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ABAC Philippines to focus on four priority areas for inclusive growth  

6 December 2017 – ABAC (APEC Business Advisory Council) Philippines renewed its commitment towards achieving inclusive growth in the Asia-Pacific region, especially in the Philippines. This move came as ABAC, in their annual Report to Leaders, called on APEC Leaders to further liberalize trade in goods and services as well as investment flows. Business representatives in the region recommended to their government leaders to tackle structural reforms and non-tariff barriers, encourage cross-border investment and to make the Free Trade Area of the Asia-Pacific a reality. In a statement released at the conclusion of the fourth ABAC meeting in Da Nang, Viet Nam last November, ABAC 2017 Chair Mr. Hoang Van Dung further stressed, “Across the region, we need solid digital infrastructure, skills that empower our workforce for the jobs of the future, and a regulatory environment that enables the movement of data and information across borders while also safeguarding privacy and security appropriately.” Meanwhile, APEC Leaders, in their Da Nang Declaration, committed to take bolder and sustained collective actions to promote sustainable, innovative and inclusive growth, deepen regional economic integration, realize the full potential of the business sector, particularly the MSMEs, and enhance food security and sustainable agriculture. Moving forward with ABAC’s recommendations and APEC’s priorities, the Philippine team, with guidance from Trade Secretary Ramon Lopez has identified four areas of focus going to 2018. ABAC Philippines will work with concerned government agencies and other stakeholders to implement work streams on: (1) addressing non-tariff barriers, (2) facilitating the mobility of skilled workers and promoting quality workforces, (3) enhancing MSME global presence with emphasis on digital economy and e-commerce, and... read more

Gov’t to set aside another P1-B for Pondo sa Pagbabago at Pag-asenso micro-loan program

Micro entrepreneurs throughout the country will get more aid to fund their businesses as the National Government, through the Small Business Corporation (SB Corp.), the micro-financing arm of the Department of Trade and Industry (DTI), will set aside P1 billion for year 2018 to continue the flagship program that will provide micro enterprises an alternative source of financing that is easy to access and made available at a reasonable cost. “The President has vowed to provide affordable micro-loans for micro entrepreneurs and we are here to deliver this promise through the Pondo sa Pagbabago at Pag-asenso (P3),” DTI-Regional Operations Group Undersecretary Zenaida Maglaya said. The Pondo sa Pagbabago at Pag-asenso (P3) program is a P1 billion financing program intended to give MSMEs better access to finance and to reduce their cost of borrowing and battle loan sharks preying on micro entrepreneurs. The fund will also give priority to the country’s 30 poorest provinces. Initially, the P3 Program was launched in Tacloban in Leyte on January 25, San Jose, Occidental Mindoro on January 27, and Alabel, Sarangani last January 30 and was launched nationwide in April, with an initial funding of P850.0 million, making available lower cost loans to Filipino micro entrepreneurs who are engaged in small business such as sari-sari stores and are vulnerable to usurious lenders in the absence of an alternative source. Maglaya explained that through the P3, micro entrepreneurs can find relief from overly expensive borrowings and afford cost-efficient and affordable form of loan to add and expand their businesses. “Through the P3, sectors can find relief from overly expensive borrowings as they pursue their livelihood activities,” Maglaya said. As... read more

DTI and PLDT collaborate to digitize business

08 February 2018 Manila – The Go Negosyo center of the Department of Trade and Industry and PLDT Enterprise partner to launch “A Growing Collaboration for the Filipino”, on February 12, 2018 at the Isabela Ballroom B & C, Makati Shangri-la Hotel. The event will promote the use of digital tools that will enable entrepreneurs to have a wider reach through a nationwide marketplace, providing wider market access for MSMEs across the country. The event will also launch PLDT’s PayMaya, the first prepaid online payment app that enables the financially underserved to pay online without a credit card. Demonstrating how PayMaya works is a Go Lokal! pop up exhibit during the event where guests can buy Go Lokal! products via PayMaya. Go Lokal! is a retail concept store which showcases high quality, innovative Philippine products designed, crafted and manufactured by the country’s MSMEs. The GoLokal!ConceptStore@DTI is located at the Groundfloor, Trade and Industry Bldg, 361 Sen. Gil Puyat Avenue, Makati City.  For more information on Go Lokal! and its store outlets, please...

