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ECONOMY
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Fitch Solutions slashes PH growth rate to 6%
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PHL Exports to Take $300M Hit from COVID19
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Philippine economic growth may hit up to only 6 percent this year as the coronavirus (COVID-19) contagion may curb exports, tourism...
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A disruption of China's supply chains has the potential to cost Philippine manufacturing exports up to $300M according to the United Nations...
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PCCI Urges Passage of CITIRA to Boost MSMEs
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Cashless Payments in PH Grew from 1% to 10% in 2013-2018
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The Philippine Chamber of Commerce and Industry (PCCI) is pressing the Senate to immediately pass the Corporate Income Tax and Incentives...
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A study by the United Nations-based Better Than Cash Alliance showed that use of electronic payment methods in the Philippines had...
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M.I.C.E.
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UFI Releases Global Assessment of COVID-19's Impact on Exhibition Industry
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ICCA Calls for United Response to Meetings Industry Challenges
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With an estimated 23B Euros worth of contracts failing realizations due to cancelled and postponed shows, the UFI has estimated that 14.4B euros (USD16.5B) of economic output have...
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The International Congress and Convention Association (ICCA) has appealed to suppliers and associations to be pragmatic but also share positive messages in these challenging...
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UgoVirtual Event Platform Provides Robust Alternative to Onsite Meetings
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UFI and SISO launch global campaign to support events industry
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UgoVirtual, an online platform is proving to be an effective alternative to onsite events by providing virtual travel and event management/hosting services...
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The UFI and SISO recently launched a campaign called "The Show is Open" in an effort to support exhibitions and organizers during this challenging time for the industry...
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TRADE &
INDUSTRY
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PH Ranks 16th in "trade misinvoicing"
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MinDA to Train Farmers to Increase Milkfish Output
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According to think-tank Global Financial Integrity (GFI), the Philippines ranks 16th place in "trade misinvoicing", the practice of deliberately falsifying...
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The Mindanao Development Authority (MinDA) will train aquaculture farmers to build up milkfish and white shrimp output, with a target of 10,000 offshore fish...
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GDAP Seeks to Localize Computer Graphics Certification
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Rainforest Alliance to Bolster Cocoa Certification
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In a bid to create higher-skilled jobs in the outsourcing industry amid the threat of automation, the Game Developer's Association of the Philippines (GDAP) is...
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The Rainforest Alliance is strengthening its cocoa certification program in order to meeting increasing demand for more ethical and sustainable sourcing.
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TRENDS
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10 Food Trends to Watch for in 2020
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Home Trends for 2020
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Whole Foods put together a list of 2020 food trends based on consumer preferences data, their own product sourcing...
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From a rise in sustainably sourced pieces (vintage quilts and upcycled plastic art) to a continued focus on clean minimalism...
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An Eco-friendly Leather Revolution
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10 Trends in Digital Marketing in 2020
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Leather production is a booming $80 billion industry. But its use of animal products and harsh chemicals makes leather problematic not only for animal rights...
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In 2020, new technologies and tools will force marketers to adapt in order to keep their brands at the top. AI technology, video, voice search, and interactive...
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Blink to the Future
Take a deeper understanding of the future of global
economy. If you are interested in reading more of
our featured insights, visit our website at: www.citem.gov.ph
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CENTER FOR INTERNATIONAL TRADE
EXPOSITIONS AND MISSIONs
CORPORATE PLANNING DIVISION
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