Archive for January, 2018

10 Reasons to attend Go Negosyo’s 10th Filipina Entrepreneurship Summit

Wednesday, January 31st, 2018

FES10 Article
It is almost the Women’s Month, and what better way to celebrate women empowerment than to attend Go Negosyo’s 10th Filipina Entrepreneurship Summit (#FES10). Go Negosyo has been supporting women empowerment through entrepreneurship for the past decade. As Go Negosyo celebrates a milestone year for the Filipina Summit, expect to be part of the biggest women negosyo summit ever!

Here are 10 reasons why you should attend #FES10:

  1. Listen and be inspired by the words of successful women entrepreneurs.

Go Negosyo has invited some of the country’s most successful women entrepreneurs who have led enterprises to greater heights. These women entrepreneurs include Tessie Sy-Coson (SM Investments), Alice Eduardo (Sta. Elena Corporation), Lizzie Zobel (Teach for the Philippines), Marife Zamora (Convergys Philippines), Dr. Vicki Belo (Belo Medical Group), Natividad Cheng (Uratex) among others. Be inspired on how they started their entrepreneurial journey and how they topped their industries despite competition.

  1. Explore business concepts through the women entrepreneurs in different fields.

With more than 50 speakers from various industries, get a glimpse of different business models. Go Negosyo has invited speakers from agriculture, technology, retail, academe, art, among others.

  1. For start-up entrepreneurs, learn from fellow start-up entrepreneurs.

Are you a start-up entrepreneur who is experiencing struggles? Listen to the stories of fellow start-up entrepreneurs in the forums and together learn from the tips and advices of business experts.

  1. Network with peers.

Go Negosyo is expecting more than 5,000 delegates from different cities and provinces in the country. Expand your network and connect with fellow enterprising individuals.

  1. Evaluate business models in the exhibit area.

Filipina Entrepreneurship Summit will house an exhibit area which will be filled with booths of our partners, possible franchises, and other organizations supporting entrepreneurs.

  1. Regain focus to achieve goals.

From inspiration comes focus. With the insightful discussions and mentoring sessions, you can be motivated to evaluate your strategies to reach your goals for the business.

  1. Be empowered by Inspiring Filipina Entrepreneur Awardees.

Go Negosyo is also recognizing Inspiring Filipina Entrepreneurs who are indeed an inspiration to many for having the “Passionate, Positive, and Panalo” attitude. Because of their leadership and grit, they have improved their businesses and introduced positive changes in the process. They have also become an instrument to provide employment opportunities and livelihood to members of the community.

  1. Take part of the biggest mentoring session.

The 10th Filipina Entrepreneurship Summit will feature the biggest mentoring session with over 150 mentors in attendance. Get the chance to be mentored by entrepreneurs and business experts on site!

  1. Affordable registration fee. 

Compared to other conferences and summits, the 10th Filipina Entrepreneurship Summit is only at P800.00. It’s also FREE for students and teachers! This will be a full-day discussion of advocating women entrepreneurship.

  1. Hear insights from ASEAN speakers and mentors.

Planning of exploring the international market? Good news, there will be ASEAN mentors and speakers who will be imparting regional business landscape conditions and solutions.

Bonus!

Get to listen to the stories of celebrity-entrepreneurs Kris Aquino, Anne Curtis Smith-Heusaff, and Neri Miranda who will be sharing their insights on entrepreneurship as they take on this new role.

###

The Filipina Entrepreneurship Summit is an annual summit is centered on reinforcing the entrepreneurial spirit of the Filipino people, particularly the Filipina and recognizing their capacity to be agents of change and progress. It also aims to provide inspiration and support to the significance of women’s economic power by covering different entrepreneurship and empowerment topics to be highlighted by plenary talks and forums featuring prominent female personalities. Now on it’s 10th year, we invite you to be part of the biggest women negosyo summit and mentoring event of the year!

Interested participants may pre-register at www.tinyurl.com/FES10registration
For more info., please call ‎‎‎(02) 631-5001 or email filipinasummit.gonegosyo@gmail.com.

Forging a stronger partnership with India

Monday, January 29th, 2018
Business delegates of India and Philippines together with President Rodrigo Duterte.

Business delegates of India and Philippines together with President Rodrigo Duterte.

NEW DELHI, India — Since my appointment as Presidential Adviser for Entrepreneurship, I try to attend the presidential state visits as a member of the official delegation of President Rodrigo Duterte. But I always take my own flight as the adviser to the president, as I do not want the government to spend for me since all my work is pro bono.

I joined President Duterte, his economic team, and the business delegates during the state visit in India for the ASEAN-India Special Commemorative Summit and India’s Republic Day. I was glad to be part of the delegation as we strengthened our partnership with India.

We just finished the round-table meeting with President Duterte, Indian businessmen and our trade team led by DTI Sec. Ramon Lopez and Usec. Nora Terrado, who both did an amazing job in this engagement. This is the first time in 10 years that a Philippine president has visited India.

Joining the delegation are Federation of Indian Chambers of Commerce Philippines president Rex Daryanani and ASEAN-India Business Council head Johnny Chotrani. Rex is a dynamic leader who has harnessed the Indian Chamber well, which resulted in a partnership signing with the Indian Chamber of Commerce.

In his speech, President Duterte encouraged the Indian business community to invest in the Philippines. Many members of the business sector are already doing business in our country. Most of them are, in fact, in the BPO industry. Indians are also in the pharmaceutical industry and supply most of the generic drugs in the Philippines. The president was so engaged in the discussion that his team had to remind him that his plane was ready to take off.  You could really sense his passion as a leader, just like India’s Prime Minister Narendra Modi.

Prime Minister Modi graced the second day of our ASEAN Business and Investment Summit last Nov. 13, 2017, where he talked about the impressive programs of India for MSME development. Indian Ambassador to the Philippines Jaideep Mazumdar was instrumental in his participation.

I was also surprised to receive the Padma Shri award, India’s fourth highest civilian award, during the state visit. The award was conferred to commemorate the silver anniversary of India-ASEAN partnership. I was not informed about this prior to the trip, so it came as a big surprise. One individual from each ASEAN country received the recognition and I am honored to be the representative of the Philippines.

Members of the Federation of Indian Chamber of Commerce Philippines and Indian Chamber of Commerce posed for a photo with their fist bump, a trade mark shot of the Philippine President Rodrigo Duterte.

Members of the Federation of Indian Chamber of Commerce Philippines and Indian Chamber of Commerce posed for a photo with their fist bump, a trade mark shot of the Philippine President Rodrigo Duterte.

