DTI and ASEAN BAC Pushes for MSME Development

July 24th, 2017
RJ Ledesma, Le Duy Binh (Chief Economist of Economica Viet Nam), Fatin Arifin (Vice President of Young Entrepreneurs Association of Brunei), Sec. Ramon Lopez, Cecilio Pedro, Dr. Benjamin Quinones (Chairman of Asian Solidarity Economy Council), and PA Joey Concepcion.

RJ Ledesma, Le Duy Binh (Chief Economist of Economica Viet Nam), Fatin Arifin (Vice President of Young Entrepreneurs Association of Brunei), Sec. Ramon Lopez, Cecilio Pedro, Dr. Benjamin Quinones (Chairman of Asian Solidarity Economy Council), and PA Joey Concepcion.

Last Friday, MSMEs were once again put on the spotlight as the Department of Trade and Industry hosted the ASEAN 2017 MSME Development Summit, a part of the ASEAN @ 50 activities under the Philippine chairmanship. ASEAN Business Advisory Council is in full support of this program for MSMEs.

Trade Secretary Ramon Lopez, who was one of the staunch MSME champions in the country since his time with Go Negosyo reiterated the role of MSMEs in the growing economy not just in the country, but also across the ASEAN region. He said, “Growth can only be successful if we empower the bottom of the pyramid.” He shared stories of how some entrepreneurs started from being small to successfully leveling up.

I was honored to be part of the forum discussing the goal of ASEAN which is providing prosperity for all. I was joined by Dr. Hafsah Hashim, CEO of SME Corporation Malaysia; Senator Juan Miguel Zubiri, Chair of Senate Committee on Trade Commerce and Entrepreneurship; Mr. Kurt Wee, President of Association of Small and Medium Enterprises Singapore; and Gov. Nestor Espenilla Jr., Governor of Bangko Sentral ng Pilipinas.

As I have shared during my speech, The power of mentorship is the key to helping us succeed.” This is why aside from the DTI-Go Negosyo Kapatid Mentor ME program, one of the successful private-public partnership programs, ASEAN BAC established the ASEAN Mentorship for Entrepreneurs Network (AMEN) which will create the largest pool of mentors across the region.

It is exciting to know that we all have one vision for the MSMEs and that is for them to become an integral part of the economy, for them to be embraced by a greater market making them level up. Our advocacy in partnership with DTI remains constant in brooding the efficiency of entrepreneurial culture in our country.

By bringing together private and public sectors, the government, enablers and the taking MSMEs to another level, we can have the prosperity for all. This is the start of an affluent change and productivity of the MSMEs in our country. We are working hard to empower MSMEs to excel, for them to become part of our developing economy and by putting them in the forefront of the business.

The whole day discussion of the 7Ms (Mindset, Mastery, Mentoring, Markets, Money, Machines and Models) were all for one mission – for MSMEs to achieve prosperity.

Usec. Zenaida Maglaya opened the program introducing the MSME Development Summit's theme.

Usec. Zenaida Maglaya opened the program introducing the MSME Development Summit’s theme.

Trade Secretary Ramon Lopez shared that MSME development is part of the Duterte administration's economic agenda. He said, "This is intetgral part of President Duterte's plan to achieve inclusive growth and prosperity for all and uplift all the quality of life for all Filipinos."

Trade Secretary Ramon Lopez shared that MSME development is part of the Duterte administration’s economic agenda. He said, “This is intetgral part of President Duterte’s plan to achieve inclusive growth and prosperity for all and uplift all the quality of life for all Filipinos.”

Presidential Adviser for Entrepreneurship and ASEAN Business Advisory Council Chairman Joey Concepcion discussed the importance of mentoring for MSMEs.

Presidential Adviser for Entrepreneurship and ASEAN Business Advisory Council Chairman Joey Concepcion discussed the importance of mentoring for MSMEs.

Sen Miguel Zubiri who is the chair of the Senate Committee on Trade, Commerce, and Entrepreneurship stressed that MSMEs must be resilient. "Tjere are many stories of those who have not been successful in their first attempt. Be resilient, you will come through many obstacles, but when you survive, you win."

Sen Miguel Zubiri who is the chair of the Senate Committee on Trade, Commerce, and Entrepreneurship stressed that MSMEs must be resilient. “Tjere are many stories of those who have not been successful in their first attempt. Be resilient, you will come through many obstacles, but when you survive, you win.”

Mr. Kurt Wee, President of Association of Small and Medium Enterprises in Singapore advised MSMEs to define their "gameplay." He said, "If you can perceive it, you can achieve it. If you can't see it, your team can't do it. When you see it in your mind, you can drive it to happen."

