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Author Topic: Over 500 traders expected at ARMM MSME summit  (Read 345 times)

joan.ligalig

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Over 500 traders expected at ARMM MSME summit
« on: May 29, 2020, 10:41:20 PM »
COTABATO CITY--More than 500 entrepreneurs are expected to attend the Micro, Small and Medium Enterprises (MSMEs) Summit for the Autonomous Region in Muslim Mindanao (ARMM) aimed at tapping the private sector to sustain the development of industries in the region.

The summit, slated on Dec. 12 at the Shariff Kabunsuan Cultural Complex inside the ARMM compound here, is also eyed to promote the Halal industry with government and private industrial partners.

“Currently, the only dominant force fueling the ARMM economy is government money so there is a need to partner with the private sector to raise additonal revenues through the thriving of various industries,” lawyer Anwar Malang, the region’s Department of Trade and Industry (DTI) secretary, told reporters here Tuesday.

DTI-ARMM records indicated that 70-80 percent of registered and unregistered businesses in the region belong to the MSME category.

“If we want to be truly autonomous and in anticipation of the Bangsamoro government or embark on federalism, we have to make use of our greatest assets, the people and other resources, through the development of our private sector,” Malang stressed.

Early on, he said the DTI-ARMM had conducted a series of consultations to categorize the challenges facing the private sector, particularly those belonging to the MSMEs.

Several of the gaps identified were issues that can be immediately addressed like extending services and referrals by both government and non-government institutions; and those which  need enabling polices elevated to the National Economic Development Authority and other line agencies.

On matters concerning the Halal industry, Malang said his office is organizing the Halal Chevon (Goat Meat) Stakeholders Workshop with theme “ARMM: Halal Hub of the Philippines” on Dec. 18 at the EM Manor Hotel, this city.

Malang described goat meat as an important component in the lives of Muslims, particularly in the celebration of Muslim feasts (Kanduri) and religious offerings, making it very in demand both here and abroad.

“Therefore, goat meat should be Halal or that goats be raised and slaughtered according to Islam teachings as we could also introduce it as a lucrative business,” he said. (PNA) DECEMBER 2017

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