by admin | Jan 20, 2017 | DTI Updates, Headlines, Local News / Bohol Balita
TAGBILARAN CITY, January 19 (PIA)–Gibuksan na karong adlawa ang ika-17 nga Ube Festival nga gipasiugdahan sa Kagamhanang Probinsiyal sa Bohol pinaagi sa Office of the Provincial Agriculturist.
Nagdala sa tema nga “Ubing Bol-anon Dugang Palambo-on; Mga Batan-on Ang Pagpananom Buhaton,” modagan gikan karong adlawa, Enero 20 hangtud sa Enero 23, 2017 sa Plaza Rizal ning dakbayan sa Tagbilaran.
Gibuksan kini pinaagi sa motorcade nga nagsugod sa alas 12 sa udto nga naggikan sa Camp Bernido, atubangan sa Provincial Health Office (PHO) sa distrito sa Dao paingon sa Bohol Cultural Center diin gipahigayon ang opening program.
Sulod sa maong programa, gilusad usab ang International Sustainable Tourism Year 2017 sa pakig-alayon sa Bohol Tourism Office, Bohol Provincial Tourism Council Inc. ug Bohol Association of Hotels, Resorts and Restaurants.
Atol sa maong programa, simbolikanhong gihiwa ni Gob. Edgar Chatto ang usa ka ube ug gi- abrihan kini isip paglusad ning tuig 2017 isip United Nations World Tourism Organization International Year of Sustainable Tourism for Development.
Si Department of Tourism (DOT) Region 7 Director Catalino Chan III, ang pinasidunggang dinapit isip representante ni Kalihim Wanda Corazon Teo, nisaad usab nga iapil na ang Ube Festival isip usa sa mga major events sa ilang national tourism calendar.
Human sa programa nga gipahigayon sa Bohol Cultural Center, gisunod dayon ang ribbon cutting ug opening of exhibits sa Plaza Rizal.
Ang Ubifest, usa ka tinuig nga kapistahan agig pagsaulog sa lagutmon aron pagsugat sa tinuig usab nga ubi harvest.
Ang product display nagpakita sa nagkalain-laing ani sa ubi sa mga mag-uuma gikan sa mga nisalmot nga mga lungsod sa Bohol. (ecb/PIA7-Bohol)
by admin | Jan 19, 2017 | DTI Updates, Headlines, National News
Aspiring and existing Filipino entrepreneurs can soon avail of free business mentorship from Canadian business experts, as the Department of Trade and Industry (DTI) partners with a Canadian development organization focusing on capacity building to stimulate entrepreneurship for the long-term.
DTI signed a Memorandum of Understanding (MOU) with the Canadian Executive Service Organization (CESO) to improve DTI’s capacity to expand integrative and inclusive business services provided to clients nationwide through the Negosyo Centers (NCs) and the Shared Service Facilities (SSF).
The 447 currently established NCs are part of DTI’s grand initiative to boost micro, small and medium enterprises (MSMEs), offering the sector efficient business mentoring services, functional competencies, advice and information on market. SSFs, meanwhile, cater MSMEs the needed machinery, equipment, tools, systems, skills and knowledge under a shared system.
The MOU cites cooperation between two sides to strengthen the capacity of DTI, local partners and beneficiaries by providing training, advisory services and mentoring at the institutional and individual levels through the application of high-level Canadian technical expertise.
“The transfer of skills and knowledge from Canadian advisors with an average of 25 years of experience have been proven effective, after pilot-testing this system in Region 4A,” said DTI Secretary Ramon Lopez, adding that such partnership complements government’s existing initiative to equip MSMEs with proper business mentoring.
Through NCs, DTI assisted more than 490,000 clients and conducted over 6,000 seminars for MSMEs and aspiring entrepreneurs. NCs also created over 41,000 MSMEs.
Immediate outcomes also include increased capacity of local government units (LGUs) to use automated revenue generation systems and knowledge transfer on the use of information and communications technology (ICT) for marketing, communications, monitoring and evaluation purposes.
“With all these in the work, our partnership can only lead to increased technical, entrepreneurial and management skills for our MSMEs,” Sec. Lopez added.
CESO is a Toronto-based international economic development institution dedicated to sustainably reducing poverty and stimulating economic growth. Its main focus areas are on private sector development and institutional strengthening of government agencies and local partners.
The MOU provides that CESO will design a multi-year program of assistance touching on NC’s expansion plans, rapid assessment business diagnostics, program development and implementation and monitoring and evaluation.
This program of assistance will be included in a proposal for funding support that CESO will submit to Global Affairs Canada.
