DTI calls for early business name registration, renewal

The Department of Trade and Industry (DTI) in region 10 is calling all business owners and aspiring entrepreneurs to renew or to register their business names early, most preferably weeks before January 20 – the deadline set by the local government units (LGU) for the renewal of business permits.




The renewal and registration of business name through DTI is one of the requirements before a business registrant can acquire a Mayor’s permit from the LGU.


First-time applicants only need to comply three requirements: (1) Duly-accomplished business name application form; (2) 1 valid national government-issued ID with the applicant’s name, photo and signature; and (3) Registration fee.


The applicable fees will depend upon the scope of the business. If the business is only at barangay level, the registrant only need to pay P200; for City level, P500; for Regional level, P1,000 and P2,000 for businesses which extends up to the national level.


Business registrants will spend only around 15 to 30 minutes to have their business names registered or renewed.


For individuals who are tasked to file a business name in behalf of the business owner, they need to bring an authorization letter with the owner’s signature, their personal and the owner’s government-issued IDs, duly-accomplished form and registration fee.


Business owners who need to modify some details in their business registration need to submit an affidavit of waiver and to surrender their original business name certificate.


Meanwhile, those who wish to cancel or change the scope of their business will have to surrender their original business name certificate and to submit an affidavit of cancellation.


For applicants who are residing in Cagayan de Oro, they may file their business name registration or renewal at DTI Misamis Oriental Provincial Office Negosyo Center located at the Ground Floor of State Investment Trust Incorporated along Tiano-Hayes Street in Cagayan de Oro City or at DTI Region 10 Negosyo Center located at Corrales-Luna Streets, Cagayan de Oro City. (DTI-10/PIA-10)


DTI Northern Mindanao launches 14 coffee brands

As part of strengthening the brands of micro, small and medium enterprises (MSMEs), the Department of Trade and Industry in Northern Mindanao launched 14 coffee brands from Bukidnon province on Thursday, December 7.


DTI Bukidnon Provincial Director Ermedio J. Abang said the brands were developed under the Brand Equity Development Program (BEDP) of the Department which targets to develop strong homegrown Philippine brands in both local and foreign markets.


“The launching is part of the promotions and marketing enhancement strategy of the BEDP which aims to enhance business opportunities and marketability of coffee products through effective brands and sustained income,” Abang said.


The 14 coffee brands are Café Corazon, Highland Robusta, Señor Rogelio, Arabica Filipina, Café Mabuhay, Twin Creek Coffee, Kapeyapaan, Hineleban Coffee, Monk’s Blend, Café Hermano, Cincona Coffee, 7 Tribes Coffee, Café Rico, and Kitanglad Brew.

During the launching, Adelina “Bae Inatlawan” Tarino, president of the Inhandig Tribal Multi-Purpose Cooperative (MPC), expressed gratitude to DTI for helping them market their coffee beans.


“Dako akong pasalamat nga nakaadto ako sa US tungod sa among kape” (I am thankful that I was able to go to the US because of our coffee), she cited.

The coffee beans of the Inhandig Tribal MPC won in the Green Coffee Quality Competition held in Cavite State University early this year for the Arabica category.

It was the first national coffee competition that determines who produces the highest quality of coffee in the country.

Another brand from Bukidnon, the Kape Maramag, also won in the competition for the Robusta category.


Robusta and Arabica are the dominant coffee varieties grown in Bukidnon.

Abang noted that there are more than a hundred coffee farmers, mostly indigenous people, in Bukidnon nurturing almost 2,000 hectares of highly productive coffee farms.

The DTI considered the coffee industry as one of its priority clusters.

Abang said the DTI is implementing several strategies to increase the profitability of all players in the coffee industry value chain and to make the Philippine coffee industry sufficient and globally competitive.


The strategies include plantation and post-harvest development, processing improvement, promotion and marketing enhancement, and creation of a sustainable enabling business environment through business development, investment promotion, financial access, and research and development. (APB/PIA-10)

DTI conducts Financing Forum for TESDA graduates

More than 200 graduates of  Technical Education and Skills Development Authority (TESDA) availed of the  financing forum by Department of Trade and Industry – Misamis Occidental (DTI-MisOcc) on 17 November 2017 at Oroquieta Agro Industrial School in Villaflor, Oroquieta City, Misamis Occidental.


The financing forum was conducted in line with a Memorandum of Agreement between the two agencies to provide access to finance among others to the selected beneficiaries who are graduates from TESDA.

There were 210 participants composed of graduates including Persons with Disability (PWD) and Micro Small Medium Enterprises (MSMEs).