 

Presidential Adviser for Entrepreneurship Joey Concepcion with Foreign Affairs Secretary Alan Peter Cayetano and Federation of Indian Chamber of Commerce Philippines President Rex Daryanani.

Presidential Adviser for Entrepreneurship Joey Concepcion with Foreign Affairs Secretary Alan Peter Cayetano and Federation of Indian Chamber of Commerce Philippines President Rex Daryanani.

 

Trade Secretary Ramon Lopez with Marissa and Joey Concepcion.

Trade Secretary Ramon Lopez with Marissa and Joey Concepcion.

 

Sec. Ramon Lopez led the presentation of business agreements. In photo are Presidential Adviser Joey Concepcion, Special Assistant to the President Bong Go, President Rodrigo Duterte, Presidential Legal Counsel Secretary Salvador Panelo, Trade Undersecretary Nora Terrado, and PCCI Chairman George Barcelon.

Sec. Ramon Lopez led the presentation of business agreements. In photo are Presidential Adviser Joey Concepcion, Special Assistant to the President Bong Go, President Rodrigo Duterte, Presidential Legal Counsel Secretary Salvador Panelo, Trade Undersecretary Nora Terrado, and PCCI Chairman George Barcelon.

 

PA Joey Concepcion and wife Marissa with Rex and Angelica Daryanani and Secretary Ramon Lopez.

PA Joey Concepcion and wife Marissa with Rex and Angelica Daryanani and Secretary Ramon Lopez.

 

Manuel Louie Ferrer, Sec. Ramon Lopez, Edgar Saavedra, PA Joey Concepcion, Marissa Concepcion, Angelica Daryanani, and Rex Daryanani.

Manuel Louie Ferrer, Sec. Ramon Lopez, Edgar Saavedra, PA Joey Concepcion, Marissa Concepcion, Angelica Daryanani, and Rex Daryanani.

 

PA Joey Concepcion shared a lovely breakfast with former House Speaker and Congressman Sonny Belmonte. PA Joey suggested that Cong. Belmonte should hire someone to write a book about his life and leadership.

PA Joey Concepcion shared a lovely breakfast with former House Speaker and Congressman Sonny Belmonte. PA Joey suggested that Cong. Belmonte should hire someone to write a book about his life and leadership.

 

Cultural performances during the banquet for ASEAN leaders.

Cultural performances during the banquet for ASEAN leaders.

 

Special Assistant to the President Bong Go and PA Joey Concepcion

Special Assistant to the President Bong Go and PA Joey Concepcion

 

PA Joey Concepcion, Cathy Ileto, Usec. Nora Terrado, George Barcelon, and Johnny Chotrani

PA Joey Concepcion, Cathy Ileto, Usec. Nora Terrado, George Barcelon, and Johnny Chotrani

 

President Duterte encouraged Indians to continue doing business in the Philippines during the Presentation of Business Agreements.

President Duterte encouraged Indians to continue doing business in the Philippines during the Presentation of Business Agreements.

 

President Duterte gave a speech during the Presentation of Business Agreements.

President Duterte gave a speech during the Presentation of Business Agreements.

 

Some of the delegates of the Philippines-India Business Forum.

Some of the delegates of the Philippines-India Business Forum.

 

FICCI President Rex Daryanani and President Duterte. Also in photo is Secretary Ramon Lopez.

FICCI President Rex Daryanani and President Duterte. Also in photo is Secretary Ramon Lopez.

 

FICCI President Rex Daryanani led the partnership with Indian Chamber of Commerce.

FICCI President Rex Daryanani led the partnership with Indian Chamber of Commerce.

 

Fist bump photo with members of the Indian Chambers.

Fist bump photo with members of the Indian Chambers.

 

Indian businessmen together with President Duterte, PA Joey Concepcion, Sec. Ramon Lopez, George Barcelon, and Usec. Nora Terrado.

Indian businessmen together with President Duterte, PA Joey Concepcion, Sec. Ramon Lopez, George Barcelon, and Usec. Nora Terrado.

 

ASEAN Leaders during the intimate banquet hosted by Prime Minister Narendra Modi.

ASEAN Leaders during the intimate banquet hosted by Prime Minister Narendra Modi.

 

Colorful costumes completed the cultural performances.

Colorful costumes completed the cultural performances.

 

Marissa Concepcion, Eva Tejada, Usec. Nora Terrado and Angelica Daryanani.

Marissa Concepcion, Eva Tejada, Usec. Nora Terrado and Angelica Daryanani.

Singapore Assumes ASEAN BAC Chairmanship

Friday, January 26th, 2018
ASEAN BAC Philippines Chair Joey Concepcion hands over the ASEAN BAC flag to Dr. Robert Yap, the ASEAN BAC 2018 Chairman.

ASEAN BAC Philippines Chair Joey Concepcion hands over the ASEAN BAC flag to Dr. Robert Yap, the ASEAN BAC 2018 Chairman.

After the successful hosting of ASEAN’s 50th anniversary in the Philippines, Singapore takes over as chairman for 2018.

Last January 17, the Singapore Business Federation in partnership with the ASEAN Business Advisory Council Singapore hosted the ASEAN Outlook Conference which presented the perspectives on ASEAN’s market outlook as well as insights on trends and opportunities. The Conference was attended by Singapore’s Senior Minister of State Ministry of Trade and Industry and Ministry of National Development, Dr. Koh Poh Koon.

ASEAN BAC Philippines Chairman Joey Concepcion also participated in the discussion together with Dr. Robert Yap (ASEAN BAC Singapore), Arin Jira (ASEAN BAC Thailand), Oudet Souvannavong (ASEAN BAC Lao PDR), Nick Nash (SEA Limited) and moderated by Mr. Tay Woon Teck (RSM Singapore).

ASEAN Outlook Conference featured Dr. Robert Yap (ASEAN BAC Singapore), Joey Concepcion (ASEAN BAC Philippines), Arin Jira (ASEAN BAC Thailand), Oudet Souvannavong (ASEAN BAC Lao PDR), Nick Nash (SEA Limited) and was moderated by Mr. Tay Woon Teck (RSM Singapore).

ASEAN Outlook Conference featured Dr. Robert Yap (ASEAN BAC Singapore), Joey Concepcion (ASEAN BAC Philippines), Arin Jira (ASEAN BAC Thailand), Oudet Souvannavong (ASEAN BAC Lao PDR), Nick Nash (SEA Limited) and was moderated by Mr. Tay Woon Teck (RSM Singapore).

