Headlines

DTI FACILITATES MOU SIGNING BETWEEN TOON CITY AND SENECA COLLEGE

On the Forum on Trade & Investment Opportunities in the Philippines, co-organized by the Trade Office, Philippine Consulate General-Toronto and the Canadian Chamber of Commerce of the Philippines held on October 23, 2017, at the Ontario Investment and Trade Centre, the Memorandum of Understanding (MOU) between Toon City Academy and Seneca College was signed.  The MOU confirms the cooperation between the two institutions which  seeks to widen the career opportunities of animators and create possibilities for professional exchange of staff expertise. In photo: (Seated, L-R) Mr. David Agnew, President, Seneca College, Toronto, Ontario, Canada and Mr. Rene de Guzman, VP, Resources Development, Tooncity Academy, Philippines. Witnessing the signing are: (Standing, L-R) Undersecretary for Trade and Investment Promotion Group, Ms. Nora K. Terrado, Department of Trade and Industry, Philippines and The Honourable Minister Michael Chan, Ministry of International Trade,... read more

Foreign investors remain confident on PH as investment destination   

    The Philippines (PH) under the Duterte Administration continues to enjoy the confidence of foreign direct investors with the Department of Trade and Industry (DTI), through the Board of Investments (BOI), welcoming the investment intentions of Chinese firms Huili Investment Fund Management Co., Ltd. and Yi Ding Tai International Corporation.   The investments, focusing on iron and steel manufacturing and shipbuilding, are worth USD 4.5 billion with 8,000 employment opportunities.   “This is one of several investment proposals we have received on the steel industry that will allow us pursue President Duterte’s vision of having a globally competitive iron and steel industry, to support the growing economy, to alleviate poverty, and to create jobs for every Filipino,” said DTI Secretary Ramon Lopez.   A private equity firm based in Beijing, China, Huili Fund expressed its intention to partner with PH and private sector entities through a letter of intent signed earlier this year and endorsed by China’s Ministry of Commerce. The company plans to implement a two-phased project of a world-class integrated steel manufacturing facility that will employ 6,000 people by 2022.   In a recent courtesy call on Sec. Lopez on 5 October, Huili Investment Fund Management Co., Ltd. Chairman Dr. Meng Xiaosu presented the plan for the facility where the first phase will include production of billets, long, and flat products. The chain will be completed on the second phase through iron ore. Currently, a feasibility study is being conducted that includes the possible location to set up the facility, where the availability of port and low electricity cost are considered.   “Producing the steel here... read more

DTI to create more smarter entrepreneurs through mentoring, coaching program

The Department of Trade and Industry (DTI) looks to create more smarter entrepreneurs through mentoring and coaching programs with the Kapatid Mentor ME (KMME) Program. Under the 7Ms initiative of the Department, the Kapatid Mentor ME aims to strengthen the strategy for Philippine Micro Small and Medium Enterprise (MSME) Development, which are mindset, mastery, mentoring, market, money, machines, models, propelling MSMEs to make headway in increasing the competitive market. DTI Regional Operations Group Undersecretary Zenaida Maglaya said the agency will expand the KMME Program after a successful pilot run in 2017 with 2,663 MSMEs, finishing the 10-week mentoring program. “When we launched KMME nationwide last year. We were able to generate 28,202 attendees. As of end of 2017, we have at least a total of 2,663 [MSME] graduates or mentees. These are the ones who have undergone 10-week session of intensive training and mentoring by MSMEs themselves,” Maglaya said, adding that the agency targets to hike the number of MSMEs assisted by 5,000 this year or 20% increase of the total attendees. The Kapatid Mentor ME Program aims to assist MSMEs scale up and sustain their businesses through weekly coaching and mentoring by business owners and practitioners on different functional areas of entrepreneurship. The 11-week program will have weekly modules such as Marketing, Financial Management, Human Resource Management, Operations Management among others. For 2018, Maglaya said the agency will expand the initiative and will add coaching as part of the program. “We will have a new program on coaching. This year, because we have more mentors, we will have the coaching program,” she explained. “The coaching program will allow our...

