Business sector begins implementation of P31 wage hike

Delta Dyrecka Letigio 06/14/2022

CEBU CITY, Philippines — The business sector begins today, the implementation of the P31 per day wage increase that the Regional Tripartite Wages and Productivity Board in Central Visayas (RTWPB-7) has approved. In Class A local government…

ECD launched in Cebu, residents can now take out loans for business

Delta Dyrecka Letigio 03/05/2021

CEBU CITY, Philippines — The Cebu Provincial Government has partnered with three banks to provide loans for provincial residents venturing into food production businesses for the Enhanced Countryside Development (EDC). Governor Gwendolyn Garcia, representing the Capitol, signed…

Micro small businesses cry for help

Irene R. Sino Cruz 04/17/2020

CEBU CITY, Philippines — The government has to come up with policies to help the small and medium enterprises (SMEs) recover from the adverse effects of the coronavirus 2019 pandemic, said Rey Calooy, president of the RNC…

Grab PH’s ‘NakakaLOKAL’ a huge help to SMEs

Rhobie A. Ruaya 08/23/2019

GRAB every opportunity! When Jhon Robert Dela Fuente thought about putting up a booth or a restaurant business that would sell scallops, he didn’t have any idea how to start. A year later, he got a chance.…

DTI-7 to launch Negosyo sa Barangay in Cebu

Irene R. Sino Cruz 07/22/2019

CEBU CITY, Philippines—To bring their services to the lower-income municipalities, the Department of Trade and Industry in Central Visayas (DTI-7) will launch the Negosyo Serbisyo sa Barangay in Cebu and in Negros Oriental in August. DTI-7 Regional…

SMEs urged: Use technology to expand market reach

Irene R. Sino Cruz 03/20/2019

CEBU CITY, Philippines—E-commerce is a way to go for Cebu-based small and medium companies (SMEs) who want to expand their market reach. Dick Chiang, chief operating officer of Dragonpay, said SMEs have to tap various technologies, whether…

SMEs urged: Join exhibits, widen market reach

Jose Santino S. Bunachita 02/26/2018

SMALL, and medium enterprises (SMEs) in Cebu are encouraged to widen their market and try to reach international buyers. Some officials of the Center for International Trade Expositions and Missions (CITEM) are in Cebu to do just…

SMEs, micro traders to share in country’s tourism growth

Cris Evert Lato-Ruffolo 06/18/2017

An official of the Department of Tourism (DOT) reiterated the importance of inclusive growth among industry stakeholders amid strong numbers in tourism arrivals in the first quarter of 2017. Speaking to participants of last Friday’s Cebu Tourism…

Cebu’s SMEs, BPOs eyed

Norman V. Mendoza 05/28/2017

Payoneer gives stakeholders in 2 sectors an alternative to go global A global cross-border payments company, Payoneer, is trying to tap into Cebu’s growing small medium enterprises (SMEs) and the booming business process outsourcing industry as they…

Startups urged: Be exporters

Victor Anthony V. Silva 03/29/2017

Entrepreneurs told to avail of DTI program to help them export their products More start-up businesses were encouraged to take steps to become full-fledged exporters as the export industry is expected to experience a rebound this year,…

MSMEs to gain access to China market

Victor Anthony V. Silva 11/23/2016

Bank of China to host cross-border trade and investment conferences in PH next year Micro, small and medium-scale enterprises (MSMEs) in the Philippines are expected to gain access to a wider array of information, capital, technology, and…

DTI to give startups a boost to become small enterprises

Victor Anthony V. Silva 07/14/2016

Startups can now have the needed boost to launch their business ideas to become real small and medium enterprises through the Department of Trade and Industry’s Launchpad program. “Launchpad seeks to bring these startups to a certain…

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