Sun.Star Cebu

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. /

Newspapers in English

Newspapers from Philippines