The Department of Trade and Industry (DTI), Small Business Corporation (SB Corp), and Philippine Franchise Association (PFA) have formed a partnership to promote franchising as a viable business option. In a statement, the DTI said the partnership aims to create a thriving franchising ecosystem by...
SBCorp, the government’s micro financing arm, has extended a total of P13.6 billion to micro, small and medium enterprises (MSMEs) affected by the pandemic. Ryan Lazo, SBCorp spokesperson, said at the Laging Handa Public Briefing Wednesday, Feb. 15, reported that as of Jan. 31 this year, loans...
Loans granted by the Small Business Corporation's (SBCorp) to pandemic-affected micro, small, and medium enterprises (MSMEs) as of Dec. 2 this year reached P8.2 billion, exceeding the P8.08 billion transferred or downloaded to it by the Department of Budget and Management (DBM) based on Bayanihan 2...
Senator Juan Edgardo “Sonny” Angara on Thursday urged the Small Business Corporation (SBCorp) and the Department of Tourism (DOT) to utilize the unspent funds from Bayanihan to Recover as One Act or Bayanihan 2 to help the Philippine tourism industry restart activities after a two-year slump...
Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI) catering largely to micro small and medium enterprises (MSMEs), is seeking partnership with large fast-moving consumer goods (FMCG) companies, specifically those involved in food manufacturing,...
Amid an apparent take up of the government micro financing facility, Trade and Industry Secretary Ramon M. Lopez has reiterated his call to all micro small and medium (MSMEs) that wish to restart or to strengthen their business operations to avail of the Bayanihan CARES lending fund....
Small Business Corporation or SBCorp., the government’s micro financing arm, has released more than P2 billion or 20 percent yet of the P10 billion allocation under the Bayanihan to Recover as One Act or Bayanihan 2 for the micro small and medium enterprises (MSMEs) as of the first week of...
Having an important role in helping boost recovery during this pandemic, Small Business Corporation (SBCorp), the financing arm of the Department of Trade and Industry (DTI), was assigned a high Issuer Credit Rating of PRS A minus (corp.). Philippine Rating Services Corporation...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
Senator Ralph Recto yesterday sought for an accounting of the funds being allocated to government financial institutions for lending to the micro, small and medium enterprises (MSMEs). Senator Ralph Recto (Senate of the Philippines / MANILA BULLETIN) This transpired at the Senate hearing for the...
With the Bayanihan to Recover as One Act (RA 11494) signed into law, a P10- billion fund has been allotted to The Small Business Corporation (SBCorp), the government’s micro financing arm. SBCorp announced it will start rolling out on Monday, October 26, the P10-billion fund to ensure...
