Dataline 24 (2012) by Department of Trade and Industry

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November 19, 2012 1

November 19, 2012 Vol. 16, No. 24

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A bi-monthly digest of global and domestic industry trends and developments. Published by the Trade and Industry Information Center, Department of Trade and Industry  Manila, Philippines Tel. (632) 895.3611  Fax (632) 895.6487  To subscribe, email: publications@dti.gov.ph Online: http://www.dti.gov.ph

In this issue Focus PHL exports top regional performers Inside DTI 1. DTI launches CRM system 2. IPOPHL introduces manual on prosecution of IP cases Good News, Philippines! 1. Aussie companies commit USD 1.5-B investments 2. Moody's upgrades PHL rating 3. Exports grow 7.7% in H1 MSME/OTOP News 1. Aklan pushes new products for global market 2. German-funded green development project to replace SMEDSEP 3. PHL ranks 4th in microfinance report

Consumer News 1. DTI objects total ban on breastmilk substitute 2. DOLE, partner agencies to ensure construction workers’ safety 3. DTI heightens safety campaign on Christmas lights, decors 4. DTI grants ISO 17025 to SWCTL 5. Cops go after counterfeit sinigang mix 6. Prices of local candles down 18% 7. DTI warns public on substandard angle bars Features DTI assists 8,000 Pinoy exporters in DBFTA info campaign ASEAN Watch 1. Japan firms relocating to PHL 2. PHL seen on track with ASEAN integration

Business Alert 1. DOF, BOI limit incentives entitlement Statwatch 2. LGUs to do better in business processing What’s New? 3. Coffee board projects 25-% rise in demand 4. BPOs eye Bangsamoro

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Focus PHL exports top regional performers

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hilippine exports rose by 22.8% to USD 4.8B in September this year from USD 3.9B recorded in the same period last year, topping other countries in the Southeast region that posted positive exports growth in the same month. On a monthly basis, Philippine exports grew by 26% from the estimated USD 3.8B in August. The total volume of outbound shipments in September increased by 47.3% year-on-year. It was also up by 152.6% from that of the previous month. Likewise, cumulative merchandise exports in the first nine months of 2012 grew by 7.2% to USD 40.1B from USD 37.4B posted in the same period last year. The increase in the value of shipments of commodities such as tuna, metal components, fresh bananas, woodcrafts and furniture, ignition wiring set and other wiring sets used in vehicles, aircrafts and ships, petroleum products, coconut

Inside DTI 1. DTI launches CRM system

he Department of Trade Industry (DTI), through the Trade and Industry Information Center (TIIC) and the Bureau of Trade Regulation and Consumer Protection (BTRCP), organized the DTI-Customer Relationship Management (CRM) System Users’ Training last October 15-26, 2012 at the Berjaya Hotel in Makati City. A total of 105 participants divided into four batches attended the said training. The CRM, which is part of the DTI’s Information System Strategic Plan

oil, and electronic products largely accounted for the growth. Japan was again the country’s top exports destination, accounting for 30.8% of total export receipts, followed by the United States (U.S.) with 12.6% share; China, 11.1%; Hong Kong, 7.5%; and Singapore, 7.1%. Department of Trade and Industry-Bureau of Export Trade Promotion (DTI-BETP) Director Senen M. Perlada expressed optimism that Filipino exporters would attain their target “to double total exports to USD 100B by 2016.” (PDI 11/13)

Top regional export performance September 2012 (In % growth) Country

Growth

Philippines Hong Kong Viet Nam Taiwan China Thailand

22.8 15.8 15.6 10.4 9.9 0.2

(ISSP), features client information and query/complaint history records, chronology of actions taken for each record, complaint forwarding to the proper office, alert on pending and unresolved cases, and complaint status and ageing. DTI’s regional and provincial offices and DTI Direct Call Center and Public Assistance Desk (PAD) agents started using the system last November 05, 2012. On its first week, the CRM already kept 936 records of queries made through the DTI Direct and PAD and 74 complaints nationwide.