For more information on the services of the DTI, log-on to http://www.dti.gov.ph #
by admin | Jan 17, 2017 | DTI Updates, Headlines, National News
Tune in to Konsyumer Atbp, (KATBP), DTI’s consumer education radio program, simultaneously aired over DZMM 630 kHz and Sky Cable channel 26, every Saturday from 10:30 in the morning to 12:00 noon.
Learn from the timely and informative discussions of DTI Undersecretary Ted Pascua and DZMM’s senior reporter, Alvin Elchico, on pressing relevant consumer-related programs and issues.
Participate in KATBP’s informative discussion and get a chance to win special prizes by sending your reactions/ comments to DZMM <space> REACT <space> MESSAGE and send to 2366.
For Facebook users, send messages and greetings online and type DZMM Teleradyo on the search box and click “Like”. Filipinos abroad can listen to Konsyumer Atbp at www.dzmm.com.ph. Just click “Listen Live” for the free live audio streaming.
KATBP is a partnership between the DTI-CPG and the ABS-CBN Broadcasting Corporation for consumer advocacy.
For more information, call DTI-CPG at 751.4740/48. Follow us at Facebook page konsyumeratbp. #
by admin | Jan 16, 2017 | DTI Updates, Headlines, National News
Investment projects approved by the Philippine Board of Investments (BOI) grew 20.4 percent in 2016, reaching P441.8 Billion from the P366.7 Billion registered in 2015.
The value of registered projects in 2016 is second highest since 2000, next to the P466 Billion registered in 2013. The 20.4 percent growth also exceeded the agency’s 7 percent growth target for 2016.
With a 20.4 percent growth in 2016:
• BOI surpassed its 2016 target of 7 percent increase in value of registered projects.
• 2016 value of registered investments is second highest since 2000
• Foreign investment pledges is 50 percent higher in 2016 than in 2015
• Foreign investment level in second half is almost twice than in the first half
• Among major sectors, growth in investments (2016 vs. 2015) is fastest in construction (644.8 percent) and manufacturing (81.3 percent)
• Mostly buoyed by hydropower projects, investments in Cordillera Administrative Region increased from P85.6 Million in 2015 to reach P34.8 Billion in 2016.
Trade Secretary and BOI Chairman Ramon Lopez said the growth in the agency’s investment pledges is driven by the continued confidence of investors with the country’s sustained strong macroeconomic fundamentals and in President Duterte’s socio-economic agenda; as well as a result of President Duterte’s state visits since he started the current administration.
“With the investment missions that we are doing, investors have gained greater awareness of the Philippines’ strong and growing economy,” he said adding that during the President’s state visits, he always assures investors that the government will honor, secure, and protect their investments.
The aggregated investment approvals in 2016 were generated from 377 projects and are expected to generate about 67,615 in new jobs when these investment projects become fully operational.
Investment projects registered were mainly from local companies, making up 80 percent of the total figure or P352.5 Billion. The rest of the 20 percent meanwhile came from investments from foreign sources amounting P89.3 Billion.
Foreign investment pledges this year are higher by 50 percent against the P59.5 Billion in 2015. The foreign investment level in the second semester was almost double than that of the first semester, clearly indicating “the growing foreign investor interest and confidence”.
Topping the list of foreign country investors for the year include Australia with investments worth P30.5 Billion. Singapore came in second with investments amounting to P13.6 Billion, followed by The Netherlands with P13.1 Billion, Japan with P6.8 Billion, and South Korea with P6.4 Billion. The balance is shared by various country investors.
In terms of geographic distribution, Region 4A topped the list of regional investments with P102.1 Billion worth of projects. The National Capital Region came in second with investments worth P95.3 Billion, followed by Region 3 with P56.5 Billion. Significant investments were also directed to the Cordillera Administrative Region with P34.8 Billion, remarkably up by 40,528 percent from only P85.6 Million recorded in 2015.
Topping the list of investment projects for the year are from the industries of power (P209.9 Billion), real estate activities (P65.8 Billion), construction (P62.3 Billion), manufacturing (P49 Billion), and transportation and storage (P23.4 Billion). Investments in construction and manufacturing were among the fastest growing (2016 vs. 2015) reaching 644.8 percent and 81.3 percent, respectively.
The real estate sector is seen to generate the most number of employment with 32,055, followed by the manufacturing sector which is expected to provide jobs and income to 17,067 Filipinos.
Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said “the continued growth of the manufacturing industry is a clear indication of the results of our Manufacturing Resurgence Program”. “The revival of the manufacturing sector is key to inclusive economic growth because it will generate much-needed decent employment and help the country tap regional production networks,” he said.
