SEC Opens First Negros Island Satellite Office Inside NOCCI Building

On January 22, 2025, a historic press conference was held at the Negros Oriental Chamber of Commerce and Industry (NOCCI) office in Dumaguete City, which brought together key stakeholders in the business and regulatory sectors. The event featured the opening of the Securities and Exchange Commission (SEC) Negros Island Region (NIR) Satellite Office, marking a vital collaboration between local tri-media and the regulatory body.

This press conference was an important step in enhancing the partnership between the SEC, NOCCI, and the media, aiming to create better awareness, transparency, and trust within the business community of Negros Oriental. The gathering underscored the significance of local media in bridging gaps between government institutions and the public, ensuring that vital regulatory information reaches the right audiences.

The opening of the SEC-NIR Satellite office inside NOCCI Building is the first SEC Satellite office inside a Chamber of Commerce building.

SEC Opens First Negros Island Satellite Office Inside NOCCI Building

On January 22, 2025, a historic press conference was held at the Negros Oriental Chamber of Commerce and Industry (NOCCI) office in Dumaguete City, bringing together key stakeholders in the business and regulatory sectors. The event marked the official opening of the Securities and Exchange Commission (SEC) Negros Island Region (NIR) Satellite Office, signifying a vital collaboration between local tri-media and the regulatory body.

Strengthening Business and Regulatory Partnerships

This press conference was a crucial step in enhancing the partnership between the SEC, NOCCI, and the media, with the goal of fostering awareness, transparency, and trust within the business community of Negros Oriental. The SEC’s presence in the region highlights the commitment to improving accessibility and regulatory compliance for local businesses.

SEC officials emphasized that the newly established satellite office would streamline services for entrepreneurs, reducing the need for travel to distant offices for registration, compliance, and corporate governance requirements.

Bridging the Gap Between Government and Business

The gathering underscored the essential role of local media in bridging gaps between government institutions and the public. Ensuring that vital regulatory information reaches businesses effectively is crucial for maintaining compliance, fostering economic growth, and upholding good governance.

NOCCI President Edward Du welcomed the SEC-NIR office inside the NOCCI Building, calling it a groundbreaking move in regional business development. “This initiative strengthens the foundation of trust and efficiency in business regulation. Having the SEC within our premises enables direct communication and expedites processes for our local entrepreneurs,” Du stated.

First SEC Satellite Office Inside a Chamber of Commerce

The opening of the SEC-NIR Satellite Office within the NOCCI Building marks a historic milestone, as it is the first SEC satellite office to be located inside a Chamber of Commerce facility. This pioneering initiative signifies SEC’s dedication to fostering closer relationships with business communities while making regulatory procedures more efficient and accessible.

SEC Chairperson Emilio Aquino highlighted the importance of such collaborations. “Bringing our services closer to businesses ensures improved transparency, efficiency, and responsiveness. This partnership with NOCCI serves as a model for other regions looking to strengthen their business ecosystems,” Aquino noted.

Enhanced Services for Local Businesses

With the new SEC-NIR office in place, local businesses will benefit from a range of services, including:

• Business Registration Assistance: Entrepreneurs can efficiently register their corporations without traveling outside the region.
• Compliance and Reporting Support: SEC officers will provide guidance on financial reporting, corporate governance, and other regulatory obligations.
• Capacity Building: Regular workshops and seminars will be organized to educate businesses on compliance and governance best practices.

Future Prospects and Regional Impact

The establishment of the SEC-NIR Satellite Office is expected to have a lasting impact on the business climate in Negros Oriental. By promoting transparency and accessibility, the SEC and NOCCI are setting a precedent for other regional collaborations.

NOCCI Executive Director John Jalandoni expressed optimism about the future, stating, “This is just the beginning. Strengthening public-private partnerships like this will drive sustainable economic growth and empower our local business sector.”

Commitment to Growth and Innovation

As regulatory frameworks continue to evolve, the SEC-NIR office’s presence in NOCCI stands as a beacon of progress, ensuring that businesses in Negros Oriental operate within a framework of accountability and transparency. This initiative not only strengthens the local business sector but also positions the region as a model for future regulatory-business collaborations.

With this milestone achieved, NOCCI and SEC reaffirm their commitment to fostering a thriving business environment in Negros Oriental, demonstrating that transparency and partnership are key drivers of economic success.