Oton Business Summit 2026 Fuels MSME Growth and Investment Opportunities

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Summary

The Oton Business Summit 2026 gathered leaders to boost MSMEs, attract investments, and strengthen disaster resilience, charting a path for sustainable local economic growth.

Business & Economy

Iloilo City

PHOTO COURTESY: Oton InfoCenter
PHOTO COURTESY: Oton InfoCenter

OTON, Iloilo — The Local Government of Oton convened the Oton Business Summit 2026 on July 15 at the Sheridan Boutique Hotel, gathering entrepreneurs, government agencies, and industry leaders to shape the municipality’s economic future. The event turned a spotlight on micro, small, and medium enterprises as the engine of inclusive growth.

A Summit for Sustainable Growth

Municipal Administrator Ma. Diadema Vigo opened the summit on behalf of Mayor Sofronio L. Fusin Jr., emphasizing Oton’s ambition to become a prime investment destination in southern Iloilo. The theme, “Iloilo at a Crossroads: Sustaining Economic Growth in a Changing World,” framed the day’s discussions. Speakers tackled how the municipality can navigate shifting economic landscapes while preserving its local character.

The summit brought together a diverse roster of experts. Ms. Velma Jane of the Metro Iloilo-Guimaras Economic Development Council highlighted Oton’s role in the broader regional corridor. Mr. Jerduen “Noi” Dongor of the Philippine Chamber of Commerce and Industry–Iloilo urged businesses to embrace collaboration over competition. Each speaker provided actionable insights tailored to the local context.

Empowering MSMEs for Long-Term Success

A central focus was strengthening support systems for MSMEs, which form the backbone of Oton’s economy. Ms. Stephanie Robles of the Department of Trade and Industry Iloilo outlined programs that help small enterprises access financing, improve product quality, and expand their market reach. The summit underscored that thriving MSMEs create jobs, circulate money locally, and build community resilience.

Ms. Janene Denila of the Department of Science and Technology Iloilo introduced technology-driven solutions for small businesses. She discussed how digital tools can streamline operations and open new revenue streams. Mr. Glaiser Mones of the Department of Information and Communications Technology Iloilo followed with practical advice on adopting e‑commerce and digital payment systems, crucial for competing in a modern economy.

Building Regional Ties for Investment

The participation of the Metro Iloilo-Guimaras Economic Development Council signals Oton’s integration into a larger growth network. By aligning with regional infrastructure and logistics plans, the municipality can attract investors looking for strategic locations outside the congested capital. The summit served as a platform to market Oton’s competitive advantages.

Ms. IJ Salcedo of the Provincial Government of Iloilo shared how provincial policies support local economic initiatives. She encouraged Oton’s leaders to leverage these frameworks to fast-track infrastructure projects and business incentives. The collaboration between municipal, provincial, and regional bodies demonstrates a unified push toward prosperity.

Preparing for Disruptions and Building Resilience

Beyond growth, the summit addressed the critical need for disaster preparedness. Participants learned how to safeguard their businesses against natural and man‑made hazards. The discussions emphasized that resilience is not just about recovery but about building systems that withstand shocks.

Risk mitigation strategies included creating business continuity plans and securing insurance. Speakers shared case studies of enterprises that survived calamities through proactive planning. The goal was to ensure that Oton’s economic gains are not wiped out by unforeseen events, protecting both livelihoods and investments.

A Roadmap for the Future

A fireside chat moderated by Mr. Martin Ortiz of FyrLab Accelerator distilled the day’s insights into practical action points. Entrepreneurs engaged directly with experts, asking questions specific to their industries. The interactive format fostered a sense of shared responsibility for the municipality’s economic destiny.

Hon. Lorna Geonigo, Chairperson of the Sangguniang Bayan Committee on Trade and Industry, delivered the closing remarks. She reaffirmed the local government’s commitment to policies that nurture business growth and innovation. The summit concluded with a renewed sense of purpose among Oton’s business community.

HOMESPH NEWS

Jul 18, 2026

HomesPH

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