Micro, small and medium enterprises (MSMEs) will be offered zero-interest loans under the Philippine Economic Stimulus Act (PESA) bill, government officials said. “If we’re able to get zero-cost funding, that’s the fund that we can lend at zero percent also. And then out of that funding, we will just ask for administration fee. So that’s […]
Tag: micro
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 […]
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 […]