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 […]
Tag: Philippine Innovation Act
Senator Win Gatchalian lauded President Rodrigo Duterte for signing a landmark law that would put innovation at the center of the country’s national development policies and making innovation a major driver of economic development. President Rodrigo Duterte signed into law the Philippine Innovation Act (Republic Act 11293), which aims to establish a resilient national culture […]
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, […]