Issue of October 1, 2017
Mt. Province

Panagbenga Flower Festival
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Solon pledges increased fund support for MSMEs
by Press release

Senator Loren Legarda has vowed to restore the P1 billion budget of the Shared Service Facilities (SSF) Project of the Department of Trade and Industry, which intends to increase the productivity of micro, small, and medium enterprises (MSMEs) by giving them access to efficient technologies, skills, knowledge, and systems.

At the hearing for the proposed 2018 budget of the DTI, Legarda, chair of the Senate Committee on Finance, also encouraged the agency to look into supporting the “nano” enterprises or those with a capital of P50,000 or less.

“It is important for us to recognize and support the efforts of all our entrepreneurs. These are Filipinos who lead a good life. Through these facilities, we also give them better opportunities to enrich themselves, while providing for their families,” Legarda said.

She also urged the DTI to help state universities and colleges in their livelihood projects like the Don Mariano Marcos Memorial State University in La Union that does silk processing and weaving; the Mariano Memorial State University in Ilocos Norte for their biofuels project; and the Southern Luzon State University’s nipa palm sugar processing center.

She also asked DTI to coordinate with the Department of Social Welfare and Development which has requested help in implementing their P7 billion worth of Sustainable Livelihood Program for beneficiaries of Pantawid Pamil-yang Pilipino Program and other indigent Filipinos.

Legarda also reiterated her call to all government agencies to use 100 percent of their budget. She noted that all unspent budget are reverted to the National Treasury, which could have been used to finance other projects and programs for the people.

“We do not want any groups unserved or underserved. There are so many communities, especially vulnerable and marginalized ones, that everyday are seeking help for government interventions. Whenever we revert budget to the Treasury, we lose so many opportunities to serve our people,” Legarda said.

“For this year’s budget process, we needed to ensure that economic growth within our communities is stimulated. This makes our budgeting more inclusive – such that it caters to our people’s needs and aspirations – which further unlocks our potential as a nation,” Legarda said.

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PWU Baguio
Technical Education & Skills Development Authority – CAR
University of Baguio

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Bureau of Fisheries and Aquatic Resources – CAR
Congressman Ronald M. Cosalan
Department of Health – CAR
John Hay Management Corporation
National Grid Corporation of the Philippines
New Media Services
Pag–IBIG Fund
Pines City Colleges
Sangguniang Panlungsod

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Water District
Choobi Choobi
Congressman Mark O. Go
Councilor Leandro B. Yangot Jr.
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Public Works and Highways – CAR
Department of Science and Technology
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gen. Benjie B. Magalong
GMS Technology
Governor Crescencio C. Pacalso
Mayor Mauricio G. Domogan
Mayor Romeo K. Salda
Mother Earth Deli Basket
Nagomi Spa
Narda’s / Sunflower Ridge
Northern Luzon School for the Visually Impaired, Inc.
Our Lady of Mt. Carmel Montessori, Inc.
Philex Mining Corporation
Police Regional Office – CAR
Regional Development Council – CAR and National Economic and Development Authority – CAR
Regional Tripartate Wages and Productivity Board – CAR
SN Aboitiz
Tony Boy Tabora
Veterans Bank

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