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2. IPOPHL introduces manual on prosecution of IP cases

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he Department of Trade and Industry-Intellectual Property Office of the Philippines (DTI-IPOPHL) launched recently the Manual for the Investigation and Prosecution of Intellectual Property (IP) Cases to boost the capabilities of law enforcers and prosecutors in handling IP cases. The IPOPHL, together with the members of National Committee on Intellectual Property Rights (NCIPR), came up with the manual to solve the issues often encountered by law enforcement agencies and state prosecutors such as weak build-up of IP cases, lack of proper identification of forgers, and other factors that lead to case dismissal in courts. Likewise, the manual will provide standard procedural guidelines for the law enforcers and prosecutors who handle cases of IP infringement, counterfeiting, and piracy. It will also help the general public, media, academe, and other stakeholders in understanding the IP

Good News, Philippines! 1. Aussie companies commit USD 1.5-B investments

ome USD 1.5B worth of investments are expected from five Australian companies that committed to expand operations in the country. Department of Trade and Industry (DTI) Undersecretary for Trade and Investments Promotion Group (TIPG) Cristino L. Panlilio said these investments have been committed by Macquarie Infrastructure and Real Asset, Melco Crown of Australia, AG&P, Austal, and Telstra. Panlilio said Macquarie has committed USD 600M for infrastructure projects in the country under the government’s public-

rights and the procedures as it serves as a comprehensive resource of IP issues. With the manual for law enforcers in place, IPOPHL Director General Ricardo R. Blancaflor said NCIPR members would strengthen its efforts in enforcing the IP law. The total value of confiscated goods by the NCIPR from January to September 2012 reached P4.1B, 17.5% lower than the P5B in the same period last year. Blancaflor seeks for stiffer penalties against IP infringers, as he cited the country’s lenient IP laws as a problem in prosecution and conviction of violators. In the current setup, suspected IP violators can post bail for their first offense, which is punishable by only up to three years imprisonment and a fine ranging from P50,000 to P150,000. In some cases, suspects under bail escape the country and do not face their cases filed before the court.

private partnership (PPP) program. It has partnered with the state-owned pension fund manager Government Service Insurance System (GSIS). The joint venture has expressed interest to fund the construction of the Ninoy Aquino International Airport (NAIA) Expressway. On the other hand, Melco Crown partnered with the SM Group and has committed to invest USD 600M for a tourism project at the Philippine Amusement and Gaming Corp. (PAGCOR) Entertainment City in Pasay City. Meanwhile, industrial engineering firm AG & P has bagged an initial contract of USD 200M

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for the assembly and processing of steel materials for the construction of liquefied natural gas (LNG) facilities in Australia. Panlilio explained that Australia has USD 10B to USD 20B worth of LNG and compressed natural gas (CNG) projects in the pipeline in the next five years as the use of natural gas is expected to prevail globally. Oceania Gold is also investing an additional USD 40M for its Nueva Ecija gold mining operation.

2. Moody's upgrades PHL rating

oody’s Investors Service has upgraded the Philippines’ credit rating, noting improvements in the economy and the country’s medium- and longterm growth prospects. The rating was raised to Ba1 from Ba2 with a stable outlook, one notch below the investment grade that could be achieved ahead of the government’s 2016 target.

3. Exports grow 7.7% in H1

he country’s export earnings in the first semester of 2012 grew by 7.7% to USD 26.75B from USD 24.84B during the same period last year. The National Statistics Office (NSO) reported that electronic products continued to be the top earner in the first semester of the year with 45.4% of the total exports.

(MAB 10/23)

Austal, one of Australia’s biggest shipbuilder, is pouring USD 10M more for its shipbuilding operation in Balamban, Cebu where the company is expected to hire additional 1,000 workers. Telstra, the world’s seventh biggest telecommunications firm, did not commit as to how much it could invest but said it would put up a direct business process outsourcing (BPO) operations here that would ramp up its manpower to 10,000 from its current 6,000 employee operations under a subcontracting scheme.

Moody’s move aligned its rating for the country with the BB+ both held by Fitch Ratings and Standard & Poor’s. The last time the Philippines was rated one notch below investment grade by all three debt watchers was in 2002. (BWD 10/29)

PHL’s Top 10 export earners in H1 2012 Products

Electronics Woodcrafts and furniture Articles of apparel and accessories Ignition wiring sets Metal components Coconut oil Gold Fresh bananas Petroleum products

Amount (in USD M) 12,145.0 977.16 921.07 709 642.73 536.82 274.49 271.83 208.82

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MSME/OTOP News 1. Aklan pushes new products for global market

