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INDUSTRY
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Six LGU-members
of the Metro Naga Development Council (MNDC) will receive
financial and technical assistance from the Canadian
International Development Agency-funded GREAT Women Project
for the establishment of common service facilities in their
respective municipalities. The partnership agreement was
signed last December 3 by representatives of the Philippine
Commission on Women (PCW), DTI, DOLE, DOST and DENR.
The service facilities aim to enhance the production
capabilities of women-led micro enterprises, specifically
the producers/processors of bamboocraft, agas, pili ,
ceramics, crab paste and kakanin in Bula, Milaor, Naga City,
Magarao, Gainza and Pili, respectively.
The PCW,
formerly known as NCRFW, and the lead agency implementing
the Gender-Responsive Economic Actions for the
Transformation of Women (GREAT Women) Project, will provide
initial funding for the procurement of equipment. It will
likewise fund capacity development activities of the women
micro-entrepreneurs, and provide technical assistance to the
common service facilities, among others, making available
information vital to the pursuit of the facility and its
linkage with appropriate technical resources.
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Entrepreneurs from across the Bicol region showcased their
products at the 13th “Orgullo kan Bikol” regional trade fair
held October 22-25 at the SM Mega Mall in Mandaluyong City,
according to the Department of Trade and Industry (DTI)
regional office. The DTI, with the Department of Tourism
(DOT) Bicol regional office, brought into the trade fair
“Gayon Bikol sa OK Bikol”, which featured the best tourist
destinations in the region, giving the event an appealing
socio-cultural touch. “Featured products for this year’s
Orgullo kan Bikol included wearables, home furnishings,
gifts and holiday decors, and food with special setting on ‘bayong’,
creative handicrafts, and OTOP”, Jocelyn L.B. Blanco, DTI
Bicol regional director said.
Among the
six provinces, Albay had the biggest number of exhibitors
with 33 micro-small medium enterprises (MSMEs), followed by
Camarines Sur with 24, Sorsogon with 14, Catanduanes nine,
Camarines Norte six, and Masbate five.
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The
provincial government of Albay will implement the Expanded
plus Transport Organizations’ Development Assistance (E+TODA),
a micro financing program for transport service providers,
as safety net of public transport cooperatives or groups
against continuing oil price hikes. Governor Joey Salceda
said that a memorandum of agreement among the province of
Albay, Philippine Postal Savings Bank (PPSB), and Department
of Transportation and Communications (DOTC) was signed on
October 23 to fully implement the program.
The
financing facility will provide easy access to eligible
beneficiaries through self-managed micro enterprises that
will augment their family income. E+TODA is a credit
assistance that is interest free, requires no collateral,
and payable within 14 months with two months grace period.
Any eligible transport organization shall be allowed to
avail of an amount equivalent to P5,000 multiplied by the
number of members applying for the credit assistance. The
Philippine Postal Savings Bank (PPSB) shall facilitate the
opening of savings account by E+TODA Program of the province
of Albay and establish a P50-million Loan Line.
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