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Lemi to include MSMEs in its digital platform

TECHNOLOGY company Lemi plans to expand its digital platform to include micro, small, and medium enterprises (MSMEs).

Legislator seeks immediate release of Bayanihan II funds for MSMEs

A LEGISLATOR urged the Department of Trade and Industry (DTI) to expedite the release of stimulus funds intended to help small firms stay afloat.

BSP exploring supply chain financing for MSMEs

THE Bangko Sentral ng Pilipinas (BSP) is evaluating a plan to provide financing to micro-, small-, and medium-sized enterprises (MSMEs) that belong to the supply chains of larger firms, easing their collateral requirements by leveraging the superior credit profiles of their major customers.

[B-SIDE Podcast] Bend, don’t break: business lessons from bamboo

https://open.spotify.com/episode/43mW6OZpjJobYomarOnhOp Follow us on Spotify BusinessWorld B-Side The COVID-19 pandemic wiped out 80% of the revenue of Bambike, a socio-ecological enterprise that handcrafts bamboo bicycles. Prior to...

MSME loans counted as alternate reserve compliance reach P80B

THRIFT LENDERS have disbursed P80 billion in loans to micro-, small-, and medium-sized enterprises (MSMEs) that qualify as alternate reserve requirement compliance, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said on Tuesday.

[B-SIDE Podcast] Resparking your business: tips from seven entrepreneurs

https://open.spotify.com/episode/5bEuDxYuswrwaD1DIcqEII Follow us on Spotify BusinessWorld B-Side Patrick “Patch” Dulay,  co-founder of local crowdfunding platform The Spark Project, is turning a series of webinars into a...

Diskarte: The best powers of today’s entrepreneur

G Summit of Globe myBusiness encouraged MSMEs to harness their inner diskarte By Adrian Paul B. Conoza, Special Features Writer The pandemic has inevitably sent a...

Shell launches mentoring program for startups

Six local businesses will participate in Shell Livewire, a global enterprise development program by energy company Shell and its government partners. The program launched...

Credit assistance programs available for exporter-MSMEs 

Banks have lending programs designed to assist Filipino micro, small, and medium enterprises (MSMEs) that have been affected by COVID-19, reminded panelists in the Department of Trade and Industry-Export Marketing Bureau’s bank credit assistance webinar. 

MSMEs say operations still limited despite easing lockdowns

MOST MICRO, small, and medium-sized enterprises (MSMEs) reported that they remain unable to fully reopen or are still closed even after lockdown restrictions were eased, citing weak demand, mobility issues and lack of funds, according to a survey by the United Nations Development Programme’s (UNDP) Philippine office.

Small-business closure rate dwindles to 6% in Aug., Sept.

THE percentage of small businesses that remain closed during the lockdown dropped to 6% in August and September, according to the Department of Trade and Industry, citing the results of a limited survey.

Four steps to building a strong startup team

So you’ve successfully laid the foundation for your startup. It’s time to move on to the next phase: building a team.

Closing a business in the Philippines in the middle of a...

Closing a business may prove to be more expensive than opening one. That was what Andrew Pasaporte, co-founder of on-demand spa mobile app Sparadic, found out last month when he and his partner, Cha Rapadas, decided to close shop. Spararadic and the spa services in its roster are in the same boat as the 200 permanent business closures tallied by the Department of Labor and Employment during the COVID-19 pandemic.

Lawmaker seeks more funds for small businesses

A LAWMAKER has called on the government to provide more funding to help small businesses as they cope with the effects of the pandemic.

80% of SB Corp clients have problems with their loans due...

ABOUT 80% of Small Business Corp. (SB Corp.) borrowers have said that they cannot continue their loan agreements due to the coronavirus disease 2019 (COVID-19) pandemic, SB Corp. President and Chief Executive Officer Ma. Luna E. Cacanando said.

Shopee and BillEase offer seller loan program for MSMEs

The program offers loans and terms that will help ease Filipino MSMEs' struggles through the quarantine’s negative effects.

Digitizing and empowering MSMEs in fashion supply with Zilingo

Zilingo launches suite of services for MSMEs selling on their platforms—ranging from branding and marketing to extending credit for more consistent sellers.

Pushing the local export industry forward

This first week of December, the Department of Trade and Industry (DTI) through the Export Marketing Bureau (EMB), together with the Philippine Exporters Confederation...

Bill on mandatory lending for MSMEs filed

A MEASURE expanding the mandatory credit to micro, small, and medium enterprises (MSMEs) and imposing stiffer penalties on noncompliant lending institutions has been filed in the Senate.

Globe myBusiness joins hands with AFFI to promote franchising among Filipino...

In an effort to promote entrepreneurship in the Philippines, Globe myBusiness has joined hands with the Association of Filipino Franchisers, Inc. (AFFI) in bringing...

Co-working spaces seen to grow by 10% — Colliers report

FLEXIBLE WORKING spaces in the Philippines are seen to grow by 10% annually over the next three years, as micro, small, and medium enterprises (MSMEs), multinational companies, and outsourcing firms continue to expand, Colliers International said.

MSMEs, tech start-ups meet in DTI’s Slingshot Cebu 2018

START-UPs, entrepreneurs, innovators, educational institutions, and government agencies are gathering today, Oct. 23, at the Cebu City Sports Club for the Slingshot Cebu 2018 innovation summit organized by the Department of Trade and Industry (DTI).

SB Corp considering up to P1.7 billion for MSMEs

THE Small Business Corp. (SB Corp.) is considering up to P1.7 billion in funds to lend to micro, small and medium entrepreneurs this year, more than double last year’s funding.

DBP loans to MSMEs reach P13 billion in first half —...

THE DEVELOPMENT Bank of the Philippines has provided P13 billion worth of loans to micro, small, and medium enterprises (MSMEs) in the first semester,...

Small businesses in the Philippines continue to grow

By Jochebed B. Gonzales, Senior Researcher Micro-, small- and medium-sized enterprises (MSMEs) are businesses employing less than 200 workers or those with an asset size...

Senate OK’s on third and final reading bill that improves MSMEs...

The Senate on Monday, May 28, passed on third and final reading a bill improving the access of micro, small, and medium enterprises (MSMEs)...

DTI to provide assistance to MSMEs affected by Boracay closure

The Department of Trade and Industry is looking to boost its livelihood programs in Boracay to especially assist micro, small, and medium entrepreneurs (MSMEs)...

Duterte signs EO approving development plan for MSMEs

Malacañang announced on Tuesday, April 10, that President Rodrigo R. Duterte has signed Executive Order (EO) No. 50 approving the development plan for 2017-2022...

Uplifting the MSMEs

By Romsanne R. Ortiguero The Philippines is considered as one of the fastest-growing economies in Asia, and one of the critical drivers of this growth...

The boundless opportunity of e-commerce

By Bjorn Biel M. Beltran, Special Features Writer The invention of the Internet is now long past, and the world with regards to connectivity is now...