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Department of Energy DOE issued through Manufacturing and Energy Supply Chains MESC and Office of Energy Efficiency and Renewable Energy EERE Funding Opportunity Announcement FOA directing $3.1 billion from the IIJA to support a domestic battery supply chain

State-owned Philippine Guarantee Corp. (PHILGUARANTEE) posted record financing assistance to micro, small and medium enterprises (MSMEs) during the prolonged pandemic. Based on a report to the Department of Finance released on Monday, April 4, PHILGUARANTEE said its credit guarantee facilities t

MANILA - State-owned Philippine Guarantee Corporation (PhilGuarantee) has reached nearly PHP3 billion in financing assistance to micro, small and medium enterprises (MSMEs) through its credit guarantee facilities, in line with its key assistance role during the pandemic period that started in 2020. PhilGuarantee president and chief executive officer Alberto Pascual said the agency's credit guarantee portfolio for MSMEs registered a remarkable performance since the pilot implementation of the...

Over 20,000 entrepreneurs have received financing assistance from the Philippine Guarantee Corporation (PhilGuarantee) as of March, the Department of Finance (DOF) reported on Monday. The DOF said the cumulative releases for micro, small and medium enterprises (MSMEs) reached P2.95 billion as of March 10 this year. The assistance benefited 20,310…

Government-run Philippine Guarantee Corp. aims to guarantee P4.4 billion worth of loans extended to micro, small and medium enterprises as the sector continues to recover from the impact of the pandemic.

Includes higher income families of $125,000, up from $60,000.

STATE-RUN Philippine Guarantee Corporation (PhilGuarantee) approved a total of P41.66 billion in micro, small, and medium (MSME) credit guarantees to 47 banks or financial institutions since the pandemic hit the country in March last year. In a statement, PhilGuarantee said it has so far issued combined total credit guarantees for…

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Government-run National Electrification Administration (NEA) has extended P5.628 billion worth of loans to electric cooperatives (ECs) at the duration of the Duterte administration. According to NEA Administrator Edgardo R. Masongsong, the loans extended to the ECs had been via the agency’s