by admin | Jan 12, 2017 | Headlines, National News
The Philippine Board of Investments (BOI) is further strengthening its support for the growth and development of small and medium enterprises (SMEs) as it recently approved the application for registration of investment projects of small enterprises—Sooraj Garments Manufacturing Inc. and Hardware Labs Performance Systems Inc.
The mentioned projects were the first two SME investment projects approved by the agency under its newly-streamlined registration process.
In line with the thrust of the present administration, the BOI, through Board Resolution Numbers 25-02 and 28-02, Series of 2016, delegated the processing and approval of projects of micro and small enterprises to the BOI Executive Director for Industry Development Services for projects in Luzon, and to the Division Chiefs/Officers-in-Charge of BOI Extension Offices for projects in the Visayas and Mindanao.
“The delegation of functions aims to speed up processing of applications and thus promote ease of doing business in support of the growth and development of businesses especially MSMEs,” Trade Secretary and BOI Chairman Ramon Lopez said.
The delegation applies to project activities in agriculture, services, tourism and manufacturing sectors with project cost of Php15 million and below.
Sooraj Garments is a new export producer of garments with an annual capacity of 808,080 pieces per year. Located at Binangonan, Rizal, the Php1.985 million project will employ 64 people on a non-pioneer status. Hardware Labs meanwhile is a new export producer of cryocell refrigeration cooling at an annual capacity of 780 pieces module.
The Php4.155 million project is located at Mabalacat, Pampanga and will employ seven people on a non-pioneer status.
“Given their dynamic and productive characteristics, SMEs are seen as crucial for the country’s inclusive economic growth, employment creation, and innovation,” Trade Undersecretary and BOI Managing Head Ceferino Rodolfo said adding that the agency remains supportive of the growth and development of SMEs such as Sooraj and Hardware Labs which are at the forefront of manufacturing export-quality products.
“By including export-oriented projects as one of the preferred activities in the annual Investments Priorities Plan, we encourage SMEs to be more competitive and more active in participating in global value chains,” said Undersecretary Rodolfo.
For more information on the services of the DTI, log-on to http://www.dti.gov.ph
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.
by admin | Jan 11, 2017 | DTI Updates, Headlines, Malakanyang Updates, National News
Following President Rodrigo Duterte’s directive to replace the “5-6” money lending system and provide an affordable micro-financing for the country’s micro, small and medium enterprises (MSMEs), the government’s Pondo sa Pagbabago at Pag-asenso (P3) program pilots this month in Mindoro, Sarangani and Leyte, among the top 30 poorest provinces, to represent Luzon, Visayas and Mindanao, the country’s trade chief said.
“The P3 is designed to bring down the interest rate at which micro-finance is made available to micro enterprises,” said Department of Trade and Industry (DTI) Secretary Ramon Lopez.
The 2017 General Appropriations Act has included an initial funding of P1 billion for financial assistance, a part of the planned P19 billion financing initiative for micro and small businesses in the next five years.
Helping the poorest
The program’s fund will be lent out in the business centers of the poorest provinces (based on poverty incidence), where the participating microfinance institutions (MFIs) and the Small Business Corporation (SB Corp.) can operate.
An attached agency of DTI, SB Corp. shall administer the P3 Program, including the creation of a Program Management Office (PMO), which will open a separate back account for the P3 Program, to oversee the management and monitoring of fund.
“Fund delivery to microenterprises shall be carried out in either by wholesale lending to non-bank financial institutions like MFI-NGOs, and cooperatives which shall on-lend the fund to beneficiaries or by direct lending by SB Corp,” Sec. Lopez said.
Beneficiaries
Priority beneficiaries include microenterprises and entrepreneurs that do not have easy access to credit, or are accessing credit at very high cost, such as, micro-entrepreneurs, market vendors, agri-businessmen and members of cooperatives, industry associations and co-operators.
Loanable amount per end-borrower can range from P5,000.00 for start-ups to P300,000.00, with maximum interest rate of 26% per annum with no collateral requirement. This rate is significantly below the 20% per day/ week/ month charged by “5-6” lenders. It is also lower than what is charged by most MFIs.
MFIs may opt for portfolio guarantee cover of up to 15% of their P3 loan portfolio from SB Corp at a guarantee fee of 0.4%. The guarantee feature is seen to help MFIs address the P3 Program’s inherent risk. The guarantee fund will be sourced from the P3 fund.
P3 allocates PhP 100 million for direct lending by SB Corp. Target loan beneficiaries are the small enterprises in priority and emerging industries, start-up businesses and technology innovators.
Minimum loan amount will be Php 300,000.00 with interest rate capped at 10% p.a., with or without collateral cover.
“This alternative funding dedicated for micro and small enterprises is meant to discourage the 5-6 money lending system in our country,” said Sec. Lopez, adding that through the established MFIs, the government will reach even the smallest of entrepreneurs in the country.
