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DTI launches BN ePayment Facility In an effort to further improve the ease doing business in the Philippines, the Department of Trade and Industry (DTI) launched the electronic payment (ePayment) facility for business name (BN) registration at the Board of Investments (BOI) Audio-Visual Room (AVR) in Makati City on January 20, 2014. In his keynote message, DTI Secretary Gregory L. Domingo said that the ePayment facility for BN registration is one of DTI’s projects that aim to simplify the process of dealing with the government as entrepreneurs start and run their businesses. “We are confident that our facility will give a boost particularly to micro, small, and medium-sized enterprises because business registrations would become more accessible,” Domingo said. Meanwhile, DTI Undersecretary for Management Services Group (MSG) Nora K. Terrado said, “We are happy to announce that an online business service for sole proprietorship is now end-to-end with the addition of ePayment.” Terrado cited DTI’s partnership with BancNet; Globe Xchange, Inc. (GXI); Development Bank of the Philippines (DBP); and Landbank of the Philippines (LANDBANK) for this endeavor. A live hands-on demo was presented by Philippine Business Registry (PBR) Program Director Ernani M. Dionisio with two actual applicants at the venue.
Department of Trade and Industry (DTI) Secretary Gregory L. Domingo, together with Undersecretary for Management Services Group (MSG) Nora K. Terrado, presents a printed Business Name (BN) Certificate to new BN applicants, Fairly-Priced General Merchandise Owner Krystalle Carren R. Refe (left) and DJNC Meriendahan Owner Noemi P. Estrada (right), after the ePayment Hands-on Demo at the BOI AVR on January 20, 2014. Do you have an inspiring story to share with the DTI family? Is there a DTI staff or experience you want to brag about? Please tell us by e-mail to firstname.lastname@example.org.
No.3 ▪ January 27, 2014
Fairly-Priced General Merchandise Owner Krystalle Carren R. Refe of Quezon City paid her BN registration through G-Cash. Meanwhile, DJNC Meriendahan Owner Noemi P. Estrada of Las PiĂąas City paid her BN fees through BancNet, the countryâ€™s largest electronic banking
consortium with 113 members and affiliates. Both applicants received their approved and printed BN certificates in less than
15 minutes. For his part, National Competitiveness Council (NCC) Private Sector Co-Chairman Guillermo M. Luz said that better systems like ePayment lead to increased competitiveness, more investments, and stronger economy.
DTI Secretary Gregory L. Domingo (4th from left) and DTI Undersecretary for MSG Nora K. Terrado (3rd from left) hand certificates of appreciation to representatives of ePayment partners: (l-r) Landbank of the Philippines (LBP); Globe Xchange, Inc. (GXI); BancNet Inc.; and Development Bank of the Philippines (DBP), during the launching of ePayment Facility for business name (BN) registration at the Board of Investments (BOI) Audio Visual Room (AVR) in Makati City on January 20, 2014. #