REPUBLIC OF THE PHILIPPINES
S E N A T E
METRO MANILA
SENATOR BAM AQUINO
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Ni. Piesiuent, uistinguisheu colleagues, goou afteinoon.
It is my honoi anu piivilege to stanu befoie you touay to sponsoi Senate Bill No. 2u46 unuei
Committee Repoit No. 1u, otheiwise known as the uo Negosyo Bill. This measuie aims to facilitate
ease of uoing business, push the giowth of micio anu small enteipiises, cieate jobs anu livelihoou
aiounu the countiy, anu hopefully achieve the inclusive giowth that millions of oui fellow
Filipinos uespeiately wish to be pait of.
'ABCDEFGBHDA
The fact that the Philippines has giown astounuingly ovei the past thiee yeais is no longei news
to us. Since 2u1u, the auministiation of Piesiuent Benigno Aquino III has woikeu haiu to institute
fiscal iefoims anu anti-coiiuption measuies that have leu to iobust economic giowth, global
investoi confiuence, anu oui iecently eaineu investment giaue iatings by Noouy's, Fitch, anu
Stanuaiu & Pooi. Fiom being the "Sick Nan of Asia" just a uecaue oi so ago, we aie now among the
"Bieakout Nations"
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anu one of Asia's "Rising Stais."
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Touay, we aie seconu only to China in teims
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Shaima, R. (2u12) 31$%*45. 6%.,4-&7 8- "51&5,. 49 .)$ 6$:. ;(4-4<,( =,1%(#$&. New Yoik: W.W. Noiton & Company.
2
Toiies, T. (27 Novembei 2u1S). Phl lone Asian countiy in S&P list of iising stais. >)$ "),#,??,-$ @.%1. Last accesseu
on 16 Becembei 2u1S thiough <http:www.philstai.combusiness2u1S11271261217phl-lone-asian-countiy-
sp-list-iising-stais>.
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of giowth.
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}ust the othei uay, Stanuaiu & Pooi ieleaseu a iepoit saying that the Philippines will
continue to be the "fastest-giowing economy" in the ASEANuespite the uevastation wiought by
Yolanua, anu cognizant of the iebuiluing effoits in uiffeient piovinces aiounu the countiy.
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We can say that oui macioeconomic numbeis, especially ovei the past yeai anu a half, have been
phenomenal. Bowevei, all this giowth means nothing if we cannot cieate jobs, livelihoou, anu
"mass employment"
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foi millions of pooi Filipinos. A,-/, ?4 *%.%-++%?B.%-++%? -% )%C%-+
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Fiom oui peispective as Chaiiman of the Senate Committee on Tiaue, Commeice anu
Entiepieneuiship, anu baseu on oui expeiience as a social entiepieneui woiking with uiffeient
pooi communities, we have iuentifieu seveial keys to unlocking inclusive giowth. These aie: (1)
compiehensive anu meaningful suppoit foi micio, small, anu meuium enteipiises; (2) unhinueieu
access to inclusive finance; (S) suppoit foi social enteipiises thiough inclusive supply chains; (4)
a K+12 euucational system geaieu towaius enteipiise uevelopment anu job placement; anu (S) a
cleai pipeline foi the 4Ps piogiam towaius piouuctivity.
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0nueipinning all of these is the uevelopment of oui micio anu SNE sectoi, which accounts foi
99% of all businesses in the Philippines
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anu at least 66% of all jobs in the laboi foice.
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The
numbeis show that boosting the NSNE sectoi will help us cieate moie uecent, sustainable jobs
that can lift many Filipinos out of poveity. We also neeu to look at NSNEs as a pipeline foi
uevelopment, insteau of seeing the micio, the small, anu the meuium enteipiises in silos. We neeu
piogiams that will enable micio enteipiises to entei the foimal economy; oui goal shoulu be to
help them "giauuate" into SNEs so that they giow anu geneiate ievenue anu jobs foi oui
communities.
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Lema, K. (28 Novembei 2u1S). PB giowth slowest in moie than a yeai. F3@BG36-$H&E(4<. Last accesseu on 16
Becembei 2u1S thiough <http:www.abs-cbnnews.combusiness11281Sphilippines-gup-iose-qS>
4
Toiies, T. (1S Becembei 2u1S). S&P expects Phl to iemain fastest giowing in Asean. >)$ "),#,??,-$ @.%1. Last
accesseu on 16 Becembei 2u1S thiough <http:www.philstai.combusiness2u1S121S1267S8usp-expects-phl-
iemain-fastest-giowing-asean>
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Balisacan, A. (2u12) Acceleiating Socioeconomic uiowth thiough Social Business. @4(,%# 35&,-$&& @5<<,.E
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Aquino, P.B. Iv (2u1S) NFI Nu0s & Inclusive uiowth: Notes on the Niciofinance Bill of 2u1S. F ?1$&$-.%.,4- .4 .)$
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Philippines, Bepaitment of Laboi anu Employment (2u1S) Position Papei of the Bepaitment of Laboi anu
Employment (2u1S).
