The country’s micro, small, and medium enterprises (MSMEs) are optimistic towards a stronger performance this year, including higher revenue and tapping more customers, following weaker results last year, according to a report by Boston Consulting Group (BCG). BCG, a global consulting firm,...
The Washington-based World Bank has committed to lend the Philippines $350 million, or over ₱19 billion, for an upcoming Department of Agriculture (DA) project aimed at extending financing support to small agri-businesses. A July 11 project information document showed a project cost of $873...
The Department of Agriculture (DA) is set to receive a loan financing from the Washington-based multilateral lender World Bank next year for a project aimed at supporting small agri-businesses. A June 26 document published on Thursday, July 3, showed that the DA is seeking an investment project...
Women-led micro, small, and medium enterprises (WMSMEs) are now eligible to avail of loans of up to ₱20 million following the official launch of the Women’s Enterprise Fund. In a statement, the Department of Trade and Industry (DTI) said the loan program launched on Friday, June 27, setting the...
The post-pandemic digital age is accelerating faster than ever, and it is reshaping how businesses operate and adapt. But as technology advances, businesses that fail to evolve risk becoming outdated more quickly than before. Spain’s IE University has studied the rising career trends, such as...
Logistics provider 2GO said it is ready to assist businesses facing logistical challenges due to the rehabilitation of the San Juanico Bridge and other crucial infrastructure. In a statement, 2GO, an end-to-end logistics solutions provider, said it is leveraging its extensive Roll-on/Roll-off...
Manila-based Asialink Finance Corporation (AFC) has secured a ₱120-million credit line from Taiwan-based Mega International Commercial Bank Co., Ltd. (Mega ICBC), a partnership aimed at expanding financing to the country’s micro, small, and medium enterprises (MSMEs). “With this additional...
The Philippine Coast Guard (PCG) on Sunday, June 15, said that it witnessed a ship boarding exercise by the Japan Coast Guard (JCG) in Kagoshima, Japan. The small board operation and exercise was carried out by the JCG onboard patrol ship PL 69 Koshika last June 13. The small board operation and...
Digital payments giant Visa plans to forge two more partnerships with traditional banks this year—adding to its newly launched collaboration with CIMB Bank Philippines—to help bridge the multi-billion-dollar funding gap for small and medium-sized enterprises (SMEs). “I’m hoping by the end...
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...
Local furniture manufacturers are seeking immediate government intervention to safeguard the industry from the impact of the 17-percent tariffs imposed by the United States on Philippine goods, citing the risk of potential factory closures and job losses. In a position paper addressed to the...
IT'S THE SMALL THINGS I do not mean for this to be a morbid piece, but I also wanted to share some of my reality out there. It is not an exaggeration when I say that since the end of January, I have known someone who has passed away, and it has been non-stop wake goings and novena masses....
