The NIC is enhancing the innovation ecosystem by supporting businesses and programs that introduce new ways to improve government and private sector processes.
The decision is seen as a major advantage for Filipino farmers and exporters, with increased demand and wider entry into one of the world’s largest consumer markets.
The new tariff break from the United States is seen to enhance the appeal of Philippine produce, enabling exporters to expand shipments and secure long-term buyers.
Seller groups said the Trustmark could level the playing field for MSMEs by validating legitimate businesses, but clearer policies are needed to ensure smooth registration and fair implementation.
Entrepreneurs welcomed Bacolod’s early permit processing, saying it helps reduce long queues, encourages timely compliance, and supports better planning for the upcoming business year.