The Department of Trade and Industry (DTI) should create a small loan program for micro, small and medium enterprises (MSMEs) with no interest rate, Sen. Ronald “Bato” Dela Rosa said. Dela Rosa raised this during the confirmation hearing of Department of Trade and Industry (DTI)...
The Senate has approved on third and final reading the bill that seeks to institutionalize the Shared Service Facilities (SSF) project of the Department of Trade and Industry (DTI). The bill seeks to ensure there is continued funding for the benefit of micro, small and medium enterprises (MSMEs)....
NATIONAL VACCINATION DAY. Health Secreatary Francisco Duque inoculates a teenager with COVID19 vaccine during a ceremonial vaccination to mark the start of the National COVID-19 Vaccinaton Day at Marikina Sports Center in Marikina City, November 29 2021.In order for the country to meet it...
Three-term Senator and Deputy Speaker, Loren Legarda, today called for more budgetary support for livelihood programs of the government for the marginalized sectors amid this pandemic. Legarda, principal sponsor and co-author of the Micro, Small and Medium Enterprises (MSME) Law, has been...
Trade and Industry Secretary Ramon M. Lopez has batted for a change in the bidding procedure for government procurement of critical products, such as personal protective equipment (PPEs), that will give local manufacturers first crack in the supply contract over foreign bidders. At the virtual...
Secretary Ramon M. Lopez Department of Trade and Industry We should never think small when we talk about micro, small, medium enterprises (MSMEs). The implementation of stricter health lockdowns in the first quarter of 2020 to prevent the spread of COVID-19 had severely affected businesses,...
True to its mandate of assisting micro, small, and medium-sized enterprises (MSMEs) in the Philippines to stand on their own and find their niche in the local and international markets, the Department of Trade and Industry has been at the forefront of bolsteringthe growth of Filipino MSMEs by...
Putting up a business is not an easy feat but these young Filipino entrepreneurs continue to overcome the many challenges of a business along with what this year has to offer. What drives them is the synergy of business and purpose: to promote local products. Learn more about their stories below....
The country’s Micro, Small to Medium Enterprises (MSMEs) has always been described as the lifeblood of the country’s business landscape that largely supports and spurs economic development and helps generate wide-scale employment. As of May 2019, 99.56 percent of business...