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8,566 firms registered in NegOcc in first half of 2017

A total of 8,566 enterprises were registered by the Department of Trade and Industry (DTI) in Negros Occidental in the first half of 2017.

Records of DTI showed that total registration from April to June this year increased by about 50 percent, totaling 3,547 firms from the previous year’s 1,770.

In the first quarter, 5,019 firms were registered.

Last year, 4,754 establishments were listed by the DTI from January to June.

The establishment of Negosyo Centers in various localities in the province helped boost business name registration, said Engiemar Tupas, senior trade and industry development specialist of DTI-Negros Occidental.

Tupas said out-of-town enterprises no longer need to go to the DTI provincial office in Bacolod City to file their registration since the Negosyo Centers provide business name registration processing services.

There are eight Negosyo Centers in Negros Occidental, including the one located at the Provincial Capitol Complex in Bacolod, and another hosted by the City of Bacolod along Corner Diola-Circumferential Road.

The six others are situated in the cities of Kabankalan, Sagay, San Carlos, Victorias and La Carlota, and Hinigaran town.

Tupas added that more business registrations means more enterprises thriving in the province which indicates a positive development to the local economy.

The streamlining of Business Permits and Licensing System requires all enterprises to register as mandated under the 2013 joint administrative order of the DTI and the Department of the Interior and Local Government.

Local government units cannot issue a mayor’s permit to establishments that do not comply with the DTI registration as requisite.

Erwin P. Nicavera/PNA