https://www.ivisa.com/philippines-e-cif
Philippines eCif is a program that has been launched in 2021. The goal of the said program is to encourage international exchange and cultural exchange between the Philippine and international businesses. The main goal of this said program is to help Filipino businessmen, women, youth and other individuals involved in business, especially in global trade. Through this 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 world through the exchange of the skills, experience and knowledge with the assistance of their respective overseas counterparts.
For any company to prosper, there needs to be an exchange of information and knowledge among its employees both in their country and in another country. This can only be achieved if there is an exchange of company practices, systems, policies and goals. Through this endeavor, Filipino employees gain more knowledge about their business counterparts and also the quality of their services and products.
The program however, confronted several criticisms from the international business community. They claim that eCif does not assist the development of the Philippine market. There are a few people who also claim that it is not a viable choice for companies who do not require extensive internet connectivity. On the other hand, the app is labeled as the best alternative to strengthen the Philippine economy. Philippines eCif is a response to criticisms made against the Free Trade Area Act or FTAA. Critics state that the program might have no substantial effect on the economy, however.
Apart from being an answer to criticisms, the government sees the application as being of immense help to the nation's foreign exchange policy. The program encourages the international companies to invest in the Philippines, especially in infrastructure projects. The jobs will ensure better quality of life and employment for the Filipinos. Apart from making the authorities stronger efficiently, the projects have the potential to increase tourism and revenue from overseas investors.
Aside, from creating the Filipino workers more familiar with their foreign counterparts, the Philippine eCif also supplies them with an opportunity to learn and use new technologies. This is mainly since the app enables the exchange of technology and information between both the parties. This way, the Philippines and overseas countries can promote their respective brands and increase their market share in the world industry. For smaller companies, this means more opportunities and expansion.
Essentially, the application is seen as a win-win circumstance. The government promotes its product and at precisely the same time receives remuneration from global businesses. The Filipino people get to reap the advantages of using eCif. It also helps improve the quality of life in the nation. Last, the eCif is an affordable and easy-to-use solution that's already widely accepted by the international community.