For more information on the services of the DTI, log-on to http://www.dti.gov.ph
by admin | Jan 10, 2017 | Malakanyang Updates, National News
MANILA, January 10 (PIA)–Gipangunahan ni Presidente Rodrigo Duterte kagahapon ang oathtaking sa mga bag-ong appointed government officials sa Malakanyang diin gi-awhag niya sila sa pag-alagad sa katawhan nga may integridad ug dedikasyon.
Gipahalipayan ni Duterte ang 200 ka mga bag-ong appointees sa nagkalain-laing pwesto sa gobyerno nga nanumpa sa pangatungdanan ilabi na kadtong nibalik sa pag-alagad sa gobyerno.
Gihagit niya ang mga bag-ong opisyal nga tarongon ang ilang trabaho tungod kay dili tanan ang mahatagan og kahigayonan sa pag-alagad sa gobyerno.
“Six years from now, I do not think that you’d be in a position to work some more. So this is the last call para may magawa tayo sa kababayan natin. Just give it to them,” matud pa sa Presidente sa iyang mensahe human sa oathtaking ceremony.
“It’s your last call to serve your nation and because I am pleading to you and I hope that we can work together, trust each other and I said give it to the people this time,” dugang pa niini.
Hugot ang gihimong pasidaan ni Duterte kanila sa paglikay gayud nga malambigit sa korapsiyon ug misaad usab nga iyang batokan ang red tape sa burukrasya.
Subling gitataw ni Duterte nga i-agi gayud sa saktong proseso ang mga transaksiyon sa gobyerno dungan sa pasidaan nga dili niya gusto mga adunay mag-lobby sa iyang buhatan nga pipila ka mga negosyanteng mohangyo og kontrata sa gobyerno.
Apil sa mga nanumpa sa Presidente sila Mocha Uson isip miyembro sa board sa Movie Television Review and Classification Board (MTRCB), ang aktor nga si Ceasr Montano isip Chief Operating Officer sa Tourism Promotions Board, Terry Ridon isip Chairperson sa Commission on Urban Poor ug kanhi General Reynaldo Berroya isip Light Rail Transit Administrator. (ecb/PIA7-Bohol)
by admin | Jan 10, 2017 | Civil Service, Headlines, National News
TAGBILARAN CITY, January 10 (PIA)–Gipahibalo sa Civil Service Commission (CSC) Bohol Field Office nga sa Enero 20 na ang gitakdang deadline sa aplikasyon alang sa unang Career Service Examination Professional ug Sub-Professional ning tuig dinhi sa dakbayan sa Tagbilaran.
Nagsugod na sa pagpangdawat og applications ang buhatan sa CSC ug ipahigayon ang maong pasulit karong Marso 12, 2017.
Ang Career Service Examination bukas sa tanang Filipino citizens nga 18 anyos sa adlaw sa pag-file sa iyang aplikasyon.
Kinahanglang personal nga moduso ang aplikante sa iyang application form ngadto sa buhatan sa CSC nga nahimutang sa Circumferential Road, Barangay. Dampas ning syudad.
Gawas sa application form, kinahanglan usab ang 4 ka Philippine passport size I.D. pictures nga adunay handwritten (dili computer-generated) nga name tag sa atubangan nga gilagdaan ibabaw sa pangalan, original ug photocopy sa valid ID ug adunay bayaran nga P500.00 isip exam fee.
Ang dawaton nilang valid ID mao lamang ang mosunod: Driver’s license, SSS ID, GSIS ID, Philhealth ID, kasamtangang company/office/school ID, Postal ID, BIR ID, Barangay ID, Voter’s ID, Valid passport o Police clearance.
Alang sa dugang kasayoran, mahimomg motawag sa buhatan sa CSC sa (038) 501-7046.
(ecb/PIA7-Bohol)
by admin | Jan 9, 2017 | Headlines, Kontra Terorismo, Malakanyang Updates, National News
MANILA, January 9 (PIA)–Subling gitumbok ni Presidente Rodrigo Duterte ang iyang kampanya batok sa korapsiyon ug tinguhang tapuson na ang mga teroristang Abu Sayyaf sa gipangunahang command conference sa mga lider sa Philippine National Police (PNP) ug Armed Forces of the Philippines (AFP) ning bag-o lang.
Ang command conference mao ang tinuig nga panagtapok sa mga security officials sa nasod kauban ang Presidente nga mao ang commander-in-chief.
Apil sa nitambong sa command conference sa Malakanyang sila AFP Chief of Staff Lt. Gen. Eduardo Año, PNP chief Dir. Gen. Ronald Dela Rosa ug mga nagkalain-laing commanders sa AFP ug PNP units.
Matud pa ni Presidential Spokesman Ernesto Abella, sa maong command conference nahatagan og security update ang Presidente kalabot sa kasamtangang national security situation ug law enforcement activities sa PNP.
Dugang pa ni Abella, nisunod niini ang guidance ni Presidente Duterte kalabot sa pagbatok sa korapsiyon, apil na usab ang pagbatok sa ilegal nga droga ug terorismo.
Gibalik usab sa commander-in-chief ang iyang tinguha nga mahunong na ang pagpanghasi nga gipanghimo sa Abu Sayyaf. (ecb/PIA7-Bohol)
