Showing posts with label Department of Trade and Industry. Show all posts
Showing posts with label Department of Trade and Industry. Show all posts

Wednesday, March 26, 2025

Embracing the Future: The DigiPay Initiative in Catarman, Camiguin


COURTESY: RTP/PIA-10/Camiguin

In an era characterized by rapid digital transformation, local governments are increasingly recognizing the importance of integrating digital solutions into their economic frameworks. On March 21, the Department of Information and Communications Technology (DICT), in collaboration with the Department of Trade and Industry (DTI) and the local government of Catarman, introduced the DigiPay Initiative—a pilot digital payment system aimed at modernizing transactions and enhancing financial inclusivity in Northern Mindanao. This initiative is not just a technological upgrade; it represents a significant paradigm shift in how businesses and consumers engage, fostering a more efficient and accessible commerce landscape.

The Contextual Significance of Digital Payment Adoption

The backdrop of the DigiPay Initiative stems from the growing recognition that the global business environment is rapidly evolving towards digitalization. As Mayor Kiterio Antonio Palarca aptly noted, “We are in the digitalization era, and I hope our local businesses will adopt this for easier transactions.” This statement underscores the urgency for local enterprises to adapt to technological advancements that streamline operations and enhance customer experiences. In Catarman, where tourism thrives, such adaptations are not merely beneficial but essential for sustained economic growth.

The introduction of the DigiPay Initiative signifies a proactive approach in fostering an ecosystem where micro, small, and medium enterprises (MSMEs) can flourish. It acknowledges the high influx of domestic and foreign tourists engaging with local businesses, particularly over weekends, thus creating both an opportunity and a responsibility for local entrepreneurs to meet the evolving expectations of their clientele. By empowering these businesses with digital payment tools, the initiative facilitates smoother transactions, reduces dependency on cash, and enhances the overall efficiency of commerce.

Mechanisms and Features of the DigiPay Initiative

At the heart of the DigiPay Initiative lies a robust digital payment system that integrates various technological solutions to streamline financial interactions. The initiative was officially launched at the Dininggasan Tourism Complex, a strategic location that plays a crucial role in Catarman's tourism landscape. Through this program, local entrepreneurs can utilize electronic payments via QR codes and fund transfers, which are not only convenient but also secure. This reduction in cash reliance aligns with global trends toward contactless and cashless payment systems, making financial transactions more seamless and efficient.

Moreover, additional features of the DigiPay Initiative enhance its effectiveness. The provision of free public Wi-Fi at the Dininggasan Tourism Complex is a forward-thinking measure that directly supports digital transactions. Access to reliable internet services is often a significant barrier for small businesses in rural areas, and this initiative addresses that gap. Furthermore, the establishment of an e-commerce kiosk by DTI Camiguin aids vendors in managing cash-in and cash-out transactions, ensuring that even those with limited digital literacy can engage in the digital economy.

Fostering Digital Literacy for a Sustainable Future

While the launch of the DigiPay Initiative is a commendable step, the accompanying digital literacy training reflects a comprehensive strategy to ensure that local businesses can fully harness the advantages of digital payment systems. The training encompasses critical aspects such as e-commerce, digital payments, cyber hygiene, and online security, empowering local entrepreneurs with the knowledge they need to navigate the digital landscape confidently.

Indeed, educating stakeholders on these topics is essential for fostering a culture of innovation and trust within the local business community. As DICT Camiguin Provincial Officer James Sagocsoc emphasized, “As we move forward with DigiPay and our broader digitalization efforts, let me reiterate our commitment: We are on a journey of progress, and walay bisan usa nga mahabilin in this Digital Era” (no one will be left behind in this Digital Era). This commitment to inclusivity is crucial in nurturing a digital ecosystem where all businesses can thrive, regardless of their size or technological proficiency.

Moreover, understanding the nuances of digital transactions equips local entrepreneurs to mitigate the risks associated with cyber threats and online fraud. This knowledge not only protects their businesses but also builds consumer confidence, encouraging more individuals to engage with digital payment methods.

Catarman's Vision: A Model for Financial Inclusivity and Business Digitalization

The implications of the DigiPay Initiative extend far beyond immediate transactional efficiency. By positioning Catarman as a model for business digitalization and financial inclusivity, local leaders aim to inspire other regions to adopt similar strategies. This initiative serves as a beacon of progress, illustrating how technology can bridge gaps in access and fortify local economies.

