Cagayan Valley Region Ranks 13th Place in the Results of the 2018 Census of Philippine Business and Industries (CPBI) Phase 1

Reference Number: 

PR-2019-010

Release Date: 

Friday, August 2, 2019

Body: 

Cagayan Valley Region ranked 13 among the 17 regions in terms of the number of establishments in the country.  This was presented
by Ms. Nenita Rebarter, Chief Statistical Specialist (CSS) of the Service and Industry Census Division during the Dissemination Forum
on the 2018 Census of Philippine Business and Industries (CPBI) Phase 1 on July 31, 2019 at Crown Hotel, Tuguegarao City.

Engr. Girme M. Bayucan, Statistical Operations and Coordination Division (SOCD) Chief welcomed some 64 participants
from different sectors of society; representatives from Regional Line Agencies (RLAs), academe sector, private sectors and partners
from the media.

In his message, Engr. Bayucan shared the importance of disseminating to the public timely and relevant statistics. He emphasized
the need of updating the status and basic characteristics of the list of establishments.

During her presentation, CSS Rebarter explained that the List of Establishment is a list of all operating establishments
in the Philippines within the defined scope and coverage. Meanwhile the updating of the list of establishments or ULE
is the comprehensive nationwide conduct of updating of the Statistical Business Register (SBR) using android tablet-based application
which involves door-to-door canvassing, updating of the operation status and basic characteristics of the establishments listed
in the SBR and listing/adding of records of new establishments or those which are not yet listed in the SBR.

According to CSS Rebarter, an establishment is an economic unit, under a single ownership or control, under a single legal entity,
engaged in one or predominantly one kind of economic activity at a single fixed location like insurance companies,
real estate development companies, restaurants, banks, hotel and restaurants, etc. While on the other hand ambulant vendors
or sari-sari stores with no regularly paid employees and open stalls in shopping centers, malls and markets  are not considered
as an establishments.

She then presented the 2018 CPBI Phase 1 results; out of the 1,003,111 recorded establishments in the Philippines (PH),
30,751 establishments or about 3.1 percent are in Region 2. The province of Isabela has the biggest contribution
to the total number of establishment in Region 2 with a total of 13,685 establishments or 44.5 percent, followed by the province of Cagayan
with 9,839 listed establishments or about 32 percent, then the province of Nueva Vizcaya with 5,169 listed establishments or 16.8 percent,
followed by the province of Quirino with 1,739 establishments or 5.7 percent and lastly the province of Batanes with 319 establishments
or 1 percent. CSS Rebarter also emphasized that the province of Isabela ranked 20 in the provincial ranking of the most number of establishments.

CSS Rebarter also presented the top five (5) industry sections in Cagayan Valley Region which are Repair of Motor Vehicles and Motorcycles (50.2 percent),
Manufacturing, (15.8 percent), Accommodation & Food (13.6 percent), Other Service Activities (5 percent)
and Financial & Insurance Activities (4.2 percent).

For the distribution of Micro, Small and Medium Enterprises (MSMEs), 92 percent of establishments in Region 2 are classified as micro enterprises
in terms of the total employment while Small enterprises comprises of 6.9 percent while the medium and large enterprises comprise 0.2 percent
and 0.1 percent respectively.

After this, Mr. Ferdinand P. Tumaliuan, Assistant Regional Director of the National Economic and Development Authority (NEDA) Region 02
thanked the PSA for the disseminating a comprehensive  briefer and welcomed the updated information.

ARD Tumaliuan said that although the statistics show Region 2 is doing well in terms of generating investments and making investments more attractive,
the public have to note that there are enterprises that are not registered in the list but contributed significantly in the economy like ambulant vendors
and electronic shopping, he suggested PSA to enhance information to better capture in the Gross Regional Domestic Product in Region 02.

He also posted a challenge with the agencies present to extend appropriate programs, projects and services for micro and small enterprises
to become bigger stronger and absorb more employment. He also challenged the Local Government Units (LGUs) present
to intensify promotion of local investments to increase competitiveness in the local level for the competitiveness index and make investments
more attractive. “For LGU’s don’t hesitate to identify projects that would connect provinces to provinces, municipalities to other municipalities,
regions to regions and submit it to appropriate national agencies,” Tumaliuan said. Lastly, ARD Tumaliuan encouraged the participants
to use the data presented for decision making and implementing programs that will help build the economy of Region 2, intensify investment promotion
to attract foreign and local investors by creating good investment-climate though streamlining of procedures, simplifying of requirements,
promoting incentives and easing of cost of inputs. Pursue reforms to improve the Philippine business environment.

 

 

MARILYN T. ESTRADA
Regional Director
 
 
 
//GMB/MINM