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Providing wage subsidy for workers in the micro, small and medium enterprises (MSME) sector will allow the restart of the country’s economy faster and smoother as workers are kept in their homes during the quarantine, said Senator Joel Villanueva. In a statement, Villanueva expressed gratitude to the government for considering his proposal to provide a […]
House Minority Leader Benny Abante Jr. on Monday joined calls for government measures to aid the middle class, particular micro, small, and medium-sized enterprises (MSMEs) that have been adversely affected by the COVID-19 outbreak. Abante pointed out that the government would have to find ways to extend financial assistance not just to underprivileged families, but […]
The Department of Trade and Industry (DTI) has recently released Memorandum Circular (MC) No. 20-12, Series of 2020 granting a 30-day grace period for the payment of residential and commercial rents with due dates within the the Enhanced Community Quarantine (ECQ) period. “To provide economic relief to Filipinos and MSMEs during the COVID-19 public health emergency, DTI […]
Senator Joel Villanueva is calling on the government to also provide assistance to micro, small and medium enterprises (MSMEs), which he said are also suffering from the effectis of the coronavirus pandemic. In a statement, Villanueva expressed concern on the ability of the sector to keep their workers employee during the pandemic. “Just as we […]
Department of Trade and Industry (DTI) Secretary Ramon Lopez underscored the agency’s commitment in pursuing inclusive innovation in various industries through greater collaboration among other government agencies and the private sector as the world enters the Fourth Industrial Revolution (Industry 4.0). “In line with President Rodrigo Duterte’s vision of a future where all Filipinos have […]
The Department of Trade and Industry (DTI) is seeking an initial P200 million to P300 million revolving fund for the implementation next year of a new law supporting the innovation activities especially of micro, small and medium enterprises (MSMEs) and enable them to become part of the global market. DTI Secretary Ramon Lopez said the […]
The Department of Trade and Industry (DTI) is pushing for the passage of a bill institutionalizing a government program to provide affordable financing for micro, small and medium enterprises (MSMEs) in the 18th Congress. In a speech delivered during the National MSME Summit 2019 recently, DTI Secretary Ramon Lopez said the proposed P3 (Pondo sa […]
The landmark Philippine Innovation Act, once signed into law, will soon enhance the global competitiveness of micro, small, and medium enterprises (MSMEs) Senator Win Gatchalian said. Gatchalian made the statement after the bicameral conference committee convened to iron out the disagreeing provisions of Senate Bill No. 1355 and House Bill No. 8715. “In the Philippines, […]
Trade Secretary Ramon Lopez had called on stakeholders of the export industry to rally behind the Philippine Export Development Plan (PEDP) so that its objectives would be realized. During the National Exporters Congress (NEC) in Pasay City recently, Lopez said the PEDP has laid out strategies, plans, and programs to further boost the country’s export […]
Special Assistant to the President Bong Go highlighted the important role of micro, small and medium enterprises (MSMEs) as key drivers of inclusive economic growth in the country during the Davao leg of Go Negosyo’s Mentor Me on Wheels (MMOW). The presidential assistant joined Go Negosyo Founder and Presidential Adviser on Entrepreneurship Joey Concepcion at […]