The onset of President Fer-dinand Marcos Jr.’s admin-istration in June 2022 hasbrought renewed hope fora country just beginningto stem the tide of the Pandemic andeager to get back to work.By fosteringcoordination between government agenciesand departments and aligning efforts to a com-mon goal, the nation has begun what is clearlya new wave of change, growth, and econom-ic prosperity that will renew hope in the sec-tors most hit by the Pandemic, and which willguarantee the place of the Philippines as a keyplayer in global commerce, tourism, and trade.Recently ratified by the Senate of the RegionalComprehensive Economic Partnership, a par-amount Free Trade Agreement that includesAsean countries as well as China, Japan, Korea,Australia, and New Zealand, the Philippineshas set off its economic transformation with atremendous success.

A key player in this transformation is the Department of Trade and Industry, which justrolled out a new Development Plan for thePhilippines, a unique opportunity for fosteringgrowth in the country which is already makinggreat strides. According to Secretary AlfredoPascual, the Department is also directing its ef-forts towards the creative industries, securing aplace for Filipino traditional handicraft, but alsogame design and animation, in the modern mar-ket, and is in talks with the EU for expandingits current trade agreement. “Development onlyworks if all sectors grow together”, adds the Sec-retary, “and so as we take care of exports, wemust also take care of food security, for example,and so we are nowpresenting a three-year food-logisticsaction plan to thegovernment”