DTI urges exporters to scale up after Q1 decline

The of Department Trade and Industry (DTI) is urging exporters to “scale up” in an effort to hit the 8-percent to 9-percent growth target this year despite the 8.4-percent decline the first quarter.

There is a need for exporters to “scale up amidst a highly competitive global digital economy through innovations on processes, functionalities, and technologies that will help tap new ventures and markets and substantially integrate into the global value chain,” said Trade Undersecretary Nora Terrado.