Issue of January 6, 2019
     
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2018
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MSMEs told to explore global halal market
by Press release

The government has urged micro, small, and medium enterprises (MSMEs) to take advantage of the huge under-tapped opportunities in the multi-trillion dollar global halal market.

“When you say growing the export, we need to diversify because recent study shows napaka-limited ng spread ng export. On the broader term, I must say that in diversifying export, we need first to look into new sectors like halal products,” Trade Sec. Ramon Lopez said.

Lopez cited Singapore, which is making halal as part of its domestic mainstreaming.

“They are also empowering their manufacturers to have halal-certified products, making them ready for the export market. That is what we have to do. We also have to start increasing awareness on the market and the production of halal-certified products locally to prepare us to export more halal products,” he noted.

The trade chief said once certified, MSMEs can introduce more halal products and services to the market.

“When you say halal, you can also look at not only products (but) even services like tourism and its related services. If it is tourism-related, they are like dollar-revenue generators as well,” he added.

Lopez said the halal market, with an estimated value of $3.2 trillion, remains to be under-tapped.

“Let's increase the marketability of halal products. It is not related to religion. To us, it is a way of life. Halal connotes purity, cleanliness, and high quality process and products, positive attributes that will really popularize the use of halal. That’s on the broad sense of diversifying,” he added.

In terms of manufactured goods, Lopez identified the country’s top 10 exports, which are electronics, machinery and transport equipment, metal components, ignition wiring set, aircrafts and ships or ships-related parts, fresh bananas, cathodes and sections of cathodes, other mineral products, electronics, and gold.

“They are heavily concentrated on these products. What we want is really to diversify and scale up the other sectors and the other products,” he said.

 
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Sagada partners w/ private inns, homestays in info dissemination
   
Cordillera fish production up by 12 percent via aquaculture
   
PDIC raises P72.1 M from sale of assets thru public bidding
   
DOE to oil players: 2nd tranche of excise not for 2018 oil stocks
   
Furniture makers eye local, high-end niche markets abroad
   
Japan remains top ODA source in 2018
   
FEF backs property valuation reforms
   
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BUSINESS
Mayor thanks taxpayers for promptly paying their dues

Sagada partners w/ private inns, homestays in info dissemination

Cordillera fish production up by 12 percent via aquaculture

PDIC raises P72.1 M from sale of assets thru public bidding

DOE to oil players: 2nd tranche of excise not for 2018 oil stocks

Furniture makers eye local, high-end niche markets abroad

Japan remains top ODA source in 2018

FEF backs property valuation reforms

Unemployment rate down by 4 percent – PSA 2018 report

EU limits use of 33 harmful substances in textile trade

Logistics players seek review of accreditation requirements

Solar panels owners told to follow rules to ensure safety


PWU Baguio
Technical Education & Skills Development Authority – CAR
University of Baguio

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Bureau of Fisheries and Aquatic Resources – CAR
Congressman Ronald M. Cosalan
Department of Health – CAR
Grab
John Hay Management Corporation
National Grid Corporation of the Philippines
New Media Services
Pag–IBIG Fund
Pines City Colleges
Sangguniang Panlungsod
SiTEL

ABC360
Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Water District
Choobi Choobi
Congressman Mark O. Go
Councilor Leandro B. Yangot Jr.
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Public Works and Highways – CAR
Department of Science and Technology
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gen. Benjie B. Magalong
GMS Technology
Governor Crescencio C. Pacalso
Maybank
Mayor Mauricio G. Domogan
Mayor Romeo K. Salda
Mother Earth Deli Basket
Nagomi Spa
Narda’s / Sunflower Ridge
NIIT
Northern Luzon School for the Visually Impaired, Inc.
Our Lady of Mt. Carmel Montessori, Inc.
Philex Mining Corporation
Police Regional Office – CAR
Regional Development Council – CAR and National Economic and Development Authority – CAR
Regional Tripartate Wages and Productivity Board – CAR
SN Aboitiz
Tony Boy Tabora
Veterans Bank

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