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Philippine micro, small, and medium enterprises (MSMEs) need to constantly innovate their products and services if they want to survive the global disruptions caused by the Fourth Industrial Revolution, Senator Win Gatchalian has warned. Speaking at the recent 27th Metro Manila Business Conference, Gatchalian urged MSMEs to foster a culture of innovation in order to […]
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, […]
The Senate approved last week the Philippine Innovation Act (Senate Bill No. 1355) on third and final reading, setting the stage for the formulation of an ambitious innovation policy framework that will drive the country’s economic development and inclusive growth over the next few decades. “There is no better timing for the passage of […]