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klan-based producers are now developing new indigenous products and designs for the global markets as they introduced 25 new product designs to existing and new buyers at the Aklan Product Expo 2012 at SM City Iloilo from October 22-28, 2012. Participated by a total of 31 Aklan micro, small, and medium enterprises (MSMEs), the expo resulted in 15 new market linkages with buyers outside Aklan. Department of Trade and Industry (DTI)-Aklan Provincial Director Diosdado P. Cadena Jr. said the new products highlight innovative

2. German-funded green development project to replace SMEDSEP

he German Agency for International Cooperation or the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) will undertake a green development program to replace the Private Sector Participation-Small and Medium Enterprises Development for Sustainable Employment Program (PSP-SMEDSEP) that is going to end this year. PSP-SMEDSEP Program Manager Volker Steigerwald said the nine-year collaboration between the Department of Trade and Industry (DTI) and the GIZ has been very successful. “The program achieved its goal to make the policies and regulations of GIZ’s local government partners responsive to business needs,” Steigerwald said. Subject cities like Cebu, Ormoc, Bacolod, and Iloilo have improved their responsiveness rating to 28% from 8% based on competitiveness surveys conducted by independent groups, he said. The agency will start implementing next year a three-year program

and enhanced fashion wearables and housewares. Showcased products included enhanced fashion wearables such as piña and abaca blouses, tops and scarves, macramé tabletops, tote bags, and flower bouquets made of colorful abaca and raffia materials. Nito and bamboo housewares, furnishings, and processed food were also available at the display site. Cadena said this year’s product exposition targeted P4M in sales over the 2011 performance of P3.85M. focusing on greening micro, small, and medium enterprise (MSME) operations to bring about not only resource conservation but also improved competitiveness. GIZ will focus on Cebu and Bohol initially, with special emphasis on tourism. He estimated the program’s budget for the three-year pilot stage to reach €3M. A key result of the GIZ-supported PSP-SMEDSEP was streamlining the business permit and licensing system (BPLS) and reducing costs in 124 local governments in the Visayas. The Department of the Interior and Local Government (DILG), Home Development Mutual Fund (Pag-ibig), Bureau of Internal Revenue (BIR), and Social Security System (SSS) have adopted the improved BPLS form for registration purposes, said GIZ Visayas Coordinator Elpe Canoog. Total GIZ funding for the three-phase program reached €14.5M, said Steigerwald.

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GIZ Regional Director for the Philippines and the Pacific Robert Kressirer attributed the

3. PHL ranks 4th in microfinance report

he Philippines ranked fourth out of 55 countries in an annual global survey on microfinance business environment conducted in the 12 months ending in June, the Economist Intelligence Unit's (EIU) reported. The report said the country scored 63.3 points, up by 4.8 points, or two notches higher compared with last year's Global Microscope on the Microfinance Business Environment report. EIU said the The Microscope 2012 survey rankings were based on regulatory framework and practices, in which the Philippines was placed

Business Alert 1. DOF, BOI limit incentives entitlement

he Department of Finance (DOF) and the Board of Investments (BOI) have sought to limit the total period of incentives entitlement to a maximum of 25 years to level the grant of tax and fiscal incentives to all investors regardless of location and classification. On the documents presented to the country’s investment promotion agencies (IPAs), both agencies moved to grant exporters similar incentive package. They are working to come up with a common position for the proposed Rationalization of Fiscal Incentives bill in the Congress. Under the proposal, export enterprises in the economic zones would avail themselves a six-year income tax holiday (ITH) and 5% tax on gross income earned (GIE)

2. LGUs to do better in business processing

he government has encouraged local government units (LGUs) to do better in doing business, noting the country’s slippage in the World Bank (WB)

program's success to the strong partnership with the DTI. (BWD 10/25)

on top along with Peru; and the supporting institutional framework, wherein the country ranked 15 along with Brazil, Nicaragua, and Uruguay. (MAB 10/26)

The Microscope 2012 Top 10 countries in microfinance business environment Rank 1 2 3 4 5 6 7 8 9 9

Country Peru Bolivia Pakistan Philippines Kenya El Salvador Colombia Cambodia Mexico Panama

for the remaining 19 years or a straight 5% for 25 years, while export enterprises outside the ecozones have the option to avail six years ITH and 15-% corporate income tax (CIT) for the remaining 19 years or a straight CIT for 25 years. The domestic-oriented enterprises were given options of six years of ITH or three-year ITH and thereafter avail themselves of a 15-% CIT for 12 years. The incentive package is eyed especially for strategic projects and those locating in least developed areas. This aims to simplify the incentives scheme and harmonize all the incentive perks granted by the various IPAs, which were created under special laws.

