Tatak Pinoy protection
The Philippine Star|November 22, 2024
The Department of Trade and Industry (DTI) is the chief implementing agency of the Tatak Pinoy Act, or the Proudly Filipino strategy in achieving the Vision to join the ranks of newly industrialized countries (NIC).
Tatak Pinoy protection

This was declared a policy of the State in Republic Act (RA) 11981 to "encourage, support and promote the production and offering of Philippine products and services.' It has been the long-cherished dream of each sitting president since the 1950s, as each one vowed to reach NIC-hood for the Philippines by the end of his or her term. Ma. Theresa Faustino, acting director of DTI's Bureau of Policy Research and Innovation, recalled the history of the industrialization vision of the country's past leaderships at the Kapihan sa Manila Bay news forum last Wednesday.

Faustino cited NIC-hood policy for the Philippines is now embedded in RA11981. A career executive at the DTI for the past 25 years, Faustino counts upon the Proudly Filipino strategy to finally turn into reality the ultimate dream of NIC-hood for the Philippines.

"It's (Tatak Pinoy) a transformative policy for the Philippines..It is basically a new industrial policy now enshrined in our laws," the DTI official enthused.

The "Tatak Pinoy Act" was signed Tatak Pinoy is a transinto law byfresident formative policy for the Bongbong Marcos Philippines..lt is basitrifsifiszizfsg cany a new industrial rules and regulations Polley now enshrlned ln (IRR) of RA 11981 Our laws, the DTI official came out in May. And enthused. next month, the DTI launches the initial list of locally-produced goods and services that will be given preference in government bid contracts as mandated by the "Tatak Pinoy Act."

Faustino announced DTI "acting" Secretary Ma. Cristina Roque will formally launch on Dec. 4 at Sheraton Hotel the "Tatak Pinoy" list of certified Philippine-made products and services from various industries that will initially benefit from RA 11981. According to Faustino, the government is the biggest source of procurement contracts for office supplies and other products and services.

Bu hikaye The Philippine Star dergisinin November 22, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The Philippine Star dergisinin November 22, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE PHILIPPINE STAR DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Moving stories of 2024
The Philippine Star

Moving stories of 2024

The year 2024 is poised to be another record year post-pandemic for the automotive industry. Sales are estimated to be around 460,000, surpassing last year's 441,000 vehicles sold.

time-read
4 dak  |
December 27, 2024
Philippine Luxury Residences: A Market Defined by Growth and Sustainability
The Philippine Star

Philippine Luxury Residences: A Market Defined by Growth and Sustainability

The Philippine real estate market remained robust in 2024, with the luxury residential segment emerging as a key driver of growth.

time-read
2 dak  |
December 27, 2024
The Philippine Star

Power Sector to See Brighter Days in 2025

Brighter days await the Philippine energy sector, with no power alerts expected in the year ahead amid intensified efforts to strengthen the country's supply, placing renewables at the forefront.

time-read
3 dak  |
December 27, 2024
The Philippine Star

Top 10 energy news of 2024

Here is my list of the most significant power and energy stories for 2024.

time-read
3 dak  |
December 27, 2024
The Philippine Star

DTI exceeds 2024 investment targets

FEARLESS FORECASTS, TOP PERFORMERS, KEY TRENDS

time-read
3 dak  |
December 27, 2024
SM Approaches 2025 With Cautious Optimism
The Philippine Star

SM Approaches 2025 With Cautious Optimism

The SM Group is approaching the coming year with cautious optimism, encouraged by the continued growth of the Philippine economy.

time-read
2 dak  |
December 27, 2024
Ahead of the curve: Top business trends for 2025
The Philippine Star

Ahead of the curve: Top business trends for 2025

Navigate the future with these emerging opportunities

time-read
3 dak  |
December 27, 2024
Freelancing and financial freedom: Boosting the economy one project at a time
The Philippine Star

Freelancing and financial freedom: Boosting the economy one project at a time

The gig economy in the Philippines is a rising giant

time-read
2 dak  |
December 27, 2024
Shop wherever, whenever: The future is e-commerce
The Philippine Star

Shop wherever, whenever: The future is e-commerce

The industry shows tremendous growth in the Philippines

time-read
2 dak  |
December 27, 2024
AI for MSMEs: Looking through changes toward progress
The Philippine Star

AI for MSMEs: Looking through changes toward progress

For smaller businesses, AI poses both opportunities and risks

time-read
2 dak  |
December 27, 2024