MSMEs commit P140M in new investments

Published by rudy Date posted on June 26, 2009

MANILA, Philippines – Local micro, small, and medium enterprises (MSMEs) have committed to invest around P140 million in new ventures, potentially generating 1,450 new jobs in Metro Manila, Rizal, Laguna, and Batangas, according to data from the Board of Investments.

The 26 projects, registered this year and in 2008, span a wide range of industries, including agriculture, agribusiness and fishery; information technology and IT-enabled services such as game, software and content development; tourism, healthcare and wellness; garments; and manufacturing and export.

Among the 26 companies, committing the biggest investment was information technology services firm Checkwell Decisions Inc., with P13.44 million.

This was followed by cold storage machines export producer Yong Sung Refrigeration Inc. with a commitment of P12 million, and healthcare and wellness services provider Mary Grace and Rendell Inc. with P10 million.

Investing a little less than P10 million were heater export manufacturer Temptech Philippines Inc. with P9.64 million, coco fiber and coco peat producer Hillsen Corp. with P9.5 million, processed fruits products firm Alberto Fruits Processing Corp. with P8.35 million and electrical products inspection and testing laboratory Scientific, Environmental and Analytical Laboratory and Services with P7 million.

All of these projects were registered with the BOI under the agency’s one-day processing scheme as prescribed in the 2008 Investment Priorities Plan to promote SME development.

Apart from the one-day processing of their applications, the BOI also helped them prepare simplified project application for BOI registration, as well as identify MSME support companies and sources of financing support. –Abigail L. Ho, Philippine Daily Inquirer

September 18 –
International Equal Pay Day

“Increase wages now,
more than other cost items.
For widespread, practical equality!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

September –

 

  5 Sept – Intl Day of Charity

  7 Sept – Intl Day of Clean Air for Blue Skies

  8 Sept – International Literacy Day 

12 Sept – United Nations Day for South-South Cooperation

15 Sept – International Day of Democracy 

16 Sept – International Day for the Preservation of the Ozone Layer

17 Sept – World Patient Safety Day

18 Sept – International Equal Pay Day

21 Sept – International Day of Peace

26 Sept – International Day for the Total Elimination of Nuclear Weapons

27 Sept – World Tourism Day

28 Sept – International Day for Universal Access to Information

29 Sept – International Day of Awareness of Food Loss and Waste

30 Sept – World Maritime Day

 

Monthly Observances:

Health, Safety and Sanitation Month

National Clean-up Month

Civil Service Month

National Peace Consciousness Month

Social Security Month

Rule of Law Month

National Teachers’ Month (Sept 5-Oct 4)

Weekly Observances:

Sept 17 – 23:

World Clean and Green Week

Week 2: Education Week

Week 4: Medicine Week

Last Week: National Family Week

Daily Observances:

Third Saturday:

International Coastal Clean-up Day

Third Monday: World Health Day

Last Friday: National Maritime Day

Sept 8: National Literacy Day

Sept 15: Philippine Medicine Day

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.