The Asian Development Bank (ADB) has entered into a new partnership with Security Bank Corp. aimed at expanding access to supply-chain financing for small and medium enterprises (SMEs) in the Philippines. In a statement on Tuesday, May 12, the ADB said it signed a risk participation agreement (RPA)...
Filipina entrepreneurs—many of them mothers—are powering the Philippine economy, owning 66% of existing businesses and 62 percent of newly registered enterprises. Yet despite this outsized contribution, many women-led MSMEs struggle to scale due to limited access to capital, gaps in digital...
The Philippines and South Korea signed an agreement to accelerate cooperation in trade and energy in pursuit of driving industrial transformation, according to the Department of Trade and Industry (DTI). In a statement on Thursday, May 15, DTI Secretary Cristina Roque said she signed a memorandum...
The National Economic and Development Authority (NEDA) is encouraging consumers and the working population to respond to a new survey on confidence in the safe and gradual opening of the economy. In a statement, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said the key to a real...