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Magnegosyo Ta Day program now replicated at LGU outside Davao 10 US firms in PH for trade mission

Ten United States-based businesses are in Manila this week for a trade mission to look for local partners and possibly expand their operations in the Philippines.

The US businesses here are part of the 120 companies joining the Association of Southeast Asian Nations (ASEAN) business mission of Trade Winds, the largest US government-led trade and business forum.

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US Embassy in the Philippines senior commercial officer Paul Taylor said Trade Winds conducts trade and business mission annually, choosing one city to hold the forum, with some of the participating companies making stops to nearby countries seeking business opportunities.

This year, the business forum will be held in Bangkok, Thailand from March 13 to 15.

Taylor said the visiting US businesses will be meeting 60 Filipino companies during their Manila stop from March 9 to 10.

“We’ll bring in 60 Filipino po- tential partners… Our intention is that after those meetings, they will be able to identify the best partner for them to move forward,” he said in an interview.

The 10 US businesses looking for partners here are from different sectors including retail, energy, technology, defense, manufacturing and administrative support.

These companies are Duck Donuts, Global Accounting, Coursera, Inc., Rife International, Thales Defense & Security, Inc., Astranis Space Technologies Corp., UniXporter LLC, Vibrac, Key Resin Company and Dermaesthetics Beverly Hills Formula USA.

“Companies that are coming here are looking at ease of doing business… They are also looking for a workforce that they can hire and train and help to run their companies and they oftentimes find that here in the Philippines,” Taylor added.

US Ambassador to the Philip-

City’s program that empowered women in Davao City was replicated in another local government through the Office of the Vice President.

Munsayac said that the said municipality on March 8, 2023 received a total of P150,000 for the program.

“Ginawa na po naming national ang programa dito na Magnegosyo Ta Day. Naging effective po yan dito sa Davao City dahil bukod po doon sa livelihood program may corresponding training po sila (We already made this a national program. It has been effective here in Davao City because aside from the livelihood program the beneficiaries will have trainings),” Munsayac said.

“Mag Negosyo ‘Ta Day” is a landmark project of the Davao City government where Vice President Sara Duterte served as mayor.

Aside from the Magnegosyo Ta’ Day Program, the OVP, through its Davao Satellite Office, has started to give medical, burial assistance, and assistance to individuals in crisis situations (AICS), and food boxes to persons in need.

Munsayac said that the Davao

Satellite Office assisted a total of 5,667 beneficiaries with medical and burial assistance from July 2022 to February 28, 2023. The satellite office caters to clients from Region 10, 11, 12, Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), and Bukidnon

Requirements and downloadable forms for the assistance are listed and can be accessed on the official OVP website: https://ovp. gov.ph/. Forms are also available at the Davao Satellite Office located on the Groundfloor of Orchard Hotel on J.P. Laurel Ave, Bajada, Davao City.

The OVP also provided food FMAGNEGOSYO, P10

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