 

ASEAN BAC Philippines Chairman Joey Concepcion shared his insights on the discussion on ASEAN trends and opportunities.

ASEAN BAC Philippines Chairman Joey Concepcion shared his insights on the discussion on ASEAN trends and opportunities.

Following the conference was the networking night where Singapore’s Minister of Trade and Industry Lim Hng Kiang witnessed the ceremonial handing over of ASEAN BAC chairmanship from Philippines to Singapore.

Singapore Business Federation will act as their council’s secretariat which will plan out seminars, trade shows, and market-specific seminars and invite ASEAN government leaders and businessmen. While Philippines focused on inclusive growth and ‘prosperity for all’, Singapore will prioritize digitalization, one of their leading industry.

During his speech, ASEAN BAC 2018 Chairman Dr. Robert Yap focused on the impact of technology in the business landscape in ASEAN. “Technology is fast disrupting the business landscape globally. ASEAN is not spared from the impact of the new technology and new business models which have been disrupting many traditional businesses.” After mentioning technology companies in ASEAN such as SEA, Grab, GoJek, and Tokopedia, he added, “They are excellent examples to prove that digitalization wave is already in ASEAN and businesses would have to look at how to adopt, adapt, and advance.”

ASEAN BAC Chairman Dr. Robert Yap and ASEAN BAC Philippines Chair Joey Concepcion joined one forum of the ASEAN Outlook.

ASEAN BAC Chairman Dr. Robert Yap and ASEAN BAC Philippines Chair Joey Concepcion joined one forum of the ASEAN Outlook.

ASEAN BAC 2017 Chairman Joey Concepcion said, “We are glad to pass the baton to Singapore for 2018. I am assured that Singapore will continue to create programs which will equip more micro and small entrepreneurs and open them to the endless possibilities and opportunities using technology. We will pledge our support to their chairmanship just like how they have been a partner in ours.”

ASEAN BAC Singapore will be hosting the ASEAN Business Awards and the ASEAN Business and Investment Summit 2018.

ASEAN BAC Council Members together with Singapore's Minister on Trade and Industry Lim Hng Kiang.

ASEAN BAC Council Members together with Singapore’s Minister on Trade and Industry Lim Hng Kiang.

###

“How DTI is empowering MSMEs across the nation”

Friday, January 26th, 2018

GNSR Jan 24
On January 24, 2018, Go Negosyo sa Radyo hosts Sen. Bam Aquino & DJ Faith were joined by Asec. Bles Lantayona (Department of Trade & Industry), Clarke Nebrao (Go Negosyo Mentor), John Lloyd “Jolo” Quiaonza (Mentee, KMME Laguna), Charlene Bunbun (Business Counselor, Negosyo Center Laguna) and Engr. Merly Cruz (Go Negosyo Adviser for MSME Development) in an episode called “Serbisyong DTI: Tulay mo sa Tagumpay!”

Ties between Go Negosyo and the Department of Trade and Industry is centered on the current Secretary Ramon Lopez who was the previous Executive Director of Go Negosyo for over a decade. It is no wonder why many programs toward MSME (Micro, Small & Medium Enterprises) development have flourished nationwide under his term. Today, DTI is lauded as one of the best performing government agencies under Pres. Duterte’s administration.

DTI and Go Negosyo’s joint project called the Kapatid Mentor ME (Micro Entrepreneurs) program, launched in mid-2016, and has already impacted the lives of thousands of Filipinos nationwide. “KMME has already had 121 sessions in all the cities, provinces, and regions in the country. 19,853 MSMEs were able to attend the Mentor Me Program,” said Asec. Bles Lantayona.

Asec. Bles said that one of the biggest factors that has allowed the department to nationally scale the program were the emergence of hundreds of Negosyo Centers in almost every community in the Philippines. As of their last count, 774 branches have already been established nationwide. The centers have allowed DTI to bring their programs to Filipinos all over, at a faster and more efficient rate.

One of the people who has greatly benefited from the KMME program and Negosyo Centers is KMME Mentee Jolo Quiaonza of Laguna. “When I failed in my first business, I was wondering why I failed. The KMME program answered a lot of my questions and showed me why I initially failed. It taught me about the market, finance and product development,” Jolo shared.

Jolo’s mentor Clarke Nebrao attested to Jolo’s growth under the program. He shared that the first iteration of Jolo’s product—flavored leche flan—although unique, was too sweet and lacked branding and proper packaging. Under the KMME Program, Jolo’s product began to flourish and is now recognized by many in trade fairs. “Exposure was one of the most helpful things DTI provided,” Jolo said.

For Clarke, the KMME progam goes beyond the 12-weeks of intensive modules. He shares that a business community is formed around the program and centers where entrepreneurs become empowered because they now have a place for support and knowledge. “Mentees continually connect with their mentors. There is a support group and many entrepreneurs are becoming more empowered.”

Charlene Bunbun, a Business Counselor stationed in the Negosyo Center in Laguna, shares that the KMME program is not the only reason why you should go to your local center. Charlene shares that counselors like her help many entrepreneurs find the right services and information to help them with their business. In fact, Charlene first helped Jolo with his business, when the latter only had a DTI registration for his business. She helped him to register his business all the way up to the Bureau of Internal Revenue and is now helping him get his business—Spoonful Desserts—officially trademarked.

Something Charlene wants a lot of entrepreneurs to know is that the government is also working on providing many Filipinos with financial aid services aside from the mentoring and technical assistance programs in place. The Pondo sa Pagbabago at Pagaasenso will be available in Negosyo Centers nationwide and aims to replace the illegal five-six lending scheme to help Filipinos access legal financial solutions that leave them with copious amounts of debt.

Moving forward, Asec. Bles also shared that DTI  has gotten the support of the government to expand the Shared Service Facilities (SSF) program. From a budget of 200 million in the previous year, the program has now acquired a whopping 1 billion in budget for the department to expand its facilities nationwide. Many more programs and trainings will also be provided by DTI through the negosyo centers and a new program focused on youth entrepreneurship and product development will soon launch.

###

Passing the baton

Thursday, January 25th, 2018
New ASEAN BAC chairman Dr. Robert Yap with former ASEAN BAC chair Joey Concepcion

New ASEAN BAC chairman Dr. Robert Yap with former ASEAN BAC chair Joey Concepcion

Last year was a highlight year for MSME development as it was at the front and center of the ASEAN chairmanship of the Philippines. Both the government and the private sector, most especially the ASEAN Business Advisory Council, focused on programs that would equip our micro and small entrepreneurs and contribute to the ultimate goal of prosperity for all.

