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Duterte says tax reforms boosted growth before COVID-19 hit

ABS-CBN News
Updated as of Jul 26 08:01 PM

The tax reforms passed by Congress helped drive economic growth before the arrival of the COVID-19 pandemic, President Rodrigo Duterte said on Monday during his last State of the Nation Address.  Read more »

New Delta variant threatens recovery of small, medium firms: ILO

ABS-CBN News
Posted at Jul 23 11:58 AM

MANILA— The "success" of recovery and keeping the quality of jobs to pre-pandemic levels depends on how the government will address the new COVID-19 Delta variant, the International Labor Organization said Friday.  Read more »

Japan, ILO earmark $2.2-M to restart small PH firms hit by pandemic

ABS-CBN News
Posted at Jul 15 05:26 PM

The International Labor Organization said Thursday it partnered with the government of Japan to launch a $2.2 million (P110 million) project to support the safe return to work of pandemic-hit MSMEs in the Philippines. Read more »

Foreign chambers back $200-K minimum capital for retail trade entry

ABS-CBN News
Posted at May 26 03:53 PM

Foreign business groups in the Philippines are backing the House’s proposal to lower the minimum capitalization requirement to $200,000 for foreigners to enter the country’s retail sector.  Read more »

BPI says to boost support for small, medium agri-related businesses

ABS-CBN News
Posted at May 25 03:11 PM

BPI on Tuesday said it would increase support for agriculture-related small and medium enterprises, through its Business Banking unit. Read more »

'Hesitant to borrow': 70 pct of P10-B fund for small businesses still intact - DTI

ABS-CBN News
Updated as of Apr 23 10:43 AM

MANILA - At least 70 percent of the P10-billion fund allocated to help small businesses remains intact as several establishments are hesitant to borrow money during the pandemic, Trade Secretary Ramon Lopez said Friday. Read more »

Expanded access to satellite technology to boost digitalization in PH: BSP

Bruce Rodriguez, ABS-CBN News
Posted at Apr 15 06:10 PM

The Bangko Sentral ng Pilipinas said Thursday the measure meant to expand internet providers' access to satellite services will "contribute" to its financial inclusion and digitalization goals. Read more »

Mga maliliit na negosyo pinakasapul na sektor ng pandemya: pag-aaral

ABS-CBN News
Updated as of Apr 11 06:24 PM

Sa isang pag-aaral, lumabas na ang mga micro, small at medium enterprise ang pinakaapektadong sektor ngayong COVID-19 pandemic. Read more »

Disinfecting lotion, DIY ice scramble, ilang maaaring subukan ngayong pandemya

ABS-CBN News
Updated as of Mar 23 04:13 PM

Ngayong isang taon nang may quarantine classifications na inilatag sa bansa dahil sa coronavirus disease (COVID-19) pandemic, may iilang gumamit ng lockdown para makalikha ng ilang negosyo na makakatulong sa mga nasa loob at labas ng bahay habang tag-init at habang mahigpit ang quarantine.   Read more »

Connected women are key to pandemic recovery in the Philippines

Beth Ann Lim, director for APAC Policy Programs and Government Outreach, Facebook
Posted at Mar 11 06:56 PM

Women represent half the world’s population and half of its potential to grow, create opportunities and to overcome poverty.  Read more »

Financial execs 'strongly urge' passage of GUIDE bill to aid small businesses

ABS-CBN News
Posted at Feb 25 05:18 PM

A group composed of the country’s top financial executives is urging Congress to pass a bill that seeks to provide financial assistance to distressed micro, small and medium enterprises (MSMEs). Read more »

Ilang MSMEs umutang sa gobyerno para mabuhay ang negosyo

ABS-CBN News
Posted at Feb 19 09:54 PM

May ilan na binuhay ang sariling negosyo gamit ang utang mula sa gobyerno. Read more »

Makati firms' employees included in free vaccination program: mayor

Gillan Ropero, ABS-CBN News
Updated as of Jan 31 02:26 PM

Makati's COVID-19 vaccination program will include employees of all registered businesses in the city regardless of their residence, Mayor Abby Binay said Sunday. Read more »

'Oxygen to keep patient alive': Banker calls for sustained lending to small firms

ABS-CBN News
Posted at Jan 28 12:28 PM

A Philippine banker is calling on his colleagues in the banking sector to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient. Read more »

Women suffer 54 percent of pandemic job losses: IFC official

ABS-CBN News
Posted at Jan 27 04:32 PM

IFC said this has pushed over 50 million women into poverty during the pandemic, as they mostly work in services, tourism and retail sectors -- which are the hardest hit by the lockdown restrictions. Read more »

UnionBank targets MSMEs with new app

ABS-CBN News
Posted at Jan 19 07:07 PM

The SME app lets business owners apply for a loan, manage their inventory and their respective teams, gain more knowledge about the local landscape, as well as expand their network all in one place, UnionBank said.  Read more »

Financial execs oppose Cha-cha, say gov't must focus on economic recovery

ABS-CBN News
Posted at Jan 18 06:50 PM

The premier group of the country's top financial executives has "strongly opposed" changes to the Constitution through the government's proposed charter change (Cha-cha), as amendments should be limited to economic reforms. Read more »

Get to know Investree, PH's first crowdfunding platform for small businesses

ABS-CBN News
Posted at Jan 15 12:46 PM

Investree Philippines, the country's first crowdfunding platform, is enabling peer-to-peer lending in the country to support funding needs of small and medium enterprises (SMEs).   Read more »

Philippines' first crowdfunding platform gets SEC approval, to support MSMEs

ABS-CBN News
Posted at Jan 08 11:55 AM

The Securities and Exchange Commission (SEC) has approved the first licensed crowdfunding platform to operate in the Philippines. Read more »

DTI launches online platform for farmers, MSMEs; appeals to Pinoys to buy local

ABS-CBN News
Posted at Dec 14 04:32 PM

The Department of Trade and Industry is urging Filipinos to buy and eat local products and support the micro, small and medium enterprises (MSMEs) through its last two Bagsakan projects for the year and ordering local goods online. Read more »