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Pasig City
By: Dee dela Torre
Pasig is known for being one of the more industrial cities in Metro Manila.
Located in Pasig City is Ortigas Avenue, one of the biggest business districts in the country. It houses some of the big corporations that control our country's economy as well as its development.
Still, despite the advanced nature the city possesses, Pasig is filled with less developed and impoverished areas.
However, Pasig City's RA 9178 otherwise known as the Barangay Micro Business Enterprises (BMBEs) promises to help the small scale businesses in the city.
BMBE Act of 2002 encourages the development and growth of barangay micro business enterprises by granting them incentives and other benefits.
Endorsed by Pasig's Lone District Congressman, Roman Romulo, the act states that small businesses engaged in the production of products and commodities that are not worth more than three million pesos (P3,000,000.00) are entitled to avail certain benefits and incentives, such as loans and some tax exemptions.
However, in the light of the recent survey on the implementation of the BMBE Act in Pasig, it is evident that the small businesses like eateries (carinderias) and sari-sari stores have no idea what this Barangay Micro Business Enterprise is.
Despite being passed in 2002, the Act remains a mystery to those who are entitled to it.
An owner of a small sari-sari store shared that she didn't know that she can avail of such incentives and loans. She has had to struggle with putting up her small business without any government assistance.
On the other hand, a burger stand vendor provides another angle, saying that “There is an obvious bias in this act – favoring the Filipino Chinese businessmen.”
Apparently, there also exists a bias in the giving out and implementation of these benefits to the residents of Pasig.
However, no proof of the allegation has surfaced and this may just be an isolated case. But until now, Pasig City has yet to further their campaign on this policy.
Perhaps, Pasig should strengthen their campaign in order to benefit more of its residents.
Pasig is known for being one of the more industrial cities in Metro Manila.
Located in Pasig City is Ortigas Avenue, one of the biggest business districts in the country. It houses some of the big corporations that control our country's economy as well as its development.
Still, despite the advanced nature the city possesses, Pasig is filled with less developed and impoverished areas.
However, Pasig City's RA 9178 otherwise known as the Barangay Micro Business Enterprises (BMBEs) promises to help the small scale businesses in the city.
BMBE Act of 2002 encourages the development and growth of barangay micro business enterprises by granting them incentives and other benefits.
Endorsed by Pasig's Lone District Congressman, Roman Romulo, the act states that small businesses engaged in the production of products and commodities that are not worth more than three million pesos (P3,000,000.00) are entitled to avail certain benefits and incentives, such as loans and some tax exemptions.
However, in the light of the recent survey on the implementation of the BMBE Act in Pasig, it is evident that the small businesses like eateries (carinderias) and sari-sari stores have no idea what this Barangay Micro Business Enterprise is.
Despite being passed in 2002, the Act remains a mystery to those who are entitled to it.
An owner of a small sari-sari store shared that she didn't know that she can avail of such incentives and loans. She has had to struggle with putting up her small business without any government assistance.
On the other hand, a burger stand vendor provides another angle, saying that “There is an obvious bias in this act – favoring the Filipino Chinese businessmen.”
Apparently, there also exists a bias in the giving out and implementation of these benefits to the residents of Pasig.
However, no proof of the allegation has surfaced and this may just be an isolated case. But until now, Pasig City has yet to further their campaign on this policy.
Perhaps, Pasig should strengthen their campaign in order to benefit more of its residents.