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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Albergo Hotel and Residences
Baguio Country Club
University of Baguio
Venus Parkview Hotel

Baguio Central University
Benguet Electric Cooperative Inc.
Cong. Mark O. Go
Cong. Ronald Cosalan
Department of Education – CAR
Department of Health – CAR
Gov. Crescencio Pacalso
Lepanto Consolidated Mining Company
Narda’s and Sunflower Ridge
National Grid Corporation of the Philippines
Pines City Colleges
Sangguniang Panlungsod
SM City Baguio
University of the Philippines Baguio

Assumption Medical and Diagnostic Center
Baguio Center Mall
Baguio Water District
BSBT College, Inc.
Bureau of Internal Revenue
BVS Colleges
C &Triple A Supermart
Councilor Edgar M. Avila
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Interior and Local Government – CAR
Department of Public Works and Highways – CAR
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
GMS Technology
John Hay Management Corporation
King’s College of the Philippines
La Funeraria Paz, Inc.
Mayor Mauricio G. Domogan
Mother Earth Deli Basket
Overseas Workers Welfare Administration – CAR
Philex Mining Corporation
Police Regional Office – CAR
STI Baguio

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