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DTI allots P200 million for Odette-hit MSMEs

The Department of Trade and Industry is making available over P200 million worth of assistance in the form of loans and grants for micro, small and medium enterprises in areas hit by Typhoon Odette.

DTI extends aid to Odette -hit MSMEs in Visayas and Mindanao

The Department of Trade and Industry (DTI) is allotting a P20-million livelihood seeding program (LSP) to aid the micro, small and medium enterprises (MSMEs) that were affected by the onslaught of Typhoon Odette (international code name Rai) in Visayas and Mindanao provinces. Trade Secretary Ramon M. Lopez told reporters on…

DTI mulls assistance to typhoon-hit MSMEs

The Department of Trade and Industry (DTI) is looking at helping micro, small and medium enterprises (MSMEs) affected by Super Typhoon Odette. DTI Assistant Secretary Ann Claire C. Cabochan said this as Typhoon Odette caused massive destruction not just on agriculture but also business establis

SB Corp extends 13th-month pay loan window after only 447 applied

THE Small Business Corp. (SB Corp.) announced it has extended the deadline for micro-scale and small firms to apply for interest-free loans to finance the 13th-month pay of their workers. SB Corp. said the decision was due to the low turnout of applicants of the program. The Department of Labor…

Availments of tourism lending window remain sluggish | Ma Stella F Arnaldo

AVAILMENTS from the government lending facility for the tourism sector continues to remain meager even though 70 percent of sector are “in distress.” Data from the Department of Tourism (DOT) showed that as of November 5, 2021, there were 528 loan applications amounting to P242.83 million that have been approved…

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