TECH4GOOD Monchito Ibrahim It is not only the concept of work that the advent of the internet has disrupted. It is also beginning to change, in very profound ways, the way we look at how business is conducted especially for micro-enterprises. The internet gave birth to a recent phenomenon called...
Local mezzanine investor ARQCapital Partners (ARQ) is pushing “smart capital” investments in the private and alternative lending space to support medium enterprises (MEs). Edmund M. Solilapsi, ARQ founding partner and chief executive officer said Wednesday, June 8, that the company plans to...
Presidential Adviser for Entrepreneurship Jose 'Joey' Concepcion III said micro-enterprises should be exempt from salary hike orders as they are still reeling from the effects of the Covid-19 pandemic and the conflict in Eastern Europe. Presidential Adviser for Entrepreneurship Joey Concepcion...
State-owned Philippine Guarantee Corp. (PHILGUARANTEE) posted record financing assistance to micro, small and medium enterprises (MSMEs) during the prolonged pandemic. Based on a report to the Department of Finance released on Monday, April 4, PHILGUARANTEE said its credit guarantee facilities to...
Owners of small and medium-sized enterprises (SME) are optimistic about the future of the domestic economy as well as business growth prospects, as they plan to expand this year despite the prolonged pandemic, a recent study revealed. Based on the Sun Life Business Growth and Resilience Index...
media A single data breach costs P37.5 million for enterprises and P3.9 million for small and medium-sized businesses (SMBs) in the Philippines and the rest of Southeast Asia (SEA), according to the latest findings of global cybersecurity firm Kaspersky. Unfortunately, with new threats emerging...
As 90 percent of employment comes from micro, small and medium enterprises (MSMEs), vice-presidential aspirant Senator Francis "Kiko" Pangilinan said he will push for a P100-billion stimulus fund for the country's millions of small entrepreneurs. Senator Francis 'Kiko' Pangilinan (Photo courtesy of...
The Muntinlupa City government has granted zero-interest loan assistance to 200 micro, small, and medium enterprises (MSMEs) in the city to help them revive their businesses that have been hit by the COVID-19 pandemic. Mayor Jaime Fresnedi led a ceremonial turn-over ceremony of the loan assistance...
The Department of Finance (DOF) said the government will finalize within this month the Strategic Investment Priority Plan (SIPP) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law. In a statement, Finance Secretary Carlos G. Dominguez III said on Wednesday, Jan. 12, that the...
Senatorial aspirant and Sorsogon Governor Francis “Chiz” Escudero on Monday urged banks to ensure that 10 percent of their loan portfolio goes to micro, small and medium enterprises (MSMEs) financing. Escudero, who used to head the Senate committees on finance, and banks and financial...
The Department of Finance (DOF) has set in motion the full implementation of the Personal Property Security Act (PPSA) with its recent issuance of the rates for the fees on the use of the electronic registry mandated to be established under the law. Republic Act (RA) No. 11057 or the PPSA aims to...
OF TREES AND FOREST Former Senate President Manny Villar Ginni Rometty, the first woman to lead IBM, once said, “The only way you survive is you continuously transform into something else. It’s this idea of continuous transformation that makes you an innovation company”. This idea could not...
