The Philippines will launch five regional initiatives to expand financing, market access, mentorship, and digital support for micro, small, and medium enterprises (MSMEs) as it hosts the ASEAN MSME Summit on Sept. 21 in Pasay City.
The Bangko Sentral ng Pilipinas is pushing to close a persistent financing gap for micro, small and medium enterprises, with bank loans to the sector reaching more than P580 billion but accounting for only about 6 percent of total business lending.
Technology is giving Philippine micro, small, and medium enterprises (MSMEs) more ways to raise productivity, reach customers beyond their local markets, and scale without the heavy investment in physical infrastructure traditionally required for expansion.
Sales generated by coconut micro, small, and medium enterprises (MSMEs) more than tripled to P309.57 million at this year’s COCONUTPhilippines Trade Fair, pointing to stronger demand for higher-value Philippine coconut products.
Nearly half of Filipino micro, small, and medium enterprises (MSMEs) are facing a talent crunch even as most plan to expand their workforce, prompting Jobstreet by SEEK to widen access to free digital recruitment tools for smaller businesses.
Asian Terminals Inc. (ATI) has secured a 25-year extension of its contract to run and develop Manila South Harbor, keeping its role as operator of one of the country’s most important gateways until 2063.
Pag-IBIG Fund more than doubled its financing for socialized housing in the first 10 months of 2026, extending homeownership opportunities to low-income families as it brings more than 20,000 housing units to a two-day fair in 4PHDavao City.
The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.
The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.