Geeks on a Beach 4 offers 40% discount on tickets

The organizers of Geeks on a Beach 4 offers early bird registration discounts of 40% until April 15, 2016. GOAB4 will be held in Bohol at one of the upscale resorts in Panglao, Bohol on August 25-26, 2016. The GOAB is an international conference and this is the 4th year it is being held. Previous venues were in Boracay and Mactan. The tech community in Bohol had campaigned for the province as a venue and fortunately this year, Bohol already has the facilities to hold such conference. Boholanos who wish to join are encouraged to register early to take advantage of the generous discount. To register, please go to www.geeksonabeach.com. The GOAB conference is unique because instead of a formal atmosphere, the participants may come in in comfortable outfit and discuss state-of-the-art technology in their flip-flops. Big names have attended previous GOAB conferences. The likes of Dave McClure the founder of 500 Startups, Mr. Khailee Ng, Maria Ressa, powerhouse of social news. Bowei Gai. Earl Valencia. Minette Navarrete. Attendees are business people, investors, founders, designers, developers and more. According to the GOAB website, “The challenges of today’s startups are ever changing and the frontiers are plenty and are up for the taking. Do not miss this opportunity to learn, share and pitch. GOAB is the conference that allows anyone to have a platform to share ideas big and small.” The Bohol ICT council is encourage local government units to sponsor representatives from their respective municipalities to this unique conference. Local startups that would need some encouragement by the government should be sponsored. This year’s GOAB is a great opportunity...

Local  News/ Bohol Balita

Miss Dauis Crowned as the Quintessential Boholana (Miss Bohol 2014)

Miss Dauis Queenie Melody Fullante is the Quintessential Boholana as she was crowned Miss Bohol 2014 during the Coronation Night at Bohol Wisdom School Gymnasium on July 19, 2014. First Runner Up is Candidate #9 Mary Rose Butalid – PANGLAO , 2nd Runner Up is Candidate #12 Geraldine Topsnik – TAGBILARAN, 3rd Runner Up is Candidate Jaya Lozano – TUBIGON and 4th Runner Up is Candidate # 10 Imaculada Cleofe Leopardas – BARBRA PEARLS COSMETICS. Post by Miss Bohol...

Miss Bohol 2014 Coronation Night – Live Updates

Miss Bohol 2014 Coronation Night is happening now. Please refresh this page every 15 minutes or so to get the latest update. Miss Bohol 2014 is… Ms. Dauis! Congratulations! Post by Miss Bohol 2014. Top 5 are as follows: Panglao, Dauis, Tagbilaran City, Barbra Pearls Cosmetics, Tubigon Miss Anda was awarded Darling of the Social Media and Darling of the Press. Miss Tagbilaran got the Creamsilk Choice award which included Php10,000. Miss Photogenic was awarded to Miss Loon. Miss Talent was awarded to Miss Jagna. Miss Friendship is Miss...

Tarsier Family Discovered in Sanctuary

The Philippine Tarsier Foundation personnel discovered a tarsier family, a rare thing given that this wildlife icon of Bohol, Philippines is a solitary and nocturnal species. The sanctuary staff believes the family members are a mother, a “teenager” and a baby. They were photographed hugging each other. Post by Philippine Tarsier Foundation, Inc. This photograph of the tarsier “family” is posted publicly on the Philippine Tarsier Foundation Facebook page. Visit their website and Facebook page and do your share to preserve the Philippine Tarsier. The foundation strives to preserve the habitat of the tarsier and of course the tarsier themselves. The sanctuary located in Corella, Bohol is home to the endangered tarsiers. Boholanos and visitors are encouraged to learn more about the Philippine Tarsiers in their natural habitat at the...

Tarsier 117 Rescues Family in an SUV that fell from a bridge

Bohol’s TARSIER 117 rescued a family in an SUV that fell from Tagbuane Bridge in Albur, Bohol on July 16, 2014 mid-afternoon. The driver of the black SUV lost control of the vehicle when it passed the bridge which became very slippery after the rain brought about by typhoon Glenda that is currently affecting Luzon. The driver, his wife and two children and a guardian sustained minor injuries and they were rushed by the emergency response personnel to Borja Medical Clinic in Tagbilaran City. A passerby took a video of the TARSIER 117 rescue team attempting to recover the SUV from the side of the bridge. Post by Chester Impang. Video courtesy of Chester Impang of Golden Chest...

Sandugo Trade Expo highlights ASEAN Integration in 2015

Highlighting the theme “Gearing up for ASEAN 2015”, this year’s Sandugo Trade Expo will showcase locally made products ranging from furnishings and fixtures to wearables, novelty items and fashion accessories, as well as fresh and processed food. The trade event will open from 8:00 in the morning to 9:00 in the evening at The Block, Island City Mall, Tagbilaran City Bohol and will run from July 23 until 27, 2014. Exhibitors featured in the trade event include those from Central Visayas as well as from neighboring provinces in Visayas and Mindanao. A workshop and seminar on Green Economic Development will be conducted by the German Agency GIZ Promotion of Green Economic Development (ProGED) on July 25. DTI 7 expects this year’s trade event to be as successful as last year. In 2013, sales of the  Sandugo Trade Expo exceeded the regional target of P15.0M by almost 30%. Over the years, the Sandugo Regional Trade Fair has been the venue for the promotion of products of several MSMEs from the Visayas and even from the Mindanao...

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