SUSTAINED CHINESE ARRIVALS: Tour groups in Cebu anticipate strong arrivals from China despite its weaker yuan. Angelita Dy, president of the Cebu Tours and Travel Association, says Cebu’s direct con-nection to China will fuel sustained growth in arrivals. (Sunstar File)
Business
Export: DTI to increase Philippine Halal-certified products
TRADE Secretary Ramon Lopez said the government wants to increase the Philippine Halal products in domestic and export markets to maximize the opportunities of a growing global Halal market amounting to US$2.6 trillion.
On July 3, 2019, the Department of Trade and Industry unveiled the country’s official Halal logo which will be used for Halal products made in the Philippines.
Lopez said with the logo the country’s products can be identified easily by consumers as Halal-certified products.
The Halal market is estimated to reach US$10 trillion by 2025. (PR)