DTI wants SMEs to be disaster resilient

-A A +A

Thursday, September 4, 2014


THE Department of Trade and Industry (DTI) is undertaking efforts to ensure that the small and medium enterprises (SMEs) are disaster-resilient.

DTI-Zamboanga Peninsula Regional Development Division Chief Lowell Vallecer said there is a need for SMEs to have their respective Business Continuity Plan (BCP) to be resilient to disasters.

"According to the World Bank, small and medium enterprises are one of the very vulnerable sectors to disaster but are not given ample attention, thus there is a need for every SME to have their BCP," Vallecer said.

Advertisement

"We are preparing SMEs on any eventualities, disasters or calamities. This is also in preparation for the Asean integration," Vallecer added.

The BCP helps SMEs become disaster-resilient by putting in place initiatives that will enable them to immediately recover from losses due to disaster and continue with their business, according to Vallecer.

He noted that at present, most SMEs do not have BCP and when disasters strike, they immediately fold up without a way to recover from their losses, directly affecting the regional economic performance.

DTI Regional Officer-in-Charge Sitti Amina Jain is constantly pushing all concerned agencies and partners to exhaust all possible means in uplifting the SMEs, as they are the biggest driving force in region's economy.

"We really need to give all the needed support to them," Jain said, citing the SMEs are the backbone not just of the regional economy, but the national economy as well.

Jain reminded the SME-9 core members that this initiative for the SME is not just DTI's work and concern, but of all concerned agencies. (Bong Garcia)

Local news

DISCLAIMER: Sun.Star website welcomes friendly debate, but comments posted on this site do not necessary reflect the views of the Sun.Star management and its affiliates. Sun.Star reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules: Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent and respectful. Do not shout or use CAPITAL LETTERS!

Sun.Star Jobs
  • ePaper
  • Pnoy
  • Filipino Abroad
  • tell it to sunstar
  • Calamity Report
  • SunStar Celebrity
  • Obituary
  • Festivals
  • Sunstar Multimedia
  • goodearth
  • Philippine Polls
  • Pacman blog
  • Sinulog
  • Habemus Papam
  • Technology
  • Sun.Star Zup!