As Catarman embraces its new digital identity, it sets a precedent for how municipalities can leverage technological advancements to enhance their economic landscapes. For local businesses, this initiative represents a pivotal opportunity to diversify their operations, attract a broader customer base, and ultimately enhance their competitive edge. By transforming traditional business practices and adapting to the digital age, Catarman has the potential to an increasingly interconnected world. With the right support and continued innovation, the success of the DigiPay Initiative could very well serve as a template for other regions to follow, marking a significant leap forward in the regional digital economy.

Friday, January 17, 2025

Pioneering Prosperity: Oro Chamber's Strategic Vision for 2025


COURTESY: CAGAYAN DE ORO CITY (PIA) 


The dynamic landscape of Cagayan de Oro City is poised for transformative change as the Cagayan de Oro Chamber of Commerce and Industry Foundation, Inc. (Oro Chamber) unveils its comprehensive strategic strategy for 2025. Centered around the INVEST directives, this strategy aims to position Cagayan de Oro as a hub of sustainable growth and prosperity. By fostering innovation, collaboration, and economic development, the Oro Chamber is set to redefine the business environment in the region.

Innovation and Business Landscape Transformation

The cornerstone of the Oro Chamber's 2025 strategy is innovation. Under the INVEST directives, the "I" stands for Invest for innovation and improving the business landscape. Engr. Almarco C. Brito, Oro Chamber’s President for 2025, asserts that prioritizing initiatives fostering innovation will create a more conducive business environment. By leveraging technology and fresh ideas, the chamber aims to enhance productivity and competitiveness. This commitment to innovation is not just about adopting new technologies; it's about creating an ecosystem where businesses can thrive through continuous improvement and adaptation.

Transitioning to a more innovative business landscape requires collaboration between various stakeholders. The Oro Chamber recognizes the importance of building Networks with industry leaders and partners, as denoted by "N" in the INVEST directives. By fostering relationships with key players in the industry, the Oro Chamber is creating a robust support system for businesses in Cagayan de Oro. These networks are vital for sharing knowledge, resources, and best practices, ensuring that local businesses remain competitive on a national and global scale.

Valuing Member Services and Economic Competitiveness

Valuing member services and engagement is at the heart of the Oro Chamber's mission, represented by "V" in the INVEST framework. The chamber is dedicated to understanding the needs of its members and providing tailored services that enhance their business operations. By actively engaging with its members, the Oro Chamber ensures that their voices are heard, and their concerns are addressed. This member-centric approach fosters a sense of community and loyalty, strengthening the chamber's influence and reach.

Economic competitiveness is another critical component of the chamber's strategy, highlighted by "E" for Enhancing economic competitiveness through capacity development. The Oro Chamber is committed to equipping local businesses with the skills and knowledge needed to excel in today's rapidly evolving marketplace. Through capacity development programs, the chamber provides training, workshops, and seminars that focus on critical business areas such as leadership, technology, and strategic planning. By investing in human capital, the Oro Chamber is laying the foundation for a more resilient and competitive business community.

Strengthening Infrastructure and Sustainable Investments

Strengthening manufacturing and infrastructure development is a pivotal aspect of the Oro Chamber's 2025 strategy, represented by "S" in the INVEST directives. The chamber aims to attract sustainable investments of at least P35 billion into the manufacturing and infrastructure sectors. These investments are not only crucial for bolstering the economy but also for creating jobs and opportunities for the local community. By focusing on sustainable development, the Oro Chamber is ensuring that growth is both inclusive and environmentally responsible.

Collaboration with government, industry, and academia is essential for transforming the local economy, as denoted by "T" in the INVEST framework. The Oro Chamber emphasizes co-creation, where these stakeholders work together to develop innovative solutions for economic challenges. This collaborative approach ensures that the region's development is holistic and aligned with national and international goals. By fostering partnerships and encouraging dialogue, the Oro Chamber is paving the way for a more integrated and sustainable economic future.

Legislative Advocacy and Strategic Partnerships

In 2024, the Oro Chamber played a pivotal role in influencing key legislative initiatives in Cagayan de Oro City. Through active participation in consultations, focus group discussions (FGDs), and meetings, the chamber achieved significant policy changes such as tax incentives for small businesses and streamlined processes for permits and licenses. The passage of critical legislative measures, including the Comprehensive Land Use Plan and Zoning Ordinance, demonstrates the chamber's effectiveness in advocating for the business community.

