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Senator Win Gatchalian underscored the need to simplify the procedures and reduce the transaction costs to encourage Micro, Small, and Medium Enterprises (MSMEs) to seek government loans to restart their businesses which in turn will help shore up the economy. Gatchalian, who sits as Chairperson of the Senate Subcommittee on Banks, Financial Institutions and Currencies […]
As part of its ongoing commitment to help the country towards economic recovery, the Department of Trade and Industry (DTI) and Google launched “MSME Caravan Mondays”, a series of free digital upskilling training sessions for micro, small, and medium enterprises (MSMEs). Initially presented in February 2020 in partnership with the DTI, MSME Caravan is a […]
Camarines Sur Representative LRay Villafuerte has welcomed the congressional ratification of the consolidated bill on the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), which, he said, would help accelerate the recovery of the Philippine economy from the ravages of the Covid-19 pandemic. A co-author of this long-due economic reform measure, Villafuerte pointed out […]
Registering your business and renewing government registrations at the Business Process Licensing Office (BPLO) is a necessary part of running and keeping up your enterprise. It establishes your legitimacy and makes you more credible not just to the government, but also to partners, investors, clients, and customers. To aid the ever-increasing number of micro, small […]
Senator Sonny Angara reiterated his call for more businesses to go online or digital in order to remain competitive under the new normal and to provide much needed boost to the economy. While the economy is expected to rebound after a historic slump last year, growth is still expected to remain slow as restrictions to […]
The 1st Virtual National Trade Fair was officially opened recently through an online ceremony. Attendees from remote locations witnessed the event on the website virtualnationaltradefair.dti.gov.ph and on social media channels. From January 27 to February 2, 2021, the Virtual National Trade Fair will be accessible online 24/7. In his keynote address, Department of Trade and Industry (DTI) Secretary […]
Trade Secretary Ramon Lopez highlighted the legislative plans of the Department of Trade and Industry (DTI) to cement closer collaboration with the Lone District of Navotas Representative John Reynald Tiangco, the new House Chair of the Committee on Trade and Industry, as they held their first virtual meeting recently. Lopez requested for the assistance of […]
Senator Koko Pimentel III is urging the Department of Trade and Industry (DTI) to develop in-house an online shopping platform for Philippine-made or Philippine-grown products and help micro, small, and medium enterprises (MSMEs) amid the coronavirus disease (COVID-19) pandemic. Acknowledging the use of digital technology as the new normal, Pimentel is pushing for a Filipino-made selling […]
Government must look for more resources to be able to support local micro, small, and medium-sized enterprises during the coronavirus disease (COVID-19) pandemic as MSMEs create jobs, Senator Kiko Pangilinan said. “The current amounts allocated to help 50,000 of the estimated 2 million to 3 million MSMEs is a drop in the bucket. Kulang na […]
Senate Majority Leader Migz Zubiri championed the micro, small, and medium enterprises (MSMEs), tourism, and cooperative sectors during the bicameral conference committee meetings for the Bayanihan to Recover as One Act, or Bayanihan 2. Bayanihan 2 seeks to provide an economic stimulus package that will allow businesses to recover from financial losses incurred during the […]