THE Department of Trade and Industry (DTI) said it will prioritize the food, agri-marine, services, and industrial sectors in a program that hopes to boost exports by small firms.
The so-called RIPPLES program (Regional Interactive Platform for the Philippine Exporters) has aided 408 exporters via 33 marketing campaigns, the DTI’s Export Marketing Bureau (EMB) said.
In 2018, the EMB said RIPPLES will be more focused on aiding the sectors listed above.
“Our participation in the various exhibitions and fairs allowed us to open new markets and new opportunities. Orders have increased from Manila- and Cebu-based exporters,” it said.
RIPPLES is intended to expand the base of internationally competitive Philippine exporters of products and services.
The program provides training and capacity-building; marketing and promotion; support for innovation through product development and design; and access to markets through mutual recognition agreements (MRAs) and certifications.
In 2017, merchandise exports rose 9.5%. Total goods exports amounted to $62.87 billion, with growth in non-electronic products reflecting the governments efforts to diversify its export products. — Janina C. Lim