Donald John Balanay from Radiowealth Finance Company discussed about their company, their products and services, start-up financing and finally their loan facility under the government’s Pondo sa Pagbabago at Pag-asenso (P3) program. He also presented a referral system which he encouraged everyone to be part of it, be an agent and earn commission out of it.


Meanwhile, Nanette Dionson of Lorenzo Tan Multi-Purpose Cooperative (LTMPC) shared about the cooperative and their presence in most of the municipalities in Misamis Occidental to serve the graduates with their financing needs. She explained how to avail of their loan products and services for start-up and P3 loans.

On the other hand, Gladys Mae Ocaya from Gata Daku Multi-Purpose Cooperative (GDMPC) stressed that cooperatives and other P3 conduits are not competitors even if they serve the same clients. Excellence in their service matters so that clients have the option to apply loan wherever they want and they think convenient to them given that the interest rate for P3 is regulated up to 2.5% per month.


Finally, Roger Salibay from Partnership for Rural and Technical Services, Incorporated (PARTS) Inc. announced directly to the participants those interested for start-up capital starting P10,000.00 at the interest rate of 1.5% per month. From that initial loan, repayment will be evaluated as well as business proposal before granting higher amount during repeat loans.

P3 is a directive of President Rodrigo Duterte to lift the MSMEs sector by providing them easy access to finance in lieu to 5-6lending, quick processing of loans with lowest interest rate and light payment scheme.


For more information visit www.dti.gov.ph or nearest Negosyo Center in cities, municipalities and provinces nationwide. (Methusael Lumantas/DTI MisOcc)

Go-Negosyo Summit in Misamis Occidental held

Around 1,800 students from Misamis Occidental National High School participated in the Department of Trade and Industry of Misamis Occidental (DTI-MisOcc) Go Negosyo Summit for Senior High School students in Oroquieta City Gym, Misamis Occidental on 14 October 2017 with the theme, “Tala Magnegosyo para sa Mas Maasensong Nasud Pilipinhon.”


DTI MisOcc Provincial Caretaker Jane Tabucan said, ‘’In the future, we aspire to come up with activities of this magnitude to reach out and touch more lives in pursuit of a better life for everyone right here in the city of good life, Oroquieta.”

She added, “We likewise believe that an enterprising character is needed for Oroquieta to move forward, taking charge and making the most of your talents and resources.”
Meawhile, one of the speakers, former Governor of Misamis Occidental Loreto Leo Ocampos shared tips on business and becoming an entrepreneur.


Ocampos said, we should really join efforts in changing mindsets, equipping entrepreneurial-minded people with concepts, tools and strategies to excel and succeed in pursuing opportunities. Particularly the youth, they need to be encouraged and enticed to become entrepreneurs.

Victor Madlangbayan, the second speaker shared about Marketing, the action or business of promoting and selling products or services, including market research and advertising.

Entrepreneurship is personal because I believe that if you do what you love, things tend to fall in place, he said.


Meanwhile, Oroquieta City Vice Mayor Lemuel Acosta through reading the message of Senator Cynthia Villar said, “We have been promoting Entrepreneurship as one of the most effective tools to overcome poverty since it creates jobs, knowing that unemployment and underemployment are still the major problems in our country. I myself have transitioned from being an entrepreneur to becoming a social entrepreneur. I used my role as a public servant and legislator not only to advance the causes of social entrepreneurship, but also establish my own livelihood programs or social enterprises. I managed to realize my other advocacies- job creation and livelihood generation while pursuing another important advocacy, that of environment protection.”


She also urged the youth to consider agri- entrepreneurship because there are concerns raised the Philippine farmers are getting older, so we need the young generation interested in agriculture.

DTI MisOcc gathered the youth in a one day symposium to feature different informative and inspiring topics, which ranged from the negosyo basics to tips on youth concerns and interests.

This also served as a venue to inspire attitude change, to present entrepreneurship as an attainable career choice and means of living, and to teach basic concepts in starting and running a successful business. (SMRN/PIA MisOcc)

Go Negosyo symposium opens opportunities to students in Ozamiz

The Department of Trade and Industry (DTI) Misamis Occidental with the thrust of enabling business and empowering consumers conducted a Go Negosyo Symposium on 14 October 2017 at La Salle University in Ozamiz City to reinforce entrepreneurial spirit of the students through educating them with different opportunities in the vast sector of business.


Provincial Caretaker Jane Marie Tabucan said with the theme “Tala Magnegosyo para sa Mas Maasensong Nasud Pilipinhon,” students are treated to a day filled with fun and learning, as well as motivation to improve their lives by means of entrepreneurship.

“Being an entrepreneur knows no age, background, nor gender. Many Filipinos dream of becoming an entrepreneur,” said former Governor Loreto Leo Ocampos turned entrepreneur during his talk in the symposium.