While it was a successful 50th anniversary chairmanship, we still need to pass the baton to the next country, Singapore, which will chair this year’s ASEAN. Singapore is known for its innovative, competitive and dynamic economy which has helped the country rise and become one of the leading economies in Southeast Asia.

Last week, I officially turned over the chairmanship to Dr. Robert Yap, executive chairman of logistics company YCH Group and now the current chairman of ASEAN BAC.

During the ASEAN Outlook Conference organized by the Singapore Business Federation and ASEAN BAC Singapore, together with co-council members Arin Jira (ASEAN BAC Thailand), Oudet Souvannavong (ASEAN BAC Lao PDR), and Nick Nash (SEA Limited), Robert and I shared our insights on trends and opportunities in the ASEAN market. It was the first event they organized for their chairmanship and it was even graced by their senior minister of State Ministry of Trade and Industry and Ministry of National Development, Dr. Koh Poh Koon.

Following the discussion was a networking night where I ceremonially handed the ASEAN BAC flag to Robert. The ceremony was attended by Singapore’s Minister of Trade and Industry Lim Hng Kiang.

Just like how Go Negosyo acted as the secretariat of the Philippines’ council, the Singapore Business Federation will be their council’s secretariat and will organize seminars, conferences and trade shows for ASEAN government leaders and businessmen.

In photo are moderator Tay Woon Teck (RSM Singapore) with Dr. Robert Yap (ASEAN BAC Singapore), Joey Concepcion (ASEAN BAC Philippines), Arin Jira (ASEAN BAC Thailand), Oudet Souvannavong (ASEAN BAC Lao PDR and Nick Nash (SEA Limited).

In photo are moderator Tay Woon Teck (RSM Singapore) with Dr. Robert Yap (ASEAN BAC Singapore), Joey Concepcion (ASEAN BAC Philippines), Arin Jira (ASEAN BAC Thailand), Oudet Souvannavong (ASEAN BAC Lao PDR and Nick Nash (SEA Limited).

In his speech, ASEAN BAC 2018 chairman Dr. Robert Yap focused on the impact of technology in the business landscape of ASEAN.

“Technology is fast disrupting the business landscape globally. ASEAN is not spared from the impact of the new technology and new business models which have been disrupting many traditional businesses,” Dr. Yap said. After mentioning technology companies in ASEAN such as SEA, Grab, GoJek and Tokopedia, he added, “They are excellent examples to prove that the digitalization wave is already in ASEAN and businesses would have to look at how to adopt, adapt and advance.”

As we all know, Singapore is one of the countries who has expertise in technology and digitalization. By focusing on this area, we can better create market linkages and facilities for our micro and small entrepreneurs. The traditional businesses, or the brick and mortar type of business models, are slowly being influenced to go digital so they will be able to cope with the changing market.

More and more companies incorporate digital solutions to improve their business processes. Just like how we are now leaning towards cashless transactions through digital payment solutions such as PayMaya or GCash, or by providing online platforms for MSMEs like Shopee or Lazada.

If we can create more digital business models and business solutions which our micro and small entrepreneurs can benefit from, we open them to endless possibilities and more opportunities. We improve their models, making them ready for ASEAN competition.

Together with the whole ASEAN BAC Philippines, we pledge our support to the chairmanship of Singapore. They have been a great partner during our time.

We look forward to how ASEAN BAC Singapore will host the ASEAN Business Awards and ASEAN Business and Investment Summit!

Go Negosyo & Convergys Celebrated A Harvest Festival for the Success of Agri Mentorship!

Friday, January 19th, 2018
Go Negosyo ARMM Programs Head Ginggay Hontiveros-Malvar with the Agri Model Farm sponsors, partners, and the IDP farmers pose for the Kapatid Angat Lahat photo opportunity.

Go Negosyo ARMM Programs Head Ginggay Hontiveros-Malvar with the Agri Model Farm sponsors, partners, and the IDP farmers pose for the Kapatid Angat Lahat photo opportunity.

Pakaradian ko Ragonan, Meranao for Harvest Festival, marked the success of the Go Negosyo-Convergys Agri-Model Farm Site 1 in Brgy. Abaga, Balo-i, Lanao del Norte last January 11, 2018. It celebrated the graduation of the 200 internally displaced farmers who have undergone a 3-month intensive farm training, and the announcement of the official registration of their agribased organization, Marawi-Balo-i United Farmers Association.

Initially aiming for the IDP communities to relieve the trauma of the siege while slowly easing into food self-sufficience, the agri-model farm with the newly-created association has now started prospects in sustainable agribusiness. Go Negosyo Kapatid for Agri sticks to its principle of 3Ms: Money, Market, and Mentorship in cultivating agripreneurship in the Lanao region.

Ginggay Hontiveros-Malvar, Go Negosyo’s Project Head for ARMM Projects and Adviser for Agri-Enterprises reminds everyone of the value of learning over dole-out financial interventions- “Here they gain knowledge, education, skill, discipline, capacity to create, and sustainable economic development- all of which can uplift them further than they had ever imagined possible.” This is supported by the remarks of Harbest AgriBusiness Corporation President, Toto Barcelona whose statement centered on the importance of patience and determination in the field of agriculture.

Presidential Adviser for Entrepreneurship Joey Concepcion has been supportive of agricultural developments. Go Negosyo has partnered with Department of Agriculture led by Secretary Manny Piñol to bring mentorship to our farmers.

Presidential Adviser for Entrepreneurship Joey Concepcion has been supportive of agricultural developments. Go Negosyo has partnered with Department of Agriculture led by Secretary Manny Piñol to bring mentorship to our farmers.

IDP farmer leading her fellow graduates with the flow of the graduation rites, and the program flow.

IDP farmer leading her fellow graduates with the flow of the graduation rites, and the program flow.

Marawi City Mayor Majul Gandamra delivers an inspirational message before his announcement of the additional livelihood assistance for the graduates.

Marawi City Mayor Majul Gandamra delivers an inspirational message before his announcement of the additional livelihood assistance for the graduates.

Partners, sponsors, and coordinators hold up okras after the ceremonial produce cutting which signaled the start of the program. (Photo taken by James Sumaran of Philippine Information Agency)

Partners, sponsors, and coordinators hold up okras after the ceremonial produce cutting which signaled the start of the program. (Photo taken by James Sumaran of Philippine Information Agency)

While many public and private sectors have expressed individual commitments to investing in efforts made in rebuilding Marawi, guest speakers have all agreed that cooperating peacefully in working towards one common goal is the answer in achieving true development even beyond the sieged city. The provincial governments of Lanao del Norte and Lanao del Sur, together with the local officials of both Marawi and Balo-i have signified support in the initiative and its plans of furthering sustainable agribusiness for economic development. Particularly noting Marawi City Mayor Majul Gandamra’s commitment of an additional livelihood assistance to the IDP farmer graduates which he hoped would help in their entrepreneurial ventures.

