The Bureau of Internal Revenue (BIR) has released guidelines clarifying the tax abatement initiative for micro-enterprises to clear up confusion surrounding eligibility criteria and unresolved penalties. Under Revenue Memorandum Circular No. 84-2026, the tax authority outlined the operational...
The Department of Trade and Industry (DTI) is seeking additional funding of up to ₱5 billion for Small Business (SB) Corp. to support its loan programs for micro, small, and medium enterprises (MSMEs), including young entrepreneurs. Trade Secretary Cristina Roque said the DTI is seeking a higher...
Many people believe that risk management is only for publicly listed companies or large corporations. Ironically, the opposite is true. Risk management may be even more important for micro, small, and medium enterprises (MSMEs), which typically have fewer financial resources to absorb unexpected...
International Finance Corp. (IFC), the World Bank Group’s (WBG) private-sector arm, is supporting a new initiative to expand lending to micro, small, and medium enterprises (MSMEs) in the Philippines, particularly in underserved areas outside Metro Manila, as part of efforts to improve...
Philippine firms face mounting pressure to adapt to worsening climate risks as recurrent flooding erodes productivity, threatens jobs, and drives businesses to relocate, prompting the World Bank to call for faster investments in resilient infrastructure, energy efficiency, as well as renewable...
Citing the possibility of a severe El Niño that could last until next year, President Marcos assured farmers that the government would continue supporting small reservoir irrigation projects (SRIP) across the country. During the inauguration of the Mabini-Cayacay SRIP in Bohol on Monday, June 22,...
The Department of Trade and Industry (DTI) said it will no longer pursue plans to require mandatory permits for advertisements before they are made public, a move criticized for burdening online sellers and small companies. In a public advisory, the DTI said it will not pursue, implement, or adopt...
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)...
GCash for Business, the enterprise arm of the country’s dominant digital wallet, has entered into a partnership with global fintech platform Pine Labs to overhaul its merchant acquisition strategy and modernize payment infrastructure for small businesses. In a statement, Pine Labs said the...
IT 'S THE SMALL THINGS Mother’s Day is easily one of those holidays that can easily be chalked up as a Hallmark holiday. Yet personally, I feel that it holds so much more substance and meaning than just that. After all, twenty-four hours is significantly lacking to properly honor, celebrate...
The Quezon City government will open applications for Pangkabuhayang QC Phase 6 Batch 1 from June 1 to 15, as it implements stricter eligibility rules and an upgraded digital processing system for the city’s livelihood assistance program. Quezon City Mayor Joy Belmonte said the initiative seeks...
Quezon City has stepped up its support for micro, small, and medium enterprises (MSMEs) through a hands-on training program with TikTok Shop aimed at strengthening digital and e-commerce skills. Around 300 MSME owners and employees joined the Unlad Lokal Roadshow Caravan in Quezon City, organized...
