Aklan opens 2 more Negosyo Centers

The Department of Trade and Industry (DTI) Aklan Provincial Office will launch its second and third Negosyo Centers in Aklan, particularly in the municipalities of Ibajay and Altavas on June 27 and 28, 2016, respectively, as the agency intensifies further its bid in assisting micro, small and medium enterprises (MSMEs) and aspiring entrepreneurs.

The launching of these Negosyo Centers will be highlighted by the “NegoCart”, a special component of the Negosyo Center which will showcase different products of each municipality.

The establishment of the new Negosyo Centers is through the coordination and partnership of DTI Aklan with the Local Government Units (LGUs) of Ibajay and Altavas, and the PSMED Council.

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MSMEs urged to follow int’l standards

The Department of Trade and Industry’s Industry Promotion Group (DTI-IPG) urged micro, small and medium enterprises (MSMEs) to follow international product standards to break into the global market – in a seminar conducted under the Negosyo, Konsyumer, at iba pa (NKATBP) event held in Waterfront Hotel, Cebu City last June 11.

Participated in by over 200 MSMEs, exporters, would-be exporters, entrepreneurs including local startups and innovators, government trade promotions and business development officers, the seminar dubbed as “Catapulting New Business for the Global Market” held various discussions on how to drive businesses into the growing global market and how government programs and initiatives can assist in finding the right market for their products and services.

The IPG, composed of the Export Marketing Bureau (EMB), Foreign Trade Service Corps (FTSC), Philippine Trade and Investment Center (PTIC), Center for International Trade Expositions and Missions (CITEM), and the Design Center of the Philippines (DCP), takes the lead in developing and implementing programs and activities that promote the Philippines and local entrepreneurs’ products and services in the domestic and international market.

3rd Negosyo Center Plus opens in Cebu

DTI opened the 3rd Negosyo Center Plus in UP Cebu. The Negosyo Center Plus is a Negosyo Center with Fabrication Laboratory and Co-Working space.

U/Maglaya said that the Negosyo Center with Fablab Co-working Space launching is a milestone for the Department after unveiling the first two in Santiago City and Ilocos Sur. The DTI is also set to open 4 more Negosyo Center with Fablab Co-working Spaces in Tacloban City (Eastern Visayas State University) on June 21, Bicol (Bicol University Compound) on June 23, National Capital Region (CITC Marikina; University of the Philippines – Diliman) on September 14, and in Zamboanga City (Zamboanga State Ploytechnic College) on October 7.

BMBE registration now in DTI

Barangay Micro-Business Enterprises (BMBEs) can now register their businesses, free of charge, at the Department of Trade and Industry (DTI) through the agency’s Negosyo Centers.

Maglaya said that registered BMBEs can avail of government incentives that include exemption from the payment of income tax for income arising from the operation of the enterprise, exemption from the coverage of the minimum wage law, special credit window of government financing institutions that will service the needs of BMBEs, as well as technology and marketing assistance.

The DTI issued Department Administrative Order (DAO) No. 16-01 last April 22, 2016 which provides guidelines on registering BMBEs at Negosyo Centers. Under DAO 16-01, DTI is the sole agency which shall issue a Certificate of Authority (CA) to registered BMBEs at Negosyo Centers or at DTI offices where Negosyo Centers have not been set up.

Prior to the issuance of the DAO, BMBEs register at the Office of the Treasurer of the city or municipality where the business is located.

156th Negosyo Center opens in Lucky China Town Mall

S/ASC and Sen. Bam inaugurated the 156th Negosyo Center in Lucky China Town Mall in Binondo, Manila. DTI targets to open an additional 143 Centers nationwide this year.

SASC noted that “Negosyo Centers are excellent channels to connect with entrepreneurs, to provide them with assistance, and to ensure that micro small and medium enterprises (MSMEs) benefit from government trade policymaking and execution”.

Business matching with Korean food companies

DTI-EMB, together with Philippine Trade and Investment Center-Seoul, Department of Tourism (DOT), and the ASEAN-Korea Center, recently held a business matching activity between local food entities and major companies from South Korea at the SMX Convention Center in conjunction with the Madrid Fusion Manila 2016.

The seven Korean food companies interested in sourcing Philippine food products include FF Corporation, Bar Kor, Jinsung FM, Naesung Enterprise Co. Ltd., Nature Food, ILSHINNAPU, and Korea’s biggest fruit company, CJ Cheiljedang.

Featured during the event were different Philippine food and beverage export products from around the country including sauces and condiments of Mama Sita’s, pure sap coco sugar from Cocoro, coffee from Bote Central Inc., calamansi products from nuBlends corporation, peking duck from Maharlika Agro-marine ventures corp, snack food from Universal Robina Corp., baked products from Magic Melt, confectioneries from Monde Nissin, natural sweetener from Suchero, coconut oil from Minola, coco water and coco products from VCO Philippines among others.

Through the assistance of the DTI Regional Offices, about 20 Philippine food companies coming from various regions in the country participated during the said event and a total of 120 Philippine food exporters were able to discuss possible sourcing of products and explore business opportunities through direct supply, distribution, partnership, or joint venture agreements with the Korean delegates.

As part of the business matching activity, a seminar on global competitiveness of food products in the Philippines was also held. Topics on sourcing, packaging technology and gourmet food were presented by respective speakers from South Korea.

The business matching activity generated a total of 118 business meetings from 59 exporting companies and total potential sales of USD195M.

1,702 SSFs to date

Since the SSF program started in 2013, there are now 1,702 SSF projects in the country worth P776.53 million—with at least 17,095 entrepreneurs and 72,619 potential small businessmen benefitting from it. These SSFs, located nationwide, aim to improve the quality of products and productivity of entrepreneurs.

According to Cristobal, the DTI targets to establish at least 200 more SSFs by June and at least 400 SSFs by year-end 2016.

SSFs improve competitiveness of MSMEs by providing machinery, equipment, tools, systems, skills and knowledge under a shared system. DTI partners with various government agencies, non-government and international organizations, cooperatives, and local government units to acquire and maintain SSFs.