Strategic partnerships have been central to the Oro Chamber's success. Collaborations with organizations such as the Regional Halal Committee and the Department of Trade and Industry (DTI)-10 have led to the establishment of the Northern Mindanao Halal Supply Chain. The potential launch of the OROBEST Halal Hub further strengthens the region's position in the growing halal industry. Additionally, partnerships with the Department of Science and Technology (DOST)-10 and the National Economic and Development Authority (NEDA)-X have been instrumental in fostering innovation and aligning local economic strategies with national goals.

Looking ahead, the INVEST directives will continue to guide the Oro Chamber's efforts in 2025. By focusing on innovation, attracting investment, and supporting its members through legislative advocacy, strategic partnerships, and capacity development initiatives, the chamber is set to usher in a new era of prosperity for Cagayan de Oro City. As the chamber continues to champion the interests of the business community, it remains steadfast in its commitment to creating a thriving and sustainable economic landscape for the region.

Monday, September 23, 2024

Green is the New Gold: Empowering MSMEs and Ensuring Food Security in Mindanao



COURTESY: Department of Trade and Industry (DTI) Region 10

If there’s one thing we can all agree on, it’s that food security and sustainable practices are the way forward. At the forefront of this movement is the Department of Trade and Industry (DTI) Region 10, with their dynamic OIC-Assistant Regional Director Almer Masillones leading the charge. Just recently, during the Mindanao Agri-Coop Expo 2024 held at Mallberry Suites Business Hotel in Cagayan de Oro City, Masillones unveiled a series of innovative programs that aim to transform both our food systems and the role of micro, small, and medium enterprises (MSMEs). Let’s dive into what this means for the future of food, trade, and sustainability in the region!



The DTI Region 10 isn’t just talking the talk; they’re walking the walk with the Green Economic Development Program. This initiative is all about encouraging MSMEs to adopt green practices, reducing the environmental footprint while boosting productivity. From eco-friendly packaging to energy-efficient processes, these practices not only benefit the planet but also help businesses save on costs in the long run.

At the Mindanao Agri-Coop Expo, ARD Masillones emphasized the crucial role of MSMEs in driving sustainable economic growth. By aligning with the expo’s theme, “Strengthening Cooperative Resilience: Advancing Climate Smart Agriculture and Sustainable Farming Management,” the DTI is setting a blueprint for what a sustainable future could look like. The message is clear: MSMEs are not just part of the economy; they are pivotal players in ensuring a resilient and sustainable future.



One of the standout programs introduced was the Three-Year Food Logistics Action Agenda. Imagine a world where our food distribution system is so efficient that it seamlessly travels from farm to fork with minimal costs and maximum freshness. This agenda seeks to revolutionize the entire supply chain, addressing gaps, investing in infrastructure, and leveraging ICT for improved logistics performance.

But it doesn’t stop there. The DTI Region 10 has a smorgasbord of initiatives aimed at empowering MSMEs and ensuring food security. Programs like Kapatid Mentor ME, Comprehensive Agrarian Reform Program, and Shared Service Facilities are tailored to enhance the capabilities of local businesses. These initiatives are not just about growth; they are about smart, sustainable growth that benefits everyone, from farmers to consumers.



Coconuts are more than just a tropical delight; they are a significant part of the local economy. The Coconut Farmers and Industry Development Plan is one of the many initiatives aimed at revitalizing this vital sector. By providing support and resources, the DTI is ensuring that coconut farmers can thrive in a competitive market, paving the way for sustainable practices that benefit the environment and the economy.

In addition to coconuts, the One Town, One Product initiative is helping towns across the region showcase their unique products. This not only boosts local economies but also empowers communities to take pride in their heritage and traditions. The Rural Agro-enterprise Partnership for Inclusive Development and Growth is another exciting program, promoting collaboration and innovation in rural areas, ensuring that no one is left behind in the march towards progress.



In today’s world, e-commerce is king. Recognizing this, the DTI has launched several initiatives to help MSMEs tap into the digital economy. By embracing online platforms, local businesses can reach a global audience, expanding their market and boosting their sales. This digital transformation is crucial in building a resilient economy, capable of withstanding the challenges of the modern world.

