A ₱1.75-billion credit facility aimed at expanding access to financing for micro, small, and medium enterprises (MSMEs) was formally launched on Feb. 6 through a partnership involving Fuse Financing, the credit unit of Mynt, operator of GCash, the Asian Development Bank, and the Mastercard Impact Fund.
The Philippine Statistics Authority (PSA) and Small Business Corporation (SBCorp) have partnered to incorporate National ID authentication services into SBCorp’s mobile app, aiming to simplify and secure the loan application process for micro, small, and medium enterprises (MSMEs).
The Department of Trade and Industry (DTI) has launched last April 9 the Bagong Pilipinas Marketplace, a business-to-business (B2B) e-commerce platform designed to showcase local products and services.
Innovated Business Solutions (IBS), a local firm which aims to provide vital support to micro, small, and medium enterprises (MSMEs) across the nation, held its official launch last Jan. 17 at an event in Ortigas, Pasig City.
While large enterprises may operate on a different scale, there are fundamental principles that MSMEs can leverage to strengthen their sustainability, adaptability, and growth potential.
India-based global technology company Zoho Corporation is expanding its offerings in the Philippine market with the aim of empowering micro, small, and medium enterprises (MSMEs) with innovative solutions and robust support.
The digital transformation journey for micro, small, and medium enterprises (MSMEs) in the Philippines is an important step towards their survival and growth in the increasingly globalized economy.