SMEs

With the population increasing at a rapid rate government planners are afraid that the unemployment rate will increase under conditions of a stagnant economy. Unless moves are made to increase the utilization of labor and productivity both in agriculture and the sector in manufacturing, which consists of cottage industries and small and medium enterprises in…

Providing subsidies like reduction in taxes and easy access to credit lines will help small and medium enterprises (SMEs) weather the global economic crisis, according to economists.

Your neighborhood sari-sari (variety) store, the Internet café on the street corner, the food stall where you buy cheap meals to fix that grumbling stomach—they may not be as huge as a shopping mall, an IT hub or a fastfood restaurant, but these micro-, small- and medium-enterprises (MSMEs) help bolster the domestic economy amid a…

As the global economic slowdown takes its toll on businesses, more small and medium enterprises (SMEs) in the US have begun outsourcing their back office processes to cut costs, an official of a local contact center association said.

LOCAL shoemakers are asking the Dangerous Drugs Board (DDB) to repeal a rule that requires adding mustard oil on toluene-based contact cement, which is more popularly known as “rugby,” an industry official said.

MANILA, Philippines – The government’s lending program for micro, small and medium enterprises (MSMEs) has lent a total of P305.57 billion to some 5.6 million beneficiaries since 2004 and in the process created 2.5 million jobs.

MANILA, Philippines – Local micro, small, and medium enterprises (MSMEs) have committed to invest around P140 million in new ventures, potentially generating 1,450 new jobs in Metro Manila, Rizal, Laguna, and Batangas, according to data from the Board of Investments.

Small and medium enterprises (SMEs) in the Philippines were cutting costs and shifting strategies to stay alive amid the global economic slowdown, a recent poll showed.

Over P35 billion in loans have been extended to various micro, small and medium enterprises (MSMEs) in 2007, generating nearly half a million new jobs, Malacañang said yesterday.