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Release rate for small business assistance loans less than 20% by end of 2020

February 3, 2021 | 8:39 pm Font Size AAA LOANS released under the government’s assistance program for small businesses have topped P2 billion to date, or under 20% of the program’s funding. The Department of Trade and Industry’s (DTI) Small Business Corp. (SB Corp.) was allocated P10 billion for lending to micro-, small-, and medium-sized enterprises under Republic Act No. 11494, the second stimulus package known as Bayanihan II. Prior to the implementation of Bayanihan II, the company also had around P1 billion in initial funds for the COVID-19 Assistance to Restart Enterprises program, which was designed to provide a lifeline to businesses affected by the coronavirus disease 2019 (COVID-19) pandemic.

How to start investing for your family, even during the pandemic

How to start investing for your family, even during the pandemic enablePagination: false endIndex: Metro Manila (CNN Philippines) - Stockpiling on face masks, going on grocery runs, and answering Zoom calls from nine to five while tending to the kids at home: in this overwhelming ‘new normal,’ one might wait until the end of the pandemic before even thinking about investing. But in fact, the best time to start investing is now, especially as the government and private sectors are offering services to help people make market decisions that will help the economy recover faster amidst the COVID-19 crisis. Are you starting from zero? Here’s how you can begin to invest for your family so that you can secure them through the COVID-19 pandemic and more.

DOT vows to shore up assistance to tourist hub Zambales

Mount Pinatubo Crater Lake in Botolan, Zambales (HANAH TABIOS / MANILA BULLETIN) The DOT will also fund a Visitor Management System for Zambales, akin to the Visitor Information and Travel Assistance (VIS.I.T.A.) that the DOT provided to Baguio City through its marketing arm Tourism Promotions Board (TPB).   “As with all other destinations, I cannot stress enough the importance of enforcing the health and safety protocols. These should be strengthened through public information and communications campaigns. Knowing that these guidelines are in place will restore confidence in tourists visiting the province and assurance among the locals who will be welcoming visitors,” Tourism Chief Bernadette Romulo-Puyat said during a planning forum with Zambales local government unit (LGU) leaders and tourism stakeholders on Friday. 

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