VOL. 9 ISSUE 186 • FRIDAY, NOVEMBER 11, 2016
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P 15.00 • 20 PAGES USED TIRE RACE. Young boys try to outrun each other in a race using old motorcycle tires inside Sta. Ana Port area in Davao City yesterday. Boys used to be crazy about this race before the advent of the internet and digital gadgets. Lean Daval Jr.
GOING GLOBAL MSMEs set to expand business in international markets By JERMAINE L. DELA CRUZ
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HEMED, “Growing Global MSMEs”, micro, small, and medium enterprises (MSMEs) gathered for the 3rd National MSME Summit on November 10 to 11, 2016 at the SMX Davao Convention Center, Lanang, Davao City. The summit was spearheaded by the Department of Trade and Industry (DTI) through the Micro, Small and Medium Enterprise Development Council (MSMEDC) and in cooperation with the Philippine Center for Entrepreneurship (PCE) — Go Negosyo. DTI Regional Operations Group Undersecretary Zenaida Maglaya viewed the summit as an opportunity to discuss gaps, challenges, and opportunities in developing and improving
the participation of MSMEs in the local and global markets. “We also look at it as an avenue to come up with new strategies and identifying policy recommendations that will help the local enterprises move up the value chain,” she added. The undersecretary pointed out that the country’s MSMEs, which make up 99.6% of the Philippine enterprises, have the potential to create productive employment and promote economic growth as they become part of the global supply chain. “By participating and engaging MSMEs to various MSME development initiatives of the government, DTI aims to empower them to become more competitive and innova-
tive to foster their participation in the global markets,” Maglaya said. Mary Ann Montemayor, MSME private sector representative for Mindanao and President of Davao Ecocrafts Association, stressed during her welcome speech the importance of DTI’s GO Negosyo’s Kapatid Angat Lahat Program, an initiative aiming to develop programs that partner MSMEs with established medium and large enterprises as part of their value chain in order to sustain inclusive growth. “Kapatid Angat Lahat Program will largely assist our MSMEs to become sustainable entrepreneurs and not just surviving entrepreneurs”, said Montemayor with reference to
the program founder Joey Conception. The summit highlighted sessions on promoting creativity and innovation, inclusive financing, enhancing productivity and efficiency, and entrepreneurial ecosystem for MSMEs. The event also served as the culminating activity of the various MSME activities and regional and provincial consultations conducted across the country as presented by USec Maglaya on the MSME Development Report 2011-2016. The results of the recent report and the outputs of the summit were consolidated to craft the new framework for MSME development dubbed, “Philippine MSME Development Plan 2017-2022”.
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