Eligible micro, small, and medium enterprises (MSMEs) in the tourism sector may now access loans of up to P20 million through a financing initiative launched by the Department of Tourism (DOT), in partnership with the Department of Trade and Industry (DTI). The program is implemented through the...
Jose Ma. “Joey” Concepcion III said that “nano enterprises,” which are smaller than micro establishments, play a big part of the domestic economy as they are rapidly mushrooming because of digitalization. At the Laging Handa, Public Briefing, the chairman of Asean Business Advisory Council...
To comply with the reserve requirement, banks have released P14.9 billion more loans to micro, small and medium enterprises (MSME) for the month of September alone, based on Bangko Sentral ng Pilipinas (BSP) data. MB file photo. This brings the average daily balance of bank loans to MSMEs to P120.9...