January 19, 2018: *** The local economy of Tagbilaran City was infused with almost P5-B in 2017. New business went up from 602 to 1,017 which amounts to an almost P1.2-B worth of capitalization or a 160% increase from last year, while business renewals also went up from 4231 to 4693 which posted gross receipts amounting to almost P3.4-B or a 21% from 2016. ***Gov. Edgar Chatto turns over today the P1.9-M first tranche of the P9.8-M assistance to the Bohol Dairy Producers Association for the Bohol Dairy Milk Processing and Marketing Enterprise as Bohol is poised to be the Dairy Capital of the country.

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Monday, June 13, 2011

DOT-DTI sign comprehensive tourism sector dev’t pact

TAGBILARAN CITY, Bohol, June 10, 2011 (PIA)—THE Department of Tourism (DOT) and Trade and Industry (DTI) agrees on a collaboration for the comprehensive development of the tourism sector, during the last day of the Bohol Tourism Summit held here since June 9. 

And for the development, private sector led Provincial Tourism Council here could be in for the big thing in the future of public-private partnerships, said industry stakeholders participating in the first Bohol Tourism Summit June 9-10.

DOT represented by Secretary Alberto Lim and the DTI through Secretary Gregory Domingo formalized the signing of the agreement documents to work together for the industry through the promotion of main tourism chains and strengthening of various supply chains supporting the sector.

According to documents shared to the media and explained by DTI regional Director Asteria Caberte, the world agrees of the promise of tourism.

But a lot more of things to be done in regions especially where there is a high tourism potential.

Caberte, who was reading her notes identified the country’s regions with a high tourism potentials as Regions 4B, 6, 7, 8 and 11 where the DOT and DTI pilots their collaboration through the project.

The agreement formalized binds the two agencies to share and allocate budgets for the project.

The agreement also makes the tourism department responsible for the planning and development of tourism destinations at the national and regional levels, marketing and promotion of tourist destinations both nationally and internationally.

The same agreement binds the DOT to regulate the tourism industry by setting the tourism standards and certification systems for tourism enterprises.

As regulatory agency, the DOT also set the minimum standards for tourism enterprise zones with the local government units as well as facilitate the business linkages among tourism enterprise types along the value chain, Caberte said before the ceremonial signing of the documents.

For the Trade department, the agreement puts them into a mode of developing a conducive business environment at the different levels of governance in partnerships with local governments.

On its part too, the DTI is bound to regulate and standardize trade and industry bu stepping on standards and certification of enterprises, promote investments in strategic priority sectors as business process outsourcing, electronics, mining, housing, agriculture, business and tourism.

The DTI is also bound to facilitate business development services to support micro, small and medium enterprises in market access and financing to let them grow their businesses, improve their productivity and efficiency and enable business linkages along product-based value chains. (Rey Anthony Chiu)

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