CL registers highest number of BMBEs in 2017

CITY OF SAN FERNANDO - Among all regions in the country, Central Luzon had the most number of Barangay Micro Business Enterprises (BMBEs) registered through the Negosyo Centers in 2017.

This was bared by Department of Trade and Industry Region III (DTI3) Director Judith Angeles, a total of 2,240 BMBEs registered in the 64 Negosyo Centers spread established around the region.

She disclosed that the number of BMBEs in the region represents 20 percent of the total 12,197 BMBEs registered in the country in 2017, wherein Zambales province posted the highest number of registration with 691, Nueva Ecija had 384, Pampanga had 259, Bulacan had 258, Bataan had 257, while Aurora had 211 and Tarlac had 180.

“Through the BMBE law or RA 9178, establishments registered as BMBEs are provided with incentives such as tax exemption from the operation of the business, exemption from the Minimum Wage Law, priority in Special Loan Windows of financial institutions and technical assistance to increase their productivity,”Angeles said.

Aside from BMBE registration assistance, Angeles also noted that the Negosyo Centers all over the region also provide other services like business name registration, product cliniquing, product catalogue production, business matching, loan assistance, packaging and labelling assistance and product development, Angeles furthered.

“Based on recent data, a total of 635,941 clients have been assisted nationwide by Negosyo Centers. The Negosyo Center in Cebu had the most number of assisted clients with 34,428 clients served while our very own Cabanatuan City in Nueva Ecija is ranked 8th nationwide with 9,568 MSMEs assisted in 2017,” she disclosed.

The Negosyo Centers were created by virtue of Republic Act No. 10644 or the Go Negosyo Act. The law aims to establish at least one Negosyo Center in each local government to help spur inclusive growth and countryside development through the development of the Micro Small and Medium Enterprises sect or.