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Philippines, Bepaitment of Tiaue anu Inuustiy-Buieau of Nicio, Small anu Neuium Enteipiise Bevelopment (2u1S)
Comments Inputs on Senate Bills Relating to the Nicio, Small anu Neuium Enteipiises.
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NSNE uevelopment is a continuum that neeus suppoit at each stage fiom the goveinment anu the
piivate sectoi.
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At its coie, the uo Negosyo Bill auuiesses this cuiient gap in oui goveinment suppoit systems. By
empoweiing anu suppoiting oui NSNEs, which compiise 99% of all businesses in the countiy, we
set them on a pipeline foi uevelopment. Bence, this bill, is a "founuational" anu necessaiy aspect
of oui countiy's inclusive giowth agenua.
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At the heait of the uo Negosyo Bill is infiastiuctuie anu suppoit foi NSNEs at the city anu
municipal level so that each local goveinment is able to boost NSNE giowth anu pioviue jobs anu
livelihoou foi theii constituents.
That saiu, we have uesigneu the uo Negosyo Bill to connect to anu complement two existing laws:
the Nagna Caita foi NSNEs anu the BNBE Law. It ueepens the Nagna Caita foi NSNEs by
establishing Negosyo Centeis supeiviseu by BTI in each city anu municipality as a hub foi NSNE
iegistiation anu uevelopment. Entiepieneuis of all sizes will know they have a paitnei in staiting
anu giowing theii businesses, anu getting access to the iight kinu of tiaining, mentoiing, anu value
chain linkages.
Some of the functions of the pioposeu Negosyo Centeis incluue, but aie not limiteu to, the
following:
Piomote ease of uoing business by integiating a single business piocessing system foi
NSNEs anu cooiuinatingfacilitating goveinment piocesses anu iequiiements ielateu to
the iegistiation, set-up anu management of NSNEs;
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Facilitate access to giants anu othei foims of financial assistance, shaieu seivice facilities
anu equipment, anu othei suppoit foi NSNEs;
0iganize mentoiing piogiams foi piospective anu cuiient entiepieneuis anu investois,
anu offei seivices on tiaining, financing, anu maiketing. This incluues mapping out
infoimation anu seivices ielateu to key value chains anu economic subsectois within the
Lu0's juiisuiction;
Cooiuinate with schools anu oiganizations on the uevelopment of a youth
entiepieneuiship tiaining piogiam;
Builu local suppoit netwoiks anu establish maiket linkages foi NSNE uevelopment;
suppoit piivate sectoi activities ielating to NSNE uevelopment; anu conuuct othei
piogiams oi piojects foi entiepieneuiial uevelopment aligneu with the national NSNE
uevelopment plan.
(Foi a full list of the pioposeu functions of the Negosyo Centei, please iefei to Section 4 of
the uo Negosyo Bill.)
We believe that incieasing the iesouices anu the ieach of the Bepaitment of Tiaue anu Inuustiy
(BTI) will help them be moie iesponsive in auuiessing the conceins of oui NSNEs.
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Simplifieu anu summaiizeu veision of Senate Bill No. 2u46, unuei Committee Repoit No. 1u, "An Act Piomoting The
Reuuction 0f Poveity Thiough The Bevelopment 0f Nicio, Small Anu Neuium Enteipiises", Sec. 4, (a) to (e), 2-4.
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The uo Negosyo Bill is also pushing foi stiongei piivate sectoi iepiesentation, as well as the
inclusion of moie goveinment agencies, in the NSNE Bevelopment (NSNEB Council), to ensuie
tightei public-piivate collaboiation in auuiessing the neeus of the NSNE sectoi.
Anothei key featuie of the uo Negosyo Bill will unlock the benefits of the Baiangay Nicio Business
Enteipiises (BNBE) Law. The BNBE Law was passeu in 2uu2, but unfoitunately, only less than
one peicent (1%) of all micio enteipiises have availeu themselves of its benefits. We believe that
if we simplify anu uesign moie appiopiiate piocesses, cut ieu tape, anu give NSNEs a stiong
suppoit system, we will finally be able to piomote ease of uoing business anu iealize the intenueu
vision of the BNBE Law.
0nce again, Ni. Piesiuent, uistinguisheu colleagues, on behalf of oui paitneis in the BTI anu the
piivate sectoi, we aie piivilegeu anu honoieu to sponsoi befoie this august bouy the uo Negosyo
Bill, a piece of legislation cieateu to help oui countiymen out of poveity anu towaius a path to
piospeiity.
We humbly ask foi oui esteemeu colleagues' suppoit anu consiueiation.
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