DTI pushes for inclusive, innovation-led growth in ASEAN

DTI pushes for inclusive, innovation-led growth in ASEAN


The Philippines, as one of the founding members of ASEAN, takes pride in hosting this year’s regional meet, which has the theme “Partnering for Change, Engaging the World.” Given that the organization is celebrating its 50th anniversary this year, we are also fortunate that we’ve been provided with an opportunity to strategically champion our advocacies within the region.
 
On top of our agenda is steering the ASEAN to full economic integration through greater trade and investment among our fellow ASEAN Member States.
 
Despite concerns that our country would lose in terms of trade or employment opportunities because of the ASEAN integration, the Philippines is actually well positioned to take advantage of it. Among our country’s many strengths, we have our robust economic performance, improving competitiveness, and a huge supply of English-speaking workforce.
 
The integration will likewise provide an opportunity for Philippine industries and services to become a major player in the ASEAN region, even as it offers a bigger market for Philippine businesses.
 
Through our chairship, we also wish to reach the conclusion for the Regional Comprehensive Economic Partnership (RCEP) that will link the ASEAN–an economic powerhouse with a market of 600 million people–to its six Dialogue Partners. This would create an even bigger market of 3.5 billion people.
 
What does this all mean for the average Filipino? For consumers, this means more variety of goods and services at cheaper prices. For producers, this means cheaper prices of imports–which translates to more competitive prices for their products. For investors, this means having a single production base, even with the ASEAN’s diversity with regard to capital, expertise, labor, and resources.
 
Of course, we cannot forget our micro, small, and medium entrepreneurs (MSMEs), who are at the front and center of our current trade agenda. For them, integration means Philippine products and services having easier access to the larger markets of the ASEAN and RCEP, while also heightening their competitiveness.
 
Yours truly will serve as the chair of the ASEAN Economic Ministers Meeting even as the Department of Trade and Industry (DTI) chairs the ASEAN Committee on Business and Investment Promotion (CBIP). The latter committee will engage the international business community, the government, and other parties, as well as organize business and investment-related activities.
 
Last January 24, DTI officially unveiled business programs and events that will complement the Philippines’ priorities under the AEC pillar. These are regulatory coherence; micro, small, and medium enterprises (MSMEs); innovation; and women and youth.
 
Among the thematic priorities developed by the Philippines for its ASEAN 2017 hosting, DTI’s priority agenda of “inclusive, innovation-led growth” is poised to champion the MSME mandate in the ASEAN through the following strategic measures: (1) increasing trade and investment; (2) integrating MSMEs in the digital economy; and (3) developing an innovation-driven economy.
 
In these endeavors, all of you, our partners, can help the government promote the Philippine hosting of ASEAN, as well as the ASEAN identity, to the greater number of Filipinos.
 
President Rodrigo Roa Duterte officially opens the ASEAN 2017 Business and Investment Program.
 
 
 
As the Philippines chairs the Association of Southeast Asian Nations (ASEAN) 2017 Summit, the Department of Trade and Industry brings forth the ASEAN vision of an inclusive, innovation-driven growth in the region.

Through the following strategic measures: (1) increasing trade and investment; (2) integrating micro, small, and medium enterprises (MSMEs) in the digital economy; and (3) developing an innovation-driven economy, the Philippines is poised to champion the MSME mandate in the ASEAN.

ASEAN continues to be one of the brightest spots for investments as now the 6th largest economy in the world with a combined GDP of about 2.3 trillion dollars. It is projected to be the fourth largest economy by 2050.

WATCH: DTI ASEAN Launch

ASEAN Business Awards 2017

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The ASEAN Business Awards aims to recognize the outstanding ASEAN enterprises in the region. It disseminates information related to the ASEAN Economic Community and to bring the spotlight to the SMEs that have the potential to become global economic players in their respective industries.

For this year, the awards will focus on three main categories: 1) The ASEAN 12 Priority Integration Sectors (fisheries, electronic, E-ASEAN/ICT, textiles, logistics, wood-based, rubber, agri-food, healthcare, tourism, automotive, and retail), 2) the Special Awards (Inclusive Business & Friends of ASEAN) and, 3) The 2017 SMEs Excellence Award (Young Entrepreneur, Women, Women in STEM, and SMEs in the categories of Growth, Corporate Social Responsibility, Employment, and Innovation).

Nominations for the ASEAN Business Awards 2017 will start on March 13, 2017. For all concerns and inquiries, please send to This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it.

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ASEAN 2017: Partnering for Change, Prosperity for All

ASEAN 2017

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Joint Briefing and Planning Meeting on Implementation the ASEAN agenda on Responsible Business

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From left to right: Gil Gonzales, Dr Rene Van Berkel, Diane Foo, Yanti Triwadiantini, H.E. AKP Mochtan, Elaine Tan, Dini Widiastuti, Lauro Punzalan, H.E. Isra Sunthornvut, Thomas Thomas 

Jakarta, 25 November 2016. The ASEAN Business Advisory Council (ASEAN-BAC) involved in “the Joint Briefing and Planning Meeting on Implementation the ASEAN agenda on Responsible Business”, which was held in ASEAN Secretariat in Jakarta, on 24-25 November 2016.

Over the last few decades, the region has made substantial progress in promoting CSR. The Workshop exchanged ideas on the practices and experiences of implementing CSR by various ASEAN entities and stakeholders with the aim to build greater synergy and maximize the full potential of CSR to assist realization of relevant goals under the ASEAN Vision 2025.

The event was organized by ASEAN CSR Network in coordination with the ASEAN Secretariat, and in cooperation with Oxfam and UNIDO. The Workshop was attended by representatives from ASEAN Member States, ASEAN Foundation, ASEAN Inter-Parliamentary Assembly, ASEAN Business Advisory Council, ASEAN Centre for Biodiversity, Oxfam UNIDO and other stakeholders. Mr Gil Gonzales, ASEAN-BAC’s Executive Director ASEAN-BAC served as one of the panelists of the forum. He shared the perspective from the Business.

For further information, please contact:
ASEAN Business Advisory Council Secretariat
Jl. Sisingamangaraja 70 A, Jakarta 12110
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.">This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: +6221 726 2991

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