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Registrations for new business still high in Northern Mindanao despite pandemic

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Despite the threat of Covid-19, registration for new businesses in Northern Mindanao was still high in 2021, an official of the Department of Trade and Industry (DTI) Region 10 said on Thursday, July 14.

CAGAYAN DE ORO CITY — Despite the threat of Covid-19, registration for new businesses in Northern Mindanao was still high in 2021, an official of the Department of Trade and Industry Region 10 said on Thursday, July 14.

“Even with the restrictions, we still have received many business name registrations because many of our businesspeople found an opportunity where they sell their products and services online,” Nieva said in vernacular. “We have training on how to navigate with their business, especially with digitalization as we still give importance and highlight e-Commerce,” Nieva said.

To help the affected MSMEs in the region, Nieva said they provided livelihood starter kits to restart their businesses and the Bayanihan Cares, through SB Corporation which provides financial assistance and financial loans.

 

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