284 0 0 6 min to read

Digital technology, according to an exporters organization, is critical to recovery.

The Philippine export industry is recovering from the effects of the pandemic and is projected to expand further as economies across the world open up and players implement a digitalization and business continuity plan.

During the Pilipinas Conference, held virtually from November 22 to 26, Philippine Exporters Confederation Inc. (Philexport) chair George Barcelon said that lowering the alert levels toward a full re-opening of the economy, as well as expediting the vaccination program, are critical interventions to help achieve our recovery and growth targets.

Exports rose from a 50% drop in April 2020 to an 18% year-on-year increase in September this year, representing the seventh consecutive month of better performance, according to Barcelon.

Electronics, he said, will continue to be the largest dollar earner, with growth drivers including industrial, medical, automotive, and telecom electronics.

With the export business group’s sustained recovery, Barcelon said the Future-Ready (P30) program is being implemented utilizing two strategies: technology and greater collaboration with partners.

The AI-powered Philexport portal, a business continuity plan, The Road to FIRe (Fourth Industrial Revolution) Project, Thematic Clusters, and Export Connect are the five components of the program.

The portal includes, among other things, useful information, business matching, online transactions with Philexport, and promotion and marketing.

Members who don’t have a website or want to increase their virtual presence can utilize the portal as a microsite or a template for their own portal, according to Barcelon.

Barcelon hopes to assist interested members in transitioning to the FIRe through the second component of the P30 program.

“At Philexport, we’ve begun digitizing files and are currently focusing on the construction of technologies to support the site and our online operations.” “We also intend to distribute these templates with our BSOs (business support organizations) and company members,” he said, noting that the business continuity plan addresses both physical and infrastructure issues.

The National Clusters on Resilience, Environment, and Business Sustainability; Productivity and Technology; Marketing and Promotion; and Gender and Labor/Social Compliance, he said, directly involve chapter leaders and members, whose champions will be part of the national clusters.

According to Barcelon, the final component is a cooperation platform since Philexport collaborates closely with government organizations to simplify and inform regulatory requirements.

He said the group’s work with the Executive and Legislative branches of government complements the P30 program and involves outstanding issues such as computerization of documents and processes, more development funds for export promotion, research and development, and technology acquisition, particularly for micro, small and medium businesses, and infrastructure.

Sergio Ortiz-Luis Jr., president of the Employers Confederation of the Philippines (ECOP), said his organization started programs and projects even before the outbreak to help reduce the crisis’ harmful effects, particularly on businesses and workers.

The National Employment Recovery Strategy Task Force, according to Ortiz-Luis, signed the “Reform. Rebound. Recover: 1 Million Jobs (IMJ) for 2021” project.

“The 1MJ intends to quickly source Filipino talent for deployment in the construction, manufacturing, notably semiconductors and electronics, tourism and hospitality, and export industries, all within a policy context that will help create jobs across the country,” he stated at the same event.

Ortiz-Luis, who is also the president of Philexport, said they are always working with the Department of Labor and Employment and the Technical Education and Skills Development Authority to improve skills, especially to meet the expectations of the global digital transition.

“Because micro, small, and medium businesses have been hit the hardest by this pandemic, we’re assisting them in pivoting to industries and platforms that are successfully demonstrating resilience and generating demand,” he said.

He went on to say that ECOP has teamed with other BSOs, such as the Philippine Chamber of Commerce and Industry, to promote innovation and technology as a means of increasing productivity, competitiveness, and business continuity.

QR Code

Save/Share this story with QR CODE


Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

📩 Need to get in touch?

Feel free to Email Us for comments, suggestions, reviews, or anything else.


We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).


AFFILIATE PARTNERS
LiveGood
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.


0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x