Tag Archives: small businesses

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 …

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 …

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% …

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 …