September 3, 2025 | 12:00am
MANILA, Philippines — Enterprise names registered with the Division of Commerce and Trade (DTI) rose in August from the identical month final 12 months, marking the primary year-on-year improve seen since January.
Information from the DTI confirmed that complete enterprise names registered with the company reached 74,185 in August, up by two % from 72,680 filings in the identical month final 12 months.
The enterprise registrations cowl each new enterprise names and renewals.
By sector, wholesale and retail commerce accounted for the largest share, with 38,113 enterprise names registered in August.
This was adopted by lodging and meals service actions with 10,504 enterprise title filings in August.
Transportation and storage positioned third with 4,672 enterprise registrations.
Information additionally confirmed that Area IV-A or Calabarzon had the biggest share of enterprise title registrations, with filings reaching 14,382 in August.
The Nationwide Capital Area had the second greatest share with 13,256 enterprise title filings in August.
Central Luzon positioned third with 10,956 enterprise names registered in August.
Whereas enterprise title registrations elevated year-on-year in August, the full enterprise title filings have been down by seven % to 782,523 within the January to August interval from 838,856 in the identical interval final 12 months.
Rizal Business Banking Corp. chief economist Michael Ricafort stated in an e mail that the year-on-year decline within the DTI’s enterprise title registrations within the eight-month interval could partly be because of the ban declared on Philippine offshore gaming operators (POGO) final 12 months.
“The ensuing slowdown within the native property or actual property sector when it comes to larger provide or vacancies after the exit of POGOs may have additionally slowed down the suppliers or provide chains of some property or actual property or development companies, thereby slowing down new enterprise ventures that will have in any other case serviced or catered to them,” he stated.
Final 12 months, a complete of 1.06 million enterprise names have been registered with the DTI.
