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Government

DTI TO LAUNCH ‘DIGITAL TOOLKIT’ FOR MSMES

The Department of Trade and Industry (DTI) has initiated the development of a self-assessment toolkit for micro, small and medium enterprises (MSMEs) which will measure their level of digital maturity and readiness to embark on their journey towards digital transformation. During the 2nd Meeting of the E-commerce Promotion Council held recently, Trade Secretary Ramon Lopez […]

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Politics

BAGUIO BIZ PERMIT RULES EASED FOR COVID-HIT MSMES

The city government of Baguio has eased the requirements to get a business permit in the city to allow owners to rectify the errors and align their business activity to the standards of the city’s zoning ordinance. Aileen Refuerzo, city information office chief, said City Council Resolution 118-2002 was signed to grant amnesty to businesses […]

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Politics

PANDEMIC-HIT BACOLOD CITY MSMES GET TAX RELIEF

The city government of Bacolod will grant a comprehensive relief package to businesses affected by the coronavirus disease 2019 (COVID-19) pandemic as a major component of its health crisis exit plan. The support program “Ipadayon ang Negosyo kag Trabaho” (Continue Business and Jobs) will benefit all micro, small, and medium enterprises (MSMEs) through relief from […]

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Politics

PANGASINAN HOLDS TRADE EXPO TO HELP MSMES – ESPINO

The provincial government of Pangasinan is assisting the micro, small and medium enterprises (MSMEs) to recover from their losses brought on by the pandemic through the Tourism and Trade Expo. “We have invited our MSMEs province mates to give them the chance to earn amid the pandemic as this is also a chance for them […]

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Politics

MORE SUBSIDIES NOT LOAN FOR MSMES – QUIMBO

A lawmaker urged economic managers to seriously consider expanding the various subsidy programs for micro, small, and medium enterprises (MSMEs) to help them recover from the impact of the coronavirus pandemic. Marikina City Representative Stella Quimbo said programs such as the Department of Trade and Industry’s Livelihood Seeding Program – Negosyo Serbisyo Sa Barangay (LSP-NSB) […]

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Politics

SATELLITE-BASED INTERNET TO AID MSMES – GATCHALIAN

Senator Win Gatchalian vowed to pursue the enactment of his bill to develop satellite-based internet technology in the country and expand the powers of the Department of Information and Communications Technology (DICT) to ensure universal access to the internet. Gatchalian has filed Senate Bill No. 2250 or the proposed Satellite-Based Technologies for Internet Connectivity Act […]

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Politics

VILLAFUERTE: SPEED UP DIGITALIZATION OF MSMES

Camarines Sur Representative LRay Villafuerte has called on the Department of Trade and Industry (DTI) to do a far better job of implementing or scaling up its programs designed to assist micro, small and medium enterprises (MSMEs) in migrating to digitalization amid the emerging new economy touched off by the COVID-19 pandemic. Villafuerte said digitalization will […]

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Politics

SENATE RATIFIES RETAIL TRADE ACT AMENDMENTS

The Senate ratified the bicameral conference committee report for the amendments to the Retail Trade Liberalization Act. The bill seeks to lower the capitalization requirement for foreign retailers from $2.5 million to $500,000, or roughly from P125 million to P25 million. This is in order to attract more foreign direct investments into the country, thereby […]

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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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Politics

GENSAN HOLDS TRADE FAIR FOR SMALL BIZ — RIVERA

The city government of General Santos has opened a week-long trade fair to promote various products of homegrown micro, small and medium enterprises (MSMEs). General Santos City Mayor Ronnel Rivera said the activity, which will run until July 19 at the Robinsons mall atrium, is mainly aimed to encourage consumers to patronize local produce and […]