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“Go Negosyo Act”, the Act seeks to strengthen micro, small and medium enterprises (MSMEs) to create more job opportunities in the country. It was signed into law by the President Benigno S. Aquino III on 15 July 2014, and which took effect on 13 January 2015. The Department of Trade and Industry (DTI) issued Department Administrative Order (DAO) No. 14-5 Series of 2014: “Implementing Rules and Regulations for Republic Act No. 10644″. The basic policy of the “Go Negosyo Act” is to foster national development, promote inclusive growth, and reduce poverty by encouraging the establishment of MSMEs that facilitate local job creation, production and trade in the country. The law seeks to promote “job generation and inclusive growth through the development of MSMEs” in the country Establishment of “Negosyo Centers” in all provinces, cities and municipalities to promote “ease of doing business and facilitate access to services for MSMEs within its jurisdiction” Technology transfer, productio
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