Definitions
- Economic complexity: measure of productive capabilities based on diversity and exportation of products and services.
- Philippine products and services: include unmanufactured goods, manufactured goods with local content, services, and intangible products such as software.
- Product space: visualization tool for connectedness between products based on required know-how.
- Sophistication: level of technology, competencies, and infrastructure required for production.
- Technology transfer: systematic transfer of knowledge and technology, including intellectual property rights.
Tatak Pinoy Council (TP Council)
- Created with Secretary of Trade and Industry as Chair, Secretaries of NEDA and Finance as Vice-Chairs.
- Includes other government secretaries and four private sector representatives appointed by the President.
- Responsible for formulation, coordination, monitoring, and policy recommendations related to Tatak Pinoy Strategy (TPS).
- Organizes working groups under each pillar to implement and review TPS.
Powers and Functions of TP Council
- Formulate multi-year TPS and guidelines.
- Coordinate plans with government agencies, LGUs, private sector for diversification and sophistication of products.
- Monitor implementation and equitable allocation of public expenditure.
- Propose executive actions and legislative amendments.
- Provide technical support and organize trainings.
- Collaborate on human capital development, R&D, technology transfer, quality assurance, and commercialization.
Secretariat Support
- TP Council Secretariat established within DTI with Executive Director appointed by the President.
- Staff includes project managers for pillars, financial specialists, technical and administrative staff.
- Manages meetings, records, communications, research, policy drafting, and administrative functions.
Tatak Pinoy Strategy (TPS) Formulation
- Designed to expand and diversify domestic production and empower enterprises.
- To be aligned with Philippine Development Plan and Export Development Plan.
- Includes identification of national priorities, strategic goals, and target sectors.
- Must be approved by the President within eight months and reviewed periodically.
Pillars of Tatak Pinoy Strategy
- Human Resources: Develop roadmap for skills development and promote academe-industry linkage.
- Infrastructure: Coordinate with relevant agencies for infrastructure investments prioritizing domestic materials.
- Technology and Innovation: Advance R&D and technology transfer aligned with Philippine Innovation Act.
- Investments: Include Tatak Pinoy projects in Strategic Investment Priority Plan and coordinate investment promotion.
- Sound Financial Management: Ensure inclusion in national fiscal priorities and promote sustainability.
Integration and Local Implementation
- TPS to be incorporated into government sectoral, local plans with guidelines and accountability mechanisms.
- Encourages local adaptation through RDCs, LGUs, and private sector cooperation.
Monitoring, Reporting, and Review
- Annual review and mandatory revision every three years.
- Agencies and stakeholders must submit periodic reports.
- TP Council to submit annual accomplishment report to top government officials and public.
Domestic Preference in Government Procurement
- Ten-year preference for Philippine products/services covered by TPS across all procurement levels.
- Conditions for waiver include insufficient supply, quality issues, or inconsistency with international obligations.
- Post ten years, margin of preference set at minimum 15%, extendable by Congress.
- Non-TPS products governed by existing Government Procurement Reform Act.
Financing and Market Access
- GFIs to provide credit and financing mechanisms including low-interest loans and guarantees to domestic enterprises, especially MSMEs.
- Market access facilitated domestically and internationally with integrated promotion and quality standards.
Streamlining Processes
- Green lanes established in government offices for expedited permits and clearances for Tatak Pinoy investments and exports.
- VAT refund procedures to be streamlined for Tatak Pinoy transactions.
Information Dissemination
- Nationwide and international campaigns to communicate objectives of TPS through various government and private sector bodies.
Implementation and Appropriations
- DTI to formulate implementing rules within 60 days.
- Initial funding charged against current appropriations; subsequent funding included in annual budget.
Legal Effects and Amendments
- Modifies provisions of Government Procurement Reform Act and Commonwealth Act No. 138 to align with this law.
- Repeals inconsistent laws and regulations.
- Effective 15 days after publication.
This detailed summary encapsulates the comprehensive framework established by the Act to support and promote Philippine products and enterprises through strategic planning, institutional coordination, preferential treatment, and capacity building to enhance competitiveness domestically and globally.