Photo Credit: MyTiangge.ph More and more businesses are shifting to digital commerce especially in a time of limited mobility and quarantine restrictions. Aside from stepping up their social media presence, brands engaging with their customers online and choosing digital payment solutions to keep afloat during the pandemic. With the sheer …
Read More »4 SME challenges and how to overcome them
The Philippines Statistics Authority recently reported a lower unemployment rate for July vs the high 17.7% recorded last April. As the country slowly recovers, the third quarter saw a restoration of 7.5 million jobs, with many Filipinos choosing to start their own business. Without a doubt, it is difficult to …
Read More »What you need to know about Bayanihan 2
As we’ve established earlier, MSMEs or micro, small, and medium enterprises comprise a vital role in the country’s economic growth. But with 26% of 1.5 million MSMEs shuttered by the pandemic and the Q2 2020 GDP decreasing by 16.5%, it’s crucial to support what accounts for 63% of the country’s …
Read More »How is the Philippines empowering MSMEs?
Micro, small, and medium enterprises or MSMEs play an all-important role in the Philippines’ economic development. As of 2018, MSMEs account for 35% of the Gross Domestic Product and 25% of the country’s total export revenue. A whopping 99.52% of all businesses here are MSMEs. MSMEs are responsible for 63.19% …
Read More »Explainer: Can foreigners own businesses in the Philippines?
Ever wondered why there’s an influx of expatriates and foreign workers in the country? Or why the e-commerce sector continues to grow here in the Philippines? The 11th Regular Foreign Investment Negative List may be a factor for the sudden increase in foreigners. 11th Regular Foreign Investment Negative List Signed …
Read More »Innovative ways businesses can adapt in a post-COVID-19 world
One sector that has been badly affected by this pandemic is the country’s micro, small, and medium enterprises (MSMEs). With the community quarantine restrictions and additional health protocols in place, it has been difficult for establishments to operate fully. Local businesses are harnessing their digital savvy and resourcefulness to deal …
Read More »How to budget during an unexpected health crisis
These days, it seems impossible to be productive and think about anything other than the unbearable heat and the global health crisis. You may feel like your life is out of control, with the influx of distressing news and the lifestyle adjustments you have to make as we face the …
Read More »8 things you must do before turning 30
Turning the big 3-0 has always been a significant milestone in one’s life. As you approach the last days of being a twentysomething, have a moment of self-reflection and assess where you are when it comes to your goals. Take a calculated career risk Your twenties is when you start …
Read More »10 practical gifts for your loved ones this Valentine’s Day
After the hectic (and seemingly never-ending) month of January, here comes the month of love. Before you know it, sweet serenades will play in every corner of the mall. Pink and red streamers and heart-shaped decor will adorn every store. Vendors selling bouquets of roses and chocolates will line the …
Read More »7 common mistakes made by first-time car buyers
Looks like everything’s falling into place. Whether you’re killing it at your career, or about to take the next step in building a family – one thing’s for sure: all the hard work has finally paid off now that you’ve decided to get your own car. But hold on. Make …
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