For more information on the services of the DTI, log-on to http://www.dti.gov.ph
by admin | Jan 13, 2017 | DTI Updates, Headlines, National News
MANILA, January 13 (PIA)–Gi-andam na sa Department of Trade and Industry (DTI) ang himuong pagpautang sa mga gagmay nga negosyante base sa direktiba ni Presidente Rodrigo Duterte.
Usa ka micro-financing program nga pagatawgon og Pondo Para sa Pagbabago at Pag-asenso (P3) ang gitakdang ilusad sa DTI nga ihulip sa ‘5-6’ money lending system.
Matud pa ni DTI Undersecretary Teodoro Pascua sa Consumer Protection Group, target nilang unahon ang mga gagmay nga negosyante sa mga lagyong probinsiya kun padayon nang ipatuman ang bag-ong balaod.
Giingong ang pondo ipa-agi sa mga micro lending institution diin dili molapas sa 26 porsiyento ang interest sa usa ka tuig o dili mosaka sa 3 porsiyento matag bulan.
Gikan sa minimum nga P5,000 ug maximum nga P300,000 ang kantidad nga mahimong ipautang sa mga gagmay nga negosyante. (ecb/PIA7-Bohol)
by admin | Jan 11, 2017 | DTI Updates, Headlines, National News, World
Hits 200% of target last year
The Department of Trade and Industry (DTI) significantly expanded and strengthened its support and services to the growing number of micro, small and medium enterprises (MSMEs) nationwide, tripling the number of Negosyo Centers established across the country from 144 in 2015 to 447 in 2016.
In 2016, DTI hit almost 200% of the 150 target with 298 Negosyo Centers built. Majority of the Centers launched last year covered the period July to December 2016 under the administration of President Rodrigo Duterte, with 197 centers launched.
DTI also surpassed its set targets for the establishment of Negosyo Centers for two consecutive years. In 2015, DTI established 144 Centers, exceeding the 100 target.
People’s partner
Through Negosyo Centers, DTI assisted a total of 491,314 clients nationwide and conducted over 6,000 seminars for MSMEs and aspiring entrepreneurs. Negosyo Centers also created over 41,000 MSMEs. There were 213,092 clients served from July to November 201 alone.
“An entrepreneurial nation is what will give the Philippines a good chance towards economic prosperity. Negosyo Centers are people’s partners towards inclusive growth. This is part of the government’s commitment to encourage entrepreneurship among ordinary Filipinos,” said DTI Sec. Ramon Lopez.
As infrastructures of entrepreneurship, Negosyo Centers provide efficient services to MSMEs across the archipelago, including through provision of business mentoring services, information on market and access to money. These Centers are expected to bring in business opportunities to communities and MSMEs and contribute to countryside development.
MSMEs, backbone of the Philippine economic growth, have become a priority of President Duterte, with the DTI placing the sector’s development at the center of the trade agenda. The sector is composed of 99.6% of locally registered businesses, generating over one million jobs each year.
‘Go Negosyo’ Act
The launching of Negosyo Centers are in line with Republic Act No. 10644 or the Go Negosyo Act which aims to help MSMEs, promote ease of doing business, facilitate access to grants and other forms of financial assistance to MSMEs and provide access to Shared Service Facilities (SSF) and other equipment.
Principally authored by Senator Bam Aquino, RA 10644 also indicates support for MSMEs through national government agencies (NGAs), easier business registration, provision of management guidance, improved working conditions, and facilitation of market access and linkage services for entrepreneurs.
OFW lanes at Negosyo Centers
A special lane has been opened for Overseas Filipino Workers (OFWs) at Negosyo Centers. In essence, these lanes provide OFWs and their families options to either pursue business and stay in the country for good or continue working abroad and entrust business to their families and relatives.
One of the success stories is the former OFW couple whoe In an anecdote shared by Sen. Aquino, an OFW family went to a Negosyo Center in Iloilo City to explore possible government support it could get in rolling out a business.
Completing the initial registration, the OFW family was provided training needed to start a small pastry shop. Taking advantage of an OFW facility offered by a local bank, the family expanded its bakeshop by purchasing more equipment.
With such improvements, the family’s local pastry shop has now become one of the suppliers of cupcakes served in Filipino coffee shops and retail outlets.
Sec. Lopez called on OFWs to invest back in the country as demand for work abroad may not be an all-time high. He said that OFWs may explore idea-based, demand-driven and innovation-led business and investment opportunities at home in the industries of food, franchising, agriculture and services.
“OFWs’ distinguishing characteristic of being hardworking is the same element that will lead them to better quality of life,” he said.
