Office

under Permit No. PM-04-08

valid until 31 December 2013

Ph

ilip

pin

e P

os

tal

Pe

rmit

No

. P

M-0

4-0

8

Legend:

BMI - Business MIrrorBWD - Business WorldMAB - Manila BulletinGNP - Good News PhilippinesPDI - Philippine Daily InquirerPNM - Positive News MediaTPS - The Philippine Starsunstar.com.phzambotimes

Author : Mycoskie, BlakePublisher : Spiegel & Grau Trade PaperbackCall Number : 06.08/MYC/2012

Contains the story of TOMS,one of the world’s fastest-growingshoe companies, and combinesit with lessons learned from suchother innovative organizations’method. The author presents simplekeys for creating or transforming lifeand business, from discovering corestory to being resourceful withoutresources, and overcoming fearand doubt to incorporating into everyaspect of life. It also gives ideasand practical tips that will inspire,entertain, and challenge everyoneto get started with somethingthat matters. 211p.

(A synopsis of selectedbook acquisitionsat the DTI-TIIC library)

What’s New?Title : StartSomethingthat Matters

Author : Ramberg, J JPublisher : Business PlusCall Number : 06.08/RAM/2012

Contains collection of someof the smartest, most practical piecesof advice, and easy-to-understandbusiness ideas, tips, and hard-earnedinsights for small business ownersculled from years of interviews andresearch done by the author. It is filledwith all the tricks of the trade thatpeople who are in the trenches everyday – people who are doing thethings all small business owners do,such as hiring people, developingpricing schedules, and negotiatingdeals – have created to help themwith these tasks. 185p.

Title : It’s YourBusiness: 183Essential TipsThat WillTransformYour SmallBusiness

dataline 19 (2013)

Documents