and the International Finance Corp. (IFC) global ranking. “Certainly, it is a call for the LGUs to improve their services in the

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procurement of various permits that are required to start a business,” Presidential Spokesperson Edwin Lacierda said referring mostly to requirements procured at the LGU level. Lacierda, nonetheless, said national and local government offices have always been in the process

3. Coffee board projects 25-% rise in demand

he Philippine Coffee Board Inc. (PCBI) has projected a 25-% increase in demand for coffee or 100,000 metric tons (MT) green bean equivalent (GBE) this year from 75,000MT recorded two years ago. PCBI said the increase would be fuelled by the rising demand in instant coffee and mixes, which become staple drinks of the 24/7 workforce.

4. BPOs eye Bangsamoro

Consumer News 1. DTI objects total ban on breastmilk substitute

of improving services. The government has created one-stop shops for businesspeople where they can register their business name (BN) with the Department of Trade and Industry (DTI) and secure taxpayer identification number (TIN) and Social Security System (SSS) number. (MAL 10/24)

It said the demand for roast and ground coffee can also increase by 5% annually or 5,000MT. “We are presently working together with the National Competitiveness Council (NCC) to draft a roadmap so we can be competitive in coffee again,” PCBI Chairman Nicholas A. Matti said. (MAL 10/26)

Technology Solutions International, Inc. (DTSI) Group President and Chief Executive Officer (CEO) Miguel C. Garcia said.

“First, it will enhance the Philippine brand in general. Second, the Bangsamoro region can potentially offer a new talent pool to support industry growth ,” Diversified

Garcia said with increased investments in educational and communication infrastructure, the Bangsamoro region could eventually become an important information technology (IT) BPO hub. (MST 10/23)

he Bangsamoro has the potential to attract business process outsourcing (BPO) investments that can help sustain the industry’s growth.

he Department of Trade and Industry (DTI) has opposed legislative measures that totally ban breast milk substitutes’ advertisement. “We believe that such prohibition may result in infringement of the fundamental rights of consumers, particularly lactating mothers, to information and freedom of choice,” DTI Undersecretary for Consumer Welfare and Business Regulation Group (CWBRG) Zenaida C. Maglaya said.

The DTI quoted a Supreme Court (SC) decision on the constitutionality of the Revised Implementing Rules and Regulations of Executive Order No. 51 of the Milk Code, wherein it declared the prohibition null and void being a contravention of the law. “The court pointed out that the national policy of protection, promotion, and support of breastfeeding cannot automatically be equated with a total ban on advertising for breast milk substitute,” DTI said.

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The proposal widens the ban coverage of milk advertisement for young children from 0-36 months or even 0-24months. This goes beyond the World Health Organization’s (WHO) International Code of Marketing of Breastmilk Substitutes and National Milk Code of 1986, which requires that the prohibition applies only to infants 0-6 months old.

3. DTI heightens safety campaign on Christmas lights, decor

he Department of Trade and Industry (DTI) is encouraging consumers to be more vigilant as the Department intensifies the monitoring of Christmas lights and decorations. “We have started monitoring the stores as early as October but our monitoring will be more intensified by November onwards as this is the time when Christmas decorations are in high demand,” DTI-Davao Director Marizon S. Loreto said.

4. DTI grants ISO 17025 to SWCTL

he Department of Trade and Industry-Philippine Accreditation Office (DTI-PAO) has granted Internatinal Organization for Standardization (ISO) 17025 to Sycwin Wire & Cable Technical Laboratory (SWCTL) of Sycwin Coating & Wires, Inc. The SWCTL is the first and only electric wire and cable manufacturer’s testing laboratory in the Philippines to have been

5. Cops go after counterfeit sinigang mix

he Philippine National PoliceCriminal Investigation and Detection Group (PNP-CIDG) has seized counterfeit food seasoning and meal flavoring products worth P3.5M in separate raids in Manila, Caloocan City, and Quezon City last month.

Led by CIDG Anti-Fraud and Commercial Crime Division (AFCCD) Supt. Benjamin C. Acorda

“The aim of the WHO is to contribute to the provision of safe and adequate nutrition for infants by the promotion of breastfeeding and ensuring the proper use of breast milk substitutes, when these are necessary, accompanied by adequate information and through appropriate marketing and distribution,” DTI said.

