State-owned Development Bank of the Philippines (DBP) has granted a P375-million loan to the Puerto Princesa City Water District (PPCWD) to support initiatives aimed at upgrading the delivery of water services and addressing the needs of the rapidly growing population of the city, a top official said. DBP President and Chief Executive Officer Michael O. […]
Earlier this week, a Memorandum of Agreement for the “Cashless Expo 2023,” the first of its type in the Philippines, was signed between the Bangko Sentral ng Pilipinas (BSP) and the Department of Trade and Industry (DTI). Once formed, the first-ever “Cashless Expo” is anticipated to allow more micro, small, and medium-sized enterprises (MSMEs) to […]
The Philippines is home to a vibrant startup scene, with new businesses and MSMEs emerging every day. Shell LiveWIRE supports the continuous growth in the local business landscape by strengthening the country’s economy, as well as by promoting entrepreneurship, innovation, and meaningful employment. Shell executives together with participants at the Shell LiveWIRE Final Pitch Day […]
The Department of Trade and Industry (DTI) has recently expressed its commitment to help streamline the Halal certification process for micro, small, and medium-sized enterprises (MSMEs). In a media event, the DTI stated that it intends to create a roadmap to encourage MSMEs in the food and other industries to obtain Halal certification. According to […]
When it comes to Science and Technology innovation, the Philippines is well positioned to take the lead in the ASEAN thanks to several recent developments. This was the overall consensus reached at a recent panel discussion held in Makati organized by the Department of Science and Technology (DOST) and Digital Pilipinas, now the largest private […]
Amazon Web Services (AWS), an Amazon.com company, today released a report revealing that micro, small, and medium-sized enterprises (MSMEs) that embrace cloud-enabled technologies in Indonesia are expected to unlock up to 79.6 trillion IDR in annual productivity gains and support 17.6 million jobs across the healthcare, education, and agriculture sectors by 2030, representing an average […]
The Bangko Sentral ng Pilipinas (BSP) has set up an exhibit recently showcasing local micro, small, and medium enterprises (MSMEs) as part of the Alliance for Financial Inclusion (AFI) 2023 Global Policy Forum (GPF). The exhibit was held at the Philippine International Convention Center (PICC) from September 12 to 15. Photo shows (from left) DOT-NCR […]
State-owned Development Bank of the Philippines (DBP) has granted an initial P1.106-billion funding support to a Capiz-based real estate developer for the expansion and improvement of their master-planned development venture in Western Visayas, a top official of DBP shared. Photo shows DBP President and CEO Michael O. de Jesus (7th from left) together with Roxas […]
BMI Industry Research, a division of Fitch Group, is optimistic about the Philippines’ fintech industry, particularly its potential for reaping profits. Nevertheless, it also cautioned investors to be wary of the hazards. Based on the firm’s analysis, the risks are much higher in Indonesia and the Philippines, but these countries offer far more opportunities for […]
CIMB Bank Philippines Inc., a part of the CIMB Group, one of ASEAN’s leading banks present in over 16 global markets, is currently seeking additional partners to provide embedded banking services to more Overseas Filipino Workers (OFWs) and Micro, Small, and Medium-Sized Enterprises (MSMEs). Overseas Filipino Workers (OFWs) arriving home to the Philippines The incorporation of […]
