Exporters urged to join DTI’s Ripples
New and established exporting companies are encouraged to capture more market opportunities by participating in a program of the Department of Trade and Industry that aims at yielding $1 billion incremental export sales by 2022.
Fenina Bonoan, assistant chief of the Export Marketing Bureau’s consumer and industrial division, said the Regional Interactive Platform for Philippine Exporters (Ripples) Plus has been expanded to include 12 priority sectors through the regionalization of innovation centers.
She said the program provides interventions for micro, small and medium enterprises (MSMEs) and large firms through training and capacity building; investment, marketing and promotion; support for innovation, product development and design; and market access facilitation through mutual recognition agreements (MRAs) and certification.
These strategic company-level interventions are aimed to prepare these companies to compete in terms of volume, quality, price, packaging, compliance with market-entry requirements, rules and regulations, design leadership or alignment with current design trends.
When export-ready, these companies are matched with prospective foreign buyers and promoted overseas.
Ripples aims to develop 1,000 tech-enabled companies in five years starting this year until 2022. /