Connect with us

Hi, what are you looking for?

News

PHL Ceramic Arts and Craft Center in Albay gets P2.3-M fund

PHILCERAMICS FACEBOOK PAGE

THE DEPARTMENT of Trade and Industry has allotted P2.3 million to the Philippines Ceramics Arts and Craft Center (PhilCeramics) in Tiwi, Albay as part of efforts to help micro, small, and medium enterprises (MSMEs).    

The P2.3 million funding from the department’s regional office in Albay will be used to cover equipment outlay and other expenses of PhilCeramics and its Putsan Ceramics Manufacturers Association, Inc. (PCMAI).    

“When given timely and appropriate support, MSMEs can contribute to government efforts to steer our country toward an inclusive and sustainable economic recovery,” Trade Secretary Alfredo E. Pascual said during the Bicol MSME Summit on Oct. 21. 

PhilCeramics is a production center of terra cotta items with employed glazing technology. The center has been funded by the DTI since 1994.  

Meanwhile, the DTI said that it seeks to pursue regional industrial development with its science, technology, and innovation-led strategy.

“This strategy will help lead MSMEs, the backbone of the Philippine economy, to greater productivity and industrial transformation,” the DTI said. — Revin Mikhael D. Ochave

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

Editor’s Pick

UK pubs missed out on a staggering £155 million summer World Cup boost, new analysis has revealed. The hospitality sector was already among the...

Editor’s Pick

Cornish second home owners are set to pay double in council tax after a proposal which would see the local authority granted powers to...

News

LOCAL STOCKS are expected to move sideways on Friday on tepid market activity as investors wait for the release of November US inflation data...

Editor’s Pick

The UK will build its first new coalmine for three decades at Whitehaven in Cumbria, despite objections locally, across the UK and from around...

News

SPEAKER Martin G. Romualdez during the opening of the 19th Congress at the House of Representatives in Quezon City on July 25. — PHILIPPINE...

News

PHILSTAR FILE PHOTO/ RELEASE JBROS CONSTRUCTION CORP. By Luisa Maria Jacinta C. Jocson, Reporter LOCAL government units (LGUs) face an uphill task in staffing...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.