He added, “Anyone can be an entrepreneur given the right mindset and attitude, knowledge and skills, and the passion and creativity to do it. It is the character and values that matter in putting up and running a successful business.”

Meanwhile, Victor Madlangbayan, one of the invited speakers advised aspiring entrepreneurs to choose life’s work according to what excites you, and as the saying goes, “you will never ‘work’ a day in your life,” because it simply won’t feel like work, it will feel like the pursuit of passion.
The search for the right business or work may vary and is really different for many but at the end of the day, it is all about fulfillment in the things that you do, he said.


The symposium was a half day event that featured different topics in business in the forms of plenary discussions. It enjoined the participants to develop a positive change in their mindset, and empower them with relevant entrepreneurship tools and concepts as their key to success specifically in pursuing a business venture.

The symposium aimed to inspire students and aspiring entrepreneurs to look at business in a different way and possibly encourage them to start their own business ventures by featuring young successful and inspiring entrepreneurs. (SMRN/PIAMisocc)

DTI MisOcc bares consumer rights, responsibilities in digital age

The Department of Trade and Industry (DTI) – Misamis Occidental kicked off its Consumer Welfare Month Celebration on 5 October 2017 with a press conference and signing of a joint Memorandum of Agreement (MOA) with Ozamiz City Chamber of Commerce and Industry and Filipino-Chinese Chamber of Commerce to strengthen its advocacy on upholding consumer rights and welfare in the city.


Anchored on this year’s theme for the Consumer Welfare Month celebration, “Consumer Right in the Digital Age,” DTI MisOcc Provincial Caretaker Jane Marie Tabucan discussed the rights and responsibilities of consumers especially with the proliferation of online buying and selling.


Consumers buying goods through the Internet must be cautious. DTI said to use original and different passwords for all your accounts; and set pass codes on all your devices.


Further, check and update your privacy settings on social media and avoid sharing personal information online, always set a password for access to your Wi-Fi network.


On the other hand, don’t trust email offers or rewards which seem too good to be true. Also, DTI said to be aware and avoid opening unusual email attachments and links and avoid sharing unnecessary personal details online. Use temporary email addresses which will expire within a certain amount of time when signing up to one-off services.


Stay safe when making payments online and only use websites that start with ‘https’ and have a green padlock sign, Hackers exploit out-of-date software and operating systems to launch cyber-attacks. Turn automatic updates on for all your devices to stay secure and make sure you install and update firewalls, antivirus and anti-spy software.


Aside from their rights, consumers also need to abide by their responsibilities to be protected, says Maritess B. Alcampado, supervising head of DTI’s Consumer Protection Division.


Meanwhile, Elvira D. Tan, chairperson of Ozamiz Chamber of Commerce and Industry said that this discussion is timely to let consumers know about their rights especially in the digital age.


DTI further appealed to concerned stakeholders especially the media, during the press conference to help disseminate the aforementioned consumer rights and responsibilities to make the public well-informed and vigilant.


This celebration aims to promote dissemination of sound consumer information and heighten consumer awareness with the different laws governing consumer welfare and protection. (Shaine Mae R. Nagtalon/PIA Misamis Occidental)

Kahimunan 2017 opens at SM CDO Premier

The Department of Trade and Industry (DTI) region 10 opened its annual regional trade fair at the Atrium of SM CDO Downtown Premier, August 18.


Dubbed Kahimunan (Creations of Northern Mindanao), the trade fair features the best products of the five provinces of Northern Mindanao – Bukidnon, Camiguin, Lanao del Norte, Misamis Occidental and Misamis Oriental.

Products such as processed food; crafts and fashion accessories; sugar, coffee and beverages; nuts and cashew; spices and condiments; health and organic products; and home style and living items from the five provinces are showcased during the exhibit.


Kahimunan also aims to assist micro, small and medium enterprises (MSMEs) in the region in prmoting their products.

Ruben A. Vegafria, trustee of the Oro Chamber of Commerce and chairperson of the 2017 MinBizCon, said Kahimunan helps exhibitors expand their market and develop into a more competitive and stable MSMEs.

More than 100 MSMEs participated in this year’s Kahimunan trade fair.


Mayor Oscar S. Moreno of Cagayan de Oro City said Kahimunan was considered as one of the core events of the city’s Higalaay Festival for it showcases the convergence and solidarity of the five provinces as one community.


The products of every province and city in Northern Mindanao are also the products of the region. As they combine, they become bigger and more marketable, Moreno noted.

The Kahimunan regional trade fair will run until August 29, 2017. (APB/PIA-10)

***photos from fb page of CDO City Councilor Jay Pascual***