Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

Exporters urged to focus on products unique to PHL

by
December 29, 2024
in Top News
0
Exporters urged to focus on products unique to PHL
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter
PHILSTAR FILE PHOTO

EXPORTERS are being urged to develop products unique to the Philippines that will open up new Western markets, the Philippine Exporters Confederation, Inc. (Philexport) said.

In a statement over the weekend, Philexport said that Western countries are also looking at the Philippines as a possible gateway to the Association of Southeast Asian Nations.

Philexport Vice-President and Trustee Ferdinand A. Ferrer, Philexport said that Western businesses particularly in North America, Europe, and South America are looking for partners in the Philippines.

“In 2025, what we will do with our exporters is really to align and to match business opportunities with these foreign initiatives and partners that we have,” according to Mr. Ferrer, who is also an executive vice-president of the Philippine Chamber of Commerce and Industry.

“Likewise, they are looking for unique Philippine products to be able to open up new markets within their countries,” he added.

He cited as an example the traditional Batangas folding knife, known as the balisong.

Philexport and other associations are also working on servicing the demand for products and services in each province in Canada, he said.

“Canada (is) willing to train us suppliers for sustainability and compliance. Canada has very strict compliance and sustainability rules. They cannot be made by minors, and should be green type products,” he said.

“Of course we are not yet at that level but there is a program in Canada that will help suppliers reach the level of sustainability compliant with Canada’s rules,” he added.

He said the European Union is also looking for suppliers in Asia and is particularly interested in the Philippines.

“A lot of Europeans want to have manufacturing facilities in the Philippines amid President-elect Donald Trump’s proposed tariffs on all products imported from Canada and Mexico,” he said.

“So (Europeans) can still send products to the US,” he added. — Justine Irish D. Tabile

ShareTweetPin

Related Posts

Have a taste of the perfect day in paradise with SULÀ Spirits
Top News

Have a taste of the perfect day in paradise with SULÀ Spirits

January 8, 2025
First months of 2025 likely rainy amid La Niña conditions, says PAGASA
Top News

First months of 2025 likely rainy amid La Niña conditions, says PAGASA

January 8, 2025
December inflation rises to 2.9%
Top News

December inflation rises to 2.9%

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
Outstanding debt hits fresh high of P16.09T
Top News

Outstanding debt hits fresh high of P16.09T

January 7, 2025
PHL end-December dollar reserves drop to $106.8B
Top News

PHL end-December dollar reserves drop to $106.8B

January 7, 2025
Next Post
Council meeting in first quarter likely to downgrade export goals

Council meeting in first quarter likely to downgrade export goals

Recommended

Private Christian Schools to sue government over VAT plans

Private Christian Schools to sue government over VAT plans

October 9, 2024
The rise of AI-fuelled data centres set to transform UK regions

The rise of AI-fuelled data centres set to transform UK regions

September 22, 2024
When floods trump talks about economic transformation

When floods trump talks about economic transformation

October 24, 2024
Falling oil prices to ease inflation pressure in Philippines

Falling oil prices to ease inflation pressure in Philippines

September 23, 2024
Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

Tariff Tensions Ease, Nasdaq Soars — But is SMH the Emerging Leader?

May 14, 2025
Eala books first win in US Open qualifier

Eala books first win in US Open qualifier

August 21, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editor’s Picks: Is Gold and Silver’s Price Correction Over?

    Editor’s Picks: Is Gold and Silver’s Price Correction Over?

    February 7, 2026
    Beyond the Pilot: Wiring Wall Street’s New Internet

    Beyond the Pilot: Wiring Wall Street’s New Internet

    February 7, 2026
    5 Biggest AI ETFs for Investors in 2026

    5 Biggest AI ETFs for Investors in 2026

    February 6, 2026
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • About us
    • Contact us
    • Home
    • Privacy Policy
    • Suspicious engagement
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved