Business registration in Bohol up 7.5 % in 2017

Published January 20, 2018, 10:00 PM

by Restituto Cayubit

By Dandan A. Bantugan

Tagbilaran City – Business registration in Bohol increased by 7.5 percent in 2017 with 4,327 new businesses and renewal registrations processed, compared to 4,120 in 2016,  Department of Trade and Industry (DTI) statistics showed.

Jose Hibaya, DTI-Bohol head, attributed the increase to the implementation of the ‘Business One Stop Shop’ in cooperation with the provincial government and other government agencies.

Newly-opened Negosyo Centers all over the province also drove the increase in business registration across Bohol.

Hibaya said 12 Negosyo Centers have been established in Bohol since 2015.

These centers are in Loon, Tubigon, Inabanga, Talibon, Ubay, Carmen, Jagna, Loboc, Sevilla, Panglao and Tagbilaran City.

These centers cater to business registrants in towns including remote villages cutting expenses and travel time.

Hibaya added that Negosyo Centers also offer entrepreneurial and business development interventions to micro, small and medium enterprises (MSMEs).