Trading flourished but less agribusiness in 2019

By February 16, 2020Business, News

DATA from the Department of Trade and Industry (DTI) shows while trading, personal services, manufacturing and industrial activities in Pangasinan increased, a drop in agribusiness was noted in 2019.

This was gleaned from the 14,931 establishments registered that did businesses in Pangasinan last year that reflected 25.16 percent more than 11,930 in 2018.

DTI-Pangasinan provincial director Natalia Dalaten said most of the businesses registered in 2019 were in trading (7,252), followed by personal services (6,340), manufacturing (879), agribusiness (284), and industrial services (176).

She said all of the industries except agribusiness increased in number with trading posting the highest, from 5,280 in 2018 to 7,252 in 2019.

Manufacturing rose from 702 in 2018 to 879 in 2019; personal services from 5,393 in 2018 to 6,340; industrial services from 116 to 176; while agribusiness was down from 439 to 284.

Meanwhile, some 3,000 business names were already registered with DTI-Pangasinan as of January 2020 excluding those that registered online through the Business Name Registration System (BNRS), Dalaten said.

The BNRS was created last year to cater to business single-proprietors who live in far-flung areas or are too busy to visit DTI offices or Negosyo Centers.

For business name online registrations and renewals, proprietors may visit www.dti.gov.ph and click the BNRS Next Gen. ((Helen Martin)

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