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Government

DTI BARES 2023-2028 MSME DEV’T PLAN

In a pivotal move to boost economic growth and innovation, Department of Trade and Industry (DTI) Secretary Fred Pascual presented the Micro, Small, and Medium Enterprises (MSME) Development Plan 2023-2028 at a sectoral meeting in Malacañang, chaired by President Ferdinand Marcos Jr. Key officials from the Departments of Agriculture, Labor and Employment, Interior and Local […]

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Politics

QC GOV’T, FDA SIGN PACT FOR MSME ASSISTANCE

As part of its efforts to aid micro, small, and medium enterprises (MSMEs), the Quezon City government has joined forces with the Food and Drug Administration (FDA) Philippines for the Bigyang-Halaga, Bangon, Micro, Small, and Medium Enterprises (BBMSME) program. The QC government and FDA Philippines signed a memorandum of agreement (MOA) for the BBMSME program, […]

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Government

PH, SG TO EXPLORE JOINT MSME DIGITALIZATION – DTI

In the virtual courtesy call of Singapore Trade Minister Gan Kim Yong to Department of Trade and Industry (DTI) Secretary Ramon Lopez, the two officials talked about further strengthening the Philippines and Singapore’s partnership in digitalizing micro, small, and medium enterprises (MSMEs). Both recognized the surge of e-commerce during the COVID-19 pandemic and its significant […]

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Government

DTI HOLDS 1ST ‘BAGSAKAN’ OUTSIDE NCR JUNE 10-12

The Department of Trade and Industry-Bureau of Domestic Trade Promotion (DTI-BDTP) partners with Carmelray Industrial Park for the first Bagsakan outside the National Capital Region (NCR) this year. Previously, the Bagsakan Special Project started as an initiative at the onset of the pandemic to sell fresh fruits from the postponed National Food Fair, ensure the continuous supply of food […]

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Politics

CREATE PH ENTREPRENEURS ACADEMY – LAPID

Senator Lito Lapid has filed a bill seeking to create a Philippine Entrepreneurs Academy. The said learning institution shall be established under the supervision of the Commission on Higher Education or CHED. The proposed institution seeks to provide undergraduate and graduate degree programs, as well as short-term, technical-vocational, non-degree courses and modular training that will […]

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Government

LOPEZ TO MSME: TAKE ADVANTAGE OF REOPENING ECONOMY

Department of Trade and Industry (DTI) Secretary Ramon Lopez called on the 52 graduates comprising of micro, small, and medium enterprises (MSMEs) in the trade agency’s 3A (Accept, Adapt, and Act) Program to scale up as the country gradually reopens the economy in the wake of the COVID-19 pandemic. “You should scale up so as […]

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Government

DTI TO ADD 15K MSME LOANS BY DECEMBER – LOPEZ

Department of Trade and Industry (DTI) Secretary Ramon Lopez said that the Small Business Corporation (SB Corp) is set to process an additional 15,000 loan applications before the year ends to aid the recovery of Micro, Small, and Medium Enterprises (MSMEs) affected by the resulting lockdowns of the COVID-19 pandemic.  “With the improvement in our […]

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Politics

VILLANUEVA: ENSURE SALARIES OF MSME WORKERS

Senator Joel Villanueva has called on the Department of Trade and Industry to expedite the processing of loans that its attached agency, the Small Business Corporation (SBC), is extending to micro, small and medium enterprises (MSME) not only to help them rebuild their businesses amid the pandemic, but also to ensure that they have enough […]

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Politics

PANGASINAN PROMOTES BUY LOCAL FOR MSMES – ESPINO

The provincial government has launched the ‘Pamanang Yaman, Produktong Pangasinan’ project that aims to help the micro, small and medium enterprises (MSMEs) and promote native products.  Ma. Luisa Elduayan, Provincial Tourism, and Cultural Affairs officer said the launching is part of the ‘Abig (heal) Pangasinan’ livelihood project wherein the provincial government will buy products from […]

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Politics

BIR SHOULD RELAX FRINGE BENEFIT TAX RULES FOR MSME EMPLOYEES DURING COVID-19 QUARANTINE – GATCHALIAN

Senator Win Gatchalian called on the Bureau of Internal Revenue (BIR) to be more liberal in applying certain rules on fringe benefit tax for the duration of the enhanced community quarantine in Luzon. This will encourage micro small and medium enterprises (MSMEs) in giving additional benefits to their employees so they can stock up on […]