Following the issuance by President Rodrigo Duterte of Executive Order No. 169 “Strengthening the Franchising Industry for the Protection of Micro, Small and Medium Enterprises (MSMEs)”, Department of Trade and Industry (DTI) Secretary Ramon Lopez ensured that in promoting entrepreneurship and franchising as tried and tested business models for aspiring MSMEs. “We have to protect […]
Tag: small businesses
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]
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 […]