DAVAO DEL NORTE, May 22 (PIA) - - - “If you want to stay in the market, be different.”
Amidst the implementation of the ASEAN Integration on 2015, Edwin Banquerigo, provincial director of the Department of Trade and Industry (DTI), posed this challenge to the micro, small and medium enterprises (MSMEs) during the Kapihan sa Kapitolyo.
In explaining his statement, Banquerigo said MSMEs have to stand different from the rest in terms of product quality, competitive pricing and uniqueness.
Banquerigo encouraged the MSMEs, especially those in the manufacturing and processing businesses, to continuously improve their products.
He said that only through continuous product innovation, the MSMEs can gain competitive advantage over industries in the same field in other countries.
Banquerigo said that there are a number of government agencies such as the DTI and Department of Science and Technology (DOST), which could help them improve their products.
Banquerigo said that one of their programs is the Shared Service Facility, which aims to improve the efficiency and productivity of the MSMEs.
He revealed that last year the DTI Davao del NOrte Field Office distributed a total of P 13-million worth of facilities and another P 5 million worth of facilities will be given this year.
Banquerigo also said that the DTI is conducting a roving academy to capacitate the MSME in entrepreneurship, marketing and product enhancement.
He urged MSME to visit DTI at the Provincial Government Center in Mankilam, Tagum City to avail DTI services designed to assist MSMEs flourish and survive in their ventures. (PIA 11, Michael L. Uy)
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