In a statement, Go Negosyo Founder and Presidential Adviser for Entrepreneurship Joey Concepcion proudly shared, “We are glad to contribute to the rehabilitation efforts in Marawi. Aside from our assistance to the displaced families, soldiers and armed forces, and bereaved families of the fallen soldiers during the Marawi siege a few months ago, we would like to extend Go Negosyo’s development efforts to the communities affected through our negosyo and mentoring programs.”

Expecting another farm site harvest festival by February, Kapatid for Agri prepares for a series of development efforts in the ARMM region which centers on rebuilding Marawi and the development of the IDPs. Together with its partners- Convergys, DOLE-TUPAD, Harbest, SM Foundation, Century Pacific Foods, Pilmico, Asia Brewery, AFP, PNP, PLGUs, LGUs, and the DA, Go Negosyo stays committed to its promise of achieving prosperity for all, in this case, agriculture being the game changer.

Catching the TRAIN: Epekto ng Tax Reform kay Juan

Thursday, January 18th, 2018

GNSR Jan 17
On January 17, 2018, Go Negosyo sa Radyo hosts Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla were joined by Go Negosyo Angelpreneurs Mon “The Tax Whiz” Abrea and Eric Caeg in a discussion about the effects of the Tax Reform Act on Filipinos.

Many Filipinos fear the new tax reforms are just a way to make their lives harder. However, as Mon Abrea puts it, the tax reform has been long overdue in order to update our tax system. Passing the bill into a law was a tedious task however, implementing the various components of the act is a little more complicated.

Above min. wage earners, get biggest benefit

Those earning minimum wage and below were already exempted from tax in previous system. However, those earning above the minimum wage have long argued that it has been difficult to prosper in the past because of the big cut tax gets from their income.

Now, with the adjusted tax brackets, many of those who are earning above minimum wage up to those earning 8 million a year, or the “ultra-rich,” will see that they will ultimately be able to take home more of their income. For example, those earning Php 21,000 as their monthly salary can expect to take home almost their entire paycheck (save for fees for services like PhilHealth).

Excise tax to go to gov’t infra projects

A big complaint of many Filipinos regarding the tax reform is the higher prices on gas, sweetened beverages, cigarettes and coal. For gas and coal, the increase on their prices also have very real implications on the price of electricity and other goods due to their effect on manufacturing.

However, Mon said that these increases are necessary in order to fund the government’s Build, build, build project and for the mitigating costs of implementing the reforms.

In order to ensure that the common Filipino and the poor don’t bear the brunt of these price increases, the government is working on subsidies in order to tide them over such as conditional-cash transfers. Also, many are putting pressure on employers to already implement the adjusted tax bracketing system, and for negosyantes not to take advantage of the tax increase by doubling the prices of their products.

Benefits for businesses

Many employers notice that many Filipinos no longer like getting promoted or regularized because of the harsh working conditions and little take home pay. According to Eric Caeg, it is possible that due to the adjusted tax bracket and increase in the take home pay of many, more Filipinos will be encouraged to take on promotions and be regularized. And a happy workforce is always good for any business.

Another sector that will benefit are those who are self-employed—freelancers, artists, lawyers, etc. They will be under the group who will have a withholding tax rate of 8% which they can file yearly or quarterly. The process will be made even easier through the tax whiz app launching soon wherein the filing process can be done entirely online!

###

Persevering Women Entrepreneurs

Thursday, January 18th, 2018
Presidential Adviser for Entrepreneurship Joey Concepcion with 15th Citi Microentrepreneurship Awards National Winner Merle Paete and Fr. Jovic Lobrigo of Microfinance Council of the Philippines.

Presidential Adviser for Entrepreneurship Joey Concepcion with 15th Citi Microentrepreneurship Awards National Winner Merle Paete and Fr. Jovic Lobrigo of Microfinance Council of the Philippines.

For the past years, I am honored to be part of many awarding ceremonies recognizing entrepreneurs from various sectors. One of which is the Citi Microentrepreneurship Awards presented by Bangko Sentral ng Pilipinas, Citi Foundation, Citi Philippines, and Microfinance Council of the Philippines Inc. I have been part of their National Selection Committee for many years already and I am glad that they have reached a milestone of 15 years of awarding outstanding micro entrepreneurs in the country.

Last year, they have searched for micro entrepreneurs who through the help of microfinance institutions and rural banks have scaled up to where they are today. Year by year, I am impressed and inspired by their perseverance and will to succeed. Indeed, with an enterprising mindset, an individual will succeed. But one thing I noticed as well in this search is that the majority of the nominees are women. If I remember correctly, the recent past winners are also women.

This year, the national winner is another Filipina entrepreneur. She is Merle Paete who is a manufacturer of pili nuts and its by-products. Merle, who hails from Sorsogon City, started her entrepreneurial journey as a sari-sari store owner in 2002. She soon expanded in the business of buying and selling pili nuts and women mats which she learned from her father.

Soon, she discovered another by-product of pili which is pili oil or locally known as lana. This oil is extracted from the pulp of the pili nuts and is used to improve skin conditions, regulate cholesterol levels and help in weight loss. She then bought additional three-hectare land to grow pili trees.

In her speech, she said, “Sa mga barangay sa malalayong isla man or mauunlad na siyudad sa Pilipinas, maraming nanay ang nagpupunyagi araw-araw upang makatulong sa asawa, magkaroon ng dagdag na kita at mapagtapos ang mga anak. “

She also shared that she is thinking of ways on how she can further help her community most especially the women whose main source of livelihood is also in pili nuts. To her, she is blessed to have the ability to help fellow entrepreneurs in her community. And with the livelihood that she is sharing, the mothers no longer worry about having food on their table or sending their kids to school.

This is one of the great characteristics of women entrepreneurs – their willingness to share and help other women earn a living.  According to DTI’s Sex Disaggregated Data 2016, 53% of the 579,794 registered MSMEs are led by women.

This is why we aim to empower women entrepreneurs.

