DTI signs partnership with 8 local government units for the integration of the Business Name Registration System.
The eight LGUs are Bislig in Surigao del Sur, Butuan in Agusan del Norte, Balanga in Bataan, Bacolod in Negros Occidental, Guiguinto in Bulacan, Baguio in Benguet, San Pedro in Laguna, and Carmona in Cavite. At the signing ceremony in Makati, Trade Secretary Alfredo Pascual thanked the 8 LGUs, which accepted their offer for system integration.One requirement for a business permit in LGUs is the DTI certificate of business name registration, which would take additional time to get.
Pascual also noted that this will also entice Filipinos to register their business name and apply for a business permit, knowing the process will be much easier. He added this would also eliminate and prevent the proliferation of fake DTI certificates and improve the ease of doing business. Meanwhile, Pascual also signed the Implementing Rules an Regulations of Republic Act No. 11960 or the ‘One Town One Product Philippines Act’.DTI Sec. Alfredo Pascual says the OTOP Act will help small businesses develop their products unique to their area. pic.twitter.com/CZ8CHHpsESThe law was signed by President Ferdinand Marcos Jr.
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