Join the first and the premier SME Expo in the country, the 10th Philippine Business and Entrepreneurs Expo (PBEX) set this August 30 – September 1, 2019, at Megatrade Hall 2, 5th Floor Mega B, SM Megamall, Mandaluyong City.
The event is for Micro, Small and Medium Enterprises (MSME) who are looking for new business partners and dealers.
Contribution of SMEs in the Philippines
According to the Philippines Statistics Authority (PSA) in 2017, they have recorded a total of 924,721 business enterprises operating in the Philippines.
Micro, small and medium enterprises (MSMEs) account for 99.56% (920,677) of the total establishments, of which 89.59% (828,436) were microenterprises, 9.56% (88,412) were small enterprises, and 0.41% (3,829) were medium enterprises. Large enterprises made up the remaining 0.44% (4,044).
In addition, PSA also cited that the top five (5) industries in terms of the number of MSMEs in 2017 are coming from: Wholesale and Retail Trade; Repair of Motor Vehicles and Motorcycles with 423,637 establishments; Accommodation and Food Service Activities with 121,740; Manufacturing with 116,071 establishments; Other Service Activities with 57,491 establishments; and Financial and Insurance Activities with 41,012 establishments.
These industries accounted for about 82.54% of the total number of MSME establishments.
PSA discovered that MSMEs generated a total of 4,922,251 jobs in 2017 versus 2,909,838 for the large enterprises. This indicates that MSMEs contributed almost 62.9% of the total jobs generated by all types of business establishments that year. Of these, 30.3% or 2,369,748 jobs were generated by micro-enterprises; 25.9% or 2,024,470 by small enterprises; and 6.7% or 528,033 by medium enterprises.
Why Visit the 10th PBEX 2019?
The event generates 10,000 visitors coming from different parts of Metro Manila, Rizal Provinces and Luzon. These visitors can select from over 200 companies offering different business opportunities. Several partners associations are conducting different business conferences and learning activities inside the three-day event.
The focus of the conferences and learning events are success stories, best practices, and trends that will aid aspiring and existing business owners in growing and expanding their business.
Among the categories that will be showcased in the events are health and beauty, food franchise and dealership, technology, bank, and finance, and transportation.
The 10th Philippine Business and Entrepreneurs Expo is an important event for MSMEs in the country. For years, MSMEs benefitted from the event by getting (1) more business partners, (2) strong engagement from the target market, and (3) additional learnings and insights from other successful companies.
10th PBEX 2019 Activities
Day 1: Implanting ways to communicate and support businesses
Opening the 10th Philippine Business and Entrepreneurs’ Expo on Friday (August 30, 2019) is the Online Influencers Forum at 10:00 am, which gathers together businesses and digital storytellers – content creators ranging from bloggers, vloggers, and social media personalities – to learn how business can adapt the way they communicate with their customers and how content creators can convey the messages businesses want to convey to their customer base.
To follow the Opening Ceremony set at 1:00 pm is the Business Financing & Security Summit from 3:00 pm to 7:00 pm, where financial institutions teach businesses the ways of extending their finances to expand their enterprises.
Day 2: Recognizing civic organizations and exemplary businesses
Day 2 (Saturday, August 31, 2019) will be opened with a Rotary Community Corps Convention at 10:00 am wherein livelihood businesses supported by the clubs of Rotary International District 3800 meet and discuss how they can make themselves more efficient and sustainable. This will be followed by a special program led by host club Rotary Club of Mutya ng Pasig from 1:00 pm to 6:00 pm.
This year’s SME Idols will be recognized in the awarding ceremony. SME Idols honor SME excellence in different categories.
Day 3: Expanding Business Knowledge
The third day (Sunday, September 01, 2019) is dedicated to developing business acumen as livelihood workshops supported by CDO (starting at 10:00 am) and BizDev Forum (starting at 2:00 pm) fill visitors with knowledge that they can apply to expand their business.
The BizDev Forum has invited RJ Ledesma of Mercato Centrale, RT Ilagan of Ka-Entrep, HROD Consultant Candy Mauricio, Jerry Ilao of Olern, Accounting Lecturer Sonia de Guzman and Jorge Wienike of Tokyo Tempura to share their lessons on finding niche markets, franchising, market understanding, workplace well-being, and surviving entrepreneurship.
Ten years of expanding and growing businesses
The 10th Philippine Businesses and Entrepreneurs’ Expo continues to motivate people to start running their own businesses, expand their knowledge in running it, and Connect with like-minded individuals and organizations who can help them level up.
Growing businesses is always at the heart of PBEX, and everyone is encouraged to visit and celebrate this milestone event.
This event is sponsored by LBC Business Solutions, CDO, Maxicare, PayMaya Business DV Boer Farms, SKYBIZ, BCS Systems & Technologies, Brother Philippines, Citibank, and Malungai LifeOil; and is supported by Ka-Entrep, The Pasig City Chamber of Commerce and Industry, Inc., Rotary International District 3800 (Zone 6 – Pasig), Rotary Club of Mutya ng Pasig, Inner Wheel Clubs of the Philippines, Inner Wheel Club of Antipolo Central, Philippine Marketing Association, Philippine Chamber of Commerce and Industry, Bank Marketing Association of the Philippines and the Department of Trade and Industry.
For partnerships, call tel. no. 633-0153, SMS 0920 924 2532 / 0920 981 4376 or email firstname.lastname@example.org.
For more articles, visit Trade and Travel Journal.