The government will soon provide comprehensive industry and firm level interventions to help increase the country’s export volume under its new Philippine Export Development Plan (PEDP) 2023-2028. Know more:
THE government will soon provide comprehensive industry and firm level interventions to help increase the country’s export volume under its new Philippine Export Development Plan 2023-2028.
To help increase merchandise exports, the PEDP aims to help address industry production constraints; develop a strong innovative export ecosystem; and increase the Philippines’s export “mindshare” or brand recognition in the global market. Among the interventions to be extended by the government to the said establishments are consulting services as well as access to technology and potential buyers from abroad.
Pascual explained breakers are establishments, which have “broken into the international market” and are already exporting in sizable volume; thus, they need less support from the government.
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