Loreto said DTI inspectors do not solely focus on the International Commodity Clearance (ICC) stickers but also on other aspects of the goods that will ensure their quality. “We need more partners from the private sector with heightened awareness and consciousness of consumer rights so they will be able to tell the business about possible violations,” Loreto added.

granted the ISO 17025 which recognizes the firm as a third party wire and cable testing laboratory. The awarding was attended by DTI-PAO Director Jaime L. Olmos and SWCTL President and General Manager Michael T. Sy. Currently, the SWCTL has two ISO Certifications namely ISO 9001:2008 and ISO 14001:2004.

Jr., the raiding team confiscated 324,933 packs of fake Maggi Magic Sarap products of Nestlé Philippines and 181,459 pieces of Knorr Sinigang mix products of Unilever Philippines. The confiscated products were then stored in a third-party bonded warehouse in Parañaque City for temporary safekeeping.

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Acorda said the owners of the raided establishments would be charged with violation of Republic Act

6. Prices of local candles down 18%

7. DTI warns public on substandard angle bars

he Department of Trade and Industry (DTI) said prices of locally manufactured candles have declined by as much as 18% compared to last year.

The DTI is monitoring only the prices of the ordinary white candles. Colored and other scented candles, most of these imported are not under DTI.

“There is enough supply and the monitored prices are much lower than the suggested retail prices (SRP) ,” said DTI-Bureau of Trade Regulation and Consumer Protection (BTRCP) Director Victorio Mario A. Dimagiba, assuring that the supplies would not run short.

There are only three big candle manufacturers in the country, which are: Sevilla Candle Manufacturing Inc., Manila Wax Commercial, and Waxman.

he Department of Trade and Industry (DTI) warned the public from buying substandard angle bars after the recent confiscation of some 500 tons angle bars worth P18M in Angeles City, Pampanga. Angeles City Police Chief Senior Supt. Rodolfo S. Recomono Jr. said they raided the PCA Steel Trading Warehouse where they arrested Wen Shinong alias Jimmy Wu Ji Bai or Piaka and Jao Zhi Hong alias Benjie.

Features DTI assists 8,000 Pinoy exporters in DBFTA info campaign

No. 8293 or the Intellectual Property Code of the Philippines. (PDI 10/26)

ome 8,123 exporters and would-be exporters were made aware of the benefits of the existing free trade agreements (FTAs) the Philippines has with other countries. The Department of Trade and Industry’s (DTI) “Doing Business in Free Trade Areas” (DBFTA) information campaign aims to show local manufacturers how they can facilitate their products’ access into the Philippines' FTA partner countries and how they can take advantage of lower (and even zero) tariffs on the goods they export. “The Philippines engages in trade agreements to maintain its

Substandard construction materials pose dangers to the lives and property, DTI-3 Regional Director Blesila A. Lantayona said. “The public should always be on the lookout for the products they are buying. There is a proliferation of substandard angle bars as proven in the recent raid conducted by the operatives,” said Lantayona.

competitiveness in the region, promote cross-border trade, sustain the inflow of intra-region and foreign investments, and promote mutual support on issues of common interest,” DTI-Bureau of Export Trade Promotion (BETP) Director Senen M. Perlada said. By far, the DTI has conducted 95 DBFTA information sessions with 4,330 local companies this year. Exporters who attended the sessions said it helped them secure a better understanding of trade standards and protocol, including product design preferences of the consumers in each of the FTAs they do business with.

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ASEAN Watch 1. Japan firms relocating to PHL

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growing number of Japanese manufacturers currently operating in China are relocating or planning to relocate to the Philippines. “Some of them are either expanding their Asian manufacturing operations aside from their existing locations in China, while others intimated that they are pulling completely out of China and mulling the Philippines as their primary target for relocation,” said Bank of the Philippine Islands (BPI) Executive Vice President and Corporate Banking Group Head Alfonso L. Salcedo Jr. The Japanese manufacturers/ locators said Chinese labor is becoming expensive in terms of wages and training costs. (TPS 10/26)

2. PHL seen on track with ASEAN integration

he Philippines is on track with efforts to integrate its economy with those of the other member-nations of the Association of Southeast Asian Nations (ASEAN), but it must prepare for tighter competition in trade and finance starting 2015, experts said at the Punongbayan & Araullo Chief Executive Officer (CEO) Business Forum in Makati City. Although the country’s compliance with integration targets through policies and tariff rules slowed to 74% in the 2010 to 2011 review period from 94.55% in 2008 to 2009, the country is still “on track” and can play a key role in seamless regional trade, travel, and banking, ASEAN Deputy Secretary General Dr. Lim Hong Hin said. “In the past, the Philippines has been considered as one of the developmentally challenged economies in Asia. It’s good that we

STATWATCH USD 26.75B Country’s export earnings in the H1 of 2012 vs.