Export initiatives, including Halal certification, are also part of the DTI’s comprehensive strategy. By meeting international standards, local products can compete on the global stage, opening doors to new markets and opportunities. This not only benefits businesses but also strengthens the economy as a whole, creating jobs and fostering innovation.

In conclusion, the Department of Trade and Industry Region 10, under the leadership of OIC-ARD Almer Masillones, is making significant strides in ensuring food security and empowering MSMEs through green practices. With a plethora of initiatives and a clear vision for the future, the region is set to become a beacon of sustainable development. Whether it’s through enhancing logistics, promoting digital expansion, or supporting local industries, the DTI is laying the groundwork for a brighter, greener future. So, here’s to a future where sustainability and growth go hand in hand, and where green truly is the new gold!

Sunday, May 5, 2024

Empowering Dreams: A Leap Towards Inclusive Progress in Misamis Occidental

CREDIT: Official Page
of the Provincial Government of Misamis Occidental

In an era where inclusivity forms the backbone of a progressive society, the provincial government of Misamis Occidental, in a commendable partnership with the Department of Trade and Industry (DTI) - Misamis Occidental, has taken a significant step forward. The recent organization of a seminar on financial literacy, entrepreneurship, and consumer rights and privileges, specifically tailored for the officials of Persons with Disabilities (PWDs) in the province, marks a monumental stride towards realizing a future where inclusivity is not just an aspiration but a reality.


Held at the prestigious Asenso Misamis Occidental Sports and Cultural Center, the seminar emerged as a beacon of hope and empowerment for PWD officials. The event was graced by the presence of Working Governor Henry S. Oaminal, whose vision of empowering Persons with Disabilities towards a sustainable future resonates with the core of this initiative. This seminar was not merely an educational gathering but a testament to the government's commitment to ensuring that no one, especially not our differently-abled brethren, is left behind in the journey towards development and self-sufficiency.

The focus on financial literacy, entrepreneurship, and consumer rights and privileges is a meticulously designed approach to equip PWD officials with the knowledge and skills necessary to navigate the complexities of the modern economic landscape. By fostering an environment of learning and growth, the seminar aimed to ignite the spark of self-reliance and entrepreneurial spirit among the participants, thereby paving the way for their active contribution to the economy and society at large.



Governor Henry S. Oaminal's attendance and involvement in the seminar underscore his unwavering dedication to the cause of Persons with Disabilities. His advocacy for empowerment and inclusivity serves as a guiding light, not just for Misamis Occidental, but for regions far and wide, striving to create a more accommodating and supportive society for PWDs. His belief in the potential of every individual, regardless of their physical abilities, to contribute meaningfully to the community and achieve their dreams is a powerful message of hope and determination.

Under Governor Oaminal's leadership, the seminar also highlighted the provincial government's proactive stance in addressing the needs and aspirations of the PWD community. By collaborating with the Department of Trade and Industry - Misamis Occidental, the seminar bridged the gap between governmental support and the actualization of PWDs' entrepreneurial ambitions, setting a commendable example for other provinces to follow.


The seminar on financial literacy, entrepreneurship, and consumer rights and privileges for PWD officials in Misamis Occidental is more than just an event; it's a movement towards an inclusive, empowered, and sustainable future. It serves as a reminder that with the right support, resources, and opportunities, every individual, regardless of their physical limitations, can achieve greatness and contribute to a brighter tomorrow.

As we reflect on the success of this seminar, it becomes evident that the journey towards inclusivity is ongoing. The provincial government of Misamis Occidental, under the visionary leadership of Governor Henry S. Oaminal, has set a remarkable precedent. It is a clarion call to all sectors of society to embrace diversity, foster inclusivity, and work collectively towards a future where no one is left behind. This initiative is not just about creating opportunities for Persons with Disabilities; it's about recognizing their inherent potential to be key players in the tapestry of our socio-economic fabric.

In conclusion, the seminar organized by the provincial government of Misamis Occidental and the DTI - Misamis Occidental stands as a monumental step towards an inclusive and progressive future. It underlines the importance of governmental and societal support in unlocking the untapped potential of Persons with Disabilities, ensuring that their journey towards achieving their dreams is not a solitary one, but a shared venture towards collective growth and prosperity.

NIRVANA Awaits: Your Quick Visit to Blissful Living!

COURTESY: Maviiboi Hey there, fellow dreamers! Have you ever imagined a place that feels like paradise? Well, let me take you on...