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DTI encourages companies to support MSMEs through inclusive business

The Department of Trade and Industry has encouraged chief executives of big companies to develop and promote the involvement of micro, small, and medium enterprises (MSMEs) in the ASEAN region’s production network and supply chain. “I enjoin you to continue partnering with us, this time with single-minded focus on MSMEs to develop and promote their involvement in mainstream business.” Secretary Ramon Lopez told the participants of the 47th National Marketing Conference at Pasay City. Secretary Lopez underscored the Inclusive Business model, which proved to significantly enhance business bottom lines through supply-demand gap linkages, while contributing substantial impact to the poor and low-income segment. “The integration of these communities into global value chain improves their quality of lives and makes for better business with diversified supply and distribution systems. For business and investors, Inclusive Business is not only the new mindset for innovation and market leadership, but a key contribution of the private sector to communities and sustainable development goals.” Secretary Lopez said. Noting MSME’s crucial role in ASEAN Economic Integration, Secretary Lopez shared DTI’s plan to strengthen this sector to be able to join the global value chain. “We intend to increase the competitiveness of MSMEs so they can be part of the domestic, regional, or global value chain as manufacturing entities in their own right, whether involved in the production of parts and components that have backward linkages within the production network, or through the provision of services in manpower, logistics, transportation, or communications.” He told. MSMEs serve as the backbone of most Asian countries, accounting for more than 96% of all enterprises and contributing between 30%-53% to... read more

Big time tax evaders, pahamtangan og travel ban

TAGBILARAN CITY, August 10 (PIA)–Dili na pagawason sa nasod ni Presidente Rodrigo Duterte ang mga adunahang negosyante nga wala nagbayad og saktong buhis. Matud pa sa Presidente, gitahasan na niya ang Bureau of Immigration (BI) nga bawalan kini sila nga makagawas sa Pilipinas. Dungan niini, miingon si Duterte nga nangayo na siya karon og listahan sa mga tax evaders kang Bureau of Internal Revenue (BIR) Kalihim Caesar Dulay. Kun makuha na sa Presidente ang maong listahan sa mga tax evaders, manduan niya ang mga polis ug sundalo kauban ang media nga adtuon ang puluy-anan niini aron pangutan-on kun nganong wala sila nagbayad og saktong buhis. Giseguro usab ni Duterte nga sa oras nga magbayad og saktong buhis ang mga tax evaders, dili na sila makasinati og bisan unsang matang sa harassment gikan sa BIR. Giingong makadismaya tungod kay nakaya pa sa mga tax evaders nga mokuha og mga polis ug sundalo aron mahimong personal nga bodyguard. Pagseguro sa Presidente, bungkagon niya ang mga polis ug militar nga nagsilbing personal bodyguard sa mga tax evaders.... read more

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