August 24, 2025 | 12:00am
MANILA, Philippines — Enterprise identify registrations and renewals filed on the Division of Commerce and Trade (DTI) fell by practically a tenth in July, as exercise slowed in main sectors together with retail, lodging, manufacturing and actual property.
Information from the federal government company’s enterprise identify registration system confirmed that listings in July dropped to 79,317 from 87,059 recorded in the identical month a 12 months in the past, indicating an 8.9-percent drop.
The July decline was sharper than the 5.3 p.c lower reported in June.
Of the overall in July, 69,709 or 87.9 p.c have been new registrations whereas the remaining 9,608 or 12.1 p.c have been renewals.
The wholesale and retail commerce sector remained the most important contributor, making up simply over half of all listings at 51.3 p.c, although its complete of 40,720 entries marked a 12.7-percent decline from a 12 months earlier.
Lodging and meals companies got here in second, accounting for 12.9 p.c of registrations with 10,255 entries, down by 16.9 p.c from the identical month in 2024.
Manufacturing adopted, representing 5.1 p.c of the overall with 4,070 entries, reflecting an 8.3-percent drop from final 12 months’s 4,440.
Actual property contributed 3.9 p.c, or 3,086 entries, slipping by 6.6 p.c from 3,305 beforehand.
Rounding out the highest 5, the transportation and storage sector accounted for 4 p.c, with 3,245 entries, down by seven p.c from 3,490.
Area IV-A, which covers the provinces of Cavite, Laguna, Batangas, Rizal and Quezon, nonetheless had the very best variety of listings at 14,719, which accounted for 18.6 p.c of the overall.
That is adopted by the Nationwide Capital Area, or Metro Manila, with 13,101, Area III (Central Luzon) with 10,953, Area VI (Western Visayas) with 5,207 and Area VII (Central Visayas) with 5,203.
The opposite half of the highest 10 checklist embody Area XI (Davao Area) with 3,704, Area I (Ilocos Area) with 3,680, Area V (Bicol Area) with 3,311, Area II (Cagayan Valley) with 3,050 and Area X (Northern Mindanao) with 2,838.
The DTI’s enterprise identify registration system, launched in 2019, was totally streamlined and rolled out in 2023.
In 2024, new registrations and renewals reached 1,061,739, reflecting a 7.9-percent improve from the 984,329 recorded in 2023.
Registration figures have different in recent times, totaling 916,164 in 2020, 867,647 in 2021 and 937,423 in 2022.