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BOOMING BUSINESS: COUNTRYSIDE ENTREPRENEURSHIP UP

 

As part of the Trabaho, Negosyo agenda of the administration, which puts center the micro, small and medium enterprises (MSMEs) and job generation, the Department of Trade and Industry (DTI) has set its sight on providing both for Filipinos.

This has become prevalent with the Department of Trade and Industry (DTI) reported the growing interest and enthusiasm of Filipinos in venturing into business as more and more entrepreneurs turn to Negosyo Centers for assistance for MSMEs and aspiring entrepreneurs.

In the 2017 Negosyo Center year-end performance monitoring report, a total of 614,417 entrepreneurs have been assisted by these centers—leapfrogging from the June 2017 performance report of 595,573 clients assisted since the inception of Negosyo Centers in 2014.

DTI Regional Operations Group (DTI-ROG) Undersecretary Zenaida Maglaya stressed that the huge surge of entrepreneurs assisted was due to the government’s support for MSMEs and the advancing of MSMEs as economic movers of the country.

“2017 has been the year for Filipino MSMEs as the country hosted the ASEAN. With ASEAN, MSMEs were given the much needed attention in order to advance the country’s economic agenda,” Maglaya said.
 Read more.

 

 (Source: DTI Website)

 Date Posted: December 29, 2017

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HK INVESTORS OPTIMISTIC IN PH INVESTMENT PROSPECTS; INTERESTED IN AGRI, TOURISM, INFRA AND MANUFACTURING SECTORS

Hong Kong businessmen remain upbeat in the country’s investment prospects as an 11-man delegation recently visited the Philippines to explore investment opportunities.

Composed of representatives from key business chambers, infrastructure and manufacturing companies and banking community, the Hong Kong delegates conducted due diligence in the country with particular interest in agriculture, tourism, infrastructure, and manufacturing industries.

The delegates also attended an investment briefing facilitated by the Philippine Board of Investments (BOI) at the BOI Building in Makati City.

Department of Trade & Industry-Foreign Trade Service Corps (DTI-FSTC) Coordinating Officer Alma F. Argayoso, head of the Philippine panel was optimistic that the investment briefing served as an excellent platform in building a closer relationship between the Philippines and Hong Kong, with the recent signing of the ASEAN-Hong Kong Free Trade Agreement. She affirmed the country’s readiness for deeper economic partnership with Hong Kong and willingness to share successes in fostering an enabling business and investment environment of the Philippines.

“As we move forward to further strengthen foreign business partnership, the Department of Trade and the BOI will continue to uphold the Philippine investment priorities by providing you sufficient information and assisting you on how to invest and do business in the Philippines”, said Ms. Argayoso during her welcome remarks.
 

 

In photo: The Hong Kong delegation together with the Philippine panel during the BOI Investment Briefing led by DTI FTSC Coordinating Officer Alma F. Argayoso (front row, seated, third from right), Ms. Lanie Dormiendo of the BOI International Investments Promotion Service (front row, seated, fourth from right), and Hong Kong Trade Development Council (HKTDC) Executive Director Margaret Fong (front row, seated, fourth from left). 

Hong Kong Trade Development Council (HKTDC) Executive Director and Hong Kong delegation head Margaret Fong meanwhile thanked the Philippine panel for the generous support and time devoted to the first ever Hong Kong delegation of the HKTDC since the signing of the ASEAN-HK Free Trade Agreement. Read more.

 

(Source: DTI Website)

 Date Posted: December 29, 2017

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