Mr. Kurt Wee, President of Association of Small and Medium Enterprises in Singapore advised MSMEs to define their “gameplay.” He said, “If you can perceive it, you can achieve it. If you can’t see it, your team can’t do it. When you see it in your mind, you can drive it to happen.”

Bangko Sentral ng Pilipinas Governor Nestor Espenilla also joined the keynote forum discussing how the Philippines has opened the market for financing institutions.

Bangko Sentral ng Pilipinas Governor Nestor Espenilla also joined the keynote forum discussing how the Philippines has opened the market for financing institutions.

Datuk Dr. Hafsah Hashim, CEO of SME Corporation Malaysia related the growth of MSMEs in the region by comparing it to the statistics 10 years ago.

Datuk Dr. Hafsah Hashim, CEO of SME Corporation Malaysia related the growth of MSMEs in the region by comparing it to the statistics 10 years ago.

One of the Go Negosyo advocates, Cecilio Pedro of Lamoiyan Corporation was part of the discussion on promoting mindset of MSMEs.

One of the Go Negosyo advocates, Cecilio Pedro of Lamoiyan Corporation was part of the discussion on promoting mindset of MSMEs.

Dean Pax Lapid, Rex Daryanani, Asec. Bles Lantayona, and PA Joey Concepcion.

Dean Pax Lapid, Rex Daryanani, Asec. Bles Lantayona, and PA Joey Concepcion.

Rex Daryanani, Sen. Migz Zubiri, PA Joey Concepcion, and Sec. Ramon Lopez.

Rex Daryanani, Sen. Migz Zubiri, PA Joey Concepcion, and Sec. Ramon Lopez.

 Cecilio Pedro, Marife Zamora, PA Joey Concepcion, and Emma Imperial.

Cecilio Pedro, Marife Zamora, PA Joey Concepcion, and Emma Imperial.

Jay Yuvallos, Chairman of MSME Working Group of ASEAN BAC, said that MSMEs must develop self-mastery.

Jay Yuvallos, Chairman of MSME Working Group of ASEAN BAC, said that MSMEs must develop self-mastery.

Dean Pax Lapid was part of the session on Master and Mentoring toward competitiveness and resilience.

Dean Pax Lapid was part of the session on Master and Mentoring toward competitiveness and resilience.

ASEAN Coordinating Committee on MSMEs Chairman and Business Advisory and Services Darussalam Enterprise Head Norlela Suhailee said "Each country should really open up to the best practices of other ASEAN member countries."

ASEAN Coordinating Committee on MSMEs Chairman and Business Advisory and Services Darussalam Enterprise Head Norlela Suhailee said “Each country should really open up to the best practices of other ASEAN member countries.”

PA Joey Concepcion, Dean Pax Lapid, Thomas Suhartono (ASEAN BAC Indonesia Chairman), Norlela Suhailee, Sec. Ramon Lopez, Karen Davila, and Jay Yuvallos.

PA Joey Concepcion, Dean Pax Lapid, Thomas Suhartono (ASEAN BAC Indonesia Chairman), Norlela Suhailee, Sec. Ramon Lopez, Karen Davila, and Jay Yuvallos.

Dr. Ciel Habito, PA Joey Concepcion, Sec. Ramon Lopez, Sen. Bam Aquino, Gov. Nestor Espenilla, George Barcelon.

Dr. Ciel Habito, PA Joey Concepcion, Sec. Ramon Lopez, Sen. Bam Aquino, Gov. Nestor Espenilla, George Barcelon.

Jaime Garchitorena of Credit Information Corporation joined the discussion on Money.

Jaime Garchitorena of Credit Information Corporation joined the discussion on Money.

Rj Ledesma, Usec. Nora Terrado, Sec. Ramon Lopez, Datuk Dr. Hafsah Hashim, Moe Kyaw, Reese Ruiz and PA Joey Concepcion.

Rj Ledesma, Usec. Nora Terrado, Sec. Ramon Lopez, Datuk Dr. Hafsah Hashim, Moe Kyaw, Reese Ruiz and PA Joey Concepcion.

Salve Duplito, Frans Purnama (Indonesia Microfinance Association), Sec. Ramon Lopez, Jaime Garchitorena, Nicole Paterno (1000 Angels), Griselda Santos (World Bank - IFC), and PA Joey Concepcion.

Salve Duplito, Frans Purnama (Indonesia Microfinance Association), Sec. Ramon Lopez, Jaime Garchitorena, Nicole Paterno (1000 Angels), Griselda Santos (World Bank – IFC), and PA Joey Concepcion.