On March 6, in line with the celebration of the National Women’s Month, we will once again host our annual Filipina Entrepreneurs Summit. This will be the 10th year of reinforcing the entrepreneurial spirit of Filipinas and recognizing them in their capacity to be agents of change and progress. Every year, we present successful Filipina entrepreneurs who can provide inspiration and support by sharing their stories of triumphs and struggles to fellow aspiring, start-up and micro and small entrepreneurs. As it is a milestone year for Go Negosyo and the Filipina Summit, we promise that this is the biggest women event of the year.

While many stories have been shared for the past years, there are a lot of inspiring entrepreneurial stories waiting to be told. Additionally, we are recognizing another batch of inspiring women entrepreneurs from different industries for being role models because of their passion and dedication in their crafts. The Inspiring Filipina Entrepreneurs Awards is an annual recognition of Filipina entrepreneurs who have taken the leadership role in their respective enterprises and led it to its growth and prosperity.

The search is on for the next Go Negosyo Inspiring Filipina Entrepreneur 2018!

The search is on for the next Go Negosyo Inspiring Filipina Entrepreneur 2018!

The Inspiring Filipina Entrepreneurs Awards is now accepting nominations and applications for this year’s search. An inspiring Filipina may or may not have come from humble beginnings but must embody the following characteristics: Passionate, Positive, and Inspiring. She must also have an innovative business model and must have the ability to care for her community through livelihood projects and entrepreneurship advocacy.

For interested applicants, you may visit the Go Negosyo website, www.gonegosyo.net or email us at gonegosyo.inspiringfilipina@gmail.com.

We hope that you can join us once again as we celebrate the successes of Filipina entrepreneurs!

Business People’s wishes for 2018

Monday, January 15th, 2018
Josephine Gotianun Yap (Filinvest), Alice Eduardo (Sta. Elena Construction and Development Corporation), and Winston Uy (Universal Leaf Philippines)

Josephine Gotianun Yap (Filinvest), Alice Eduardo (Sta. Elena Construction and Development Corporation), and Winston Uy (Universal Leaf Philippines)

“We wish for a year of peace, prosperity and progress for the Philippines and our countrymen.” – Josephine Gotianun Yap, Filinvest

For 2018, these are my wishes: more selflessness and peace in the world, more hopes realized, more efforts rewarded, more Filipinos with a better quality of life. For my children, nieces and nephews, I hope for them to find and keep purpose and to live lives that will contribute to the greater good.” – Alice Eduardo, Sta. Elena Construction and Development Corporation

“I wish for good weather and no calamities. Bountiful harvest for the farmers and no wasted resources of the government to alleviate calamities.” – Winston Uy, Universal Leaf Philippines

Cecilio Pedro (Lamoiyan Corporation), Marife Zamora (Convergys Philippines), and Manny Ayala (Endeavor Philippines)

Cecilio Pedro (Lamoiyan Corporation), Marife Zamora (Convergys Philippines), and Manny Ayala (Endeavor Philippines)

“My wish is for our country to continue the path towards prosperity. Hoping more small and medium companies will benefit from the entrepreneurship programs of Go Negosyo. Praying the anti red tape bill will take off so more businesses could get permits instantly and generate jobs for our countrymen. Lastly, may our Lord continue to be gracious to all of us and let there be peace in our country.” – Cecilio Pedro, Lamoiyan Corporation

“In the hope that 2018 represents at least the start of a turning point, I offer these wishes. (1) Everyone in the world stand up for the rule of law; (2) the well-being of humanity keeps getting better.  People live well and freely.  We devote 2% or more of our philanthropic dollars to climate change; (3) democracy thrives.  Creeping authoritarianism remains a major threat; (4) everyone finds an escape.  I hope all of us find ways to escape our exhausting political times as well as our all-consuming digital technologies and enjoy ourselves. Take advantage of cheap, delicious and healthy food.  Test drive a semi-autonomous car to get a feel of the future.  And when in doubt, spend time with family and friends; and lastly, (5) the Philippines is a wonderful country in which the values of our Constitution are lived actively.  A country that is strong and economically successful, in which people have work or thriving business more than ever.” – Marife Zamora, Convergys Philippines

“My wish for 2018: To find at least 6 more High Impact Entrepreneurs in the Philippines that Endeavor can support by giving them access to mentoring, markets, capital and talent.” – Manny Ayala, Endeavor Philippines

Rey Lapid (R.Lapid’s Chicharon and Barbecue), Patty Chilip (Standard Insurance), Annabella Wisniewski (Raintree Group)

Rey Lapid (R.Lapid’s Chicharon and Barbecue), Patty Chilip (Standard Insurance), Annabella Wisniewski (Raintree Group)

“My hopes to continue the rebuilding of our country. Decrease unemployment by creating more job opportunities and build potential entrepreneurs through various MSME mentorship and assistance programs. Nationwide innovations to produce world-class products and services.” – Rey Lapid, R.Lapid’s Chicharon and Barbecue

“For 2018, I am hopeful that we can work together as a country to uplift the lives of the marginalized. What is heartening is that everyone is helping another – whether relative, scholar, a neighbor or friend. We are a generous and loving people and I pray that we are able to progress further as a nation through education, business, and hard work.” – Patty Chilip, Standard Insurance

“My sincerest wish for 2018 is for our country to FINALLY get its act together.  For our people, especially those in power, to put the country’s welfare before selfish personal interests to think long term versus short term, & to actively initiate & participate in programs to improve the lives of those still left behind. On a personal basis, I pray for continued good health for truly, health is wealth.” – Annabella Wisniewski, Raintree Group

Myrna Yao (Richprime Global), Steve Benitez (Bo’s Coffee), and Arsenio Barcelona (Harbest Corporation)

Myrna Yao (Richprime Global), Steve Benitez (Bo’s Coffee), and Arsenio Barcelona (Harbest Corporation)

“My wishes this 2018 are to have peace in the world, continuous economic growth for our country and may God protect our country from any disaster.” – Myrna Yao, Richprime Global

“For my industry, may the establishment of the Philippine Coffee Council bring all stakeholders together to realize the goals of the Philippine Coffee Road Map. For the country, may peace prevail and our economy grow even stronger and its impact felt all the way down to the grassroots level.” – Steve Benitez, Bo’s Coffee

“2018 will open doors to young entrepreneurs as big brothers and big sisters will share their life’s experiences of success and failures in business. It will be an eye and heart opener for both young and old. It will be a year of sharing and empowerment.” – Arsenio Barcelona, Harbest Corporation

Cong. Arthur Yap (House of Representatives), Corazon Dayro-Ong (CDO Foodsphere), and Atty. Gianna Montinola, Far Eastern University

