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Philippines MSMEs remain most underbanked in Asia — Philexport
May 9, 2021 - 12:00am
The leader of the Philippine exporters have called on government to reinvest in micro, small and medium enterprises, which represent 98 percent of total enterprises and are considered the backbone of the econom...
Business
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Guaranteed MSME loans reach P1.47 billion
By Czeriza Valencia | May 6, 2021 - 12:00am
Loans of pandemic-hit smaller businesses that have been guaranteed by the government have grown sixfold in March since the guarantee program was launched in December 2020, the Department of Finance said yesterd...
Business
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P8K wage subsidy sa MSMEs workers target ng gobyerno
P8K wage subsidy sa MSMEs workers target ng gobyerno
By Ludy Bermudo | 12 days ago
Makakatanggap ng wage subsidy na P8,000 kada buwan ang mga manggagawa sa pribadong sektor na nasa micro, small and medium...
Bansa
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Government eyeing P8,000 monthly wage subsidy
Government eyeing P8,000 monthly wage subsidy
By Louella Desiderio | 13 days ago
Private sector workers in micro, small and medium enterprises may receive a wage subsidy of P8,000 each for three months as...
Headlines
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DTI approves P3.3 billion loans for MSMEs
By Louise Maureen Simeon | April 9, 2021 - 12:00am
The Department of Trade and Industry has approved over P3.3 billion worth of loans under a facility to assist micro, small and medium enterprises dealing with the impact of COVID-19 pandemic.
Business
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Bank loans to MSMEs slump 17% in 2020
By Lawrence Agcaoili | April 7, 2021 - 12:00am
Bank loans to micro, small, and medium enterprises slumped by 17 percent to P480.5 billion in 2020 from P579.13 billion in 2019 as the sector was affected by massive shutdowns due to strict mobility and quarantine...
Business
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CREATE to generate 1.4 million new jobs – lawmaker
CREATE to generate 1.4 million new jobs – lawmaker
40 days ago
About 1.4 million new jobs will be generated in the next 10 years because of a newly enacted tax law designed to help pandemic-hit...
Headlines
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PhilGuarantee to expand MSME guarantee portfolio to P4 billion
PhilGuarantee to expand MSME guarantee portfolio to P4 billion
By Czeriza Valencia | 53 days ago
State-run Philippine Guarantee Corp. will increase its guarantee coverage to micro, small, and medium enterprises to P4 billion...
Business
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NextPay gets funding from US-based start-up accelerator
By Richmond Mercurio | March 23, 2021 - 12:00am
Local fintech startup NextPay has secured a $125,000 funding from Silicon Valley-based startup accelerator Y Combinator to expand its services further and help financially underserved businesses in the country.
Business
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Nearly 5% of MSMEs remain closed – DTI
By Louella Desiderio | March 19, 2021 - 12:00am
Around five percent of micro, small and medium enterprises in the country remain closed as of this month, the Department of Trade and Industry said.
Business
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