
THE Department of Agriculture (DA) has signed a memorandum of knowledge with Go Negosyo for the implementation of Kapatid Agri Mentor Me Program (KAMMP), which objectives to scale up micro and small agencies within the countryside.
In 2016, Go Negosyo, in partnership with the Department of Trade and Industry (DTI), rolled out Kapatid Mentor Me Program (KMME), imparting organizations with weekly training periods executed by their mentors.
Mentors are enterprise owners or practitioners throughout one of a kind practical areas of entrepreneurship. The classes are held in DTI’s Negosyo Centers throughout the united states of america and are stretched over the course of 12 weeks.
“KAMMP hopes to take the identical established and enabling components because the KMME and use it on the context of agripreneurs,” said Joey Concepcion, Go Negosyo founder and Presidential Adviser for Entrepreneurship.
The DA is remitted to promote agricultural improvement by imparting the policy framework, public funding, and guide services wanted for domestic and export-oriented enterprise organizations.
Thus, KAMMP became developed with Go Negosyo as a training program for agriculture as a complement to the government’s projects to help maintain and scale up agri-commercial enterprise inside the u . S . A ..
Agri-enterprise industry practitioners with an extensive information of their discipline will teach this system’s modules. The goals of the program are to equip agripreneurs with the right production techniques, mindset and values, practical expertise and techniques, and session services to foster a success and sustainable agri-corporations.
The MOU will be observed with a discussion by means of the 2 events for an Asean agri summit within the foreseeable future, Concepcion brought.
The united states’s output index continued to boom in March and hit the best score for the primary zone of the yr, a Purchasing Managers’ Index (PMI) survey with the aid of IHS Markit showed Monday.
The Nikkei Philippines Manufacturing PMI in March recorded a manufacturing score of 53.8, better than the 53.6 index in February and 52.7 in January.
The survey attributed the robust manufacturing index to the stable tempo of growth of total e-book order final month.
It delivered that growth tasks of production centers right here additionally contributed to the producing PMI increase in March.
“The March survey factors to a similarly strengthening inside the charge of expansion of the Philippines’ production zone, which bodes nicely for financial overall performance inside the first quarter. Growth is being pushed mostly by means of sturdy home call for, stemming from buoyant clients and public infrastructure spending especially,” stated IHS Markit economist Bernard Aw.
The PMI survey stated that production agencies are dealing with more manufacturing requirements, which brought about the hiring of extra employees ultimate month.
The usa recorded a four-month high employment index in March, it stated, adding that groups’ increment in team of workers is likewise pushed by using their deliberate enterprise expansions.
Moreover, companies have increased the purchasing degree in their inputs final month, awaiting the upward push in call for and charge hike due to the depreciation of the Philippine peso.
“The weaker change rate way that costs for imported inputs continued to be extra high priced than before. Firms have been able to skip on much of the better charges to clients as call for for Filipino goods stays sturdy,” Aw noted.
He additionally referred to that the united states of america’s manufacturing PMI is expected to develop, supported by strong spending from both public and private sectors.
“However, the manufacturing zone was now not acting as properly in the first region because it had within the fourth sector of remaining yr,” he stated.
Meanwhile, Philippine manufacturing PMI was the second one most powerful in Asean for the month of March, next to Vietnam, which won a score of fifty four.6.
Following the Philippines were Myanmar with an index of 53.1, Indonesia with 50.Five, Singapore with 50.4, Thailand with 50.2, and Malaysia with 49.5.
PMI is a hallmark of the producing region’s health based totally on sub-additives, including new orders, output, employment, providers’ delivery instances, and shares and purchases.
Indices above 50 signal development in commercial enterprise situations, even as readings below 50 display deterioration.