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...
In an era of heightened consumer awareness, a wave of entrepreneurs is entering the market, often unaware of the potential pitfalls that could jeopardize their ventures. A key strategy for safeguarding the future of a small business is embracing sustainability. In a one-on-one interview with...
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...
The Food and Drug Administration (FDA) on Tuesday, April 2, addressed the challenges among many small businesses including limited technical and financial capacity and lack of knowledge about the FDA requirements. Photo from Pixabay To empower local entrepreneurs, FDA Director General Samuel Zacate...
Malacañang has turned down provisions in the Ease of Paying Taxes (EOPT) law that aimed to exempt small businesses from deducting withholding taxes. In a letter dated Jan. 5, 2024, addressed to the House of Representatives, President Marcos said he was “constrained to veto Section 8,” of...
The Social Security System (SSS) has returned to the Bureau of Treasury (BTr) P5.7 billion unutilized fund for the Small Business Wage Subsidy (SBWS) Program of the Department of Finance (DOF) to help small business employers and employees during the Covid-19 pandemic. In its Peformance Audit...
In its endeavor to continue boosting the entrepreneurial spirit of its community members, SM Development Corporation (SMDC) , in partnership with GoNegosyo, hosted a Start-up Boot Camp last May 28 at SMDC Grass Residences in Quezon City. The whole day boot camp provided mentorship to resident...
The Commission on Audit (COA) reported on Wednesday, March 2 that around P4.99-billion allocated for loan distribution micro, small, and medium enterprises as part of Bayanihan 2 act was left stagnant. The Commission on Audit (COA) logo (Taken from coa.gov.ph/ MANILA BULLETIN) Through the COVID-19...
A newly-formed, pro-micro, small, and medium enterprises (MSMEs) party-list has highlighted its strong performance in a recent Social Weather Stations (SWS) survey. (Tim Mossholder/ Unsplash) The results of the SWS survey, conducted from January 9 to 24, 2022, showed that Angat Pinoy Party-list has...
The holidays are always a special time for families and friends. Aside from festive celebrations that bring everyone to bond together, the age-old tradition of gift-giving makes the occasion more memorable, as it symbolizes appreciation for the people being cared about the most. This holiday...
Having multiple sources of income has become a norm nowadays with many turning their love for food into a side hustle. In the age of technology when almost everything can be done digitally, starting an online food business has easily become popular. It can be a great way of earning some extra cash...
This online shopping platform provides opportunities, especially this 8.8 sale More than ever, in this lockdown that we are currently in, we have to help keep our economy stable by supporting businesses, especially those that belong to the small and micro, and by persons with disabilities (PWDs)....