Local Tech Enthusiasts to hold Startup Weekend Bohol 2 on April

By Zion Campo, Startup Weekend Bohol Marketing Lead Startup Weekend Bohol 2 is Coming! Have you ever had that itch? That certain craving to just go, do something and hopefully change the world? Did you ever want to change the world for the better by creating great solutions that makes waves in communities? Or do you just want to enjoy a weekend with great people? Well, Startup Weekend Bohol 2nd Edition might just be your cup of tea!!! And you’re in for a lucky treat! SWB2 will be held on April 15-17! Startup Weekend is like compressing the first 2 months of developing your business idea in a span of 3 days. It’s a tough pressure-cooker environment where participants learn by doing along with their peers, mentors, and the local startup community. Despite that, it’s a risk-free environment where the logistics are provided (food, venue, internet, mentoring, coffee, the works!) so all you have to do is to focus on building your idea and get a chance to prove the viability of your startup. Startup Weekend will teach you to be strong smart and a superhero because creating something, building something that might change the world takes courage. And you’ve got spirit if you join Startup Weekend! It’s not for everybody, but it’s for everybody who has the guts, the spirit and the balls to take that one step, that one step in starting something. You won’t turn into a Mark Zuckerberg over the weekend and build something like Facebook. Your team won’t probably last over the weekend. Your idea might not even live to see the light of...

Local  News/ Bohol Balita

PNoy, gipangunahan ang pagpanghatag og relief goods sa Bohol

TAGBILARAN CITY, Bohol, Oct. 16 (PIA)–Gipangunahan ni Presidente Benigno ‘Noynoy’ Aquino III ang pagpanghatag og tabang sa mga biktima sa linog sa Tagbilaran Sports Complex ganinang buntag human sa aerial tour niini aron makita ang mga dapit nga grabeng naigo sa 7.2 magnitude nga linog nga miigo kagahapon sa lalawigan sa Bohol ug ubang dapit sa Visayas. Gipahibalo sa Department of Social Welfare and Development (DSWD) nga kapin sa 5,000 ka pamilya ang naapektuhan sa linog ug nagpadala na sila og pagkaon ug mga tolda aron kasamtangang magamit sa mga biktima. Matud pa ni DSWD Secretary Dinky Soliman, pagadalhon sa iyang buhatan ang mga wala na gigamit nga tolda sa lungsod sa Zamboanga aron magamit sa mga Bol-anon. Dugang pa ni Soliman, usa ka C-130 cargo plane sa Philippine Air Force (AFP) ang gigamit aron mahatud ang 2,000 food packs sa DSWD sa pakigtambayayong sa National Disaster Risk Reduction and Management Council (NDRRMC) sa Bohol. Gawas sa food packs, 38 ka trapal usab ang gihatud aron magamit sa mga biktima sa linog. Aron usab matubag ang panginahanglan sa maayong panglawas sa mga Bol-anon, gibutyag sa Kalihim nga ang Department of Health (DoH) magdala dili lamang mga tambal apan apil na sa mga gamit nga gikinahanglan aron matambalan ang mga naangol na dili kayang matambalan sa mga ospital sa lalawigan sa Bohol. Giseguro sa Presidente nga ang iyang administrasyon andam kanunay nga motabang sa mga dapit nga apektado sa mga kalamidad ug adunay igahin ang kagamhanan niini. Kauban sa Presidente sa pag-abot dinhi sa lalawigan sa Bohol sila Sec. Rogelio Singson sa Department of Public Works and Highways (DPWH), Sec....

Grocery Stores Now Open, ATMs Online in Some Areas

Plaza Marcela in Cogon and Sundry Shop at MetroCentre Hotel are open again to the relief of Boholanos who badly needed to buy supplies. Unfortunately, many towns are still isolated, most notably, Loon. Supplies routes to Loon are all unpassable. Fortunately relief operations from the national government is already in action there. BDO and ChinaBank ATMs are also functional as reported by people on Facebook. Many other ATMs are possibly online already since telephone and Internet access has been restored in most areas in Tagbilaran...

Boholanos line up for Gasoline, Kerosene and Food Items

After the 7.2 magnitude earthquake hit Bohol and knocked out all power, Boholanos lined up at gas stations who were able to provide service in spite of the power failure. Kerosene, gasoline and diesel fuel where on everyone’s top priorities in order to deal with the power outage. Elsewhere, people line up in 24-hour grocery stores that managed to stay open to buy much needed groceries and other...

Archives

Categories