Issue of April 16, 2017
Mt. Province

66th Courier Anniversary Issue
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DTI warns public vs scammers, poseurs
by Art Tibaldo

The Department of Trade and Industry is warning the public against transacting with representatives of financial institutions offering low interest loans.

The DTI said the same is actually a scheme out to prey in gullible residents.

“Please be informed that certain groups and individuals posing as legitimate representatives of financial institutions were reported to be doing business in the city offering loans with low interests but are actually a scheme to prey on gullible residents.”

“The Department of Trade and Industry together with its attached agency and financing arm, Small Business Corporation (SB Corp.) strongly warns the public that they do not send out agents to process identification cards and list registrants for loan applicants under the Pondo sa Pagbabago at Pag-asenso (P3) program. The SB Corp. clarifies that they only recognize government issued IDs as proof of identification,” a public service announcement released by the DTI stated.

P3 is a funding program that provides microenterprises an alternative source of financing that is easy to access and made available at a reasonable cost. This program is meant to boost the development of micro, small, and medium enterprises, particularly those that comprise about 90 percent of registered enterprises in the country.

Interested entrepreneurs may visit the Small Business Corp. North Luzon with office address at Unit 2A, Jesnor Bldg, 1 Cariño, Corner Otek streets, Baguio City or call 424-7647.

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Baguio Country Club
Department of Tourism – CAR
University of Baguio
Venus Parkview Hotel

Congressman Mark O. Go
Department of Health – CAR
Kings College of the Philippines
Lepanto Consolidated Mining Company
Mayor Mauricio G. Domogan
Narda’s Handwoven Arts & Crafts Inc.
Philex Mining Corporation
Pines City Colleges
Province of Benguet
Sangguniang Panlungsod
SM City Baguio
Social Security System

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Central University
Baguio Heart and Lung Diagnostic Center Inc.
Baguio Memorial Chapels Incorporated
Baguio Water District
Bureau of Fisheries and Aquatic Resources – CAR
C & Triple A Supermart
Congressman Ronald M. Cosalan
Curamed Pharmacy
Data Center College of the Philippines of Baguio City Inc.
Department of Agriculture – CAR
Department of Environment and Natural Resources – CAR
Department of Trade and Industry – CAR
Department of Transportation – CAR
Easter College Incorporated
Fabulo Beauty and Image Salon
Fast East Pacific Commercial
Filipino–Japanese Friendship Association of Northern Luzon, Inc.
GMS Technology
Immigration Network Services, Inc.
La Funeraria Paz, Inc.
Mayor Romeo K. Salda
MMS Development Training Center Corporation
Mother Earth Deli Basket
National Economic & Development Authority–CAR
Overseas Workers Welfare Administration
Philippine Science High School – CARC
R.A. Gapuz Review Center
Regional Tripartite Wages and Productivity Board – CAR
Solibao – Ganza Restaurant
Technical Education and Skills Development Authority

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