USD 24.84B in H1 of 2011

USD 4.8B Rise of PHL exports in September 2012 vs. USD 3.9B in 2011

P4.1B Total value of confiscated goods by the National Committee on Intellectual Property Rights (NCIPR) from January to September 2012 vs. P5B in 2011

USD 1.5B

Total worth of investments expected from five Australian companies

100,000 metric tons (MT) green bean equivalent (GBE) projected increase in coffee demand this year from 75,000MT

18% Price decline of locally manufactured candles

€14.5M Total GIZ funding for the three-phase Private Sector Participation-Small and Medium Enterprises Development for Sustainable Employment Program (PSP-SMEDSEP)

4th PHL ranking out of 55 countries in an annual global survey on microfinance business environment

8,123 Number of exporters and would-be exporters made aware of the free trade agreements’ (FTAs) benefits

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2. ASEAN wants larger trade

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are seeing a change in perception and the Philippine government is right on track in introducing the right policy and to go through the process to

make sure that whatever policy gets introduced, the key beneficiary is the private sector and the people,” Hin said. (PDI 10/24)

Japan, Korea, India, Australia, and New Zealand by the yearend,” ASEAN Deputy Secretary-General Lim Hong Hin said.

he Association of Southeast Asian Nations (ASEAN) is pushing for a broader economic partnership with six other countries to create the biggest free trade area (FTA) in the world. “In support of greater integration with the global economy, ASEAN countries are actively working to launch the start of negotiations for the Regional Comprehensive Economic Partnership (RCEP) with China,

What’s New? (A synopsis of selected book acquisitions at the DTI-TIIC library)

Title: Nature or Nurture? Decoding the DNA of the Entrepreneur

Publisher : Ernst & Young Call Number : 06.08/ERN/2011 This report provides some insights into the minds of today’s most successful entrepreneurial leaders and discerns what makes them successful. It provides key findings which, basically, are as follows: that, entrepreneurial leaders are made,

Hin said compared with the Trans-Pacific Partnership, RCEP would be more feasible and realistic. Once completed, it will be the largest FTA in the world, Hin said, adding ASEAN alone is comprised of about 600M people. (PDI 10/24)

not born; entrepreneurship is rarely a one-off decision; funding, people, and know-how are the biggest barriers to entrepreneurial success; entrepreneurs share common traits; and traditional companies can learn from entrepreneurial leaders. It concludes with a model that describes the core of an entrepreneurial leader, which represents both the intrinsic and extrinsic characteristics of their mindset and abilities. The report also features perspectives from a survey of 685 entrepreneurial business leaders from around the world and is informed by a series of in-depth interviews with Ernst & Young Entrepreneur of the Year Award winners.

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Publisher : World Trade Organization (WTO) Call Number : 45 000/06.07.03/ WTO/2011 Starting with demand, this publication describes how a changing economic environment has contributed to the phenomenon

Legend: BWD MAB MAL MST PDI

- Busimess World - Manila Bulletin - Malaya - Manila Standard - Philippine Daily Inquirer

of global production. Infrastructure services, tariffs, foreign direct investment, cheaper technology, and lower transportation costs have all affected the trading environment and the international exchange of goods, fostering increased market access, amplifying cross-border links between companies and causing trade in intermediate goods to increase. This book considers the effect of these factors on international production networks, with a particular focus on “Factory Asia”. It also shows how the development and evolution of these production networks has promoted economic growth and employment in Asia.

Philippine Postal Permit No. PM-04-08

Title : Trade Patterns and Global Value Chains in East Asia: From Trade in Goods to Trade in Tasks

Editor-in-Chief: Anne L. Sevilla Managing Editor: Vic S. Soriano Associate Editor: Resty P. Par Writers: Jam A. Hourani, Elaine M. Lazaro, Emman R. Caleon Design/Layout: Ren C. NeneriaCirculation: Myrna V. delos Reyes To subscribe, email: publications@dti.gov.ph