Cong. Arthur Yap (House of Representatives), Corazon Dayro-Ong (CDO Foodsphere), and Atty. Gianna Montinola, Far Eastern University

“Less politics, more business. Less talk, more work. Less finger-pointing, more hand-holding.  Less sickness, more health. Less greed, more gratitude. Less war, more peace. Problems will come and we will always be tested, but I pray that we will be given the strength and grace to survive our trials. I wish all prosperity and success in 2018.” – Cong. Arthur Yap, House of Representatives

“I continuously pray for good health, strength and wisdom for our family. For CDO Foodsphere, I wish nothing else but a solid foundation of growth and continued success not only for the upliftment of the lives of our stakeholders but co-workers as well. And for the country, my wish is for the Philippines to be able to move forward with leaders who are genuinely committed to serve our countrymen.” – Corazon Dayro-Ong, CDO Foodsphere

“As we look ahead to a new year, I wish we could all work together to bridge our differences and volunteer to find meaningful ways to create lasting impact in our poor communities and in our country.” – Atty. Gianna Montinola, Far Eastern University

Yati Abdullah (DHL Express Philippines), Samie Lim (Blims Furniture), Tony Meloto (Gawad Kalinga)

Yati Abdullah (DHL Express Philippines), Samie Lim (Blims Furniture), Tony Meloto (Gawad Kalinga)

“May 2018 be a year of remarkable prosperity for businesses across diverse industries and homegrown enterprises nationwide, especially the SMEs that are ready to claim their stake on the immense growth potential in e-commerce. We live in such an exciting time when disruptors are welcomed and seen as opportunity for even the most established brands to think on their feet and cope to improve and thrive.” – Yati Abdullah, DHL Express Philippines

“I look forward to the coming of the ‘ Golden era for the MSME’s.’ When the government through DTI, then the private sector lead by PCCI and Go Negosyo converge and finally put their act together to built a sustainable strong middle class, that will bring us eventually to a ‘first world status.” – Samie Lim, Blims Furniture

“My wish for 2018: To achieve sustainable prosperity and peace in the Philippines by creating inclusive wealth through social entrepreneurship, promoting a patriotic market for top quality Philippine made products, developing our supply chain in self-reliant and self-sufficient rural farming communities, raising the new middle-class from the aspiring and hardworking Filipinos from the BOP (Bottom of the Pyramid). May we be one heart and one mind in building a prosperous nation through caring and sharing that truly honors God who gave us the privilege of being Filipino.” – Tony Meloto, Gawad Kalinga

Alegria Limjoco (Philippine Chamber of Commerce and Industry), Richard Sanz (Philippine Franchise Association), and Kat Luna-Abelarde (PLDT Global Corporation)

Alegria Limjoco (Philippine Chamber of Commerce and Industry), Richard Sanz (Philippine Franchise Association), and Kat Luna-Abelarde (PLDT Global Corporation)

“As our economy grows from good to great, may PCCI be an instrument in uplifting the plight of Filipino businesses in order to serve as big brothers to our small brothers. the MSMEs.  Hence, create a stronger middle class.” – Alegria Limjoco, Philippine Chamber of Commerce and Industry

“For 2018, I foresee that 2018 will be the year that Philippine MSME’s will finally start to bloom, expand, and level up to provide the much-needed inclusive growth. Picture this, if the MSME’s grow, millions of jobs and trade opportunities will open up, and fellow Filipinos won’t need to go abroad because the opportunities are right here in our own land! Families won’t be separated, the next generation will be well-guided by both their parents, and so on. And we Filipinos will gain the reputation, dignity, and pride we deserve, not a nation of servers, but a nation of builders! 2018 will definitely bring us closer to our common dream of bringing prosperity to all Filipinos especially with the support of President Duterte through the efforts of PA Joey and Sec. Mon Lopez. That’s why the Philippine Franchise Association (PFA) is strengthening its role to the country by developing dynamic programs to assist MSME’s in the restaurant, retail, and service sectors level up and grow thru franchising. Mabuhay and wishing a prosperous new year to all Filipino entrepreneurs!” – Richard Sanz, Philippine Franchise Association

“What a wonderful journey we find ourselves in, and it can only get better! May our Leaders be gifted with the mental tenacity and physical resilience to shepherd our people towards sustainable progress. May our children – our future –  be raised with a deeper sense of “malasakit” — Global Awareness, Love for Country, and Empathy towards others. May we all find our life-purpose and have the courage to live it. And that in all things, God May Be Glorified.” – Kat Luna-Abelarde, PLDT Global Corporation

Mylene Abiva (FELTA), Rommel Juan (Binalot), and Former Trade Secretary Greg Domingo

Mylene Abiva (FELTA), Rommel Juan (Binalot), and Former Trade Secretary Greg Domingo

“I wish the Filipino youth will be globally competitive in Science, Technology, Engineering and Mathematics (STEM) relevant workforce. All Philippine schools adopt robotics integrated education in the grass roots level. And, I continue to spread the importance of the 5 P’s (Positive, Proactive, Physically fit, Passionate, and Prayerful) to the success in personal and business challenges.” – Mylene Abiva, FELTA

“I wish for more branches to open for BINALOT in country and abroad. I wish that the the country continuous to enjoy the economic progress that we are currently experiencing. And that more foreign investments come with the help of our Super Secretary Mon Lopez , PA Joey and the Go Negosyo community.” – Rommel Juan, Binalot

“Wishing for good health and lots of love all around!” – Former Trade Secretary Greg Domingo

Josiah Go (Mansmith and Fielders), Joy Abaquin (Multiple Intelligence School International), and Federico Moreno (Xcess Salon)

Josiah Go (Mansmith and Fielders), Joy Abaquin (Multiple Intelligence School International), and Federico Moreno (Xcess Salon)

“I wish companies will allow their employees to teach in school or do community service during office time.” – Josiah Go, Mansmith and Fielders

“For 2018 my wish is true PEACE and PROGRESS for every family, for our communities and for our country. I pray that as Filipinos, we will put our love for country in action, by building inclusive businesses, promoting equitable practices, and showing genuine love for neighbor. As an educator, I hope that more youth entrepreneurs will make a difference for our country!” – Joy Abaquin, Multiple Intelligence School International

“I wish for our country’s continued phenomenal economic growth and for the alleviation of the lives of our less fortunate Filipino brothers and sisters. My wish for my children is for them to continue to appreciate the love of God and that they would be strengthened by it and for them to pass on this love to the people they encounter everyday through their kindness and humility.” – Federico Moreno, Xcess Salon

