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Thursday, December 28, 2023

Antique Province Witnesses Surge in Business Registrations, Expects Growth in 2023



SAN JOSE DE BUENAVISTA, Antique – The Department of Trade and Industry (DTI) provincial office in Antique has reported 2,439 business registrations for the previous year.

DTI officer-in-charge Mutya Eusores mentioned on Thursday that they expect to surpass last year's business registrations with a few days still remaining in the current year.

Eusores stated in an interview, "The business names processed are either newly opened or reopened this 2023."

The province is witnessing a surge in business registrations, primarily led by micro, small, and medium entrepreneurs (MSMEs). Eusores noted that more small business owners are taking steps to legitimize their operations by registering with various government entities.

Most of these MSMEs, she explained, operate in the food sector, which has faced challenges due to the pandemic.

Eusores reminded local business owners that business name certification has a validity period of only five years. She also highlighted the improved efficiency of DTI's online registration processing for business names.

In addition, Eusores assured that there is an ample supply of New Year "noche buena" products in Antique. The DTI continues to monitor retailers to ensure compliance with suggested retail prices for Noche Buena items such as ham, cheese, and spaghetti. (PNA)

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