The Department of Trade and Industry has earmarked a total of P21 million—P8 million in 2012 and P13 million in 2013—for its Local and Regional Economic Development program to promote competitiveness in local government units in Luzon and Mindanao.
LRED is a participative process by which stakeholders from both public and private sectors are mobilized to become partners in a joint effort to improve the economy of a locality and increase its competitiveness.
Trade Undersecretary Merly Cruz said that the department is intensifying the upscaling of LRED to make the business environment in the two regions more favorable for small enterprises nationwide. The program may have played a part in the rise in the competitiveness index of 71 percent of LGUs recently surveyed in the Visayas.
“This development, when replicated more broadly across the country, can have greater positive impact in the now-improving Philippine competitiveness ranking globally,” Cruz said.
The DTI and the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ), a German cooperation services provider for sustainable development, has been implementing the LRED approach among 84 LGUs in the Visayas for the past eight years.
In 2003, the Philippine government, in partnership with the German Technical Cooperation (GTZ) on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), initiated PSP SMEDSEP, a private sector promotion program to create a more favorable business environment for SMEs in the Visayas. — BM, GMA News
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
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
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
