DTI: 500,000 more business registrants since pandemic onset

More than 500,000 new business names were registered in the Philippines from March 2020 to January 2021, the Department of Trade and Industry said, with retail via internet or online selling leading at 87,223 and retail selling in sari-sari stores at 68,241.

DTI NCR Regional Director Marcelina Alcantara said this shows the resilience of the Filipino people after the coronavirus pandemic led to hundreds of thousands of our countrymen being displaced from their jobs.

Andro Bernard used to work as an optometrist’s assistant in a clinic in the city of Manila. After losing his job during the pandemic, he was forced to sell different kinds of things, from perfume to bread and other sanitary supplies, just to get by. Bernard said his wife was about to give birth when the COVID-19 pandemic hit.

After a few months of learning the ins and outs of trading, he was finally able to start his own online store focusing on fruits, vegetables, seafood, and cooked food.

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