BDO cites benefits of green bond issuance
FUNDS raised by BDO Unibank Inc. (BDO) financed 28 projects that supported employment generation and the expansion of renewable energy sources in the country.
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FUNDS raised by BDO Unibank Inc. (BDO) financed 28 projects that supported employment generation and the expansion of renewable energy sources in the country.
THE number of basic deposit accounts (BDAs) more than doubled in the third quarter of 2023, according to the latest data from the Bangko Sentral ng Pilipinas (BSP).
THE Bangko Sentral ng Pilipinas (BSP) will employ a traffic light system in determining if certain financing activities are considered sustainable.
THE Department of Trade and Industry (DTI) announced it has tapped DK P.O. Fulfillment Co. Inc. (DKPO) to provide non-interest-based financing opportunities for micro-sized, small-scale and medium-sized enterprises (MSMEs) in the country’s Halal industry.
FILIPINO retailers and consumers would benefit from a barcode system scheduled to be implemented worldwide by 2025, according to the Philippine Retailers Association (PRA).
THE wage hike approved for the National Capital Region (NCR) may be among the highest approved in Metro Manila but, local economists said, this could also increase prices and cut jobs, particularly in micro, small, and medium enterprises (MSMEs).
LOCAL and global inflation pressures have unfazed the country’s biggest group of retailers, which remains bullish on the industry’s growth in 2023.
TRADE Secretary Alfredo E. Pascual called on his counterparts at the Asia Pacific Economic Cooperation Ministers Responsible for Trade (APEC MRT) meeting to make the World Trade Organization (WTO) more “effective and responsive” in addressing modern challenges, such as keeping pace with technological developments, among others.
The Department of Trade and Industry Region 4-A launched its second One Town, One Product (OTOP) Hub in Cavite on Tuesday at the 2nd Floor Main Square Mall, Bacoor City, in a bid to market more innovative and competitive micro, small, and medium enterprises (MSMEs) with strong brands that contribute significantly to the national economy.
GOOGLE Philippines on Wednesday launched a campaign aiming to encourage micro, small and medium enterprises (MSMEs) to open a web site in an initiative to assist the government in its objective to digitalize business transactions.
IN the Philippines we know that there is quite a number of people who take loans from loan sharks and illegal loan operators. They charge such oppressive interests that the small people, who are usually their patrons, end up buried in so much debt. The most common is the 5-6 loan at 20-percent interest. The government has now expressed concern about this and has started to address the issue. Illegal loan operators can be arrested, according to authorities, without the need for a warrant of arrest
UNION Bank of the Philippines (UnionBank) aims to bring more micro, small and medium enterprises (MSMEs) in the digital highway through its “Ureka Forum”, according to its executive.
The thrift-bank sector posted loan growth of 13 percent in 2016, amounting to P777.06 billion, and made possible by stronger lending activities to the micro, small, and medium enterprises (MSMEs), as well as the housing sector, the Chamber of Thrift Banks (CTB) said on Wednesday.
Micro, small and medium-sized enterprises (MSMEs), particularly handicraft entrepreneurs, are appealing to the government to immediately remove from the list of regulated chemicals two commonly used substances in their industry, saying their business survival is at stake.
THE Duterte administration’s P19-billion micro-fund scheme will be piloted in three of the country’s poorest provinces this month, according to the Department of Trade and Industry (DTI).
By Kathleen Joyce D. Bondoc / Office of the Undersecretary for Industry Promotion Group, DTI
By Magnolia Uy / Trade Service Officer / Foreign Trade Service Corps, DTI
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