Tatak Pinoy to help shield PH from global slowdown

Tatak Pinoy to help shield PH from global slowdown
SunStar Business
Published on

RISKS from a global economic slowdown have been lessened by the institution of the Tatak Pinoy Program, which ensures a national industrialization program that will benefit local businesses.

Department of Economy, Planning and Development (DepDev) Undersecretary Rosemarie Edillon, during a panel discussion at the launching of the Tatak Pinoy Program in Pasay City on Tuesday, Dec. 2, 2025, said DepDev officials were concerned about a 47.7-point drop in the Philippines’ S&P Global Manufacturing Purchasing Managers Index (PMI) for November.

An index of above 50 shows expansion, but numbers below this indicate otherwise.

However, Edillon said the Tatak Pinoy Program, which is a programed under the Tatak Pinoy (Proudly Filipino) Act, or Republic Act 11981, is for the government to prioritize procurement of locally-produced items for its various programs, such as on feeding program, health care, and education.

She said the government “delivers a lot of public goods and services and most of these can make use of locally produced products.”

“And so it doesn’t have to be the case that the exports is down because there’s a global economic slowdown. We are still a big country. We’re 114 million strong. We have 8,000 islands. And you can just imagine the inter-island trading that can happen just in our country alone,” she added.

What has to be done, she said, is to come up with more products that Filipinos really demand and will utilize.

“But, yes, let’s start with government that is doing this for the public,” she said.

Under the Tatak Pinoy Strategy, the country’s first national industrial policy made in line with the Tatak Pinoy Act, measures will be put in place to strengthen key sectors, create jobs, and level up Filipino products and services to global standards.

It has five pillars, namely human resources, infrastructure, technology and innovation, investments, and sound financial management. / PNA

Trending

No stories found.

Just in

No stories found.

Branded Content

No stories found.

Videos

No stories found.
SunStar Publishing Inc.
www.sunstar.com.ph