The Positive Outcomes of the Philippines eCif
Philippines eCif is a program that was started in 2021. The goal of the said program is to encourage international exchange and cultural exchange between the Philippine and international companies. The most important aim of the stated program is to help Filipino businessmen, women, youth and other people involved with business, especially in global trade. Throughout the program, Filipino workers are able to travel abroad or proceed to other areas of the world. They also have opportunities to expand their business throughout the globe through the exchange of the skills, expertise and knowledge with the assistance of their respective overseas counterparts.
For any company to flourish, there has to be an exchange of information and knowledge of its employees both in their own country and in another country. This can only be reached if there's an exchange of company practices, policies, systems and goals. Through this project, Filipino employees gain more information about their business counterparts and the standard of their products and services.
The program however, confronted several criticisms in the international business community. They assert that eCif does not assist the growth of the Philippine economy. There are some who also claim it is not a viable option for businesses who do not need extensive online connectivity. On the other hand, the program is labeled as the best alternative to strengthen the Philippine market. Philippines eCif is a response to criticisms made from the Free Trade Area Act or FTAA. Critics say that the app may not have any substantial influence on the market, though.
Apart from being an answer to criticisms, the government sees the program as being of immense help to the country's foreign exchange policy. The program encourages the global companies to invest in the Philippines, particularly in infrastructure projects. The projects will ensure better quality of life and employment for the Filipinos. Aside from making the government stronger efficiently, the jobs have the potential to increase tourism and revenue from overseas investors.
Aside, from creating the Filipino workers more acquainted with their overseas counterparts, the Philippine eCif also provides them with an opportunity to learn and utilize new technologies. This is mainly since the program enables the exchange of technology and information between both the parties. This way, the Philippines and overseas nations can promote their respective brands and increase their market share in the global market. For small companies, this means more opportunities and expansion.
In essence, the application is regarded as a win-win situation. The government promotes its product and at the exact same time receives remuneration from international businesses. Meanwhile, the Filipino people get to reap the advantages of using eCif. It also helps enhance the quality of life in the nation. Last, the eCif is a cheap and easy-to-use solution that's already broadly accepted by the global community.