Small banks now lending more to SMEs
The country’s rural and cooperative banks remain stable and are in a strong position to support the financing needs of micro, small and medium enterprises as well as large firms…
Small banks now lending more to SMEs thanks to BSP’s reserve cuts
MANILA, Philippines — The country’s rural and cooperative banks remain stable and are in a strong position to support the financing needs of micro, small, and medium enterprises as well…
Globe myBusiness and Ayala Enterprise Circle offer free webinar for SMEs to ensure business continuity
As the provider of 63% of the country’s workforce, the essential role that Small and Medium Enterprises (SMEs) play in the national economy cannot be emphasized enough. Regrettably, though, their…
A snappy salute to the Filipino SMEs
Small and Medium Enterprises (SMEs), which comprise 99.6% of all registered businesses in the Philippines, employ 70% of the country’s workforce. However, the imposition of stringent, months-long community quarantine measures…
Gov’t guarantees P37.5B in bank loans to SMEs
In its bid to make available loans to small businesses badly hit by the COVID-19 crisis, the state-run Philippine Guarantee Corp. (Philguarantee) has green-lit P37.5 billion in credit guarantees as…
Para Sa Bagong Bukas: Globe myBusiness strengthens support for local SMEs to adapt to new normal
While the term micro, small, and medium enterprises (MSMEs) may suggest that the industry is little in size, they play an important role in the Philippine economy. In 2019, the…
Globe MyBusiness connects SMEs in looking after healthcare frontliners
Strengthening its support to medical and business frontliners, Globe initiated a unique collaborative effort with its partner institutions in the healthcare and food industries, the result of which is a…
Gov’t allots P 1-B loan fund for agri-fishery SMEs
The Department of Agriculture (DA) has approved an initial P1-billion loan assistance for the use of marginal farmers and fisherfolk as well as agri-fishery micro and small enterprises (MSEs) to…