Press Release
November 2, 2016

Bam to Christmas Negosyos: Visit Negosyo Center for advice, support

Sen. Bam Aquino encouraged traders to visit a Negosyo Center first to get proper advice, guidance and training as they embark on a business venture this Christmas season.

"Ngayong kapaskuhan, maraming magtatayo ng bazaar sa pamilihan at mall, kaya inaasahan natin na maraming negosyante ang sasali sa mga ito," said Sen. Bam, principal author and sponsor of the Republic Act No. 10644 or the Go Negosyo Act in the Senate.

"Sa lahat ng gustong sumabak sa negosyo, maaasahan niyo ang tulong at suporta ng mga Negosyo Center," added Sen. Bam, chairman of the Committee on Trade, Commerce and Entrepreneurship in the 16th Congress.

At present, over 300 Negosyo Centers are now established in different parts of the country to cater to the needs of micro, small and medium enterprises. The number is expected to rise before the year ends.

The Go Negosyo Act, the first law passed by Sen. Bam in the 16th Congress, mandates the establishment of Negosyo Centers in all municipalities, cities and provinces that will assist micro, small and medium enterprises in the country.

The Negosyo Center will provide access to bigger markets and financing for businesses, training programs, and a simplified business registration process thus helping ease of doing business and fast-track government processes in putting up a business.

Aside from the Go Negosyo Act, Sen. Bam has five other laws focused on the development of MSMEs in the country.

These are the landmark Philippine Competition Act, Foreign Ships Co-Loading Act, Microfinance NGOs Act, Youth Entrepreneurship Act and Credit Surety Fund Cooperative Act.

To know the Negosyo Center near you, visit http://www.bamaquino.com/gonegosyoact/negosyo-center-tracker/.

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