Romy Bernardo (Lazaro Bernardo Tiu / RL Bernardo Associates), Glenn Yu (Seaoil Philippines), and Rommel Sytin (Foton Motor Philippines)

Romy Bernardo (Lazaro Bernardo Tiu / RL Bernardo Associates), Glenn Yu (Seaoil Philippines), and Rommel Sytin (Foton Motor Philippines)

“My wishes include: much more activity under Build Build Build (BBB), government’s massive P8.1 trillion medium-term infrastructure program that has been likened to a battleship that will be hard to stop once it has gathered momentum; passage of Package 2 of the Duterte Administration’s Comprehensive Tax Reform Program. Package 2 seeks to lower the corporate income tax rate (CIT), currently at 30% and higher than the statutory tax rates in most ASEAN economies; and moderate inflation pressures that will give the BSP more freedom to manage domestic and external risks, including tightening global financial conditions expected to accompany a wider current account deficit. – Romy Bernardo, Lazaro Bernardo Tiu / RL Bernardo Associates

“I for one would like for 2018 to pass more slowly, so that I can truly appreciate and think about, learn and understand each experience, each encounter, each moment – this to me is about making LIFE more intentional and meaningful. A friend shared with me this quote from John Maxwell, “Learning to write is learning to think. You don’t know anything clearly unless you can state it in writing.” So I’m committed to going back to journaling this year.  Something that I used to do, but admittedly have not been able to over the past year.” – Glenn Yu, Seaoil Philippines

“My wish is that the country will continue to prosper and improve the lives of people living in the poverty line. Peace in the universe and our nation. Our President continue to be guided by the good Lord to help our country move leaps and bounds.” – Rommel Sytin, Foton Motor Philippines

Mga Patok na Negosyo this 2018!

Thursday, January 11th, 2018

Radio Synthesis 17 Patok na Negosyo 2018
For the third year in a row, Go Negosyo sa Radyo hosted by Sen. Bam Aquino & DJ Cheska San Diego-Bobadilla were joined by Motivational Speaker and Go Negosyo Angelpreneur Mr. Paolo “EntrepChamp” Tibig for one of the most anticipated episodes yearly. As best-selling author of Strategies of a Champion Entrepreneur, Mr. Tibig knows a thing or two (more like ten) about the business industry and what type of industries are on the rise.

So here’s the definitive list of the 10 BUSINESS IDEAS for 2018 for those aspiring entrepreneurs looking to start their first venture, or for veterans who are seeking to expand their businesses further (lifted directly with some edits from http://www.paulotibig.com.ph/):

'Entrep Champ' and Go Negosyo angelpreneur Paulo Tibig joins Go Negosyo sa Radyo hosts Sen. Bam Aquino & DJ Cheska for an insightful discussion about "Patok na Negosyo for 2018".

‘Entrep Champ’ and Go Negosyo angelpreneur Paulo Tibig joins Go Negosyo sa Radyo hosts Sen. Bam Aquino & DJ Cheska for an insightful discussion about “Patok na Negosyo for 2018”.

1. M-COMMERCE
This is very consistent and relevant to “Convenience Concept” where you bring goods/services right in your doorstep. This business will continue to grow year in, year out.

M-Commerces is the buying and selling of products and services thru wireless handheld devices such as mobile phones and tablets. It’s the next generation E-Commerce that enables the user to access the internet without needing to find a place to plug-in. In other words, sooner, we will see businesses more on our mobile phones, in our fingerprints and pockets.

Disruption Eruption – Industries that have been disrupted already (Transport, Consumer, Logistics etc.) and so we will see each other industries that will be disrupted too.

2. CAR, CAR CARE AWAY
The perennial problem in mass transport have given “ride-sharing system” rise in recent years. More than 100,000 units of Transport Network Vehicle Services (TNVS) and thousands more new vehicles are on the road. Car care business may be for you.

Examples: Repairs & Maintenance, Vehicle Parts/Accessories, Car Care/Detailing, Car Wash

3) PETmanlung maluPET
Based on studies, pets play a role in maintaining good psychological and emotional well-being in us. This is reason enough why we have seen many Filipinos have their own pets.

Examples: Pet grooming/care, accessories, pet foods, pet wellness

4) AGRICOOLTURE
Kung dati ayaw sa agri, ngayon we now agree that its cool to be in business of agriculture.  I love agripreneurship and I call this as an “Infinity Business” kasi walang katapusan.

Examples: Free-range farming, organic produce, high-valued crops cacao, contract growing hog-raising, goat-raising, duck-raising.

5) TREASURES OF THE PROVINCES
More than ever, it’s MSME’s turn to hit big! Thanks to the present administration’s thrust of helping and promoting micro entrepreneurs with DTI at the helm, DOST, DA and so many agencies are also helping out. Negosyo centers provide mentoring from product development branding, marketing to business matching.

Examples: Food products, fashion accessories, house decors, furniture and fixtures

6) BUILD ME UP, CONSTRUCTION UP!
Horizontal and vertical projects are literally mushrooming not just in GMA but, all over the country.  This particular business, while traditional is always in demand specially when the country’s Build, build build infrastructure program takes off.

Examples: Hardware, construction trading, construction related services

7) TOURISM RELATED BUSINESSES
Access to traveling is now more convenient as airlines lower their fares with more destinations and routes. New means such as RORO (roll-on, roll-off) and new road infrastructures landing to more tourist spots.

Local government units (LGUs) also pursue campaigns to promote their local tourism & products. So do not discount local tourists from the equation!

With more than 70M domestic trips and 6M foreign tourist arrivals last year, tourism is expected to increase this 2018.

Examples:  Lodging (Capsule Concept, Hostel, Transient Houses) Restaurants, Transport Travel and Tours, Souvenir Items.

8) TLC (TUBIG (WATER REFILLING), LAUNDRY, CLEANING SERVICES)
Lately, we see condominiums and residential townhouses all over making TLC businesses integral in any new communities. Even coin-operated laundry services are now available for busy people like you!

9) HEALTHY WEALTHY
Filipinos now are more cautious in the food they eat and conscious on their well-being. 6 out 10 Filipinos are willing to pay for quality food since they were “very particular about what they put in their bodies” paving the way for huge income potential.

Examples: Health supplements/products, Wellness/Fitness Program and Nutritional healthy meals

10) OUTSOURCE AND BE YOUR SOURCE
Most companies realized the benefits of outsourcing their business operations. Outsourcing provides greater productivity and lesser operational expenses. Aside from manpower, many business services are now being outsourced.

Examples: Retail, toll-processing, finance/accounting, customer services