DTI holds forum on entrepreneurship

By Edna Bagadiong

VIRAC, Catanduanes --- The Department of Trade and Industry (DTI) here conducted a youth forum on entrepreneurship at Catanduanes State University last Thursday, March 9, this year.

DTI Provincial Director Maria Belma Escueta said the event, the “Provincial Youth Forum: Consultative Session with Government Agencies,” aims to orient the young ones on relevant information with regard to business registration process, requirements and other updates from DTI, municipal government of Virac and the Bureau of Internal Revenue (BIR).

She added that the activity is aimed also to help the budding young entrepreneurs to become more confident to face the challenges of a rookie businessman.

Through its Youth Entrepreneurship Program, the DTI and its partner agencies guide the youth throughout the process to come up with a decision what business they want to operate.

During the forum, Fatimah Tanael, DTI business name registration officer for Catanduanes, provided the participants with understanding and knowledge on business name registration process, requirements and important reminders while Rey Alberto, licensing officer II at LGU Virac, discussed the processing of the business permits while Venus Sta. Ines, BIR revenue officer II for Catanduanes explained the BIR registration process. Atty. Emmanuel Remolacio, BIR group supervisor for Catanduanes, gave the attendees relevant updates on taxation and latest issuances.

Escueta expressed gratitude to Virac Mayor Samuel V. Laynes; Cristina Yuson of BIR; Catanduanes State University headed by Dr. Patrick Alain Azanza; CatSU Vice President for Academic Affairs Gemma Acedo; CBA-CATSU faculty headed by Dean Ian Aranel; and to the CATSU Accreditation Office for their support and commitment in making the event successful.

DTI said that they have planned additional actions for the youth sector in 2023 which will be carried out in collaboration with the YEP stakeholders.

The activity was participated in by a total of 100 senior students from CatSu College of Business and Accountancy and Entrepreneurship. (PIA5/Catanduanes)