Lopez: DTI eyes reopening of more businesses before 2021

Published by rudy Date posted on November 26, 2020

By: Cristina Eloisa Baclig, INQINQUIRER.net, 26 Nov 2020

MANILA, Philippines — Department of Trade and Industry (DTI) Secretary Ramon Lopez on Wednesday said they are targeting a lower percentage of closed businesses before the year ends.

“Hopefully [bumaba] in a nudge mga four percent, maybe swerte na yung three percent,” Lopez told INQUIRER.net.

(Hopefully, it will drop in a nudge, around four percent, consider it lucky if it reaches three percent.)

According to Lopez, a recent DTI survey of 3,000 small and medium-sized enterprises (SMEs) showed that only five percent of the 1.5 million registered businesses remain closed in November.

“It looks konti but in terms of number marami pa ‘yan,” Lopez said.

(It looks few, but in terms of the number, that is still a lot.) [ac]

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October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

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Weekly Observances:

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National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

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United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

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