The Department of Trade and Industry (DTI) will conduct a public consultation/ hearing on the following:
- Draft Department Administrative Order (DAO) on the “Implementing Guidelines on the grant of BAGWIS AWARD to business establishments that uphold consumers’ rights and interests and practice business ethics”;
- Draft Department Administrative Order (DAO) on the “Guidelines on the Recognition of Consumer Organizations”,
The consultation / hearing scheduled for the Visayas (Regions 6, 7, 8 and 9) is on May 9, 2017 at the Bayfront Hotel, Kaoshiung Street, North Reclamation Area, Cebu City.
All those interested in the said activity are encouraged by the DTI to attend. The draft DAOs can be downloaded at the DTI website, www.dti.gov.ph.
Written endorsement/ position/ comments may be submitted to the Consumer Protection and Advocacy Bureau (CPAB) c/o Assistant Director Lilian G. Salonga, Officer-in-charge, at the Trade and Industry Building, 361 Sen. Gil J. Puyat Avenue, 1200 Makati City or through email address[email protected] at any time before the date of hearing indicated.
For further queries and/or concerns, please coordinate with Ms. Anna Virgilia Rodriguez or Ms. Cerlina Josue at telephone number (+632) 7510384 locals 2223/ 2222.
For more information on the services of the DTI, log-on to http://www.dti.gov.ph
DTI TO ENTREPS: CONTINUE THE ENTREPRENEURIAL REVOLUTION. Department of Trade and Industry (DTI) Secretary Ramon Lopez encouraged more than 150 existing and aspiring entrepreneurs to continue the entrepreneurial revolution in the country, during the launching program of the Kapatid Mentor Me and free negosyo seminar in Pasig on 24 April. Said launching, which is in partnership with Go Negosyo, Philippine Chamber of Commerce & Industry, Pasig City Mayor Bobby Eusebio, Association of Filipino Franchisers and Philippine Franchise Association, is the newest addition to the already existing 33 Mentor Me Roll-outs in various cities across the country (as of 17 April 2017), participated in by more than 4,300 micro, small and medium enterprises (MSMEs). To sustain entrepreneurial revolution, Sec. Lopez asked participants to be “smart entrepreneurs” by welcoming continuous innovation and developing unique selling propositions in their dream businesses, through the business mentoring provided by Negosyo Centers. He also shared government’s initiatives to help MSMEs acquire market access by mainstreaming the best of MSME products through the Go Lokal! stores, as well as access to finance through President Rodrigo Duterte’s Pondo para sa Pagbabago at Pag-asenso (P3) as direct response to the “5-6” lending scheme. With know-how and right mindset, an entrepreneurial nation is what will give Filipinos a good chance towards economic prosperity, according to him.
Gov. Edgar Chatto meets with USAID/B leaders and other development partners, who are working together hand-in-glove with the Department of Defense (DoD) Pacific Command, to discuss possibilities to enhance the capacity of the Philippine Government and its key partners to plan, design and implement low emission development strategies (LEDS) contributing to the Nationally Appropriate Mitigation Actions (NAMAs) in the power, transport and land use sectors.
Key activities include (a) Strengthening Capacity in Low Emission Development through greenhouse gas (GHG) Inventory and Preparation of GHG Management Plans; (b) Increased Investments into Clean Energy Projects. This will sustain USAID’s mentoring program, which will enable project developers and investors to package and finance viable clean energy projects.
Also present are DOE Chief Investment Specialist Lisa S. Go and Lily Gutierrez, Energy Policy Specialist from the Environment Office of USAID Philippines.
Acudeen Technologies, a startup that helps small and medium enterprises (SMEs) overcome financial constraints, recently bagged equity investments of up to $500,000 after besting other participants from over 66 countries in the SeedStars World Summit in Switzerland.
Founded by a Filipino startup entrepreneur Mario Jordan “Magellan” Fetalino III, Acudeen Technologies is a financial-technology company that provides support for Philippine small businesses coping to make ends meet as they await payments from their clients.
Financial stability is one of the top problems faced by most micro, small, medium enterprises (MSMEs) in the country. While MSMEs acquire big contracts with larger companies, they find themselves financially disabled while they wait for their invoices to be paid that are usually in 30-60 day cycles. This scheme forces most MSMEs out of business. With this prevailing problem, Acudeen Technologies provides an innovative solution. It transforms SMEs’ invoices into cash through discounting of their receivables providing them with necessary working capital which they fail to get from banks.
“This is an outstanding work of a Filipino entrepreneur which does not just boast of the innovative capacity of Filipino startups to provide solutions to existing problems, but also reflects the bayanihan spirit among Filipinos that continue to help our small businesses in the country to thrive,” said Department of Trade and Industry’s Trade and Investment Promotion Group Undersecretary Nora K. Terrado.
“We hope to encourage more startups like this in furthering our innovative economy. We encourage them to avail various initiatives of the public and private sector such as the QBO Innovation Hub,” added Terrado.
The Philippines, with increasing collaboration between the public and private sector, continues to urge more local entrepreneurs to explore various opportunities that technology offers for businesses. Through DTI, the Philippine government forwards the development of the startup ecosystem in the Philippines through the Startup Ecosystem Development Program (SEDP).
Recently, DTI together with Departments of Science and Technology (DOST) and the Information and Communication Technology (DICT) with Ideaspace Foundation and JP Morgan launched the QBO Startup Enablement Programs that aim to cater to the needs of the growing startup ecosystem in the Philippines.
Gov. Edgar Chatto with Provincial Administrator Alfonso Damalerio II gives incentives and award to the family of P02 Rey Anthony Nazareno in Ulbujan, Calape. Nazareno, a member of SWAT ‘ Pinagsanib ‘ Class 2016 was killed defending Bohol against the ASG intruders in Barangay Napo, Inabanga. PO2 Nazareno, according to Chatto was a hero and true blooded Boholano. Also joining Chatto are Calape Vice Mayor Junie Yu and PNP Provincial Director Felipe Natividad. The Sangguniang Panlalawigan also passed a resolution commending PO2 Rey Anthony Nazareno for his acts of heroism and genuine service in peace-keeping and security and expressing heartfelt condolence to his family.